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Exclusive Representative Agreement
"I need an Exclusive Representative Agreement for appointing a Singapore-based company to represent our medical devices in Southeast Asia, with a commission structure of 15% on net sales and minimum quarterly targets of SGD 500,000."
1. Parties: Identification and details of the principal and representative
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of exclusive representation and territorial scope
5. Duration and Termination: Term of agreement and termination conditions
6. Representatives Obligations: Duties, responsibilities and performance requirements
7. Principals Obligations: Support, resources and commitments provided
8. Commission Structure: Payment terms and calculation methods
9. Confidentiality: Protection of sensitive information
10. Governing Law: Specification of Singapore law as governing law
1. Non-Competition: Restrictions on competing activities during and after the agreement term
2. Intellectual Property: IP rights and usage terms for any proprietary materials
3. Insurance: Requirements for insurance coverage and liability protection
4. Force Majeure: Provisions for handling unforeseen circumstances and events beyond parties' control
1. Territory Schedule: Detailed description of geographical coverage and boundaries
2. Products/Services Schedule: Comprehensive list of products or services covered by the agreement
3. Commission Schedule: Detailed commission calculations, rates, and payment examples
4. Performance Metrics: Specific KPIs, targets, and measurement criteria
5. Standard Operating Procedures: Detailed operational guidelines and procedures for the representation
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