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Independent Sales Rep Agreement
"I need an Independent Sales Rep Agreement for my Singapore-based tech company to engage sales representatives in the APAC region, with a focus on software sales and a tiered commission structure starting from March 2025."
1. Parties: Identifies and defines the contracting parties
2. Background: Provides context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Scope: Defines the nature of appointment and scope of services
5. Term and Termination: Specifies duration and termination conditions
6. Compensation: Details commission structure and payment terms
7. Independent Contractor Status: Clearly establishes independent contractor relationship
8. Obligations and Responsibilities: Lists duties of both parties
9. Confidentiality: Protects confidential information
10. Governing Law: Specifies applicable law and jurisdiction
1. Non-Compete: Restricts competitive activities when protecting market share in specific territories
2. Training and Support: Details training provided when company offers specific training programs
3. Insurance: Specifies required insurance coverage when risk management is crucial
4. Intellectual Property: Addresses IP rights and usage when IP is significant to the relationship
1. Commission Structure Schedule: Detailed breakdown of commission calculations and payment terms
2. Territory Map Schedule: Defines geographical coverage area and boundaries
3. Product List Schedule: Lists authorized products/services for sale
4. Sales Targets Schedule: Defines performance metrics and goals
5. Reporting Templates Schedule: Standard forms for sales reporting and documentation
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