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Sales Agent Agreement
"I need a Sales Agent Agreement for appointing an exclusive agent to sell our software products in Singapore and Malaysia, with a minimum sales target of $500,000 per quarter and a tiered commission structure starting from March 2025."
1. Parties: Identification and details of the Principal and Sales Agent
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of agent appointment and scope of authority
5. Territory: Geographical area where agent is authorized to operate
6. Commission Structure: Payment terms and calculation of commission
7. Obligations of the Agent: Agent's duties and responsibilities
8. Obligations of the Principal: Principal's duties and responsibilities
9. Term and Termination: Duration and termination provisions
10. Governing Law: Specification of Singapore law as governing law
1. Exclusivity: Provisions granting exclusive rights to the agent in specified territory or for specified products
2. Performance Targets: Specific sales targets or KPIs that the agent must achieve
3. Training and Support: Details of training and support to be provided by the principal to the agent
4. Insurance: Requirements for insurance coverage to be maintained by the agent
1. Commission Schedule: Detailed breakdown of commission rates and calculations
2. Territory Schedule: Detailed description of geographical territory and any restrictions
3. Product Schedule: List of products/services the agent is authorized to sell
4. Performance Metrics Schedule: Detailed KPIs and measurement criteria for agent performance
5. Reporting Templates: Standard forms and templates for regular reporting requirements
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