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Sales Agent Contract Agreement
"I need a Sales Agent Contract Agreement for appointing an exclusive sales representative in Singapore to sell our software products, with a minimum sales target of $500,000 annually and a graduated commission structure starting from March 2025."
1. Parties: Identification of Principal and Agent, including full legal names and registered addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of agent appointment and scope of authority
5. Territory and Products: Defined geographical area and products/services covered
6. Commission Structure: Detailed commission calculations and payment terms
7. Duties and Obligations: Responsibilities of both agent and principal
8. Term and Termination: Duration of agreement and termination provisions
9. Confidentiality: Protection of confidential information
10. Governing Law: Specification of Singapore law as governing law
1. Exclusivity: Terms of exclusive rights in territory and conditions for maintaining exclusivity
2. Minimum Performance Requirements: Sales targets, performance metrics and consequences of not meeting requirements
3. Training and Support: Principal's obligations for agent training and ongoing support services
4. Insurance: Required insurance coverage and minimum policy requirements
5. Intellectual Property: IP rights, usage restrictions and protection measures
1. Schedule 1 - Products/Services: Detailed list of products or services covered under the agreement
2. Schedule 2 - Commission Structure: Detailed commission rates, calculation methods and payment terms
3. Schedule 3 - Territory Map: Geographical boundaries of territory with detailed descriptions
4. Schedule 4 - Performance Metrics: Detailed performance requirements, KPIs and measurement methods
5. Schedule 5 - Reporting Templates: Standard forms and templates for regular reporting requirements
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