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Independent Agent Contract
"I need an Independent Agent Contract for appointing a sales representative in Singapore to sell our software products, with a 5% commission structure and exclusive rights in the Asia-Pacific region, starting from March 2025."
1. Parties: Identification of principal and agent with full legal names and addresses
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 services
5. Compensation: Payment terms, commission structure, and expenses
6. Term and Termination: Duration and conditions for ending the agreement
7. Independent Contractor Status: Clear statement of independence and non-employment relationship
8. Confidentiality: Protection of confidential information
1. Non-Compete: Restrictions on competitive activities - use when protecting market position is crucial
2. Territory Rights: Geographical limitations of agent authority - use when agent operates in specific regions
3. Insurance Requirements: Required insurance coverage - use when services involve significant risks
4. Performance Metrics: Specific KPIs and targets - use when measuring performance is crucial
1. Schedule 1 - Services Description: Detailed scope of services to be provided
2. Schedule 2 - Commission Structure: Detailed breakdown of commission calculations
3. Schedule 3 - Territory Map: Geographic boundaries of agent's territory
4. Appendix A - Reporting Requirements: Format and frequency of required reports
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