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CommissionContractAgreement
ThisCommissionContractAgreement(the"Agreement")ismadeandenteredintoasof[EffectiveDate],byandbetween[FullLegalNameofPrincipalParty],acorporationdulyorganizedandexistingunderthelawsof[Jurisdiction]withitsregisteredaddressat[RegisteredAddress](hereinafterreferredtoasthe"Principal"),and[FullLegalNameofAgentParty],anindividualorentitywithitsprincipalplaceofbusinessat[AgentAddress](hereinafterreferredtoasthe"Agent").
1.AppointmentandAuthorization
ThePrincipalherebyappointstheAgentasits[exclusive/non-exclusive]agentforthepromotionandsaleof[Products/Services](hereinafterreferredtoasthe"Products")withinthegeographicalterritorydefinedas[Territory](e.g.,"theEuropeanUnion,excludingtheUnitedKingdom"or"thestateofCalifornia,USA").TheAgentacceptssuchappointmentandagreestouseitsbesteffortstomarket,solicitordersfor,andfacilitatethesaleoftheProductsintheTerritoryduringthetermofthisAgreement.TheAgentshallnotactoutsidethescopeofthisauthorizationwithoutthePrincipal’spriorwrittenconsent,includingbutnotlimitedtoenteringintocontractsonbehalfofthePrincipalormodifyingproductpricing,terms,orwarranties.
2.Agent’sObligations
2.1SalesandMarketingEfforts:TheAgentshalldevotesufficienttime,resources,andprofessionaldiligencetopromotetheProductsintheTerritory.Thisincludesparticipatinginrelevanttradeshows,maintainingregularcontactwithpotentialcustomers,providingproductdemonstrations,andsubmittingmonthlysalesreportstothePrincipaldetailingcustomerinquiries,leadsgenerated,andsalesactivities.
2.2CompliancewithLawsandStandards:TheAgentshallcomplywithallapplicablelaws,regulations,andindustrystandardsintheTerritory,includingthoserelatedtoadvertising,consumerprotection,anddataprivacy.TheAgentshallnotmakefalseormisleadingrepresentationsabouttheProducts,theirquality,orthePrincipal’sservices.
2.3Confidentiality:TheAgentacknowledgesthatitwillhaveaccesstothePrincipal’sconfidentialinformation,includingcustomerlists,pricingstrategies,productspecifications,andtradesecrets.TheAgentagreestomaintaintheconfidentialityofsuchinformationduringandafterthetermofthisAgreementandshallnotdiscloseittoanythirdpartywithoutthePrincipal’swrittenpermission.
2.4CustomerRelations:TheAgentshallactingoodfaithtomaintainpositiverelationshipswithcustomers,addresstheirinquiries,andassistinresolvingpost-salesissues.TheAgentshallpromptlynotifythePrincipalofanycustomercomplaintsordisputesthatmayaffectsalesorthePrincipal’sreputation.
3.CommissionStructureandCalculation
3.1CommissionRate:ThePrincipalagreestopaytheAgentacommissionequalto[X]%oftheNetSalesgeneratedfromtheTerritory."NetSales"shallbedefinedasthetotalinvoiceamountofProductssold,excludingtaxes,shippingcharges,discounts,returns,allowances,oranyotherdeductionsagreeduponbythePrincipalandthecustomer.
3.2SpecialArrangements:Forlarge-volumeordersexceeding[ThresholdAmount]orsalesofnewproductlinesintroducedduringtheAgreementterm,thepartiesmayagreetoamodifiedcommissionrateof[Y]%,whichshallbeconfirmedinwritingandattachedasanaddendumtothisAgreement.
3.3SalesConfirmation:Asaleshallbeconsideredcomplete,andcommissionshallbecomepayable,when(a)thecustomerhasfullypaidtheinvoiceamounttothePrincipal,(b)theProductshavebeendeliveredandacceptedbythecustomerwithoutdefects,and(c)nodisputesorreturnshavebeenraisedwithintheagreedwarrantyperiod(typically30daysfromdelivery).
4.PaymentTerms
4.1CommissionCalculationandReporting:ThePrincipalshallcalculatecommissionsmonthlyandprovidetheAgentwithadetailedcommissionstatementbythe[5th]dayofeachcalendarmonth,coveringsalesmadeinthepreviousmonth.Thestatementshallincludethecustomername,invoicenumber,saledate,grosssalesamount,deductions,andnetcommissionpayable.
4.2PaymentDeadline:ThePrincipalshallremitthecommissionamounttotheAgentwithin[15]daysofthecommissionstatement’sissuance.PaymentsshallbemadeviabanktransfertotheAgent’sdesignatedbankaccount:[BankName],[AccountNumber],[SWIFTCode].
4.3DisputesandAdjustments:TheAgentmaydisputeanycommissionstatementwithin[10]daysofreceiptbyprovidingwrittennoticetothePrincipal,specifyingthebasisforthedispute.Thepartiesshallresolvesuchdisputesingoodfaithwithin[15]days;ifunresolved,themattershallbereferredtomediationbeforeescalatingtolegalaction.
5.TermandTermination
5.1Term:ThisAgreementshallcommenceontheEffectiveDateandcontinueforaperiodof[2]years(the"InitialTerm").Itshallautomaticallyrenewforsuccessive[1]-yeartermsunlesseitherpartyprovideswrittennoticeofnon-renewalatleast[90]daysbeforetheendofthecurrentterm.
5.2TerminationforCause:EitherpartymayterminatethisAgreementimmediatelyuponwrittennoticeiftheotherparty:
BreachesanymaterialtermofthisAgreement(e.g.,failuretopaycommissions,violationofconfidentiality,orfailuretomeetsalesobligations)andfailstocuresuchbreachwithin[30]daysofwrittennotice;
Becomesinsolvent,filesforbankruptcy,ormakesanassignmentforthebenefitofcreditors;
EngagesinfraudulentorillegalactivitiesrelatedtotheperformanceofthisAgreement.
5.3EffectofTermination:Upontermination,theAgentshallimmediatelyceaseallsalesactivitiesonbehalfofthePrincipalandreturnallconfidentialinformation,marketingmaterials,andsamples.ThePrincipalshallpayallcommissionsearnedbutunpaiduptotheterminationdatewithin[30]days.TheAgentshallnotbeentitledtocommissionsforsalesmadeaftertermination,exceptforordersreceivedpriortoterminationthatarefulfilledwithin[60]days.
6.IntellectualProperty
6.1Alltrademarks,copyrights,patents,andotherintellectualpropertyrightsrelatedtotheProductsshallremaintheexclusivepropertyofthePrincipal.TheAgentisgrantedalimited,non-transferablelicensetousethePrincipal’strademarkssolelyforthepurposeofpromotingtheProductsintheTerritoryduringtheAgreementterm.
6.2TheAgentshallnotregisterorattempttoregisteranytrademarks,domainnames,orbusinessnamesconfusinglysimilartothoseofthePrincipal.Upontermination,theAgentshallimmediatelydiscontinuealluseofthePrincipal’sintellectualproperty.
7.Indemnification
7.1Principal’sIndemnification:ThePrincipalshallindemnifyandholdtheAgentharmlessagainstanyclaims,losses,ordamagesarisingfromdefectsintheProducts,breachofwarranty,orthePrincipal’snegligence.
7.2Agent’sIndemnification:TheAgentshallindemnifyandholdthePrincipalharmlessagainstanyclaims,losses,ordamagesresultingfromtheAgent’sbreachofthisAgreement,includingbutnotlimitedtonon-compliancewithlaws,unauthorizedrepresentations,ordisclosureofconfidentialinformation.
8.GoverningLawandDisputeResolution
8.1GoverningLaw:ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[Jurisdiction],withoutregardtoitsconflictoflawprinciples.
8.2DisputeResolution:AnydisputearisingoutoforinconnectionwiththisAgreementshallfirstberesolvedthroughamicablenegotiationsbetweentheparties.Ifnegotiationsfailwithin[30]days,thedisputeshallbesubmittedtoarbitrationin[City,Country]undertherulesofthe[ArbitrationInstitution,e.g.,ICCorAAA].Thearbitralawardshallbefinalandbindingonbothparties.
9.MiscellaneousProvisions
9.1ForceMajeure:Neitherpartyshallbeliableforfailuretoperformduetocircumstancesbeyonditsreasonablecontrol,suchasnaturaldisasters,wars,orgovernmentrestricti
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