The Independent Sales Representative Agreement is essential for businesses in Singapore seeking to expand their sales reach without creating direct employment relationships. This document defines the framework for engaging independent sales professionals, covering crucial aspects such as commission structures, territorial rights, performance expectations, and compliance with Singapore's regulatory requirements. It's particularly valuable for companies looking to maintain flexibility in their sales force while clearly establishing independent contractor relationships.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and scope of services
5. Territory: Geographical area where representative can operate
6. Commission Structure: Payment terms, rates, and calculation methods
7. Independent Contractor Status: Clear statement of relationship nature
8. Term and Termination: Duration and termination provisions
9. Confidentiality: Protection of confidential information
10. Governing Law: Applicable law and jurisdiction
1. Performance Targets: Specific sales targets and metrics - include when specific performance benchmarks are required
2. Training: Training requirements and provisions - include when product-specific training is needed
3. Marketing Materials: Use and distribution of marketing materials - include when representative will handle marketing materials
4. Insurance: Insurance requirements and coverage - include when specific insurance coverage is needed
1. Commission Schedule: Detailed breakdown of commission rates and calculations
2. Territory Map: Detailed description or map of assigned territory
3. Product List: List of products/services to be sold
4. Performance Metrics: Detailed performance criteria and evaluation methods
5. Reporting Templates: Standard forms for sales reporting
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