Free Broker Partnership Agreement Outline Template
Broker Partnership Agreement Outline
I. Introduction
This Broker Partnership Agreement (hereinafter referred to as the "Agreement") is made and entered into on [DATE] by and between [YOUR COMPANY NAME] (hereinafter referred to as the "Company") and [BROKER NAME] (hereinafter referred to as the "Broker").
The purpose of this Agreement is to establish the terms and conditions under which the Broker will collaborate with the Company to facilitate business transactions and opportunities.
II. Scope of Agreement
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Services Provided:
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The Broker agrees to perform the following services: [LIST SERVICES IN DETAIL].
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Territory:
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This Agreement applies to the following geographic region(s): [DEFINE TERRITORY].
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Exclusivity:
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[STATE WHETHER THE AGREEMENT IS EXCLUSIVE OR NON-EXCLUSIVE].
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III. Roles and Responsibilities
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Broker Responsibilities:
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Identify potential clients and business opportunities.
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Provide regular updates and reports to the Company.
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Ensure compliance with all applicable laws and regulations.
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Company Responsibilities:
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Provide the Broker with necessary resources and support.
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Ensure timely payment of agreed-upon fees and commissions.
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Maintain open communication regarding leads and transactions.
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IV. Compensation and Payment Terms
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Commission Structure:
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The Broker will receive a commission of [PERCENTAGE OR FLAT AMOUNT] for each completed transaction.
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Payment Schedule:
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Payments will be made [SPECIFY PAYMENT TERMS, E.G., MONTHLY, UPON COMPLETION OF TRANSACTION, ETC.].
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Expenses:
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[STATE WHETHER THE COMPANY WILL REIMBURSE BROKER FOR CERTAIN EXPENSES AND THE CONDITIONS FOR REIMBURSEMENT].
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V. Confidentiality and Non-Disclosure
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Confidential Information:
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The Broker agrees to maintain the confidentiality of all proprietary and sensitive information provided by the Company.
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Non-Disclosure Clause:
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The Broker will not disclose any confidential information to third parties without prior written consent from the Company.
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VI. Term and Termination
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Effective Date:
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This Agreement will commence on [START DATE] and will remain in effect until [END DATE OR UNTIL TERMINATED BY EITHER PARTY].
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Termination Conditions:
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Either party may terminate this Agreement with [NUMBER] days' written notice.
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Termination for cause will require [SPECIFY CONDITIONS, IF ANY].
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VII. Dispute Resolution
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Governing Law:
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This Agreement will be governed by the laws of [STATE/COUNTRY].
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Arbitration:
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Any disputes arising from this Agreement will be resolved through arbitration in [LOCATION].
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VIII. General Provisions
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Amendments:
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Any amendments to this Agreement must be made in writing and signed by both parties.
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Entire Agreement:
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This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements.
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Assignment:
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The Broker may not assign this Agreement or delegate its duties without prior written consent from the Company.
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Severability:
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If any provision of this Agreement is found to be unenforceable, the remaining provisions will remain in effect.
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IX. Signatures
By signing below, both parties agree to the terms and conditions set forth in this Agreement.
[YOUR COMPANY NAME]
Signature: ______________________________
Name: [YOUR NAME]
Title: [TITLE]
Date: [DATE]
[BROKER COMPANY NAME]
Signature: ______________________________
Name: [BROKER NAME]
Title: [TITLE]
Date: [DATE]