The Broker Fee Agreement is a crucial document used in Belgian business transactions where intermediary services are required for facilitating deals, transactions, or business relationships. This agreement type is specifically designed to comply with Belgian commercial law and relevant EU regulations, making it suitable for both domestic and cross-border transactions. The document establishes clear parameters for broker compensation, defines the scope of authorized activities, and sets out the rights and obligations of all parties involved. It includes essential provisions required by Belgian law regarding fee transparency, payment terms, and regulatory compliance, while also addressing practical aspects of the broker-principal relationship. The agreement is particularly important in regulated sectors where clear documentation of intermediary arrangements is mandatory, and it helps prevent future disputes by clearly documenting the terms of the broker's engagement and compensation structure.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the principal and the broker, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Fee', 'Transaction', and other relevant terminology
4. Appointment and Scope: Formal appointment of the broker and detailed description of the services to be provided
5. Broker's Obligations: Detailed responsibilities of the broker, including service standards and compliance requirements
6. Principal's Obligations: Responsibilities of the principal, including provision of information and cooperation
7. Fee Structure: Detailed breakdown of broker fees, calculation methods, and payment terms
8. Payment Terms: Timing of payments, invoicing procedures, and handling of expenses
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. Data Protection: Compliance with GDPR and Belgian data protection laws
12. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes
1. Exclusivity: Terms regarding exclusive rights of the broker, used when the broker has exclusive rights in specific territories or for specific services
2. Performance Targets: Specific performance metrics and consequences, included when the agreement includes performance-based compensation
3. Professional Insurance: Requirements for professional indemnity insurance, typically included for high-value or regulated services
4. Anti-Money Laundering Compliance: Specific AML obligations, required when dealing with financial services or real estate
5. Force Majeure: Provisions for unforeseen circumstances, optional but recommended for long-term agreements
6. Non-Solicitation: Restrictions on soliciting clients or employees, used in competitive markets
7. Training and Support: Details of any training or support provided by the principal, included when relevant to the service delivery
1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, commission rates, and calculation methods
2. Schedule 2 - Service Description: Detailed specification of services to be provided by the broker
3. Schedule 3 - Territories: Definition of geographical areas covered by the agreement
4. Schedule 4 - Reporting Requirements: Templates and timing for required reports and documentation
5. Appendix A - Compliance Procedures: Detailed compliance requirements and procedures
6. Appendix B - Contact Details: Key contact information for both parties
7. Appendix C - Required Documentation: List of documents required for regulatory compliance
Find the exact document you need
Commission Fee Agreement
A Belgian law-governed agreement establishing commission payment terms and conditions between a principal company and its commission agent or representative.
Download
Success Fee Contract
Belgian-law governed agreement establishing performance-based compensation terms where payment is contingent on achieving specified outcomes.
Download
Master Fee Agreement
A Belgian law-governed framework agreement establishing terms and conditions for ongoing fee-based services, including payment terms and service delivery requirements.
Download
Success Fee Agreement
A Belgian law-governed agreement establishing performance-based compensation terms between a service provider and client, detailing success criteria and fee arrangements.
Download
Royalty Fee Agreement
Belgian law agreement governing royalty payments for intellectual property rights use, including calculation methods and payment terms.
Download
Management Fee Agreement
A Belgian law-governed agreement establishing terms for management services provision, including scope, fees, and regulatory compliance requirements.
Download
Broker Fee Agreement
A Belgian law-governed agreement establishing broker services terms, compensation structure, and mutual obligations between principal and broker.
Download
Retainer Fee Agreement
Belgian law-governed agreement establishing terms for ongoing professional services with regular retainer fee arrangements.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it