Commission and confidentiality agreement

Under this commission and confidentiality agreement, one party may be obligated to pay commission to the other party in some defined circumstances, for example upon the introduction of a new customer to the second party. In addition, the agreement includes detailed confidentiality provision.

The commission clauses are identical to those in our standard commission agreement. When a defined "trigger event" occurs, a payment obligation arises, which is calculated using a "base amount" to which some specified percentage is applied. Clauses covering audit rights and late payments supplement the core commission clauses.

The confidentiality provisions cover all the basics: non-disclosure of information; exceptions to the non-disclosure rules; public information; disclosures mandated by law; and confidentiality obligations following termination. The confidentiality obligations may be mutual, unilateral or omitted entirely.

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Commission and confidentiality agreement contents

Definitions: definitions.
Term: commencement of term; end of term.
Commission: obligation to pay commission upon trigger event; notification of trigger event; issue of invoice for commission; consequences of failure to notify trigger event.
Interest: interest on late payments.
Audit: right of audit in case of disputed payment; costs of audit; limits on audit right.
First Party
confidentiality obligations:
First Party
confidentiality undertaking; disclosure of confidential information by
First Party
to certain persons; exceptions to
First Party
confidentiality obligations; disclosures of
Second Party
confidential information mandated by law etc;
First Party
to stop using confidential information upon termination;
First Party
to delete confidential information following termination;
First Party
confidentiality obligations after termination.
First Party
publicity obligations: no public disclosures by
First Party
; permitted public disclosures by
First Party
.
Second Party
confidentiality obligations:
Second Party
confidentiality undertaking; disclosure of confidential information by
Second Party
to certain persons; exceptions to
Second Party
confidentiality obligations; disclosures of
First Party
confidential information mandated by law etc;
Second Party
to stop using confidential information upon termination;
Second Party
to delete confidential information following termination;
Second Party
confidentiality obligations after termination.
Second Party
publicity obligations: no public disclosures by
Second Party
; permitted public disclosures by
Second Party
.
Intellectual property rights: no assignment of intellectual property rights; no licence or limited licence to use
First Party
confidential information; no licence or limited licence to use
Second Party
confidential information.
Warranties: first party warranty of authority; second party warranty of authority; exclusion of implied warranties and representations.
Termination: termination by either party at will.
Effects of termination: surviving provisions upon termination; termination does not affect accrued rights.
Notices: methods and deemed receipt of contractual notices; contact details for contractual notices; substitute contact details for notices.
General: no waiver; severability; variation written and signed; no assignment without written consent; no third party rights; caveats to limits of liability; entire agreement; governing law; exclusive jurisdiction.
Interpretation: statutory references; section headings not affecting interpretation; calendar month meaning; no ejusdem generis.

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Version	2.2
First published	1 Sep 2016
Last updated	19 Jan 2023
Law	English law and EU law
Language	English (UK)
^†Word count	4,292
^†Template pages	10

† These figures are approximations.

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Commission agreements

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Sub-licences permitted	None	1	5	25
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Commission and confidentiality agreement

Under this commission and confidentiality agreement, one party may be obligated to pay commission to the other party in some defined circumstances, for example upon the introduction of a new customer to the second party. In addition, the agreement includes detailed confidentiality provision.

Commission and confidentiality agreement contents

Commission agreements

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