§ 1 AMOUNT OF COMMISSION (ARTICLE 15.1)

1.1 Simple commission

Amount of commission is .................. %

1.2 Different levels of commission according to the value of the sales contract5

If this subparagraph 1.2 is filled in, it will apply in lieu of paragraph 1.1.

§ 2 SPECIAL CUSTOMERS/REDUCED COMMISSION (ARTICLE 15.3)

On all sales to the following customers the Agent is entitled to the following reduced commission:

§ 3 NEGOTIATION MARGINS AND DISCOUNTS (ARTICLE 15.3)

3.1 Negotiation margins

The Agent has a negotiation margin of ............... % on the prices set out in the price-list in force.

Therefore, the Agent may propose to customers any discount within such margins without reduction to its rate of commission.

3.2 Authorised discount

The Agent is entitled to propose to customers the following discounts, which entail a reduction in its commission, in accordance with the schedule hereunder:

3.3 Discount to be agreed upon

The Agent undertakes not to propose to the customers any discount higher that the maximum discount shown in the schedule set out in § 3.2 above, without prior written authority from the Principal.

5
If a contract lasts more than one year, parties should agree if they wish to consider the agreement for the following year as a separate agreement. Parties should also clearly define the criteria for considering a group of supplies (e.g. machines and equipment for the same project) as one sales contract or as separate contracts.