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Seller agency agreement

Signed once by the seller before Smelted lists any of their data, appointing Smelted to run the licensing process. It covers all their listings.

Draft placeholder for counsel. This outline lists what the agreement will cover. It isn’t the agreement and binds no one. The final text comes from Smelted’s lawyer.

1. Appointment

  • [Counsel: Smelted acts as the seller’s agent for licensing the listed data; scope, territory and whether the appointment is exclusive for a period.]

2. Listings under this agreement

  • [Counsel: one agreement covers every listing for this seller. Each listing is added when the seller approves its text and commission in writing (an email is enough); that approval is the listing’s schedule.]

3. Anonymized listing

  • [Counsel: Smelted lists the data without the seller’s name; the seller’s identity is shared only with buyers Smelted has vetted and introduced, under an NDA with the seller.]
  • [Counsel: no personal data in any listing or sample.]

4. Seller approval

  • [Counsel: the seller approves each buyer it negotiates with; accepting to negotiate is not acceptance of a license.]

5. Commission

  • [Counsel: Smelted’s commission is a percentage of each license fee, between 10% and 30%, set per listing in the schedule the seller approves. A change needs the seller’s approval again.]
  • [Counsel: how the fee is collected and paid out. Do not state a payment timeline unless counsel and finance have agreed one.]

6. Fee protection

  • [Counsel: Smelted’s commission is owed on any license between the seller and a buyer Smelted introduced, signed while this agreement runs or within [12–24] months after it ends, whether or not Smelted is still involved.]

7. Seller representations

  • [Counsel: authority to license, ownership of the data, compliance with privacy law (GDPR, LGPD, DPDP and others as relevant), and any customer contract limits.]

8. Term and termination

  • [Counsel: term, withdrawal of a listing, and what survives for licenses already signed.]

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