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BLACK = Old Item/Clause | RED = New Item/Clause | BLUE = Comments About Change (Not Part of Form) | STRIKEOUT = Wording Deleted
31 Jan 2006 v1.5
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Item 8
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(a)
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The Agent shall be entitled to commission (calculated as a percentage from the maximum GST exclusive purchase price in Item (7)) of:
Percentage: ______ % + GST = $___________ (including GST),
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OR
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(b)
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A Fixed Fee:
Amount: $______ + GST = $___________ (Including GST),
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OR
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(c)
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Refer attached schedule:
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Clause 4.5
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Should an enforceable contract be entered into but not completed due to any act or omission of the Principal the Principal agrees the Commission is payable to the Agent forthwith.
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Clause 8
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8.1
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In this Schedule the following terms mean:
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(1)
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Administration Fee: The non refundable amount stated in Item (9) of the Item Schedule payable by the Principal.
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(2)
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GST: where used in this Agreement, has the meaning used in A New Tax System (Goods & Services Tax) Act 1999 and GST includes any applicable rulings issued by the Commissioner of Taxation.
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(3)
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Termination Fee: an amount, as stated in Item (9) of the Item Schedule, payable to the Agent by the Principal where the Principal terminates this Agreement prior to an enforceable contract being entered into by the Principal.
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8.2
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Other words and phrases not defined in this Agreement take on those meanings given to them in the Act.
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06 Jan 2006 v1.4
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Clause 2
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In consideration of and in accordance with the terms of this Agreement, the Principal appoints the Agent and its permitted Assigns and the Agent agrees to sell the Property for the Principal. Authority vested in the Agent by this appointment shall be deemed to be vested in the Agents authorised employees.
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Clause 7
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By signing this Agreement all parties agree to having given prior approval, in accordance with the Electronic Transactions Act 2000 No. 8, for electronic transmission of this Agreement and any other related agreements, for signing purposes or otherwise, as far as such means of communication have been indicated in this document (ie. Facsimile numbers & email addresses).
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17 Mar 2005 v1.3
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Clause 5
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The Agent collects and uses personal information obtained from you as Principal to provide the services required by you or on your behalf. You as Principal agree the Agent may collect, use and disclose such personal information in accordance with and subject to the Privacy Act 1988 (CTH) to third parties for (where applicable) marketing, and sales promotion and administration and as required for legislative and regulatory requirements and relating to promotion administration and use of the Agents products and services. Without provision of certain information the Agent may not be able to act effectively or at all on the Principal's behalf. The Principal has the right to request the Agent provide details of such information and also correct any inaccurate or out of date information.
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