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Salesperson Contract Commission Only
"I need a Salesperson Contract Commission Only for our real estate firm in Ontario, focusing on luxury properties, with a 6% commission structure and strict non-compete clauses for a minimum term of 2 years starting January 2025."
1. Parties: Identifies the company and the salesperson, including full legal names and addresses
2. Background: Explains the context of the agreement and the company's desire to engage the salesperson on a commission-only basis
3. Definitions: Defines key terms used throughout the agreement including 'Commission', 'Territory', 'Products', 'Customers', and 'Gross Sales'
4. Appointment and Status: Establishes the salesperson's appointment and confirms independent contractor status
5. Territory and Products: Defines the geographic area and products/services the salesperson is authorized to sell
6. Commission Structure: Details the commission rates, calculation methods, and payment terms
7. Performance Expectations: Outlines sales targets, reporting requirements, and minimum performance standards
8. Independent Contractor Obligations: Specifies responsibilities for expenses, insurance, and tax obligations
9. Company Support: Describes any training, materials, or support provided by the company
10. Confidentiality: Protects company's confidential information and trade secrets
11. Term and Termination: Specifies contract duration and conditions for termination
12. General Provisions: Includes standard legal clauses such as governing law, notices, and entire agreement
1. Non-Compete: Restricts salesperson from working with competitors, used when there's significant market sensitivity
2. Non-Solicitation: Prevents poaching of customers or other salespeople, important for high-value customer relationships
3. Intellectual Property: Protects company IP, necessary when salesperson might develop or use proprietary materials
4. Marketing Guidelines: Specifies rules for company brand usage, needed when salesperson conducts independent marketing
5. Expense Reimbursement: Details any exceptional expenses the company might cover, used when certain expenses are shared
6. Sales Team Collaboration: Rules for working with other salespeople, needed in shared territories or team selling situations
7. Customer Service Standards: Detailed customer service requirements, important for high-touch sales processes
1. Schedule A - Commission Rates: Detailed breakdown of commission rates for different products/services
2. Schedule B - Territory Definition: Detailed description or map of assigned sales territory
3. Schedule C - Product List: Comprehensive list of authorized products/services for sale
4. Schedule D - Sales Targets: Specific performance metrics and quota requirements
5. Schedule E - Reporting Templates: Required formats for sales reports and documentation
6. Appendix 1 - Expense Policy: Guidelines for any reimbursable expenses
7. Appendix 2 - Sales Processes: Required procedures for sales documentation and customer interaction
Authors
Real Estate
Insurance
Automotive
Financial Services
Retail
Technology
Telecommunications
Manufacturing
Industrial Equipment
Construction Materials
Medical Devices
Pharmaceuticals
Direct Sales
Advertising
Sales
Human Resources
Legal
Compliance
Finance
Operations
Recruitment
Business Development
Contract Administration
Sales Director
Sales Manager
HR Manager
Legal Counsel
Compliance Officer
Independent Sales Representative
Commission-Only Salesperson
Business Development Manager
Territory Sales Manager
Regional Sales Director
Contract Administrator
Recruitment Manager
Sales Operations Manager
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