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Commission Employment Contract
I need a Commission Employment Contract for a senior sales representative in the software industry, with a 70-30 commission-to-base-salary split, covering the Nordic region, starting March 1, 2025, with a 6-month probationary period and standard non-compete provisions.
1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Brief context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including specific commission-related terminology
4. Position and Duties: Job title, role description, responsibilities, and reporting lines
5. Commencement and Duration: Start date and type of employment (fixed-term or permanent)
6. Commission Structure: Detailed explanation of commission calculation, base salary (if any), and payment terms
7. Working Hours: Standard working hours, flexibility requirements, and overtime provisions
8. Place of Work: Primary workplace location and any mobility requirements
9. Holiday Entitlement: Annual leave entitlement and holiday pay calculations as per Danish Holiday Act
10. Sickness and Absence: Procedures for reporting absence and sick pay entitlements
11. Confidentiality: Obligations regarding company and client confidential information
12. Data Protection: Handling of personal data in compliance with GDPR and Danish law
13. Notice Period: Notice requirements for termination by either party
14. Post-Termination Restrictions: Non-compete and non-solicitation provisions if applicable
15. Governing Law: Specification of Danish law as governing law and jurisdiction
1. Probationary Period: Include when a trial period is desired at the start of employment
2. Company Car/Equipment: Include when providing company vehicles or significant equipment
3. Pension Scheme: Include when offering pension benefits beyond mandatory requirements
4. Insurance Benefits: Include when providing additional insurance coverage
5. Training and Development: Include when specific training requirements or development programs are part of the role
6. International Travel: Include when role requires significant international travel
7. Bonus Scheme: Include when additional bonus structures exist beyond commission
8. Intellectual Property: Include when employee may create IP during employment
9. Garden Leave: Include for senior roles where garden leave might be required
1. Commission Calculation Methods: Detailed formulas and examples of commission calculations
2. Sales Territories: Definition of geographical or client territories if applicable
3. Target Setting: Specific sales targets and their measurement periods
4. Benefits Package: Detailed description of all benefits and eligibility criteria
5. Company Policies: Reference to relevant company policies affecting the role
6. Expense Policy: Guidelines for business expense claims and reimbursement
7. Product List: List of products/services and associated commission rates if applicable
8. KPIs: Key Performance Indicators and measurement criteria
Authors
Retail
Real Estate
Financial Services
Insurance
Telecommunications
Software and Technology
Automotive
Manufacturing
Pharmaceutical
Professional Services
Media and Advertising
Travel and Tourism
Sales
Business Development
Commercial
Account Management
Revenue
Business Solutions
Channel Partners
Direct Sales
Inside Sales
Field Sales
Retail Operations
Financial Advisory
Customer Success
Marketing
Sales Representative
Business Development Manager
Account Executive
Real Estate Agent
Insurance Agent
Sales Manager
Commercial Director
Financial Advisor
Sales Consultant
Business Development Executive
Regional Sales Manager
Territory Manager
Commission-based Consultant
Investment Advisor
Recruitment Consultant
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