Percentage Agreement Contract

Percentage Agreement Contract Template for England and Wales

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Percentage Agreement Contract

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Percentage Agreement Contract for a sales commission arrangement with our new distributor in Wales, where they will receive 15% of net sales revenue, with quarterly payments starting from March 2025."

Document background

The Percentage Agreement Contract is designed for situations where compensation or payment is calculated as a percentage of revenue, sales, or other measurable metrics. This contract type is commonly used in England and Wales for commission-based arrangements, revenue sharing agreements, and performance-based compensation structures. It provides legal certainty by clearly defining the basis for calculations, payment terms, and parties' rights and obligations. The agreement is particularly valuable in commercial relationships where variable compensation needs to be formally documented and enforced.

Suggested Sections

1. Parties: Identification and details of all contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Percentage Calculation: Formula and methodology for calculating percentages, including basis of calculation and any exclusions

5. Payment Terms: Timing, frequency and method of payments, including interest provisions and payment verification

6. Duration: Term of the agreement and renewal provisions

7. Representations and Warranties: Standard representations and specific warranties related to the percentage calculations

8. Termination: Circumstances and process for ending the agreement, including consequences of termination

9. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement

Optional Sections

1. Minimum Guarantees: Minimum payment provisions to ensure baseline income regardless of percentage calculations

2. Audit Rights: Rights to verify calculations, inspect records and conduct audits

3. Territory Restrictions: Geographical limitations and territorial scope of the agreement

4. Non-Compete: Restrictions on competing activities during and after the agreement

5. Force Majeure: Provisions for handling events beyond parties' control affecting percentage calculations

Suggested Schedules

1. Calculation Schedule: Detailed breakdown of percentage calculations with worked examples

2. Payment Schedule: Timeline and specifics of payment arrangements including payment dates

3. Reporting Template: Standard format for regular reporting of calculations and supporting documentation

4. Excluded Items: List of items or transactions excluded from percentage calculations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Retail
Entertainment
Financial Services

Relevant Teams

Sales
Finance
Legal
Business Development
Commercial
Operations

Relevant Roles

Sales Director
Commercial Manager
Business Development Manager
Finance Director
Legal Counsel
Contract Manager

tiktok���˰�

How tiktok���˰� reduced drafting time by 75% for a legal firm

Let's create your Percentage Agreement Contract

Authors

Alex Denne

Find the exact document you need

Work Contracts For Independent Contractors

Subcontractor Agreement Payment Terms

Startup Contractor Agreement

Standard General Contractor Agreement

Standard Form Of Contract For Maintenance And Renovation Works

Standard Builders Contract

Spa Independent Contractor Agreement

Sound And Light Contracting Agreement

Snow Removal Service Contract

Short Contractor Agreement

Simple Engineering Contract

Simple Contractor Contract

Short Form Subcontractor Agreement

Simple Handyman Contract

Self Employed Cleaner Contract

Salon Contract For Employees

Sales Subcontractor Agreement

Real Estate Construction Contract

Prime Contractor Agreement

Preferred Contractor Agreement

Percentage Agreement Contract

Painting Subcontractor Contract

Part Time Contractor Agreement

Non Profit Contractor Agreement

Mining Contractor Agreement

Masonry Contract Agreement

Janitorial Subcontractor Agreement

IT Contractor Contract

Independent Sales Contract

Independent Contractor Separation Agreement

Housekeeping Services Agreement Contract

House Framing Contract

House Flipping Contractor Agreement

Home Remodel Contract

General Contract For Services Agreement

General Contract Agreement Between Two Parties

Framing Contractor Contract

Framework Agreement Contract

Fence Contract Agreement

Farm Labor Contractor Agreement

Electrician Service Contract

Construction Warranty Agreement

Construction Service Contract

Construction Contract Agreement Form

Contract For Cleaning Services Agreement

Contract Between Owner And Contractor

Contract Between Owner And Architect

Contract Agreement For Interior Works

Contractor Sales Commission Agreement

Contractor Retainer Agreement

Contractor NDA Agreement

Contractor Deposit Agreement Form

Contractor Carrier Lease Agreement

Civil Construction Contract Agreement

Carpenter Contract Agreement

Binding Agreement Contract

Basic Simple Subcontractor Agreement

Basic Construction Contract

Agreement Security Guard Contract

Agreement For Construction Of House

Agreement Between Contractor And Principal Employer

Agreement Between Architect And Contractor

Snow Removal Residential Contract

Roofing Repair Contract

Contract Agreement Between Client And Contractor

Subcontractor Equipment Use Agreement

Anesthesia Independent Contractor Agreement

Agreement Between Two Parties For Construction Contract

Janitorial Independent Contractor Agreement

Contractor Contract For Services

Freelance Subcontractor Agreement

Interpreter Independent Contractor Agreement

Client And Contractor Agreement

General Contractor Work Agreement

tiktok��˰�

How tiktok��˰� reduced drafting time by 75% for a legal firm

�ұ�Ծ��’s Security Promise