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Commission Based Employment Contract
"I need a Commission Based Employment Contract for a senior sales representative in the pharmaceutical industry, with a 70-30 commission-to-base-salary split and international territory coverage, starting March 1, 2025."
1. Parties: Identification of the employer and employee with complete legal names and addresses
2. Background: Context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including specific commission-related terminology
4. Appointment: Terms of employment, position title, and reporting structure
5. Duration: Commencement date and term of employment (fixed-term or permanent)
6. Duties and Responsibilities: Detailed description of the employee's role and expectations
7. Commission Structure: Basic framework of how commissions are calculated and earned
8. Payment Terms: Timing and method of commission payments, including any base salary
9. Performance Targets: Minimum performance requirements and sales targets
10. Working Hours: Expected working hours and flexibility requirements
11. Leave Entitlements: Annual, medical, and other types of leave as per Malaysian law
12. Termination: Conditions and procedures for ending the employment relationship
13. Confidentiality: Protection of company information and trade secrets
14. Governing Law: Specification of Malaysian law as the governing law
1. Non-Compete: Restrictions on working for competitors after employment ends - use when protecting client relationships is crucial
2. Benefits: Additional benefits beyond statutory requirements - include when offering extra incentives
3. Training: Professional development and training provisions - use when specific training is required
4. Expense Reimbursement: Terms for business expense claims - include for roles with significant travel/expenses
5. Remote Work: Provisions for working from home or remote locations - use when flexible working arrangements are offered
6. International Travel: Terms for international business travel - include for roles requiring overseas work
7. Team Management: Additional responsibilities for team leadership - use for senior sales positions
1. Commission Rates Schedule: Detailed breakdown of commission percentages for different products/services
2. Performance Metrics: Specific KPIs and measurement criteria for performance evaluation
3. Territory Assignment: Definition of geographical or client territory allocation
4. Product List: List of products/services the employee is authorized to sell
5. Bonus Structure: Additional incentive schemes and bonus calculations
6. Benefits Schedule: Detailed description of additional benefits and eligibility criteria
7. Sales Process Guidelines: Standard operating procedures for sales activities
Authors
Real Estate
Insurance
Financial Services
Retail
Telecommunications
Automotive
Technology Sales
Pharmaceutical Sales
Marketing and Advertising
Travel and Tourism
Manufacturing
Professional Services
Sales
Business Development
Account Management
Channel Sales
Direct Sales
Inside Sales
Field Sales
Retail Operations
Commercial
Marketing
Customer Success
Revenue
Sales Representative
Business Development Manager
Real Estate Agent
Insurance Agent
Sales Executive
Account Executive
Sales Manager
Commission-Based Consultant
Sales Director
Business Development Executive
Channel Sales Manager
Territory Sales Manager
Recruitment Consultant
Marketing Executive
Property Consultant
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