Sales Commission Agreement
This sales commission agreement is entered into by and between [Sender.Company] “Employer”, and [Client.FirstName] [Client.LastName], “Representative”. The purpose of this agreement is to document the sales commission structure which will govern compensation for goods or services sold by the Representative on behalf of the Employer.
This sales commission agreement serves as authorization for the Representative to sell goods or services on behalf of the Employer. These rights are non-transferrable and non-exclusive. The Employer reserves the right to restrict the Representative’s rights through various restrictions, including geographic restrictions. The Representative agrees to sell goods and services under the Employer’s brand. Goods or services may not be rebranded for any reason.The Representative agrees to abide by the Employer’s pricing policies. The Representative shall not offer discounts without the Employer’s written approval.
The Representative agrees to use company-provided and approved documentation and tools for recording, submitting, and tracking sales and opportunities. This includes the use of company order forms, CRM, and other systems as necessary.
The Representative shall not offer or represent brands which compete with the Employer while acting as a representative of the Employer, and for a period of two years thereafter.
The Representative shall act in the best interests of the Employer in regards to confidential information and intellectual property at all times. This includes refraining from disclosing any information deemed proprietary, sensitive, or confidential to any third party.
The Employer agrees to compensate the Representative for sales of the Employer’s goods or services as follows:
By signing below, the Employer and Representative agree to enter into this sales commission agreement with one another, and agree to the terms described herein.