This Sales Commission Agreement (the "Agreement") is made and entered into as of [Date] by and between [Company Name] (the "Company") and [Salesperson Name] (the "Salesperson").
The purpose of this Agreement is to outline the terms and conditions under which the Salesperson will earn commissions for sales made on behalf of the Company.
The Salesperson will receive a commission of [Percentage]% on all sales generated by the Salesperson. Commissions will be calculated based on the net sales amount, excluding taxes and returns.
If the Salesperson sells products worth $10,000, the commission will be calculated as follows:
Commission = $10,000 * [Percentage]% = $[Commission Amount]
Commissions will be paid to the Salesperson on a [Monthly/Quarterly] basis, within [Number] days after the end of the payment period.
This Agreement will commence on [Start Date] and will continue until terminated by either party with [Number] days written notice.
The Salesperson agrees to keep all sales data and commission structures confidential and will not disclose this information to any third party without the Company's prior written consent.
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
IN WITNESS WHEREOF, the parties hereto have executed this Sales Commission Agreement as of the date first above written.
__________________________
[Company Name]
Authorized Signature
__________________________
[Salesperson Name]
Signature
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