¶¶Òõ¶ÌÊÓÆµ

Commission Pay Agreement Template for Malaysia

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

4.6 / 5
4.8 / 5

Let's create your Commission Pay Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

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:

Commission Pay Agreement

"I need a Commission Pay Agreement for our real estate agency in Kuala Lumpur, with a tiered commission structure starting at 2% for standard properties and increasing to 5% for luxury properties above RM5 million, to be effective from January 2025."

Document background
The Commission Pay Agreement serves as a crucial document for businesses operating in Malaysia that compensate their employees or agents through commission-based structures. This agreement is essential for companies across various sectors where performance-based pay is common, such as sales, real estate, and financial services. The document must comply with Malaysian employment law, particularly the Employment Act 1955 and related regulations, while clearly defining the commission structure, calculation methods, payment terms, and performance expectations. It provides legal protection for both parties by establishing clear terms for earning and paying commissions, handling disputes, and managing the overall commission-based relationship. The agreement is particularly important in the Malaysian context where employment relationships are heavily regulated and require careful documentation of compensation arrangements.
Suggested Sections

1. Parties: Identifies and provides full details of the parties entering into the agreement - the employer/principal and the employee/agent

2. Background: Establishes the context of the agreement, including the nature of the business and the role of the commission-based position

3. Definitions: Defines key terms used throughout the agreement, including 'Commission', 'Sales', 'Gross Revenue', etc.

4. Appointment and Term: Specifies the position, role, and duration of the appointment

5. Commission Structure: Details the basic commission rates, calculation methods, and qualifying criteria

6. Payment Terms: Specifies when and how commissions will be paid, including payment frequency and method

7. Performance Targets: Establishes any minimum performance requirements or targets that must be met

8. Reporting and Documentation: Outlines the process for tracking sales and commission calculations

9. Termination: Specifies conditions for termination and treatment of commissions upon termination

10. Confidentiality: Protects confidential information and trade secrets

11. Governing Law: Specifies that Malaysian law governs the agreement

12. Dispute Resolution: Establishes procedures for resolving disputes

13. General Provisions: Includes standard contractual provisions like entire agreement, amendments, and notices

Optional Sections

1. Non-Compete Clause: Restricts the employee from competing activities - include when dealing with senior sales positions or sensitive markets

2. Territory Assignment: Defines geographical or customer segment limitations - include when sales territories are assigned

3. Team Commission Structure: Specifies commission sharing or team-based incentives - include for team sales environments

4. Expenses and Reimbursement: Details handling of business expenses - include when the role involves travel or client entertainment

5. Training Requirements: Outlines mandatory training programs - include for regulated industries or complex products

6. Clawback Provisions: Allows recovery of paid commissions under specific circumstances - include for high-value sales or when required by industry regulations

7. Intellectual Property Rights: Addresses ownership of customer relationships and developed materials - include for creative or technical sales roles

Suggested Schedules

1. Schedule A - Commission Rates: Detailed breakdown of commission rates, tiers, and any accelerators

2. Schedule B - Product/Service List: List of products/services eligible for commission and their specific commission rates

3. Schedule C - Performance Metrics: Detailed performance evaluation criteria and calculation methodologies

4. Schedule D - Territory Map: Geographical or customer segment boundaries if applicable

5. Appendix 1 - Commission Calculation Examples: Examples showing how commissions are calculated in various scenarios

6. Appendix 2 - Reporting Templates: Standard forms and templates for sales and commission reporting

Authors

Alex Denne

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

Relevant legal definitions



































Clauses

























Relevant Industries

Retail

Real Estate

Insurance

Financial Services

Technology

Telecommunications

Automotive

Manufacturing

Pharmaceutical

Consumer Goods

Media and Advertising

Professional Services

Construction

Energy

Healthcare

Relevant Teams

Sales

Business Development

Account Management

Channel Partners

Commercial

Revenue

Direct Sales

Inside Sales

Field Sales

Retail Operations

Marketing

Business Operations

Finance

Human Resources

Legal

Relevant Roles

Sales Representative

Business Development Manager

Real Estate Agent

Insurance Agent

Account Executive

Sales Manager

Commission-based Consultant

Marketing Representative

Financial Advisor

Recruitment Consultant

Sales Director

Channel Partner Manager

Commission-based Broker

Business Development Executive

Sales Associate

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Business Commission Agreement

A Malaysian-law governed agreement establishing commission-based business relationships between principals and agents, detailing compensation structure and mutual obligations.

find out more

Salesperson Employment Contract

A comprehensive employment contract template for sales professionals in Malaysia, incorporating commission structures and sales-specific terms in compliance with Malaysian employment law.

find out more

Partnership Commission Agreement

A Malaysian law-governed agreement establishing terms and conditions for commission-based partnerships, including payment structures and operational frameworks.

find out more

Commission Trust Agreement

A Malaysian law-governed agreement establishing a trust structure with integrated commission arrangements, defining relationships between trustees, settlors, beneficiaries, and commission agents.

find out more

Commission Based Consulting Agreement

Malaysian-law governed agreement establishing a commission-based consulting relationship, defining service terms and compensation structure.

find out more

Joint Venture Commission Agreement

A Malaysian law-governed agreement establishing a joint venture with commission-based compensation structures between partnering entities.

find out more

Consulting Commission Agreement

A Malaysian law-governed agreement establishing commission-based consulting services between a consultant and client, outlining service terms and compensation structure.

find out more

Referral Commission Agreement

A Malaysian law-governed agreement establishing terms for business referrals and commission payments between a company and its referral partners.

find out more

Independent Sales Rep Contract

A Malaysian law-governed agreement establishing terms and conditions between a company and an independent sales representative, defining sales rights, commissions, and contractor status.

find out more

Commission Pay Agreement

A Malaysian law-governed agreement establishing commission-based compensation terms between employer and employee, including payment structure and performance requirements.

find out more

Commission Contract Agreement

A Malaysian law-governed agreement establishing commission-based business relationships between principals and agents, defining payment terms and mutual obligations.

find out more

Commission Based Employment Contract

A Malaysian law-governed employment contract establishing terms for commission-based compensation and performance metrics.

find out more

Independent Contractor Sales Commission Agreement

Malaysian-law governed agreement establishing terms and conditions for independent sales contractors, including commission structure and performance requirements.

find out more

Commission Split Agreement

A Malaysian law-governed agreement that establishes terms for sharing commission earnings between parties, including payment structures and obligations.

find out more

Commission Share Agreement

A Malaysian law-governed agreement establishing commission sharing terms and conditions between parties.

find out more

Sales Representative Contract

A Malaysian law-governed agreement establishing terms and conditions between a company and its sales representative, including appointment, commission, and obligations.

find out more

Exclusive Agency Agreement Commission

A Malaysian law-governed agreement establishing an exclusive agency relationship with commission structure and territorial rights.

find out more

Middleman Commission Agreement

A Malaysian law-governed agreement establishing terms and conditions for middleman services, including commission structures and performance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.