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Sales Employment Contract
"I need a Sales Employment Contract for a senior account executive position in our tech company based in Auckland, including provisions for a 60/40 base/commission split and international client management responsibilities."
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the employment relationship, including the role being offered and general purpose of the agreement
3. Definitions: Key terms used throughout the agreement including specific sales-related terminology
4. Position and Duties: Detailed description of the sales role, responsibilities, reporting lines, and performance expectations
5. Term of Employment: Whether the employment is permanent, fixed-term, or casual, including start date and hours of work
6. Remuneration: Base salary, commission structure, and other financial benefits
7. Performance Expectations: Sales targets, KPIs, and measurement criteria
8. Leave Entitlements: Annual, sick, bereavement, and public holiday leave as per Holidays Act 2003
9. Expenses and Tools: Policy on reimbursement of work-related expenses and provision of necessary tools
10. Confidentiality: Protection of company's confidential information and trade secrets
11. Intellectual Property: Ownership of work product and innovations developed during employment
12. Restraint of Trade: Non-compete and non-solicitation provisions post-employment
13. Termination: Grounds for termination, notice periods, and procedures
14. General Provisions: Standard legal clauses including governing law, entire agreement, and amendments
1. Company Vehicle: Terms of company vehicle provision and use, included when a vehicle is provided
2. International Travel: Terms related to international travel requirements, included for roles with overseas territories
3. Home Office Allowance: Provisions for remote working arrangements and related allowances, included for remote/hybrid roles
4. Team Management: Additional responsibilities and expectations for sales team leaders or managers
5. Territory Allocation: Specific geographic or client territory assignments, included when territories are exclusively allocated
6. Product Training: Specific requirements for product knowledge and training, included for technical or specialized product sales
7. Client Handover: Procedures for transferring clients upon termination, included for relationship-based sales roles
1. Schedule 1 - Remuneration Structure: Detailed breakdown of base salary, commission rates, bonus structures, and calculation methods
2. Schedule 2 - Sales Targets: Specific sales targets, quotas, and performance metrics
3. Schedule 3 - Territory/Client List: Defined sales territory or allocated client accounts
4. Schedule 4 - Company Policies: Key company policies including sales processes, expense claims, and code of conduct
5. Appendix A - Commission Calculator: Examples or formulas for commission calculations
6. Appendix B - Benefits Summary: Summary of additional benefits including health insurance, phone allowance, etc.
Authors
Retail
Technology
Manufacturing
Professional Services
Financial Services
Telecommunications
Healthcare
Real Estate
Automotive
Consumer Goods
Industrial Equipment
Software
Pharmaceuticals
Construction
Media and Advertising
Sales
Business Development
Account Management
Commercial
Revenue
Customer Success
New Business
Enterprise Sales
Direct Sales
Channel Sales
Sales Representative
Account Executive
Business Development Manager
Sales Manager
Territory Sales Manager
Regional Sales Director
Inside Sales Representative
Outside Sales Representative
Sales Consultant
Senior Sales Executive
Key Account Manager
Sales Team Leader
Sales Director
Vice President of Sales
Junior Sales Representative
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