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Sales Employment Contract Template for New Zealand

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Key Requirements PROMPT example:

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."

Document background
The Sales Employment Contract is essential for businesses in New Zealand engaging sales professionals in various capacities. This agreement is designed to comply with New Zealand employment law while addressing the unique aspects of sales roles, including commission structures, performance metrics, and client relationship management. It should be used when hiring any sales professional, from entry-level representatives to senior sales managers, and can be customized based on the specific sales role, industry, and company requirements. The document includes mandatory provisions required by New Zealand law, such as those outlined in the Employment Relations Act 2000, while incorporating commercial elements specific to sales positions such as territory assignments, target setting, and commission calculations. This contract type is particularly important for establishing clear expectations and protecting both employer and employee interests in sales-focused roles.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

Technology

Manufacturing

Professional Services

Financial Services

Telecommunications

Healthcare

Real Estate

Automotive

Consumer Goods

Industrial Equipment

Software

Pharmaceuticals

Construction

Media and Advertising

Relevant Teams

Sales

Business Development

Account Management

Commercial

Revenue

Customer Success

New Business

Enterprise Sales

Direct Sales

Channel Sales

Relevant Roles

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

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

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