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Salesperson Contract Commission Only
"I need a Salesperson Contract Commission Only for our Philippine real estate company, focusing on luxury property sales with a tiered commission structure starting at 2% for properties under 10M PHP and increasing to 5% for properties over 50M PHP, with exclusive territory rights in Metro Manila."
1. Parties: Identification of the Company and the Salesperson, including complete legal names and addresses
2. Background: Context of the agreement and nature of the commission-only relationship
3. Definitions: Key terms used in the agreement including 'Commission', 'Sales', 'Territory', 'Products/Services', 'Customers'
4. Appointment and Scope: Formal appointment of salesperson, designation of territory, and products/services covered
5. Term and Termination: Duration of the agreement and conditions for termination by either party
6. Commission Structure: Detailed explanation of commission rates, calculation methods, and payment terms
7. Payment Terms: Timeline and method of commission payments, including any minimum guarantee periods
8. Sales Targets: Any applicable sales quotas or performance metrics
9. Duties and Responsibilities: Specific obligations of the salesperson including reporting, customer service, and professional conduct
10. Exclusivity and Non-Compete: Terms regarding working with competitors or similar products/services
11. Confidentiality: Protection of company information and trade secrets
12. Statutory Benefits: Mandatory benefits under Philippine law including SSS, PhilHealth, and Pag-IBIG
13. Expenses and Resources: Policy on business expenses and company-provided resources
14. Governing Law: Specification of Philippine law as governing law and jurisdiction
15. General Provisions: Standard clauses including entire agreement, amendments, and notices
1. Training Requirements: Include when specific training or certification requirements exist for the role
2. Customer Ownership: Include when there's a need to clearly define customer relationship ownership
3. Sales Team Integration: Include when the salesperson will work as part of a larger sales team
4. International Sales: Include when the role involves cross-border sales
5. Lead Generation: Include when defining responsibilities for generating own leads versus company-provided leads
6. Post-Termination Obligations: Include when there are specific requirements after contract termination
7. Insurance Requirements: Include when the salesperson needs to maintain specific insurance coverage
1. Schedule A - Commission Rates: Detailed breakdown of commission rates for different products/services
2. Schedule B - Territory Definition: Detailed description of assigned sales territory including any exclusions
3. Schedule C - Product/Service List: Comprehensive list of products/services the salesperson is authorized to sell
4. Schedule D - Sales Targets: Specific sales targets and any associated bonus structures
5. Schedule E - Reporting Templates: Standard forms and templates for sales reporting
6. Appendix 1 - Code of Conduct: Company's code of conduct and professional standards
7. Appendix 2 - Expense Policy: Detailed policy on reimbursable expenses and claiming procedures
Authors
Retail
Real Estate
Insurance
Financial Services
Technology
Telecommunications
Pharmaceutical
Manufacturing
Automotive
Consumer Goods
Professional Services
Media and Advertising
Construction
Industrial Equipment
Medical Devices
Sales
Business Development
Account Management
Legal
Human Resources
Finance
Operations
Compliance
Training and Development
Sales Representative
Account Executive
Business Development Representative
Sales Agent
Territory Sales Manager
Independent Sales Consultant
Commission-Only Sales Executive
Field Sales Representative
Direct Sales Agent
Sales Development Representative
Regional Sales Manager
Product Sales Specialist
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