Employee Sales Commission Agreement Template

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You can open the Employee Sales Commission Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Employee Sales Commission Agreement Template

Printable | Editable Form




Employee Sales Commission Agreement Template (1)
Between:
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Company’s Name]
[Company’s ID]
[Company’s Address]
Introduction:
This agreement outlines the commission structure for [Employee’s Name], commencing on [Contract Start Date], related to sales performance for the company.
Clause 1: Scope of Commission
The Employee shall receive a commission on sales generated, calculated as a percentage of the total sales revenue, specifically [Specify percentage] of sales made during the commission period.
Clause 2: Commission Schedule
Commission payments will be made on a [monthly/quarterly] basis, disbursed by the [day] of each month following the close of the previous period.
Clause 3: Sales Targets
To qualify for commission, the Employee must meet or exceed the following sales targets: [Specify targets]. Failure to meet these targets may result in commission adjustments.
Clause 4: Termination of Agreement
This agreement may be terminated by either party: [Specify the notice period and conditions for termination].
Clause 5: Confidentiality and Non-Disclosure
The Employee agrees to keep confidential all sensitive information related to the company’s sales strategies and client lists during and after the term of this agreement.
Clause 6: Governing Law
This agreement will be governed and interpreted in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Employee’s Name]
[Signature of the Company’s Representative]
[Name of the Company’s Representative]
Employee Sales Commission Agreement Template (2)
Between:
[Employee’s Name]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Company’s Name]
[Company’s ID]
[Company’s Address]
Introduction:
This agreement serves to outline the terms under which the Employee will earn commissions for additional sales efforts starting on [Contract Start Date].
Clause 1: Commission Structure
The Employee will earn a commission of [Specify percentage] for each sale made that exceeds the baseline quota established by the Company.
Clause 2: Payment Terms
Commissions owed will be paid bi-weekly, with a detailed report of sales submitted alongside each payment.
Clause 3: Performance Reviews
The Employee’s sales performance will be reviewed quarterly, and modifications to commission rates may be discussed at that time based on company performance.
Clause 4: Termination Conditions
Either party can terminate the agreement with [Specify notice period], with a final commission payment to be made thereafter for any sales recorded up to the termination date.
Clause 5: Non-Competition Agreement
Upon termination, the Employee agrees not to engage in competitive activities for a period of [Specify time frame] within [Specify geographic area].
Clause 6: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Employee’s Name]
[Signature of the Company’s Representative]
[Name of the Company’s Representative]

Form

Please complete the form below to create the Employee Sales Commission Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Employee Sales Commission Agreement Template

1. Employee Information


2. Employer Information


3. Agreement Details


4. Commission Structure

5. Payment Terms

6. Sales Targets and Performance Metrics

7. Confidentiality Obligations

8. Termination Clauses

9. Signatures and Acceptance

10. Acknowledgment and Signatures




PDF


WORD

Printable

Employee Sales Commission Agreement Template

Printable | Editable Form




Employee Sales Commission Agreement Template