Are you about to give a sales commission for future revenues to your employees and you like to put the details on paper? Or do you like your boss to sign this sales commission agreement to make sure you will get your commission in the future?
Download this sales commission agreement to sign between the employer and the employee regarding the sales commissions available for sales performance.
We provide a template that will professionalize your way of communication inside the company between employer and employee.
It is important that you develop a highly detailed agreement which leaves no room for confusion between the employer and employee, in order to prevent possible lost revenue and possibly even legal issues. By following the 14 steps defined in this checklist, you will be able to create a suitable Sales Commission Agreement for both parties that is legally binding:
- Parties to the Agreement
- Terms of the Agreement
- Position and Classification
- Duties and Responsibilities
- Activity Reporting Requirements
- Expected Sales Results
- Compensation Structure
- Commission Contingencies
- Customer Payment
- Commission Forfeitures
- Employee Termination
- Expense Reimbursement
- Policies and Procedures
- Confidentiality, Non-Disclosure, and Non-solicitation
- Wrapping it All Up
Our templates are all screened by legal professionals with a business background. Using our legal templates guarantees you will save time, cost and efforts!