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Commission Only Contract
"I need a Commission Only Contract for hiring software sales representatives in Ireland, with a tiered commission structure ranging from 8-15% based on quarterly targets, starting from March 2025."
1. Parties: Identification of the Company and the Commission Agent/Sales Representative
2. Background: Context of the agreement and nature of the commission-only relationship
3. Definitions: Key terms used throughout the agreement including 'Commission', 'Territory', 'Products', 'Customers'
4. Appointment and Term: Scope of appointment, territory assignment, and duration of the agreement
5. Commission Structure: Detailed explanation of commission rates, calculation methods, and earning conditions
6. Payment Terms: Timing and method of commission payments, payment verification procedures
7. Performance Expectations: Sales targets, minimum performance requirements, and review periods
8. Independent Contractor Status: Clear statement of self-employed status and relationship between parties
9. Duties and Responsibilities: Specific obligations of the commission agent including reporting requirements
10. Company Support: Resources, training, and support provided by the company
11. Intellectual Property: Protection of company IP and confidential information
12. Termination: Grounds for termination and notice requirements
13. Post-Termination Obligations: Handling of pending commissions and ongoing obligations
14. General Provisions: Standard clauses including governing law, notices, and entire agreement
1. Non-Compete Clause: Restrictions on working with competitors, used when agent has access to sensitive information
2. Expenses: Terms for reimbursement of approved business expenses, if applicable
3. Team Structure: Required when agent is permitted to build and manage their own sales team
4. International Sales: Specific provisions for cross-border sales activities
5. Customer Data Protection: Detailed GDPR compliance requirements when handling customer data
6. Dispute Resolution: Alternative dispute resolution procedures if preferred over court proceedings
7. Insurance Requirements: Specific insurance coverage requirements for the agent
8. Marketing Guidelines: Rules for marketing and promoting products/services when applicable
1. Schedule 1 - Commission Rates: Detailed breakdown of commission percentages for different products/services
2. Schedule 2 - Territory Definition: Specific geographical areas or customer segments assigned
3. Schedule 3 - Product List: Complete list of products/services covered by the agreement
4. Schedule 4 - Sales Targets: Quarterly/annual sales targets and performance metrics
5. Schedule 5 - Reporting Templates: Standard forms for sales reporting and commission calculations
6. Schedule 6 - Company Policies: Relevant company policies applicable to commission agents
7. Appendix A - Commission Calculator: Tool or spreadsheet for commission calculations
8. Appendix B - Compliance Checklist: Required compliance procedures and documentation
Authors
Real Estate
Insurance
Financial Services
Retail
Software and Technology
Telecommunications
Automotive
Manufacturing
Pharmaceutical Sales
Professional Services
Advertising and Media
Consumer Goods
Industrial Equipment
Travel and Tourism
Sales
Business Development
Commercial
Legal
Human Resources
Finance
Operations
Compliance
Partner Relations
Account Management
Sales Representative
Business Development Manager
Account Executive
Sales Agent
Territory Manager
Independent Sales Consultant
Commission Agent
Sales Associate
Regional Sales Director
Business Development Representative
Channel Partner Manager
Sales Development Representative
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