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Commission Based Employment Contract
"I need a Commission Based Employment Contract for a senior sales representative in the software industry, with a 70-30 commission-base salary split and specific provisions for international client dealings, starting from March 2025."
1. Parties: Identification of the employer and employee with complete details
2. Background: Context of the employment relationship and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement, including commission-related terminology
4. Appointment and Term: Details of the position, designation, and duration of employment
5. Duties and Responsibilities: Detailed description of the employee's role, targets, and performance expectations
6. Commission Structure: Detailed explanation of the commission calculation methodology, payment terms, and conditions
7. Base Salary and Benefits: Details of any fixed salary component and additional benefits provided
8. Working Hours and Location: Specification of work timings, location, and flexibility arrangements
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Intellectual Property: Ownership and rights related to work products and innovations
11. Termination: Conditions and procedures for ending the employment relationship
12. Post-Termination Obligations: Continuing obligations after employment ends
13. Governing Law: Specification of Indian law as governing law and jurisdiction
14. General Provisions: Standard contractual clauses including notices, amendments, and entire agreement
1. Non-Compete: Restrictions on working with competitors, used when employee has access to sensitive information or significant client relationships
2. Non-Solicitation: Restrictions on soliciting clients or employees, relevant for client-facing roles
3. Probation Period: Terms of initial probationary period, if applicable
4. Travel Requirements: Details of travel obligations and reimbursement policies, if role requires travel
5. Training and Development: Provisions for required training and professional development
6. Team Management: Additional responsibilities if employee will manage other staff
7. Expense Policy: Rules regarding business expense claims and reimbursements
8. Remote Work Provisions: Specific terms for remote working arrangements if applicable
1. Schedule A - Commission Calculation Matrix: Detailed breakdown of commission rates, tiers, and calculation methods
2. Schedule B - Performance Targets: Specific sales or performance targets that trigger commission payments
3. Schedule C - Benefits Package: Detailed description of all benefits and eligibility criteria
4. Schedule D - Territory/Client List: Definition of sales territory or assigned client accounts
5. Appendix 1 - Reporting Templates: Standard formats for sales reporting and commission calculations
6. Appendix 2 - Company Policies: Referenced company policies that form part of the employment terms
Authors
Real Estate
Insurance
Retail
Financial Services
Technology Sales
Pharmaceutical Sales
Automotive Sales
Telecommunications
Marketing and Advertising
Professional Services
Recruitment
Direct Sales
E-commerce
Manufacturing Sales
Sales
Business Development
Account Management
Marketing
Channel Partnerships
Customer Success
Retail Operations
Field Sales
Direct Sales
Commercial
Sales Representative
Business Development Manager
Real Estate Agent
Insurance Agent
Sales Executive
Account Executive
Sales Manager
Commission-based Consultant
Marketing Representative
Channel Partner Manager
Territory Sales Manager
Recruitment Consultant
Investment Advisor
Customer Success Manager
Sales Director
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