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Commissioned Sales Agreement

In Uncategorized on September 15, 2021 at 2:59 am

The purpose of this Agreement is to document the structure of distribution commissions that regulates the remuneration of goods or services sold by the representative on behalf of the employer. 2. Payment of the sales commission. The company pays the contractor a sales commission (a regular commission) equal to 15% of the retail price paid by the customer for the products ordered (sale of products). The retail price excludes: taxes, shipping and processing, as well as other special fees to be paid by the customer. The company may aggregate all sales commissions due to the contractor for sales made and recovered during the last billing period. Commissions must be paid monthly to the contractor. A non-compete agreement may seem like a good way to protect your business from competition from independent contractors, but there can be legal challenges.