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1. Parties: Identification of the employer and employee, including their full legal names and addresses
2. Background: Context of the employment relationship and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the contract, including commission-related terminology
4. Term of Employment: Duration of employment, including start date and whether fixed-term or permanent
5. Role and Duties: Detailed description of the employee's position, responsibilities, and reporting relationships
6. Commission Structure: Core commission calculation methods, rates, and conditions for earning commission
7. Base Salary and Benefits: Any base salary component and statutory benefits including superannuation
8. Payment Terms: Timing and method of commission payments, including treatment of pending commissions upon termination
9. Performance Standards: Required performance levels and sales targets
10. Hours of Work: Expected working hours and flexibility arrangements
11. Leave Entitlements: Annual leave, personal leave, and other leave entitlements as per National Employment Standards
12. Confidentiality: Protection of confidential information and trade secrets
13. Termination: Grounds for termination and notice periods
14. Post-Employment Obligations: Restraint of trade and non-solicitation provisions
15. General Provisions: Standard contractual clauses including governing law and entire agreement
1. Probationary Period: Include when the employment begins with a probationary period
2. Equipment and Resources: Include when the employer provides specific tools or resources
3. Expense Reimbursement: Include when the role involves reimbursable expenses
4. Remote Work Arrangements: Include when the role involves remote or hybrid working
5. Team Management: Include when the role involves supervision of other employees
6. International Travel: Include when the role requires international travel
7. Intellectual Property: Include when the role involves creation of IP
8. KPI Adjustments: Include when KPIs may be subject to periodic review and adjustment
9. Clawback Provisions: Include when commission payments may be subject to clawback under specific circumstances
1. Schedule 1 - Detailed Commission Structure: Comprehensive breakdown of commission rates, tiers, and calculation methods
2. Schedule 2 - Performance Metrics: Detailed KPIs and performance measurement criteria
3. Schedule 3 - Territory/Client Allocation: Definition of sales territory or allocated client base
4. Schedule 4 - Bonus Schemes: Additional incentive schemes or bonus structures
5. Schedule 5 - Restraint of Trade: Detailed post-employment restrictions including geographical and temporal limits
6. Appendix A - Commission Calculation Examples: Practical examples of commission calculations in various scenarios
7. Appendix B - Reporting Templates: Standard templates for sales and commission reporting
Base Salary
Business Day
Commission
Commission Period
Confidential Information
Customer
Commencement Date
Eligible Sale
Gross Sale
Intellectual Property
KPIs
Net Sale
Performance Targets
Pipeline
Probationary Period
Products
Qualified Lead
Restraint Area
Restraint Period
Sales Territory
Services
Superannuation
Target
Term
Termination Date
Working Hours
Commission Rate
Payment Date
Clawback Event
Closed Deal
Commission Threshold
Guaranteed Minimum
Lead
Prospect
Quarter
Sales Cycle
Team Quota
Individual Quota
Trailing Commission
Duration
Probation
Duties and Responsibilities
Commission Structure
Base Salary
Payment Terms
Performance Requirements
Territory Assignment
Working Hours
Location of Work
Leave Entitlements
Superannuation
Expenses
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Termination
Notice Period
Commission on Termination
Record Keeping
Reporting Requirements
Tools and Equipment
Training
Compliance
Policies and Procedures
Variation
Entire Agreement
Severability
Governing Law
Dispute Resolution
Force Majeure
Assignment
Notices
Data Protection
Health and Safety
Commission Adjustments
Targets and KPIs
Client Management
Team Performance
Post-Employment Obligations
Clawback Provisions
Real Estate
Financial Services
Insurance
Retail
Technology Sales
Automotive Sales
Telecommunications
Recruitment
Advertising
Medical Device Sales
Pharmaceutical Sales
Manufacturing Sales
Sales
Business Development
Account Management
Channel Sales
Direct Sales
Field Sales
Inside Sales
Commercial
Retail Operations
Revenue
Sales Representative
Business Development Manager
Real Estate Agent
Insurance Broker
Recruitment Consultant
Account Executive
Sales Manager
Commission-Only Sales Agent
Territory Sales Manager
Medical Sales Representative
Mortgage Broker
Retail Sales Consultant
Channel Sales Manager
Direct Sales Representative
Investment Advisor
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