Document background
The Sales Target Agreement is a crucial commercial document used in Belgian business relationships to establish clear, measurable sales objectives and associated performance metrics. This agreement is particularly relevant when a company needs to formalize sales expectations with its representatives, agents, or distributors, whether operating domestically within Belgium or across the EU market. The document typically includes specific sales targets, measurement methodologies, reporting requirements, and incentive structures, all while ensuring compliance with Belgian commercial law, including the Commercial Agency Law of 1995 and relevant EU regulations. It's commonly used in various commercial arrangements, from simple domestic sales relationships to complex international distribution networks, and can be adapted to accommodate different industry sectors and business models while maintaining its enforceability under Belgian jurisdiction.
