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Employer Employee Sales Commission Agreement
"I need an Employer Employee Sales Commission Agreement for a software company in Ireland, hiring a senior sales representative who will manage European territory sales with a tiered commission structure starting March 2025, including both individual and team-based commission components."
1. Parties: Identifies the employer and employee with full legal names and addresses
2. Background: Outlines the context of the agreement and the intent to establish a commission-based employment relationship
3. Definitions: Defines key terms used throughout the agreement, including 'Commission', 'Sales', 'Targets', 'Territory' etc.
4. Appointment and Term: Details of the employment position, commencement date, and duration of the agreement
5. Duties and Responsibilities: Outlines the employee's sales responsibilities, reporting requirements, and performance expectations
6. Commission Structure: Details the basic commission calculation method, rates, and qualifying criteria
7. Payment Terms: Specifies when and how commission payments will be made, including any holdback periods
8. Targets and Performance Metrics: Establishes sales targets and how performance will be measured
9. Territory and Customer Assignment: Defines the geographic area or customer base the employee is responsible for
10. Record Keeping and Reporting: Outlines requirements for sales documentation and reporting procedures
11. Non-Compete and Confidentiality: Protects the employer's business interests and confidential information
12. Termination: Conditions for ending the agreement and impact on commission payments
13. Governing Law: Specifies Irish law as governing law and relevant jurisdiction
14. General Provisions: Standard clauses including entire agreement, amendments, and severability
1. Team Commission Structure: Used when employee manages a sales team or when team-based commissions apply
2. International Sales: Include when employee will be selling in multiple jurisdictions
3. Product-Specific Terms: Include when different commission rates apply to different products/services
4. Draw Against Commission: Include if offering guaranteed minimum drawings against future commission
5. Bonus Structure: Include if additional bonus schemes exist alongside commission
6. Training and Support: Include when specific training requirements or support structures need to be documented
7. Expense Policy: Include when employee is entitled to expense reimbursement
8. Remote Working Provisions: Include when employee will work remotely or hybrid
1. Schedule 1 - Commission Rates: Detailed breakdown of commission rates, tiers, and calculation methods
2. Schedule 2 - Sales Targets: Specific sales targets and quotas for the current period
3. Schedule 3 - Territory Map: Detailed description or map of assigned sales territory
4. Schedule 4 - Reporting Templates: Standard forms and templates for sales reporting
5. Schedule 5 - Product List: List of products/services and associated commission rates
6. Appendix A - Sales Policies: Company's sales policies and procedures
7. Appendix B - Commission Examples: Sample calculations showing how commission is calculated in various scenarios
Authors
Base Salary
Business Day
Client
Commission
Commission Period
Confidential Information
Customer
Draw
Effective Date
Employee
Employer
Group
Intellectual Property Rights
Net Sales
Payment Date
Performance Targets
Prospect
Qualified Sale
Quarter
Sales
Sales Cycle
Sales Pipeline
Sales Policy
Sales Target
Services
Territory
Commission Rate
Clawback Period
Competing Business
Gross Margin
Lead
New Business
Opportunity
Products
Quota
Renewal Business
Revenue
Term
Termination Date
Working Hours
Term
Duties and Responsibilities
Commission Structure
Payment Terms
Performance Requirements
Territory Rights
Working Hours
Expenses
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Data Protection
Record Keeping
Reporting Requirements
Training
Leave Entitlements
Termination
Post-Termination Obligations
Commission on Termination
Clawback
Force Majeure
Assignment
Severability
Entire Agreement
Variation
Notices
Governing Law
Dispute Resolution
Time of Essence
Waiver
GDPR Compliance
Indemnification
Commission Calculations
Sales Targets
Territory Assignment
Client Management
Performance Reviews
Bonus Arrangements
Commission Adjustments
Technology
Financial Services
Real Estate
Insurance
Telecommunications
Pharmaceutical
Manufacturing
Retail
Professional Services
Software
Automotive
Medical Devices
Consumer Goods
Media and Advertising
Sales
Human Resources
Legal
Finance
Operations
Compensation & Benefits
Compliance
Business Development
Commercial
Sales Representative
Account Executive
Business Development Manager
Sales Manager
Regional Sales Director
Territory Manager
Inside Sales Representative
Sales Consultant
Commercial Director
Sales Engineer
Enterprise Account Manager
Senior Sales Executive
VP of Sales
Commission Administrator
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