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1. Parties: Identification of the employer company and the sales employee with complete details
2. Background: Brief context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement including Territory, Products, Targets, Commission, etc.
4. Appointment and Term: Details of the position, designation, and duration of employment
5. Duties and Responsibilities: Specific sales-related duties, reporting structure, and general responsibilities
6. Compensation Structure: Base salary, commission structure, and other financial benefits
7. Working Hours and Leave: Standard working hours, leave entitlements, and holiday policy
8. Performance Expectations: Sales targets, KPIs, and performance review mechanisms
9. Confidentiality: Protection of company's confidential information and trade secrets
10. Intellectual Property: Ownership of work product and client relationships
11. Non-Solicitation: Restrictions on soliciting company's customers or employees
12. Statutory Benefits: PF, ESI, gratuity, and other mandatory benefits under Indian law
13. Termination: Grounds for termination, notice periods, and consequences
14. Governing Law: Jurisdiction and applicable laws
15. Dispute Resolution: Process for resolving employment-related disputes
1. Probation Period: Include when the company wants to implement an initial probation period
2. Remote Work Policy: Include for roles allowing work from home or remote working arrangements
3. Vehicle Allowance: Include when providing company vehicle or transportation allowance
4. Relocation Terms: Include when the role requires relocation or covers multiple locations
5. International Travel: Include for roles requiring international travel or overseas assignments
6. Non-Compete: Include when requiring post-employment restrictions on working with competitors
7. Training Obligations: Include when specific training requirements or bonds are applicable
8. Expense Policy: Include detailed expense policies for high-travel sales roles
9. Team Management: Include when the role involves managing other sales team members
1. Schedule A - Compensation Details: Detailed breakdown of salary components, commission structures, and calculation methods
2. Schedule B - Sales Territory: Defined geographical or account-based territory assignment
3. Schedule C - Product Portfolio: List of products/services the employee is responsible for selling
4. Schedule D - Sales Targets: Quarterly/annual sales targets and measurement criteria
5. Schedule E - Benefits Package: Details of additional benefits, insurance coverage, and allowances
6. Schedule F - Expense Policy: Guidelines for business expense claims and reimbursement procedures
7. Appendix 1 - Code of Conduct: Company's code of conduct and ethical guidelines
8. Appendix 2 - Sales Process Manual: Standard operating procedures for sales activities
Appointment Date
Base Salary
Business Day
Commission
Company
Company Products
Competitor
Confidential Information
Customer
Effective Date
Employee
Intellectual Property Rights
Key Performance Indicators (KPIs)
Notice Period
Performance Review
Probation Period
Prospect
Quarter
Sales Quota
Sales Target
Sales Territory
Services
Termination Date
Trade Secrets
Variable Pay
Working Hours
Work Product
Year
Gross Misconduct
Commission Period
Sales Cycle
Reporting Manager
Commission Rate
Sales Pipeline
Lead
Opportunity
Revenue Target
Closed Deal
Sales Tools
Company Policies
Performance Metrics
Incentive Plan
Business Records
Term
Probation
Duties and Responsibilities
Working Hours
Compensation
Commission Structure
Sales Targets
Territory Rights
Performance Metrics
Reporting Requirements
Leave Entitlement
Benefits
Expense Reimbursement
Confidentiality
Non-Disclosure
Intellectual Property
Non-Compete
Non-Solicitation
Training
Performance Review
Sales Tools and Resources
Customer Relationships
Record Keeping
Statutory Compliance
Code of Conduct
Travel Requirements
Data Protection
Conflict of Interest
Termination
Notice Period
Post-Termination Obligations
Governing Law
Dispute Resolution
Force Majeure
Assignment
Severability
Entire Agreement
Amendment
Notices
Technology
Pharmaceuticals
Fast-Moving Consumer Goods (FMCG)
Manufacturing
Telecommunications
Real Estate
Financial Services
Automotive
Industrial Equipment
Healthcare
Retail
Software and IT Services
Professional Services
Consumer Electronics
Construction Materials
Sales
Business Development
Account Management
Commercial Operations
Revenue
Field Operations
Product Sales
Channel Sales
Customer Success
Business Solutions
Sales Executive
Sales Manager
Business Development Manager
Account Manager
Regional Sales Director
Territory Sales Representative
Key Account Executive
Sales Consultant
Inside Sales Representative
Field Sales Representative
Senior Sales Manager
VP of Sales
Sales Engineer
Product Sales Specialist
Channel Sales Manager
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