Commission Based Employment Contract Template for Nigeria

1. Parties: Identification of the employer and employee with full legal names and addresses

2. Background: Brief context of the employment arrangement and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement, including 'Commission', 'Sales', 'Targets', etc.

4. Appointment and Duration: Terms of employment, position title, and duration (fixed-term or permanent)

5. Duties and Responsibilities: Detailed description of the employee's role, responsibilities, and performance expectations

6. Commission Structure: Detailed explanation of commission calculations, rates, and payment terms

7. Base Salary and Benefits: Any base salary component and statutory benefits as per Nigerian law

8. Working Hours and Location: Expected working hours, location, and any flexibility arrangements

9. Targets and Performance Metrics: Specific sales or performance targets that affect commission earnings

10. Payment Terms: Payment schedule, method, and conditions for commission payments

11. Statutory Deductions: Details of tax, pension, and other mandatory deductions

12. Termination: Conditions and procedures for contract termination by either party

13. Confidentiality: Protection of company information and trade secrets

14. Non-Competition: Restrictions on working with competitors during and after employment

15. Governing Law: Specification of Nigerian law as governing law and jurisdiction

1. Schedule 1 - Commission Calculation Methods: Detailed formulas and examples of commission calculations

2. Schedule 2 - Sales Territory: Definition and map of assigned sales territory if applicable

3. Schedule 3 - Product List and Commission Rates: List of products/services and their specific commission rates

4. Schedule 4 - Performance Metrics: Detailed KPIs and measurement methods

5. Schedule 5 - Benefits Package: Detailed description of additional benefits and eligibility criteria

6. Appendix A - Expense Policy: Guidelines for business expense claims and reimbursement

7. Appendix B - Reporting Templates: Standard forms for sales and commission reporting