Commission Only Contract Template for Philippines

1. Training and Support: Details of any training or support provided by the company, used when the role requires specific product knowledge or skills

2. Performance Reviews: Process for evaluating performance and adjusting targets, included when regular reviews are part of the relationship

3. Expense Reimbursement: Terms for reimbursing approved business expenses, if applicable

4. Insurance Requirements: Specific insurance coverage requirements for the agent, if needed for the industry

5. Intellectual Property Rights: Protection of company IP and branding, important for roles involving brand representation

6. Dispute Resolution: Alternative dispute resolution procedures, recommended for higher-value contracts

7. Force Majeure: Provisions for unforeseeable circumstances, particularly relevant post-COVID

8. Data Protection: Compliance with data protection laws, necessary when handling customer data

1. Schedule A - Commission Rates: Detailed breakdown of commission rates for different products/services

2. Schedule B - Sales Targets: Specific sales targets and any associated bonus structures

3. Schedule C - Territory Definition: Detailed description of the assigned sales territory or market segment

4. Schedule D - Approved Expenses: List of reimbursable expenses and approval procedures

5. Schedule E - Reporting Templates: Standard forms for sales reporting and commission calculations

6. Appendix 1 - Code of Conduct: Company policies and ethical standards to be followed

7. Appendix 2 - Product List: Current list of products/services covered by the agreement