simple sales representative agreement

simple sales representative agreement

5% from the total sum of any deal). You must make sure you obtain high-quality products for a good price. In the opening paragraph of the agreement, you should identify the parties. This SALES REPRESENTATIVE AGREEMENT (the Agreement), dated as of 9th August 2009, by and between Freedom Financial Holdings, Inc a Maryland Corporation (the Company) and Freedom Formulations, LLC a Florida Limited Liability Company, called Representative below. If the profit margin on this sale is $2,500, then the Representative earns $175. Is the commission percentage commensurate with the time and energy needed to sell the products? Covenant to Report; Ownership of Trade Secrets. Business Contract Lawyers: How Can They Help? Your product is the foundation of your business. Duration. 3% of the profit you make on the deal), and a tiered plan (the commission gets bigger the more sales per certain period the agent or employee makes). There's not a lawyer on the planet better suited to advise you than me. Box 309 GT, Ugland House, So. An annual bonus of $(Number) is paid to any Representative who exceeds their sales quota by any amount for $(Number) consecutive months in a calendar year. AJ has practiced in entertainment, technology, intellectual property, data privacy and protection, a broad array of domestic and international transactions, finance, and as outside General Counsel for startup and growth companies. This article has been viewed 6,740 times. An agreement of this type can help clarify the employment designation and include other expectations like performance markers, commission structure, and confidentiality clauses. PDF Sample Foreign Representation Agreement - ExportU These sections are linked to the below sample agreement for you to explore. These quotas are established at the sole discretion of the Employer, as outlined in this Agreement. Sales Rep Agreement | Get Free Legal Forms There are several types of distributor agreements, although most contain similar provisions. The Representative shall not have authority to accept orders on behalf of the Company or to bind or commit the Company to deliver the Services or assume or perform any other obligation in respect of any customer or prospective customer, and the Representative shall not make any contrary representations. Apply a document theme that matches your company brand. You want the title to stand out, so put it in all caps, bold, and underlined. By using our site, you agree to our, {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/4\/42\/Draft-a-Sales-Representative-Agreement-Step-1.jpg\/v4-460px-Draft-a-Sales-Representative-Agreement-Step-1.jpg","bigUrl":"\/images\/thumb\/4\/42\/Draft-a-Sales-Representative-Agreement-Step-1.jpg\/aid7581254-v4-728px-Draft-a-Sales-Representative-Agreement-Step-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"