A commission agreement should always be executed in person. For the first time, at least, you should always connect with your agent to ensure he/she is comfortable with the terms laid out in your agreement.
The commission rate is the most important part of a commission agreement. This part will determine your revenue share with the agent and based on this is entirely based on how you want to run your business.
You should explain the commission contract to your agents and let them understand why you’ve structured the agreement the way you have.
Creating an agreement can be tricky, and a template can help you get the most crucial job done in a jiffy.
Yes, of-course! A well defined agreement can protect both the salesperson as well as the company from any future payment issue or legal trouble. Our template has been developed in collaboration with legal advisors and proof readers. Just edit it and use as per your needs.
A contract can be terminated when a party breaches the agreement and / or when both the parties mutually agree to terminate the contract. Make sure to speak to your own legal advisor to ensure the termination clause is mentioned as per the nature of your business and as per your agreement with the contractor.
Using our template is simple. You just need to download the template, edit as per your need and that’s it.
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