SALES REPRESENTATIVE COMMISSION AGREEMENT
This Sales Representative Commission Agreement (the “Agreement”) is made as of the 29 April 2024 between:
(1) PARTY_1_NAME (the “Company”), a company with Company Number PARTY_1_IDENTITY_NO) and registered address at PARTY_1_ADDRESS_SINGLE_LINE; and
(2) PARTY_2_NAME (the “Salesperson”), holder of Identification Number PARTY_2_IDENTITY_NO with domiciled address at PARTY_2_ADDRESS_SINGLE_LINE
From the date of this Agreement, the Company engages the Salesperson, and the Salesperson agrees to act as sales representative for the Company, unless this Agreement shall be terminated in the manner hereinafter provided.
1. Sales Scope
(a) The Salesperson shall sell the following products for the Company ("Product(s)"):
PRODUCTS
(b) The Company agrees to deliver any and all promotional items used to acquire sales.
(c) The Company shall furnish a Sales Agreement template for use by the Salesperson engaged in all sales of the Product(s).
2. Remuneration of Salesperson
(a) The Company agrees to pay the Salesperson as compensation for his services in respect of each Successful Sale made, a commission of COMMISSION_PERCENTAGE per cent. of the Contract Price pursuant to each Sale Agreement, to be payable from (and including) the First Sale Date.
“Contract Price” is the amount (i) stipulated in a Sale Agreement as the contract price payable to the Company from the relevant Client; and (ii) which has been paid in full to the Company from that client.
“New Client” is a client that is not and has never been party to a Sale Agreement.
“Sale Agreement” is an agreement entered into between the Company and the relevant client whereby that client has agreed to engage the Company in the production of a product or products.
“Successful Sale” shall mean (i) a sale to a New Client which has been successfully solicited by the Salesperson; and (ii) for which at least one Sale Agreement has been entered into between the Company and that New Client.
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