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Salesperson Contract
"I need a Salesperson Contract for hiring a senior territory sales representative in Ontario who will handle our medical device product line, with a 70-30 commission-base salary split and exclusive rights to the Greater Toronto Area starting March 2025."
1. Parties: Identification of the employer and salesperson, including legal names and addresses
2. Background: Context of the agreement and brief description of the business and role
3. Definitions: Key terms used throughout the agreement including 'Territory', 'Products', 'Commission', 'Customers'
4. Appointment and Term: Confirmation of employment, role, and duration (fixed-term or indefinite)
5. Duties and Responsibilities: Detailed description of the salesperson's obligations and performance expectations
6. Compensation Structure: Base salary, commission rates, bonus structures, and payment terms
7. Working Hours and Reporting: Expected working hours, reporting requirements, and sales tracking procedures
8. Expenses and Reimbursement: Policy on business expenses, vehicle allowance, and reimbursement procedures
9. Confidentiality: Protection of company's confidential information and trade secrets
10. Intellectual Property: Ownership of work product and customer relationships
11. Non-Solicitation: Restrictions on soliciting customers or employees post-employment
12. Termination: Grounds for termination, notice periods, and post-termination obligations
13. General Provisions: Standard clauses including governing law, amendments, and entire agreement
1. Territory Assignment: Used when the salesperson is assigned to a specific geographic territory or market segment
2. Product Line Restrictions: Include when salesperson is limited to specific product lines
3. Non-Competition: Add when reasonable non-compete restrictions are necessary and enforceable
4. Company Vehicle Policy: Include if company provides a vehicle or has specific vehicle requirements
5. Remote Work Provisions: Add for positions allowing work from home or remote sales activities
6. Team Leadership: Include if the salesperson has team leadership or management responsibilities
7. International Travel: Add for roles requiring cross-border travel or international sales
8. Stock Options/Equity: Include if offering equity compensation or stock options
1. Schedule A - Compensation Plan: Detailed commission structures, bonus calculations, and payment schedules
2. Schedule B - Territory Map: Geographic boundaries or customer segment definitions for assigned territory
3. Schedule C - Product List: List of products/services the salesperson is authorized to sell
4. Schedule D - Expense Policy: Detailed policies regarding reimbursable expenses and procedures
5. Schedule E - Sales Targets: Specific performance metrics and quota requirements
6. Schedule F - Reporting Templates: Required sales report formats and submission schedules
7. Appendix 1 - Company Policies: Relevant company policies including code of conduct and sales practices
8. Appendix 2 - Benefits Summary: Overview of applicable benefits and eligibility criteria
Authors
Base Salary
Commission
Company
Confidential Information
Customers
Effective Date
Employee
Intellectual Property
Net Sales
Products
Prospect
Quota
Report Period
Sales Cycle
Sales Target
Services
Territory
Trade Secrets
Work Product
Commission Period
Gross Sales
Key Performance Indicators
Lead
Operating Procedures
Payment Date
Performance Metrics
Proprietary Information
Qualified Sale
Sales Materials
Target Market
Term
Business Day
Competitive Business
Company Property
Customer Database
Fiscal Year
Incentive Compensation
Notice Period
Restricted Period
Appointment
Term
Duties and Responsibilities
Territory Assignment
Commission Structure
Base Salary
Bonus Arrangements
Expenses and Reimbursement
Working Hours
Reporting Requirements
Performance Standards
Sales Targets
Training
Confidentiality
Non-Solicitation
Non-Competition
Intellectual Property
Company Property
Data Protection
Customer Relationships
Vehicle Policy
Electronic Communications
Social Media Usage
Record Keeping
Compliance
Professional Conduct
Health and Safety
Vacation and Leave
Benefits
Termination
Notice Period
Post-Termination Obligations
Dispute Resolution
Severability
Entire Agreement
Governing Law
Assignment
Amendment
Force Majeure
Notices
Retail
Wholesale
Manufacturing
Technology
Pharmaceuticals
Real Estate
Financial Services
Telecommunications
Automotive
Industrial Equipment
Consumer Goods
Professional Services
Construction Materials
Medical Devices
Software and SaaS
Sales
Business Development
Account Management
Commercial
Revenue
Customer Success
Field Operations
Channel Partners
Enterprise Solutions
Regional Operations
Sales Representative
Account Executive
Business Development Manager
Territory Sales Manager
Regional Sales Director
Inside Sales Representative
Outside Sales Representative
Sales Consultant
Technical Sales Specialist
Key Account Manager
Senior Sales Executive
Sales Engineer
Channel Sales Manager
Direct Sales Representative
Enterprise Sales Executive
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