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Contractor Commission Agreement
"I need a Contractor Commission Agreement for our real estate agency to engage independent sales agents, with a tiered commission structure starting from March 2025, including provisions for both residential and commercial property sales."
1. Parties: Identifies and provides full legal details of all parties to the agreement
2. Background: Sets out the context and purpose of the agreement, including the nature of the business and the general intention to engage the contractor
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Appointment and Status: Establishes the contractor's appointment and explicitly confirms independent contractor status
5. Services: Detailed description of the services to be provided by the contractor
6. Commission Structure: Defines the commission rates, calculation methods, and payment terms
7. Payment Terms: Specifies payment frequency, methods, and any conditions precedent to payment
8. Performance Standards: Outlines expected quality and performance standards for the services
9. Term and Termination: Specifies the duration of the agreement and circumstances for termination
10. Obligations and Responsibilities: Details the specific obligations of both parties
11. Intellectual Property: Addresses ownership and usage rights of any IP created during the service provision
12. Confidentiality: Protects confidential information and trade secrets
13. Liability and Indemnity: Sets out liability limitations and indemnification obligations
14. General Provisions: Includes standard boilerplate clauses such as notices, amendment procedures, and governing law
1. Non-Compete: Restricts contractor from competing activities - include when protecting market position is crucial
2. Insurance: Specifies required insurance coverage - include when services involve significant risks
3. Compliance with Policies: Requires adherence to company policies - include when contractor works on-site or represents the company
4. Reporting Requirements: Details specific reporting obligations - include for complex service arrangements
5. Training and Support: Outlines any training provided - include when specific systems or processes need to be learned
6. Expenses: Details reimbursable expenses - include when contractor may incur business expenses
7. Dispute Resolution: Specifies detailed dispute resolution procedures - include for high-value or complex arrangements
8. Assignment and Subcontracting: Controls ability to delegate or transfer rights - include when service quality is crucial
1. Schedule 1 - Services Description: Detailed specification of services to be provided
2. Schedule 2 - Commission Rates and Calculations: Detailed breakdown of commission structures, including any tiered rates or bonus schemes
3. Schedule 3 - Performance Metrics: Specific KPIs and performance measurement criteria
4. Schedule 4 - Territory or Client List: Defined geographic area or specific clients covered by the agreement
5. Schedule 5 - Approved Expenses: List of pre-approved expenses and reimbursement procedures
6. Appendix A - Required Forms: Standard forms for invoicing, reporting, or commission calculations
7. Appendix B - Company Policies: Relevant company policies that apply to the contractor
Authors
Approved Expenses
Business Day
Client
Commission
Commission Period
Commencement Date
Company
Confidential Information
Contractor
Gross Sales
Intellectual Property
Net Sales
Payment Date
Performance Metrics
Principal
Products
Quarter
Services
Special Commission
Target
Term
Territory
Trailing Commission
Transaction
Working Hours
Year
GST
Force Majeure Event
Material Breach
Related Company
Commission Rate
Sales Period
Performance Standards
Qualifying Sale
Commission Statement
Applicable Laws
Business
Customer
Referral
Company Policies
Completion Date
Contract Price
Key Performance Indicators
Revenue
Trade Secrets
Appointment
Independent Contractor Status
Services
Commission Structure
Payment Terms
Performance Standards
Term
Termination
Obligations
Warranties
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Insurance
Indemnification
Limitation of Liability
Force Majeure
Assignment
Subcontracting
Notices
Dispute Resolution
Governing Law
Entire Agreement
Variation
Severability
GST
Health and Safety
Data Protection
Record Keeping
Audit Rights
Territory Rights
Reporting Requirements
Company Property
Expenses
Training
Compliance with Laws
Anti-Bribery
Relationship Management
Real Estate
Insurance
Financial Services
Retail
Technology Sales
Advertising and Media
Manufacturing
Professional Services
Recruitment
Automotive Sales
Pharmaceutical Sales
Telecommunications
Sales
Business Development
Commercial
Operations
Legal
Finance
Human Resources
Procurement
Channel Partners
Marketing
Account Management
Sales Representative
Business Development Manager
Real Estate Agent
Insurance Broker
Marketing Consultant
Recruitment Consultant
Commercial Agent
Territory Manager
Account Executive
Sales Agent
Commission Agent
Business Broker
Financial Advisor
Distribution Agent
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