Sales Commission Contract Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Sales Commission Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Sales Commission Contract

"I need a Sales Commission Contract for our New Zealand software company to engage a new enterprise sales representative, with a tiered commission structure starting from 5% for standard sales and increasing to 8% for exceeding quarterly targets, effective from March 1, 2025."

Document background
The Sales Commission Contract is essential for businesses operating in New Zealand that compensate sales personnel through commission-based structures. This document is typically used when engaging sales representatives, whether as employees or independent contractors, to sell products or services on behalf of a company. It provides comprehensive coverage of commission rates, calculation methods, payment terms, and performance expectations while ensuring compliance with New Zealand legislation, including the Employment Relations Act 2000, Fair Trading Act 1986, and Contract and Commercial Law Act 2017. The agreement is crucial for establishing clear expectations, avoiding disputes, and protecting both the company's and sales representative's interests in commission-based relationships.
Suggested Sections

1. Parties: Identification of the company/principal and the salesperson, including full legal names and contact details

2. Background: Context of the agreement, nature of the business, and general purpose of the commission arrangement

3. Definitions: Key terms used throughout the agreement, including 'Commission', 'Sales', 'Territory', 'Products/Services', 'Targets', etc.

4. Appointment and Scope: Terms of appointment, territory/market assignment, and scope of sales authority

5. Commission Structure: Detailed explanation of commission rates, calculation methods, and qualifying criteria

6. Payment Terms: Timing of commission payments, payment methods, and handling of disputed amounts

7. Sales Targets: Any minimum performance requirements or sales targets that affect commission eligibility

8. Reporting and Records: Requirements for sales reporting, record-keeping, and commission statements

9. Obligations of the Parties: Specific duties and responsibilities of both the company and the salesperson

10. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

11. Post-Termination: Treatment of commissions after contract termination and ongoing obligations

12. Confidentiality: Protection of confidential information and trade secrets

13. Governing Law: Specification of New Zealand law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Compete: Restrictions on working with competitors, used when the salesperson has access to sensitive information or significant client relationships

2. Intellectual Property: IP protection clauses, needed when the salesperson might create or use company IP

3. Expenses: Terms for reimbursement of sales-related expenses, included when the company will cover certain costs

4. Training and Support: Company's obligations regarding training and resources, included for complex products or services

5. Insurance: Insurance requirements, included when the salesperson needs specific coverage

6. Dispute Resolution: Specific dispute resolution procedures, included for high-value or complex arrangements

7. Assignment: Rights to assign the agreement, included when there's potential for corporate restructuring or sale

Suggested Schedules

1. Commission Rates Schedule: Detailed breakdown of commission rates for different products/services or sales thresholds

2. Territory Description: Detailed description of geographical or market segment boundaries

3. Product/Service List: Comprehensive list of products/services covered by the agreement

4. Sales Targets Schedule: Detailed performance metrics and associated rewards or penalties

5. Approved Expense Categories: List of reimbursable expenses and approval procedures

6. Reporting Templates: Standard forms for sales reporting and commission calculations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Retail

Real Estate

Financial Services

Technology

Manufacturing

Professional Services

Telecommunications

Pharmaceutical

Automotive

Insurance

Construction

Energy

Media and Advertising

Relevant Teams

Sales

Business Development

Commercial

Legal

Human Resources

Finance

Operations

Compliance

Account Management

Relevant Roles

Sales Representative

Business Development Manager

Account Executive

Sales Manager

Territory Manager

Regional Sales Director

Channel Manager

Sales Agent

Commercial Director

Sales Consultant

Business Development Representative

Account Manager

Inside Sales Representative

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Sales Rep Contract Of Employment

New Zealand-compliant employment contract for sales representatives, covering compensation, duties, and performance terms.

find out more

Sales Commission Contract

A New Zealand-governed agreement establishing commission-based sales arrangements between a company and sales representatives.

find out more

Commission Only Contract

A New Zealand-compliant agreement establishing terms for commission-only compensation between a company and commission earner.

find out more

Commission Agreement For Independent Contractor

A New Zealand-governed agreement establishing commission-based terms between a principal and independent contractor, including payment structure and performance requirements.

find out more

Software Sales Commission Agreement

New Zealand-governed agreement establishing commission terms for software sales representatives, including payment structures and performance requirements.

find out more

Consulting Commission Agreement

A New Zealand-governed agreement establishing commission-based consulting services between a consultant and client, defining service terms and payment structure.

find out more

Independent Sales Rep Contract

A New Zealand-governed agreement establishing terms between a company and an independent sales representative, including commission structures and performance requirements.

find out more

Commission Contract Agreement

A New Zealand-compliant agreement establishing terms and conditions for commission-based business relationships between a principal and agent.

find out more

Commission Based Employment Contract

New Zealand-compliant employment contract for commission-based roles, outlining commission structures and employment terms under NZ law.

find out more

Commission Split Agreement

A New Zealand-compliant agreement that establishes terms for commission sharing between parties, including calculation methods and payment terms.

find out more

Commission Share Agreement

New Zealand-governed agreement establishing terms for commission sharing between parties, including calculation methods and payment terms.

find out more

Sales Representative Contract

A New Zealand-governed agreement establishing the terms of engagement between a company and sales representative, including duties, compensation, and performance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.