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Commission Based Employment Contract
"I need a Commission Based Employment Contract for a Senior Sales Executive in the pharmaceutical industry, starting March 2025, with a 60/40 commission split and exclusive territory rights for Metro Manila."
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
1. Parties: Identification of the Employer and the Employee with complete legal names and addresses
2. Background: Context of the employment relationship and brief description of the employer's business
3. Definitions: Key terms used throughout the contract, including specific commission-related terminology
4. Appointment and Duration: Nature of employment, position title, and term (fixed or indefinite)
5. Duties and Responsibilities: Detailed description of the employee's role, targets, and performance expectations
6. Commission Structure: Detailed explanation of commission calculations, payment terms, and conditions
7. Minimum Guarantees: Any guaranteed minimum earnings in compliance with Philippine minimum wage laws
8. Payment Terms: Schedule of commission payments, payment methods, and payment processing details
9. Working Hours: Expected working hours, flexibility, and time recording requirements
10. Statutory Benefits: SSS, PhilHealth, Pag-IBIG, and other mandatory benefits
11. Leave Entitlements: Vacation, sick leave, and other leave benefits
12. Confidentiality: Protection of company information and trade secrets
13. Non-Competition: Restrictions on working with competitors during employment
14. Termination: Grounds for termination and notice requirements
15. Governing Law: Specification of Philippine law as governing law and jurisdiction
1. Probationary Period: Terms of probationary period if applicable (use when role includes initial probation)
2. Travel Requirements: Travel obligations and reimbursement policies (use for sales roles requiring travel)
3. Equipment and Resources: Provision of sales tools, devices, or vehicles (use when company provides equipment)
4. Team Management: Leadership responsibilities and team commission structures (use for senior sales positions)
5. Training Requirements: Mandatory training programs and certifications (use when specific qualifications are needed)
6. Territory Assignment: Geographic or client territory definitions (use for field sales roles)
7. Non-Solicitation: Restrictions on soliciting clients or employees (use for senior roles with client relationships)
8. Expense Policy: Guidelines for reimbursable expenses (use when role involves expense claims)
9. Remote Work: Terms for remote working arrangements (use when applicable to the role)
1. Schedule A - Commission Rates: Detailed breakdown of commission percentages, tiers, and calculation methods
2. Schedule B - Performance Metrics: Specific KPIs, targets, and performance evaluation criteria
3. Schedule C - Territory Map: Detailed description or map of assigned sales territory
4. Schedule D - Product List: List of products/services with associated commission rates
5. Schedule E - Bonus Structure: Additional incentive schemes and bonus calculations
6. Appendix 1 - Expense Policy: Detailed guidelines for expense claims and reimbursements
7. Appendix 2 - Company Policies: Relevant company policies affecting commission-based employees
Authors
Retail
Real Estate
Financial Services
Insurance
Telecommunications
Automotive
Direct Sales
Technology
Medical Sales
Advertising
Travel and Tourism
Manufacturing
Pharmaceutical
Sales
Business Development
Commercial
Retail Operations
Account Management
Direct Marketing
Channel Sales
Field Sales
Inside Sales
Customer Success
Revenue Operations
Marketing
Sales Representative
Business Development Manager
Real Estate Agent
Insurance Agent
Sales Executive
Account Executive
Territory Sales Manager
Commercial Sales Manager
Medical Sales Representative
Recruitment Consultant
Financial Advisor
Marketing Consultant
Sales Director
Commission-based Customer Service Representative
Retail Sales Associate
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