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Commission Based Employment Contract
"I need a Commission Based Employment Contract for a Senior Sales Representative position in our pharmaceutical company, with a 60% base salary and 40% commission structure, including quarterly performance targets and a three-month probation period starting March 1, 2025."
1. Parties: Identification of the employer and employee with complete legal names and addresses
2. Background: Context of the employment relationship and purpose of the agreement
3. Definitions: Key terms used throughout the agreement, including commission-specific terminology
4. Appointment and Term: Details of the position, employment status, and duration of the agreement
5. Duties and Responsibilities: Specific role requirements, targets, and performance expectations
6. Commission Structure: Detailed explanation of commission calculations, rates, and payment terms
7. Payment Terms: Timeline and method of commission payments, including any base salary if applicable
8. Performance Metrics: Key performance indicators and sales targets that affect commission earnings
9. Working Hours and Location: Expected work schedule and place of work, including any flexibility provisions
10. Confidentiality: Protection of company information and trade secrets
11. Non-Competition: Restrictions on working with competitors during and after employment
12. Termination: Conditions and procedures for ending the employment relationship
13. Governing Law: Specification of Pakistani law as governing law and relevant jurisdiction
14. Signatures: Execution block for both parties
1. Probation Period: Details of initial probation period if applicable for new employees
2. Travel Requirements: Include when role requires regular travel and expense reimbursement
3. Team Management: Include when employee will have supervisory responsibilities
4. Training and Development: Include when specific training or certification requirements exist
5. Benefits Package: Include when additional benefits beyond standard statutory requirements are offered
6. Dispute Resolution: Include when specific arbitration or mediation procedures are preferred
7. Intellectual Property: Include when employee may create IP during employment
8. Remote Work Provisions: Include when role allows for remote working arrangements
1. Schedule A - Commission Rates: Detailed breakdown of commission percentages for different products/services
2. Schedule B - Sales Targets: Quarterly/annual sales targets and corresponding commission tiers
3. Schedule C - Territory Assignment: Defined sales territory or customer accounts if applicable
4. Schedule D - Bonus Structure: Additional performance-based incentives and criteria
5. Appendix 1 - Reporting Requirements: Templates and procedures for sales reporting
6. Appendix 2 - Expense Policy: Guidelines for business expense claims and reimbursement
7. Appendix 3 - Code of Conduct: Company policies and ethical guidelines
8. Appendix 4 - Benefits Summary: Overview of all applicable benefits and eligibility criteria
Authors
Retail
Real Estate
Insurance
Banking and Financial Services
Telecommunications
Automobile Sales
Pharmaceutical Sales
Technology and Software
Manufacturing
Direct Sales
Fashion and Apparel
Consumer Goods
Media and Advertising
Tourism and Travel
Professional Services
Sales
Business Development
Commercial
Account Management
Marketing
Client Relations
Product Management
Channel Management
Customer Success
Revenue
Business Strategy
Market Development
Direct Sales
Retail Operations
Distribution
Sales Representative
Business Development Manager
Real Estate Agent
Insurance Agent
Recruitment Consultant
Marketing Executive
Account Executive
Sales Manager
Commission-based Consultant
Financial Advisor
Commercial Manager
Sales Director
Territory Manager
Channel Partner Manager
Business Development Executive
Sales Coordinator
Commission-based Trainer
Product Specialist
Relationship Manager
Direct Sales Representative
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