Sample Commission Sales Agreement
Between: [employee name] hereinafter referred to as employee and
business name] hereinafter referred to as _____
_____ wishes to employ the employee as a commissioned salesman
and the employee wishes to take on employment with __ as a
commissioned salesman;
The _____ and the employee agree on the following terms and
conditions of employment:
Employment
- __ hereby employs the employee as a commission sales clerk
commencing the day of __, 2000 to sell specific products as
may be designated from time to time by and the employee
hereby agrees to diligently and faithfully use her/his best efforts to sell such
products on behalf of _____.
Remuneration
- __ shall pay to the employee a commission on sales as set
forth in the attached commission Schedule "A". - ____ reserves the right to make changes in the schedule as it
may determine from time to time but ___ will give two
months' notice of any change. Commission payments will be payable
monthly on the _of the month following the date in which
commissions were earned. - In order to assist the employee at the beginning of her/his employment
__ may allow the employee to take a draw during the first
three months as an advance in the amount of per month on
the anticipated earned commissions.
An example of the draw might be:
The September draw balances the
June draw to make the amount
advanced $2,000 per month and
$6,000 in total. After three months, if the earned commissions are less than
the advances and commissions paid, the employee shall repay __________
the difference and, for this purpose, authorizes __________ to deduct
advances from earned commissions.
June 20th $1,000
July 20th $2,000
August 20th $2,000
September 20th $1,000