- New business leads: _____ will assign, as per Schedule "C," a list of
customers who it will be the employee's responsibility to serve. New
business customers will be added to the employee's list when prospected for
by the employee and approved by the sales manager. The sales manager
may add or remove from the employee's list customers where the sales
manager is of the opinion that such is in the best interest of the business, but
the sales manager will consult with the employee affected prior to any such
change. - Territory leads: Leads originating in the employee's territory that is not
customers assigned to other employees shall be assigned to the employee
with responsibility for that territory. In the event that the salesperson does
not accept or perform on the lead within one business day, the lead will be
reassigned as part of the rotation. - The employee agrees to sell a minimum dollar value of jobs as set forth in
Schedule "D". Failure to achieve such sales shall be grounds for
termination, if no unusual circumstances exist and the failure continues for
three consecutive months.
Commission Payments
- The commission on sales shall be paid as follows:
Û Fifty percent of the commission payable shall be paid as an advance in
the payroll period in which the contract was signed and accepted,
providing that the contract deposit exceed 25% of the contract price.
Û The remaining 50% of the commission is due upon receipt of the final
payment from the customer. In the event, the contract price is
adjusted; the commission payable shall also be adjusted to reflect the
revised sale price.
Û Notwithstanding the foregoing, __________ may (at its discretion)
advance the employee funds prior to the receipt of the final payment
from the customer. The employee does not earn such an advance until
final payment is received and, in the case of non-payment for a period
of four months, is repayable. If payment is ultimately received, then
the employee shall be paid the balance of the commission payable
under this agreement.