Commission-Only Employment Agreement
Commission-only employment contract establishing sales performance requirements, payment structures, territory assignments, and independent contractor classification for sales positions.
Key Clauses
Scope of Services
Defines the specific services, deliverables, and performance standards required under the agreement.
Compensation and Payment
Establishes fee structures, payment schedules, invoicing procedures, and late payment penalties.
Term and Termination
Sets the agreement duration, renewal options, and conditions under which either party may terminate.
Confidentiality
Protects proprietary information and trade secrets shared between the parties during the engagement.
Indemnification
Allocates liability and requires each party to hold the other harmless from specified claims and damages.
Use This Template
When You Need This
- Real estate agent working for brokerage on commission basis
- Insurance salesperson employed with commission-only compensation structure
- Car salesperson working for dealership with commission-based pay
- Financial advisor employed with investment firm for commission income