Common Contracts
1 similar Commission Agreement contracts
Commission agreement draftCommission Agreement • July 16th, 2021
A commission agreement, or a commission sales agreement, is a legally binding contract used between two parties. The first party is generally referred to as the “principal,” and they have goods and services they are looking to sell. The second party is typically referred to as the “agent.” The principal hires the agent to sell such goods for a commission, which is a percentage or other agreed amount for the sale of each service or good. A commission agreement details the relationship between the principal and the agent.This commission agreement template serves as a go-by that can help assist you in creating your own commission agreement.A commission agreement is an important agreement that a company should use when hiring a new salesperson.This commission agreement template is split into easy to follow sections to define the terms of the agreement between the principal and the sales representative.A commission agreement sets the amount or percentage of commission due to the agent after
