Commission Agreement Template

Generate a Commission Agreement for the following arrangement:

Company: {{COMPANY_NAME}}
Sales Representative: {{REP_NAME}}
Territory/Accounts: {{TERRITORY}}
Products/Services: {{PRODUCTS}}
Commission Rate: {{COMMISSION_RATE}}
Employment Status: {{STATUS}}

Create a comprehensive commission agreement including:

1. APPOINTMENT AND AUTHORITY
- Appointment as sales representative
- Authority granted
- Territory or account assignment
- Limitations on authority

2. PRODUCTS AND SERVICES
- Products/services covered
- Product training
- New product additions
- Discontinued products

3. SALES OBLIGATIONS
- Sales responsibilities
- Minimum sales quotas
- Reporting requirements
- Customer relationship management
- Professional conduct standards

4. COMMISSION STRUCTURE
- Base commission rate
- Tiered commission rates
- Bonus structures
- Commission calculations
- Commission on renewals

5. COMMISSION ELIGIBILITY
- Qualifying sales
- Excluded transactions
- House accounts
- Split commissions
- Commission attribution

6. PAYMENT TERMS
- Payment timing
- Commission statements
- Payment method
- Currency
- Draws against commission

7. ADJUSTMENTS AND CLAWBACKS
- Refund/cancellation adjustments
- Chargeback policy
- Bad debt provisions
- Clawback period

8. EXPENSES
- Expense responsibility
- Reimbursable expenses
- Expense approval process
- Reporting requirements

9. INDEPENDENT CONTRACTOR STATUS
(If applicable)
- Contractor acknowledgment
- Tax responsibilities
- No benefits
- Insurance requirements

10. CONFIDENTIALITY
- Customer information
- Pricing information
- Trade secrets
- Non-disclosure obligations

11. NON-COMPETE AND NON-SOLICITATION
- During term restrictions
- Post-termination restrictions
- Customer non-solicitation
- Employee non-solicitation

12. TERM AND TERMINATION
- Agreement duration
- Termination rights
- Notice requirements
- Post-termination commissions
- Tail commission period

13. RECORDS AND AUDITS
- Record keeping requirements
- Audit rights
- Dispute resolution

14. INTELLECTUAL PROPERTY
- Company IP ownership
- Marketing materials
- Lead ownership

Include commission schedule and quota targets as exhibits.