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Commission Employment Contract
"I need a Commission Employment Contract for a senior sales representative in the software industry, with a 70-30 split between base salary and commission, including quarterly performance targets and a specific territory assignment for the DACH region, starting March 1, 2025."
1. Parties: Identification of the employer and employee with full legal names and addresses
2. Background: Context of the employment relationship and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the contract, particularly commission-related terminology
4. Position and Duties: Description of the employee's role, responsibilities, and reporting structure
5. Commencement and Duration: Start date and term of employment (fixed-term or indefinite)
6. Commission Structure: Detailed explanation of the commission calculation method, rates, and conditions
7. Base Salary and Payment Terms: Fixed salary component (if any) and payment arrangements for both salary and commission
8. Working Hours and Location: Standard working hours, workplace location, and flexibility arrangements
9. Holidays and Leave: Annual leave entitlement and public holiday provisions
10. Social Security and Insurance: Mandatory social security contributions and insurance arrangements
11. Confidentiality: Protection of company confidential information and trade secrets
12. Intellectual Property: Ownership and rights regarding work-created intellectual property
13. Non-Competition: Post-employment competitive restrictions in accordance with Swiss law
14. Termination: Notice periods and grounds for termination
15. Governing Law: Confirmation of Swiss law application and jurisdiction
1. Probationary Period: Terms of initial probationary period, if applicable
2. Expenses: Policy on business expense reimbursement, if offered
3. Company Car: Terms of company car provision, if applicable
4. Additional Benefits: Any additional benefits such as health insurance or pension contributions beyond statutory requirements
5. Home Office Arrangements: Terms for remote working, if permitted
6. Training and Development: Provisions for professional development and required training
7. Garden Leave: Terms for garden leave during notice period, if applicable
8. Sales Territory: Definition of exclusive sales territory, if applicable
9. Performance Targets: Specific performance metrics and consequences, if not in schedules
1. Commission Calculation Schedule: Detailed formulas and examples of commission calculations
2. Sales Targets and Quotas: Specific sales targets and minimum performance requirements
3. Product Price List: Current prices and commission rates for different products/services
4. Expense Policy: Detailed policy on allowable expenses and reimbursement procedures
5. Code of Conduct: Company's code of conduct and sales practices
6. Benefits Package Details: Comprehensive description of all benefits and eligibility criteria
7. Reporting Requirements: Templates and procedures for sales and commission reporting
Authors
Retail
Real Estate
Financial Services
Insurance
Telecommunications
Software and Technology
Pharmaceutical Sales
Automotive
Advertising and Media
Manufacturing
Professional Services
Consumer Goods
Industrial Equipment
Travel and Tourism
Recruitment
Sales
Business Development
Commercial
Revenue
Account Management
Human Resources
Legal
Finance
Compensation and Benefits
Retail Operations
Channel Sales
Direct Sales
Sales Representative
Business Development Manager
Account Executive
Real Estate Agent
Insurance Broker
Sales Manager
Commission-based Consultant
Territory Sales Manager
Relationship Manager
Financial Advisor
Sales Director
Commercial Agent
Recruitment Consultant
Business Development Executive
Regional Sales Manager
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