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Salesman Contract Of Employment
"I need a Salesman Contract of Employment for a senior pharmaceutical sales representative who will cover the Mumbai region, with a 70-30 split between fixed and variable pay, including provisions for handling sensitive medical information and customer data."
1. Parties: Identifies the employer company and the salesperson, including their full legal names and addresses
2. Background: Brief context about the employment relationship and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement including 'Territory', 'Products', 'Commission', 'Targets', etc.
4. Appointment and Term: Details of the employment position, designation, and duration (fixed-term or permanent)
5. Duties and Responsibilities: Comprehensive list of the salesperson's duties, reporting structure, and performance expectations
6. Territory and Product Line: Defines the geographical area and products/services the salesperson will be responsible for
7. Compensation Structure: Details of basic salary, commission rates, bonus structure, and payment terms
8. Working Hours and Leave: Specifies standard working hours, overtime policies, and leave entitlements
9. Expenses and Reimbursement: Policies regarding business expense claims and reimbursement procedures
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. Non-Compete and Non-Solicitation: Restrictions on competitive activities during and after employment
12. Performance Evaluation: Process and criteria for performance assessment and review
13. Statutory Benefits: Details of mandatory benefits under Indian law including PF, ESI, etc.
14. Termination: Conditions and procedures for termination of employment
15. Governing Law: Specifies Indian law as governing law and jurisdiction for disputes
1. Probation Period: Details of initial probation period if applicable for new employees
2. Company Vehicle: Terms of company vehicle usage if provided
3. Remote Work Provisions: Policies regarding work from home or remote working arrangements
4. International Travel: Terms for international business travel if role requires overseas assignments
5. Stock Options: Details of any equity compensation or stock option plans
6. Training Requirements: Mandatory training programs and professional development requirements
7. Intellectual Property Rights: Provisions regarding ownership of any IP created during employment
8. Data Protection: Additional provisions for handling customer data and privacy requirements
1. Schedule A - Commission Structure: Detailed breakdown of commission rates, calculation methods, and payment terms
2. Schedule B - Sales Targets: Specific sales targets and performance metrics
3. Schedule C - Territory Map: Detailed map and description of assigned sales territory
4. Schedule D - Product List: Complete list of products/services the salesperson is authorized to sell
5. Schedule E - Expense Policy: Detailed policy on allowable expenses and reimbursement procedures
6. Appendix 1 - Company Policies: Reference to relevant company policies including code of conduct, IT policy, etc.
7. Appendix 2 - Benefits Summary: Summary of all benefits including statutory and company-specific benefits
Authors
Retail
Technology
Pharmaceuticals
Fast-Moving Consumer Goods (FMCG)
Manufacturing
Automotive
Real Estate
Financial Services
Telecommunications
Industrial Equipment
Healthcare
Software and IT Services
Consumer Electronics
Professional Services
Construction Materials
Sales
Business Development
Account Management
Channel Management
Customer Success
Revenue Operations
Field Operations
Commercial
Product Sales
Regional Operations
Sales Executive
Sales Representative
Business Development Manager
Account Manager
Territory Sales Manager
Regional Sales Manager
Sales Consultant
Product Sales Specialist
Inside Sales Representative
Field Sales Executive
Sales Development Representative
Key Account Manager
Solution Sales Executive
Channel Sales Manager
Direct Sales Representative
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