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A Commission Agreement sets out how and when someone gets paid for making sales or bringing in business. It's commonly used by real estate agents, insurance brokers, and sales professionals across New Zealand to establish their earning structure and payment terms.

The agreement spells out key details like commission rates, payment schedules, and performance targets. Under NZ contract law, it needs to clearly define what counts as a successful sale or referral, when commissions become payable, and how they're calculated. This helps prevent disputes and ensures both parties understand their rights and obligations.

Use a Commission Agreement when hiring sales staff, real estate agents, or business development professionals who earn income based on their sales performance. This document becomes essential before they start bringing in business, as it prevents confusion and disputes about payment terms.

Many NZ businesses need Commission Agreements when expanding their sales team, launching new products, or working with independent contractors. It's particularly important in regulated industries like real estate and financial services, where clear compensation structures help meet compliance requirements and protect both parties' interests. Having it in place early helps avoid misunderstandings about commission rates, payment timing, and performance expectations.

• Sales Commission Contract: For traditional sales roles with base salary plus commission structure
• Commission Only Contract: Pure commission arrangements without base salary, common in real estate
• Commission Based Employment Contract: Full employment terms with detailed commission structures
• Commission Split Agreement: For sharing commissions between multiple parties or team members
• Commission Contract Agreement: Flexible template adaptable for independent contractors and consultants

• Sales Organizations: Companies and businesses that need to set clear commission structures for their sales teams and representatives
• Real Estate Agencies: Both franchise networks and independent agencies using these agreements with their agents
• Sales Professionals: Individual salespeople, agents, and contractors who earn through commission-based work
• HR Managers: Responsible for implementing and maintaining commission structures within their organizations
• Legal Teams: In-house counsel or external lawyers who draft and review agreements to ensure compliance with NZ employment law
• Financial Services Firms: Companies offering commission-based roles for insurance, investment, or mortgage brokers

• Compensation Details: Determine base salary (if any), commission rates, and payment schedules
• Performance Metrics: Define what constitutes a successful sale or transaction that triggers commission
• Party Information: Gather full legal names, contact details, and roles of all involved parties
• Payment Terms: Specify calculation methods, payment timing, and handling of partial or split commissions
• Employment Status: Clarify if the agreement covers employees or independent contractors under NZ law
• Compliance Check: Ensure alignment with industry regulations and employment standards
• Review Process: Use our platform to generate a legally sound document that includes all required elements

• Party Details: Full legal names, roles, and contact information of all parties involved
• Commission Structure: Clear calculation methods, rates, and payment schedules
• Performance Criteria: Specific conditions that trigger commission payments
• Payment Terms: Timing, method, and handling of commission payments
• Duration: Agreement start date, term length, and renewal conditions
• Termination Clauses: Conditions for ending the agreement and final payment terms
• Dispute Resolution: Process for handling disagreements under NZ law
• Confidentiality: Protection of sensitive business information and client data
• Signatures: Space for dated signatures from all parties

Commission Agreements are often confused with Broker Agreement, as both involve payment for services. Here's how they differ:

• Scope of Services: Commission Agreements focus specifically on sales-based compensation, while Broker Agreements cover broader service arrangements including advisory, facilitation, and intermediary duties
• Payment Structure: Commission Agreements typically tie payment directly to sales performance, while Broker Agreements may include flat fees, retainers, or mixed compensation models
• Legal Requirements: Under NZ law, Broker Agreements often need additional regulatory compliance elements, especially in financial or real estate sectors
• Duration: Commission Agreements usually align with employment or sales periods, while Broker Agreements often cover specific transactions or defined project timeframes
• Party Relationships: Commission Agreements generally create employer-employee or principal-agent relationships, while Broker Agreements typically establish independent contractor arrangements