This is a template commission agreement. The template has been designed to document the obligation of one person to pay commission to another in respect of a defined event or type of event - for example, the introduction of a customer. You can see a sample version of this document, containing the first few pages, here:
Sample Commission Agreement
The commission agreement provides that commission will be paid in respect of each "trigger event" that occurs during the term of the agreement. You will need to adapt the suggested definition of "trigger event" or use your own definition. You will also need to consider how commission payable under the commission agreement is to be calculated. The agreement suggests that this be an agreed percentage of a "base amount".
This commission agreement contains the following provisions:
> Definitions and interpretation
> Term
> Commission
> Warranties
> Limitations and exclusions of liability and indemnities
> Termination
> Consequences of termination
> General
This agreement is 10 pages long (including the cover page), and is supplied in Word (.doc) format for easy editing.
A copy of this agreement is included with our
standard business pack and our
premium business pack.
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