Choosing your Commission AgreementWe supply two different commission agreement templates: a standard template and a template with added confidentiality obligations.
In the standard templates, you will need to define the "trigger events" giving rise to an obligation to pay commission, the "base amount" used to calculate the commission, and the "commission" rate - typically a percentage of the base amount.
The template can be used, for example, in relation to an arrangement where one person pays commission to another person in respect of referrals of business.
The commission and confidentiality agreement template contains all the provisions of the standard template. In addition, it includes confidentiality obligations. As drafted, the confidentiality obligations are mutual (i.e. apply to both parties). However, you can adapt the template so that the confidentiality obligations are unilateral.
|