Sales Rep Contract Template

Set minimum monthly quotas after consultation with the sales representative.
Sales rep contract template. The company engages the salesperson and the salesperson agrees to act as salesperson for the company for a period of one 1 year from the date hereof and this agreement shall be automatically renewed from year to year with the same terms and provisions unless this agreement shall be terminated sooner in the manner hereinafter provided. Whereas the company is a manufacturer importer or distributor of. Effective as of the date of termination or expiration of this agreement the representative shall cease to use any of the company marks. A 1099 sales rep agreement is important to have for companies that employ sales representatives.
This sales representative agreement is between a company and a sales representative who will promote company s products in a specific territory. You are hiring a sales representative and you wish to define the terms and conditions of professional services to be provided. Provide the sales representative with reasonable quantities of business cards brochures catalogs and any product samples required for sales purposes. You are providing your services as a sales representative to a person or company and wish to define your agreement with the business or individual.
The sales rep contract describes the role and geographic area of the sales representative commission and payment structure plus the obligation and responsibilities of both parties. Discontinue use of company marks. A sales representative agreement is a crucial document in the process of hiring the salesmen. Employees who only get commissions are called 1099ers due to the 1099 misc form that they receive every year.
Grant representative 30 days notice should the company wish to terminate this agreement. Use the sales representative contract document if. This agreement set out the names of the parties the products to be sold and the specific territory. Within return of property period days of the termination or expiration of this agreement the representative shall return to the company all the companys property and all documents relating to its representation of the company both originals and copies under its direct or indirect control.
This agreement not only defines the ground on which your company is based but it also gives a proper guidelines to the sales representative about what their duties and responsibilities are and how they are supposed to act around people when they are representing your company. It also sets forth the agreement term. Representative and entered into for the purpose of retaining the representative as the companys independent sales agent. This sales representative agreement the agreement dated as of 9 th august 2009 by and between freedom financial holdings inc a maryland corporation the company and freedom formulations llc a florida limited liability company called representative below.