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A sales representative contract is a legal agreement between a particular company and the sales executive/representative who acts on the company's behalf to execute sales services. It provides clear guidelines for the terms of employment, compensation, and termination.
exclusive sales representation agreement is a legal contract between a person who sells the service or product and a company in exchange for compensation. The sales representation agreement will list the terms and conditions and recitals for the company's independent sales representative.
The Independent Wholesale Sales Representatives Contractual Relations Act of 1990 applies to agreements involving wholesale sales representatives, not to agreements between manufacturers and distributors. Nonetheless, other California statutes regulate certain types of distributorship agreements.
What is an independent sales rep? An independent sales representative is a professional who works as a contractor for a company, selling a service or product on their behalf. They may work contractually, only earning income when they make a sale.
The names and addresses of both parties. A statement that it is a nonexclusive sales agreement, allowing you to work with other sales representatives. A statement that the salesperson is an independent contractor, not an employee, and that they are responsible for paying income taxes and will not receive benefits.