Pima Arizona Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates

Category:
State:
Multi-State
County:
Pima
Control #:
US-01557BG
Format:
Word; 
Rich Text
Instant download

Description

This agreement is for a term of years and terminable at will after the initial term. Sales Representative is to receive a residual commission for sales to new customer (those he brings to the Company) for a certain number of years after this Agreement has expired or been terminated. The appointment of sales representative is nonexclusive since the sale representative will sell for more than one company.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates
  • Preview Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates
  • Preview Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates
  • Preview Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates
  • Preview Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates

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FAQ

A sales agency agreement defines what the terms are when a sales agent acts as an independent contractor for a company. They will promote the company's services or products in exchange for the commission on each sale that comes through. This contract is very similar to a general independent contractor agreement.

Exclusive agreements limit a party's ability to work with another, meaning that the exclusive party offers services or products not provided elsewhere. Non-exclusive indicates that the non-exclusive party can work with anyone, including employees, competing products, and customers.

Independent sales representatives are independent contractors that work on a commission basis to sell companies' products and services to customers. They set up appointments with potential and existing customers, present company products, and convince customers to make purchases.

The enclosed document is a non-exclusive sales representative agreement. This means that the company is entitled to hire additional representatives to sell the same products perhaps even in the same geographical area.

Each commission agreement should include the following info: Names of both signing parties. The legal relationship between the parties. Employment date. Non-compete clause. Commission structure. Potential base salary. Non-disclosure clause.

The difference between exclusive and non-exclusive agreement refers to how vendors and partners work with each other. Exclusive agreements exclude competitors for a set period of time, while non-exclusive agreements allow for competitors, often as motivating tools.

Not belonging to a particular individual or groupa nonexclusive deal.

A sales representative contract, sometimes known as a sales representative agreement, is a contract between a company and the contractor performing sales and marketing services on behalf of the company.

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Pima Arizona Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates