Sales commission agreement is a binding agreement, whereby a person or company acts as a sales agent on behalf of the other party, namely the principal. It’s essentially a principal – agent relationship. The relationship is such that the sales person sell a product on behalf of the manufacturer, in turn earning a percentage of total billable amount as commission for his efforts, detail terms and conditions of which are outlined in a sales commission agreement. A sample sales commission agreement can be viewed and downloaded hereunder. You could view the said sample and have drafted for your business needs.
