All sales resulting from the main effort of the salesperson are taken into account for this commission. The order of sale should have been registered by the manufacturer as a valid sale related to the commercial. The manufacturer should calculate the commission due and transfer it to the company. Sales credit to the commercial is the commissions collected by the company. B. Restitution of materials. All trademarks, trade names, patents, copyrights, drawings, drawings, formulas or other data, photos, demonstrators, literature and sales aids of any kind remain the property of the company. Within 10 days of the end of the agreement, Rep returns all these items to the company at Rep`s expense. Rep cannot make or keep copies of confidential articles or information that could have been entrusted to it. With the end of this agreement, Rep ceases to use all of the company`s trademarks, trademarks and trade names. The Commercial-Rep agreement is a legal contract between an organization or company and/or an individual who sells, manufactures or markets a product or service and a seller who sells his product or service for a specified fee.
This agreement sets out the recitals, conditions and conditions for the recruitment of an independent sales agent on behalf of the company. Commission charge-back. The company has the absolute right to make concessions, to make such compensation and adjustments in order to accept such customer returns and to depreciate outstanding receivables as rotten claims, as they deem desirable. In this case, the entity will refund from Rep`s account any amount previously paid or credited for these non-performing bonuses, allowances, adjustments, returns or liabilities. However, the company agrees that the amount of an account granted to a customer and billed to a Customer must not exceed the sale price. Payment to Rep after receiving payments from the customer and for the agreed percentage eliminates most of these disputes that the parties recognize here. The above conditions form the whole agreement between the parties and reject any prior communication or agreement regarding the purpose of this agreement. There are no written or oral agreements directly or indirectly related to this agreement that are not set out here. This agreement can only be amended in writing and signed by both parties.
Rep will do its best to promote products and maximize the sale of products in the territory. Rep will also provide the company with appropriate support for promotional activities in the territory, such as fairs, product presentations, sales interviews and other company activities regarding products. Rep will also provide adequate “after-sale” support to product buyers and will generally carry out sales-related activities that are reasonable to promote the company`s products and value in the territory where the business is located. Rep reports weekly to the company on the sale of products and competitive display prices. Rep will devote sufficient time and effort to fulfill its obligations. Rep is not allowed to promote products outside the country, nor to request sales from buyers outside the territory without the company`s prior approval. If you are a company about to hire a salesperson to improve your sales, you should get a sales contract. The document allows you to outline the terms of your independent contracting relationship, agree on the distribution services provided, payment details and more. Perhaps you would also like to include non-compete and confidentiality clauses so that trade secrets do not fall into the wrong hands.