Sales Representative Agreement: Commission Payment Terms (Pro-Sales Representative) | Practical Law

Sales Representative Agreement: Commission Payment Terms (Pro-Sales Representative) | Practical Law

A Standard Clause for use in a sales representative agreement for the sale of goods under which the supplier, distributor, reseller, or other seller of goods allows an independent contractor sales representative to collect sales proceeds directly from the customer, deduct the sales representative's commission, and forward the balance of the proceeds to the supplier. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

Sales Representative Agreement: Commission Payment Terms (Pro-Sales Representative)

Practical Law Standard Clauses 9-523-6140 (Approx. 11 pages)

Sales Representative Agreement: Commission Payment Terms (Pro-Sales Representative)

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Standard Clause for use in a sales representative agreement for the sale of goods under which the supplier, distributor, reseller, or other seller of goods allows an independent contractor sales representative to collect sales proceeds directly from the customer, deduct the sales representative's commission, and forward the balance of the proceeds to the supplier. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.