Description and usage
Commission Agreement An agreement between a company and a "consultant" where the company, which is likely to be a manufacturer or distributor, pays the consultant a commission on business introduced by the consultant. This agreement contains 8 clauses covering - appointment
- duties of consultant
- commission
- duration
- agency
- confidentiality
- law and disputes
- a general clause addressing notices, language and the scope of the agreement
This is a general purpose agreement for use by an individual or company who, in return for a commission, introduces business to a third party. This is not a formal agency agreement but is more suited to a 'one-off' arrangement between someone who has good contacts in a particular area and a company wishing to sell into that area. The contract has a fixed but renewable duration and is subject to confidentiality, with an arbitration clause in the event of disputes. You need this document if you want to appoint a consultant on fixed amounts and payment terms for commission. What's in it? - See detailed Explanatory Notes below
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