Commission Agreement

A commission agreement is a contract between a person or company and a sales representative or agent, where the agent agrees to sell products or services on behalf of the company. In exchange, the agent earns a percentage of the sales they generate, known as a commission. The agreement outlines key details such as commission rates, payment terms, responsibilities, and the duration of the arrangement. It ensures both parties understand their roles and how earnings are calculated, helping to establish clear expectations and a professional relationship focused on sales performance.