Commission Agreement – one way

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COMMISSION AGREEMENT – ONE WAY

Summary

The Commission Agreement records an agreement whereby one person receives commission for introducing customers or “leads” to another person.  

Detail

Who should use this Commission Agreement?

Where one person introduces potential customers to another person, who will be delivering goods or services, in exchange for a lead or introductory commission, then this Lead Commission Agreement may be used to record the agreement between the parties.

What does the Commission Agreement say?

The Agreement strives to:

  • Generally define the roles of both the person identifying or sourcing customers, and the person delivering the goods or services
  • Provide for protection of confidential information
  • Set out the rights of termination of the contract
  • Set out the commission calculation in the event of either once-off sales, or recurring (for example monthly / retainer) sales.

What does the Commission Agreement look like?

  • The agreement can be printed onto two A4 pages

What do you need to do to use the Commission Agreement?

  • Read the document to ensure that it suits your requirements. Make changes as required.
  • Briefly state the nature of goods or services offered by the Supplier in clause 2.1
  • Complete both parties’ details (names and addresses) in clause 1, with the person supplying the goods or services as the Supplier, and the person introducing customers as the Associate
  • Complete the commission structure in clauses 6 and 7.
  • Get both parties to sign the document.

Also known as:

  • Lead Commission Agreement
  • Commission Contract
  • Lead Commission Contract
  • Introductory Commission Agreement
  • Introductory Commission Contract

 

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