Commission Agreement
This Commission Agreement is made between [Company name] (the "Company") and [Representative name] (the "Representative") as of the date of the last signature below.
1. Commission
The Company will pay the Representative [percentage] of the net amount received from each sale of [products or services] that the Representative brings in.
2. When it is paid
Commission is earned when the customer pays and is paid by the [15th] of the following month, with a statement. Commission on refunded or unpaid sales is deducted.
3. After this agreement ends
Commission is payable on orders placed before the end date and paid within [90] days after it.
4. Ending this agreement
Either party may end this agreement on [30] days' written notice, or immediately if the other materially breaches it and does not fix the breach within [10] days of notice. Amounts due for work done up to the end date remain payable.
5. General
This agreement is governed by the laws of [state]. It is the entire agreement between the parties on its subject and may be changed only in writing signed by both. It may be signed electronically and in counterparts.