Commission Contract Letter
October 29, 2050
Jane Doe
Sales Manager
ABC Corporation
456 Corporate Blvd
Industry Town, IT 67890
Dear Jane,
Commission Contract Agreement
This letter serves as a formal agreement between John Smith (hereafter referred to as "Agent") and ABC Corporation (hereafter referred to as "Company") regarding the terms and conditions of the commission for services rendered.
1. Services Provided
The Agent will provide sales and marketing services to promote the Company’s products, including but not limited to:
2. Commission Structure
The Company agrees to pay the Agent a commission of 10% on all sales generated by the Agent. Commission payments will be made monthly and will be calculated based on the total sales amount before taxes.
3. Payment Terms
Commission payments will be made to the Agent within 30 days of the end of each month. Payments will be made via bank transfer to the Agent's designated account.
4. Duration of Agreement
This agreement will commence on November 1, 2050, and will continue until terminated by either party with a 30 days written notice.
5. Confidentiality
The Agent agrees to maintain confidentiality regarding any proprietary information or trade secrets obtained during the course of this agreement.
6. Governing Law
This agreement shall be governed by the laws of the State of Businessland.
Please sign and return a copy of this letter to indicate your acceptance of the terms outlined above.
Thank you for the opportunity to work together. I look forward to a successful partnership.
Sincerely,
[Your Name]
[Your Company Name]
Acknowledgment of Agreement
I, Jane Doe, hereby agree to the terms and conditions outlined in this Commission Contract Agreement.
Jane Doe
[Date]
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