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How to fill out outside sales representative agreement

How to fill out outside sales representative agreement

1. Begin by stating the date and the parties involved in the agreement, i.e., the company and the sales representative.
2. Include a brief introduction that outlines the purpose of the agreement and the responsibilities of the sales representative.
3. Outline the terms and conditions of the agreement, including the length of the agreement, commission structure, and any exclusivity or non-compete clauses.
4. Clearly define the sales representative's duties and responsibilities, including the territory they are responsible for and any sales targets they must meet.
5. Specify how the sales representative will be compensated, including the commission structure or base salary plus commission.
6. Include any confidentiality or non-disclosure agreements that the sales representative must adhere to.
7. Specify how disputes or conflicts will be resolved, whether through arbitration or litigation.
8. Include any additional terms or conditions that are relevant to the agreement.
9. Leave space for the signatures of both the company and the sales representative, along with the date of execution.
10. Make copies of the signed agreement for both parties and keep them on file for future reference.

Who needs outside sales representative agreement?

1. Any company that relies on outside sales representatives to generate revenue and expand their customer base needs an outside sales representative agreement.
2. This includes companies in industries such as real estate, insurance, pharmaceuticals, technology, and manufacturing, among others.
3. Having a written agreement helps protect the rights and interests of both the company and the sales representative, ensuring clarity and transparency in their working relationship.
4. It also helps establish the terms of employment, compensation, and any obligations or restrictions on both parties.

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