Sales Rep Work Agreement

The main objectives of the use of trade agreements are numerous and this agreement has advantages for both the employer and the workers. As a company, you need to define in this agreement what you expect from your sales reps and how to fulfill their missions and responsibilities. This agreement also helps employers to control their employees through non-competition rules and confidentiality conditions. This means that a salesperson who wishes to leave the company does not divulge trade secrets and information with other companies. On the other hand, from a seller`s point of view, this agreement also benefits field agents. This agreement allows you to negotiate with the employer the terms of salary or income and claim the commission or bonus that the employer has granted you on each sale. An example of “for convenience” would be for the company to decide that it no longer wishes to use the representative`s services. In both scenarios, there should be a clear termination procedure and appropriate notification provisions. The first point that needs to be clarified in a commercial contract, even if it has already been discussed, is whether the representative is an independent contractor or an employee. Sales reps are familiar with a lot of information that their companies want to keep confidential….