This agreement is for a term of years and terminable at will after the initial term. Sales Representative is to receive a residual commission for sales to new customer (those he brings to the Company) for a certain number of years after this Agreement has expired or been terminated. The appointment of sales representative is nonexclusive since the sale representative will sell for more than one company.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
King Washington Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates Description: The King Washington Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates is a comprehensive legal document that outlines the terms and conditions for individuals or entities who wish to enter into a sales representative relationship with King Washington. This agreement ensures that both parties are protected and sets forth the responsibilities, rights, and compensation structure between King Washington and its sales representatives. Keywords: 1. King Washington: This term refers to the company or organization that is offering the sales representative agreement. 2. Sales Representative: This keyword highlights the importance of the sales representative's role in promoting and selling King Washington's products or services. 3. Agreement: The agreement is a legally binding document that establishes the terms and conditions of the sales representative relationship. 4. Residual Payments: Residual payments indicate that sales representatives will receive additional compensation for new customers even after the termination of the initial contract. 5. New Customers: This keyword emphasizes that the residual payments are specifically related to acquiring new customers for King Washington. 6. Contract Terminates: This term signifies the conclusion or expiration of the sales representative agreement. Types: There are several types of King Washington Sales Representative Agreements with Residual Payments for New Customers after Contract Terminates, including: 1. Product Sales Representative Agreement: This type of agreement focuses on sales representatives promoting and selling specific products offered by King Washington. 2. Service Sales Representative Agreement: This type of agreement pertains to sales representatives who are responsible for promoting and selling services offered by King Washington. 3. Exclusive Sales Representative Agreement: In this type of agreement, the sales representative is granted exclusive rights to sell King Washington's products or services within a specific territory or market. 4. Non-Exclusive Sales Representative Agreement: This agreement allows multiple sales representatives to sell King Washington's products or services simultaneously, without territorial restrictions. These various types of agreements cater to different sales representative arrangements and ensure that terms and compensation structures align with the specific sales goals and targets set by King Washington.King Washington Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates Description: The King Washington Sales Representative Agreement with Residual Payments for New Customers after Contract Terminates is a comprehensive legal document that outlines the terms and conditions for individuals or entities who wish to enter into a sales representative relationship with King Washington. This agreement ensures that both parties are protected and sets forth the responsibilities, rights, and compensation structure between King Washington and its sales representatives. Keywords: 1. King Washington: This term refers to the company or organization that is offering the sales representative agreement. 2. Sales Representative: This keyword highlights the importance of the sales representative's role in promoting and selling King Washington's products or services. 3. Agreement: The agreement is a legally binding document that establishes the terms and conditions of the sales representative relationship. 4. Residual Payments: Residual payments indicate that sales representatives will receive additional compensation for new customers even after the termination of the initial contract. 5. New Customers: This keyword emphasizes that the residual payments are specifically related to acquiring new customers for King Washington. 6. Contract Terminates: This term signifies the conclusion or expiration of the sales representative agreement. Types: There are several types of King Washington Sales Representative Agreements with Residual Payments for New Customers after Contract Terminates, including: 1. Product Sales Representative Agreement: This type of agreement focuses on sales representatives promoting and selling specific products offered by King Washington. 2. Service Sales Representative Agreement: This type of agreement pertains to sales representatives who are responsible for promoting and selling services offered by King Washington. 3. Exclusive Sales Representative Agreement: In this type of agreement, the sales representative is granted exclusive rights to sell King Washington's products or services within a specific territory or market. 4. Non-Exclusive Sales Representative Agreement: This agreement allows multiple sales representatives to sell King Washington's products or services simultaneously, without territorial restrictions. These various types of agreements cater to different sales representative arrangements and ensure that terms and compensation structures align with the specific sales goals and targets set by King Washington.
