Sales Representative Agreement: Flat Sales Commission Rate Clause | Practical Law
Standard Clause to be used in a sales representative agreement between an independent sales representative (sales rep) and a supplier (such as a manufacturer, producer, distributor, wholesaler, reseller, importer, or other seller of goods). The supplier agrees to pay the sales rep a flat commission rate based on either a specified percentage of the net sales price (or net invoice amount of goods sold), or a fixed fee for each unit of goods sold. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.