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- 1 - COMMISSION AGREEMENT This agreement is entered into by and between __________________, hereinafter referred to as "Company", and __________________, hereinafter referred to as "Agent".For and in consideration of the mutual promises contained herein, the Company and Agent do hereby covenant, contract and agree as follows: 1. AGENCY: Subject to the terms of this agreement, Company does hereby appoint Agent as its exclusive agent for the following purposesnon-exclusive agent for the following purposes: (a) 2. RELATIONSHIP: Company and Agent agree that agent is an independent contractor and shall pay his or her own employment, income and other taxes as well as all insurance. 3. DUTIES: Agent shall perform the following duties in reference to this agreement:(a) Agent shall not be authorized to bind Company to any agreement or contract until Agent obtains the written consent to same by [name of individual]: _____________ of the Company. 4. COMMISSION: Company shall pay unto Agent for his or her services the following commission percentage: ________ % on total sales. Other details: _________________________________________________________ 5. EXPENSES: Not applicableAs part of the compensation to Agent, Company shall also be reimbursed for the following expenses: (a) [state expenses to be paid] ____________________________________________ 6. EXCLUSIONS: Not applicable or Excluded from this agreement are all existing written agreements in place at the time of the execution of this agreement with other agents. 7. TERM: This agreement shall extend for a period of ________ from the date hereof. 8. RENEWAL: This agreement shall be automatically renewed in ________ increments unless either party gives ________ days written notice of their intent not to renew to the other prior to the expiration of any ________ contract period. 9.
Effect of death, resignation or termination of employment: not applicable to this agreement. 10. Notice: no notice shall be required nor shall any cause exist, whether formal or voluntary, that in any way waives or abrogates this agreement. 11. Entire agreement: shall be completed and executed by both parties hereto, and each parties shall have a true, valid, current and irrevocable copy thereof, which agreement shall supersede any other written or oral agreement or understanding between them regarding the same subject, not to include, but not limited to, the terms and conditions of the contracts entered into between them. 12. Severability: this agreement may be executed in multiple identical copies by separate written instrument if two or more of the terms and conditions herein shall be waived to another in any signed written agreement. 13. Waivers: except with regard to section 11 (the terms and conditions of the commissions and other agreements between company and agent not contained herein, which waiver is hereby expressly negatived) as to which waiver is expressly negatived as an exception or exception and not otherwise and to section 5 (excluded sales) which waiver is expressly negatived. 14. Miscellaneous: any modification, extension or repeal of this entire agreement shall only apply to the extent that such action by the parties does not conflict in any material respects with the original terms and conditions of this agreement or such modification, extension or repeal shall be done in an identical manner to the original so that the agreement thereunder shall be deemed and treated as an extension only in the event of any conflict to the extent that such conflict is not agreement is between company and agent and shall be binding upon each party, the parties acknowledge and agree as follows: (a) company agrees that the terms and conditions of this agreement are without prejudice to its rights with respect to such other agreements between company and agent and that the provisions of this agreement will apply to them to the same extent and with the same effect as such provisions apply to this agrees to reimburse agent for any fees he may have paid, or he reasonably anticipates to have paid herein prior to the execution of the commission agreement as agent for company which are in addition to the actual compensation agent received on commission.(b) agent agrees that he accepts this agreement on the terms and conditions set forth in this agreement and does further agree and recognize that, in executing this agreement, he is waiving any other agreement, any commission agreement and every other contract and obligation between company and agent for which this