Sample Agreement for Commission Fees
This Agreement ("Agreement") is entered into on this [Date] by and between [Your Company Name], located at [Your Company Address], ("Party A") and DockLay, located at Grand Rapids, MI 49501 ("Party B"). Party A and Party B may be referred to individually as "Party" or collectively as "Parties".
1. Purpose
The purpose of this Agreement is to outline the terms and conditions under which Party B will receive commission fees for services rendered to Party A as described herein.
2. Services and Commission
2.1 Description of Services
Party B agrees to provide the following services: [Detailed Description of Services].
2.2 Commission
Party A agrees to pay Party B a commission of [Percentage]% of the net revenue generated from the services provided by Party B. This commission is exclusive of any taxes or additional fees.
2.3 Payment Terms
Party A shall pay the commission to Party B within [Number of Days] days after Party A receives payment from the client. Payment will be made via [Payment Method].
3. Term and Termination
3.1 Term
This Agreement shall commence on the effective date and shall continue until terminated as provided herein.
3.2 Termination
Either Party may terminate this Agreement with [Number of Days] days written notice. Additionally, this Agreement may be terminated immediately upon mutual consent of the Parties or for cause due to breach of any terms contained herein.
4. Confidentiality
Both Parties agree to keep confidential any private information disclosed during the term of this Agreement, including but not limited to, trade secrets, business strategies, and client information.
5. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
6. Entire Agreement
This Agreement constitutes the entire agreement between the Parties regarding its subject matter and supersedes any prior agreements, written or oral, relating to such subject matter.
7. Amendments
No modification or amendment of this Agreement shall be effective unless in writing and signed by both Parties.
Signatures
[Your Name]
DockLay
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