Sales Employment Agreement Template (Page 3 of 7) in pdf

compensation paid to the Employee such other deductions as authorized by the Employee or by a court

of competent jurisdiction.

ARTICLE V: OTHER BENEFITS AND EXPENSES. The Employee shall be entitled during the

term of this agreement to participate in all health insurance and benefit plans, group insurance or other

plan or plans providing benefits generally applicable to the employees of the Company who are

currently in existence or those who hereafter may be adopted by the Company.

Once the Employee shall be deemed a “successful salesperson”, said determination to be at the

sole discretion of the Company as applied to all salespeople, the Employee may draw for expenses up to

_____________________________________________ dollars ($______________) per month, the said

draw amount being subject to change as long as the said change applies to all “successful salespeople" at

the sole discretion of the Company. The Employee shall submit evidence of the said expenses on no less

than a monthly basis with the difference between the monthly draw and the actual verified expenses

being returned to the Company within thirty (30) days of notice.

ARTICLE VI: PRICES AND SERVICE. The Employee shall sell the Company's __________

___________________ at the price and under the terms and conditions established by the Company.

Said prices, terms and conditions may, from time to time, be changed and/or modified by the Company

at its sole discretion. The Employee shall not at any time enter into any contract with any person, firm or

corporation that shall purport to bind the Company in any manner whatsoever without written authority

from the Company and any such contract entered into by such Employee shall not be binding upon the

Company. The Company specifically reserves the right to reject any application or contract or to cancel

any application or contract or part thereof even after acceptance, for credit reasons or for any other

reason whatsoever that the Company deems appropriate.

ARTICLE VII: TERMINATION. In the event of the death of the Employee, the Company shall

pay to the representative of the Employee's estate all funds due to the Employee to the date of death. In

the event that the Employee becomes disabled because of physical or mental disability as to be unable to

perform the services required by this agreement and such disability continues for ________ (_____)

days, the Company may, at or after the expiration of such _________ (_____)-day period and provided

the Employee's incapacity is then continuing, terminate the Employee's employment under this

agreement. It is expressly understood that the inability of the Employee to render services to the

Company by reason of illness, disability or incapacity or any cause beyond his or her control shall not

constitute a failure by the Employee to perform his or her obligations hereunder and shall not be

considered a breach or default under this agreement.

In the event that the Employee violates any of the provisions of this agreement or performs any

act or does anything by which the Company shall incur liability, then, at the option of the Company, this

contract shall at once cease and the Company shall be under no obligation to the Employee, except to

pay the Employee for such services as may have been performed up to the date of termination of this

agreement as herein provided. In the event that the Employee violates any of the provisions of this

agreement or fails to perform the services required of the Employee by this agreement, then at the option

of the Company, this agreement shall at once cease and become null and void and the Company shall be

under no obligation to said Employee except to pay the Employee such compensation as he or she may

be entitled to receive up to the time of such termination.

In the event that the Employee becomes insolvent and unable to pay his or her debts in full or

files a petition in bankruptcy or is adjudicated a bankrupt, this agreement shall at once cease and become

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