Commission - based on actual revenue (optional clause)

Commission - based on actual revenue (optional clause)

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This document is an optional clause for payment by commission. This clause is designed for inclusion in an employment contract, for employees who are entitled to receive, or eligible to participate in, a commission payment structure. This clause should be used where the commission is based upon revenue created by the employee.

For an optional clause for commission based on actual sales, see the separate precedents “Commission - based on actual sales (optional clause)”.

For an employment agreement, see the separate precedent collection, including the “Basic employment agreement (short form)” and “Basic employment agreement (long form)”. Clauses should be adapted to ensure consistence of terminology, particularly in relation to defined terms.

This document has been authored for Lexis Nexis and is authorised by Joe Catanzareti, Partner, Clayton Utz, Sydney and updated by Brooke Pendlebury, Principal, Pendlebury Workplace Law, Sydney.

This document is prepared with the assistance of Specialist Editor Justine Turnbull, Partner, Seyfarth Shaw Australia.