Financial contracts

A commission agreement is a formal contract between an employer and a salesperson that outlines the terms for earning commissions based on sales performance. It specifies how commissions are calculated, the payment schedule, and other important terms to ensure both parties understand their compensation structure and obligations.

A payment agreement template is a pre-formatted document that outlines the terms and conditions of a payment plan between a debtor and a creditor. This legal document ensures both parties understand their obligations and the payment schedule, providing a clear framework for repaying a debt.