This commission agreement (hereinafter referred to as the "Agreement") is made and entered into as of [Date], by and between [Company Name], a company incorporated under the laws of [Country/State], with its principal place of business at [Address] (hereinafter referred to as the "Principal"), and [Agent Name], residing at [Address] (hereinafter referred to as the "Agent").

WHEREAS, the Principal desires to engage the Agent to act as an independent sales representative for its products/services in certain territories; and

WHEREAS, the Agent is willing to accept such engagement on the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

1. Appointment of Agent: The Principal hereby appoints the Agent as its exclusive sales representative for the purpose of promoting and selling the Principal’s products/services within the territory described as [Territory Description]. The Agent accepts this appointment subject to the terms and conditions of this Agreement.

2. Duration of Agreement: This Agreement shall commence on the date first above written and shall continue for a period of [Number] months unless terminated earlier in accordance with the provisions hereof. Upon expiration of the initial term, this Agreement shall automatically renew for successive periods of [Number] months unless either party provides written notice of termination at least [Number] days prior to the end of any renewal period.

3. Compensation: As compensation for the services rendered by the Agent hereunder, the Principal agrees to pay the Agent a commission of [Percentage]% of the total sales price of all products/services sold by the Agent during the term of this Agreement. Payment shall be made within [Number] days after the end of each calendar month in which such sales were made.

4. Confidentiality: Both parties acknowledge that they may have access to confidential information belonging to the other party. Each party agrees to keep such information strictly confidential and not to disclose it to any third party without the prior written consent of the disclosing party.

5. Termination: Either party may terminate this Agreement upon providing [Number] days' written notice to the other party. Additionally, the Principal may terminate this Agreement immediately if the Agent breaches any material provision of this Agreement or fails to perform its obligations hereunder.

6. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of [Country/State]. Any disputes arising out of or related to this Agreement shall be resolved through arbitration in [City], in accordance with the rules of the [Arbitration Institution].

IN WITNESS WHEREOF, the parties hereto have executed this Commission Agreement as of the day and year first above written.

[Principal Signature]

Name:

Title:

[Agent Signature]

Name:

This template serves as a basic framework for a commission agreement and should be tailored to fit the specific needs and circumstances of the parties involved. It is always recommended to consult with a legal professional before finalizing any contractual agreement.