NGSOFT :Products Sales Agency Agreement

Date:

1.0 PARTIES TO THE AGREEMENT

2.0 THE AGREEMENT

The Parties agree that NGSoft Services Limited (Principal) authorizes the Sales Agent to:

3.0 THE SALE

Prices of products/services will be set by NGSoft, and promotional materials will be provided to the Sales Agent.

4.0 MARKET SETTINGS & COMPENSATION

The parties agree that the prices of the product/services will be set by the NGSoft-principal, who will provide the promotional materials for the sales agent to use and to obtain sales, the NGSoft-principal will provide a sales agreement to be used in the sale of the product/services. The parties agree that the project compensation, shall be set in a promotional model, in which agents work on set market targets and compensated by commissions from sales invoice at point of sale, based on the set targets achievements on the levels and status list attached in the addendum documents.

5.0 GENERAL TERMS

The Agreement is effective on the signing date and ends on the Agreed Date. The Agreement may be extended with written consent.

Promotional Table

Marketing & Operations Settings

Relationship Time Frame Status Teams Supplies Target Clients Sales Comm. (%) Monthly (₦)
Intern 1 - 8 Wks Prospects Team Of 4+ Mrktng Materials 100 20% 150,000.00
Marketer 9 - 24 (16 Wks) Team Team Of 16+ Mrktng Materials 500 25% 250,000.00
Snr Marketer 25 - 50 (25 Wks) Corporate Teams & Staffs Mrktng Car 1.500 30% 500,000.00
Partner YR 1 Yr (52 Wks) Corporate Reg. Company Own Settings 15,000 35% 750,000.00
Snr Partner After 2 YRS Onward Product Mgrs. Co-Investor Office & Official Car 25,500 Negotiable Negotiable

6.0 SIGNATURES

Date Picker