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What should I think about for lead gen commission contract

DisLife

Contributor
User Power
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Sep 6, 2008
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Hi All,

I own a California based tech company. I'm working on expanding my sales funnel by farming out lead gens. I have my attorney working on writing up a contract, but I wanted to get a bit of feedback from some knowledgeable people about what things I should consider or account for. Any gotchas I need to include in the contract type of thing.

Here's a sample scenario of what I'm envisioning:
A company/person brings me a warm contact for my hosting service. The hosting service is a one year term for $2000 per month. I want to pay a commission to the company/person in the amount of $4000 after the hosting contract is signed. I want to protect my company before accepting a lead that 1) this is the only compensation they should expect and 2) payment is conditional on a signed contract.

Does that make sense?

Thanks,
Maynard
 
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