CHAPTER 339-E SALES REPRESENTATIVES AND POST-TERMINATION COMMISSIONS
Section 339-E:2
339-E:2 Contract. –
I. A sales representative and a principal shall enter into a written contract for services to be performed within this state by a sales representative. The written contract entered into pursuant to this section shall contain provisions which establish:
(a) The form of payment and the method by which such payment is to be computed and paid;
(b) Reasonable length of notice which either party must provide to the other for termination of the contract;
(c) The number of calendar days, up to a maximum of 45 days, after the date of termination or notification of death when all commissions due shall be paid; and
(d) Any other terms and conditions which the parties agree to include in such contract.
II. The principal shall provide the sales representative a signed copy of a written contract entered into pursuant to this section.
III. A provision in the contract establishing venue for an action arising under the contract in a state other than this state is void.
Source. 1989, 244:1. 1990, 185:2, eff. June 26, 1990.