SampleInvestmentTradingBrokerCommissionPlan

Template

Industry:InvestmentTrading

CellarStone,Inc. Producers ofQCommission

To properly calculateand payfor this commission plan, pleasecontact

Note: thisdocumentisintended purely as asampleplan.Itis notintendedtoprovideaccountingor legaladviceofany form.Please consult youraccountantandlawyer priortocreatingyour ownversionofthe compensationplan.

iInvestmentTradingBroker Compensation

Agreement

RevisionDate:ii

This document describesthe agreement betweeniii______(“Company”)andiv (“Broker”) regardingterms related to compensation.

Companyand Repenterinto this agreement wherebyBroker provides sales services to the

Companyin returnfor compensation specified in this agreement.

Duration:

This agreementcovers theperiod startingfromv and ends on

.

All commissions will becalculatedand paid onceeverymonth, forthe preceding month. Commissions willbe calculated and paidout as part ofthe next payoutcycle, following the month forwhich commissions arecalculated.

Base Pay:

viSales Rep's basesalary(if any) is specified as part ofaseparateagreement.

SalesCompensation:

Targetedsalescompensationforthefullyearisvii .Thesalescompensation is notcapped.

Other Compensation:

SalesRepwillbepaidforalltravelandlodgingexpensesrelatedtosalesactivities. Autotravel willbereimbursed at the current federal reimbursement rateviii(Currently$0.56cents per mile).

SalesRepswillberequiredtomaintainacellphoneaspartofconductingsales business.Sales Rep willbeprovided anallowanceofix$50permonth for cellphone usage.

Client entertainment expenses willbereimbursed as following: Meals: Reimbursable with receipts.

Special Events: Mustbepre-approved. Reimbursable with receipts.

Expenseswillbereimbursedwithin 30 daysof beingpresented withthereceiptsand a completed expensereimbursement form.

Territory:Rep gets direct creditforallclients assigned to. Assignment of clients to reps can beby Client, Sector orlocation

InvestmentCommission:

Sales Credits:

Sales Commission is paid to theRep based on thesale ofthe followingproductsthat the

Rep is involved in directly:

 Stock Trades

 Bond Trades

 DerivativeTrades

 Options trades

 Futures trades

 Commoditiestrades

Rep getscreditforspecific clients or specificlocations within clients. Rep earns commissions onlywhenatradeis completed.

Calculation:

Sales credits are provided to the Rep.Incoming commission/Revenueto thefirm is calculated bymultiplying a commission rate bythe number ofshares sold.

Sales rep’s commission rate is then applied on this incomingcommission due to the Rep.

CommissionRate: 25%

Example:

AssumingRep completesthe followingTrades in thefirst month-

Stock / # of Shares / Comm. Rate Revenue
INTC / 100,000 / 0.05 $5,000

Commissions willbe calculated as following:

INTC $5,000at 25% =$1,250

DebtCommission:

Sales Credits:

Sales Commission is paid to theRep based on thesale ofthe followingproducts that the

Rep is involved in directly: Bond Trades

Rep getscreditforspecific clients or specificlocations within clients. Repearns commissions onlywhenatradeis completed.

Calculation:

Sales credits areprovided to the Rep.Incomingrevenue to thefirm is calculated by findingthe differencebetween the buy and sellportions of the transactio

Sales rep’s commission rate is then applied on this incomingcommission due to the Rep.

CommissionRate: 10%

Example:

AssumingRep completesthe followingTrades in thefirst month- Stock Amount Trade

GE8.75 $100,000 Buy

GE9.65 $110,285 Sell

Spread $10,285

Commissions willbe calculated as following:

GE8.75 $10,285 at 10% =$1,028.5

Cap:

Thereis no cap on anypayouts to theRep.

OtherCompensation:

Rep is notdue anyothercompensation.

Termination ofAgreement:On voluntaryor involuntarytermination ofRepengagementwith theCompany, commissions willbepaidon transactions dated priorto thetermination dateonly. Any

Amounts owed to the Repwillbe accordingto regulations after withholdingtaxes and

Otherdues.

OtherTerms:

1.Rep agrees to follow allFederal andLocal lawswhile engaged in providing services to theCompanyduringthe period ofthisagreement.

2.Rep shallrepresent theproducts of the companypositivelyand with thehighest standards.

3. Rep shallusethe most ethical practices while engagingin anysales activity.

4.Rep agrees to protect allconfidential material includingprospect data, sales data, and client information belongingto theCompanyand shalltake all reasonable carein makingsurethatsuch confidential material is not disbursed to anyone outsidethe company.

5. This entireagreement shallbegoverned bythelaws ofthe State of .

Company Rep

By By

Name Name

Date Date

iAnypartofthisagreementcanbechangedoroverriddenbasedonyourneeds

iiThisdate will give usinformationastowhenthisagreementwaswrittenanddistinguishitfromsimilar otheragreements.

iiiFilloutthecompanyname here

ivFilloutthepayee'sfullname here

vEnterthe startandenddate forthe salescommissionplaneffectiveperiod.Mostcompaniesusethe calendarorfiscalyearstartandenddate forthesevalues.Somecompaniesmaynothaveanenddate

specified.

viAlternativelyyoucanremovethis sectionorphraseitsuchasBasesalaryis specifiedinaseparate employmentagreement.

viiTargetedsalescompensationforthefull year

viiiSearchforcurrentIRS mileagerate.

ixYoucanputanyamountoryoumaycompletelyremoveitorchangebasedonyourneeds