Legal Question in Business Law in Virginia

sales commission plan changing just before deal closes
I am working in software sales for a
fast growing company, and I am
about to close a major deal, one of
the largest in the company's history.
I have been working the deal for over
six months, and the final amount of
the deal has been known for over
three months. Now, just as the deal
is about to close, my company is
trying to institute a new comp plan
that will effectively reduce my
commission by over $150K on this
deal alone. I understand that they
claim the right to change the plan
anytime, but the timing of this is
obviously designed to specifically
reduce my commission on a deal that
they have known would close for
months. Do I have any recourse?

Asked on 5/28/08, 10:24 pm

Michael Hendrickson Law Office Michael E. Hendrickson

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0 attorneys agreed

Re: sales commission plan changing just before deal closes

Since the deal has apparently not yet been completed and consequently your commission not yet earned, probably not.

Answered on 5/29/08, 8:29 am

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