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Lead Referral Agreement
"I need a Lead Referral Agreement for my financial advisory firm to receive client referrals from accounting practices across New South Wales, with a 15% commission structure and strict privacy controls for handling sensitive financial information."
1. Parties: Identifies and provides details of the referring party and recipient party
2. Background: Sets out the context of the agreement and basic premises of the referral arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Appointment and Scope: Establishes the referral relationship and defines its scope
5. Referral Process: Details the mechanics of how leads will be referred, including timing and format
6. Fees and Payment Terms: Specifies referral fees, calculation methods, and payment procedures
7. Obligations of Referrer: Sets out the referring party's duties and responsibilities
8. Obligations of Recipient: Details the recipient's duties in handling and pursuing leads
9. Confidentiality: Governs the treatment of confidential information shared between parties
10. Privacy and Data Protection: Ensures compliance with privacy laws in handling customer data
11. Term and Termination: Specifies duration of agreement and termination rights
12. General Provisions: Standard boilerplate clauses including governing law, notices, and amendment procedures
1. Non-Compete: Restricts parties from competing activities - used when parties operate in similar markets
2. Service Levels: Establishes performance metrics - relevant for high-volume referral arrangements
3. Marketing and Branding: Controls use of parties' brands - important when public promotion is involved
4. Audit Rights: Grants right to audit referral records - useful for complex fee structures
5. Training and Support: Details any training requirements - relevant when specific expertise is needed
6. Insurance Requirements: Specifies required insurance coverage - important in high-risk industries
7. Dispute Resolution: Sets out specific dispute resolution procedures - useful for high-value arrangements
1. Schedule 1 - Fee Schedule: Detailed breakdown of referral fees and commission structures
2. Schedule 2 - Referral Process: Step-by-step process flow and technical requirements for making referrals
3. Schedule 3 - Approved Lead Criteria: Specific criteria that qualify as valid leads
4. Schedule 4 - Reporting Requirements: Templates and specifications for required reports
5. Schedule 5 - Contact Details: Key contact information for both parties
6. Appendix A - Data Protection Requirements: Detailed privacy and data handling procedures
7. Appendix B - Service Level Requirements: Detailed performance metrics and measurement methods
Authors
Financial Services
Real Estate
Professional Services
Insurance
Technology
Healthcare
Education
Consulting
Legal Services
Accounting
Mortgage Broking
Construction
Telecommunications
Business Development
Sales
Partnerships
Legal
Compliance
Operations
Marketing
Commercial
Account Management
Channel Management
Business Development Manager
Sales Director
Partnership Manager
Chief Commercial Officer
Marketing Manager
Account Manager
Channel Manager
Referral Program Coordinator
General Counsel
Legal Counsel
Compliance Officer
Operations Manager
Chief Executive Officer
Managing Director
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