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Reciprocal Referral Agreement
"I need a Reciprocal Referral Agreement between my IT consulting firm and a software development company in Munich, with a focus on cybersecurity projects and GDPR compliance, starting from March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and business relationship between the parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Agreement: Overview of the reciprocal referral arrangement and its boundaries
5. Referral Process: Detailed procedures for making and accepting referrals
6. Compensation Structure: Terms of payment, commission rates, and calculation methods
7. Obligations of Party A: Specific duties and commitments of the first party
8. Obligations of Party B: Specific duties and commitments of the second party
9. Data Protection and Confidentiality: GDPR compliance and handling of confidential information
10. Quality Standards: Minimum service levels and quality requirements for referred business
11. Term and Termination: Duration of agreement and termination provisions
12. Liability and Indemnification: Allocation of risks and responsibilities between parties
13. General Provisions: Standard clauses including governing law, notices, and amendments
1. Non-Solicitation: Restrictions on directly soliciting referred clients, used when parties want to protect their client base
2. Exclusivity: Terms for exclusive referral relationships, included when parties agree to work exclusively
3. Marketing and Branding: Guidelines for using each other's brands, needed when joint marketing is planned
4. Dispute Resolution: Specific procedures for resolving conflicts, important for international agreements
5. Compliance with Industry Regulations: Specific regulatory requirements, needed for regulated industries like financial services
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term agreements
7. Insurance Requirements: Specific insurance coverage requirements, important for high-risk industries
1. Schedule 1 - Referral Fee Structure: Detailed breakdown of commission rates and payment terms
2. Schedule 2 - Referral Process Workflow: Step-by-step process flow for making and handling referrals
3. Schedule 3 - Service Level Requirements: Detailed quality standards and performance metrics
4. Schedule 4 - Approved Marketing Materials: Templates and guidelines for co-branded marketing
5. Schedule 5 - Data Processing Agreement: Detailed GDPR-compliant data handling procedures
6. Schedule 6 - Contact Details: Key contacts and escalation procedures for both parties
7. Appendix A - Reporting Templates: Standard forms for tracking and reporting referrals
Authors
Professional Services
Financial Services
Technology
Healthcare
Real Estate
Insurance
Legal Services
Consulting
Information Technology
Business Services
Business Development
Legal
Compliance
Sales
Marketing
Operations
Commercial
Partnerships
Strategic Alliances
Client Relations
Business Development Manager
Partnership Manager
Chief Executive Officer
Managing Director
Legal Counsel
Compliance Officer
Sales Director
Marketing Manager
Account Manager
Operations Director
Commercial Director
Chief Commercial Officer
Strategic Alliance Manager
Channel Manager
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