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Agent Referral Fee Agreement
"I need an Agent Referral Fee Agreement for my real estate consultancy business where we'll be referring clients to property developers, with a 5% commission structure and quarterly payments starting from March 2025."
1. Parties: Details of the referring party and recipient party
2. Background: Context of the referral arrangement and business relationship
3. Definitions: Key terms used throughout the agreement
4. Referral Terms: Core terms of the referral arrangement including scope and process
5. Fee Structure: Details of referral fees, calculation method, and payment terms
6. Obligations: Responsibilities of each party
7. Term and Termination: Duration of agreement and termination provisions
8. Confidentiality: Protection of confidential information
9. Governing Law: Specification of applicable law and jurisdiction
1. Non-Compete: Restrictions on competitive activities - include when protecting business interests from competition is crucial
2. Intellectual Property: Protection of IP rights - include when referrals involve branded or proprietary materials
3. Force Majeure: Provisions for unforeseen circumstances - include when long-term arrangements need protection against external events
4. Regulatory Compliance: Specific regulatory requirements - include when referrals involve regulated activities
1. Fee Schedule: Detailed breakdown of fee structures and calculations
2. Referral Process: Step-by-step process for making and handling referrals
3. Service Level Agreement: Performance metrics and service standards
4. Data Processing Agreement: Terms for handling personal data in compliance with GDPR
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