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Exclusive Referral Agreement
"I need an Exclusive Referral Agreement for my fintech company where we'll be appointing a business consultant to refer potential clients to us in the London area, with a 15% commission structure and minimum referral targets, starting from March 2025."
1. Parties: Identification and details of the parties entering into the agreement
2. Background: Context and purpose of the agreement, including any relevant business relationship history
3. Definitions: Key terms used throughout the agreement and their specific meanings
4. Appointment and Scope: Terms of exclusive appointment and territorial scope
5. Obligations of Referrer: Core duties and responsibilities of the referring party
6. Obligations of Company: Core duties and responsibilities of the receiving party
7. Commission Structure: Payment terms, calculation methods, and timing of commission payments
8. Term and Termination: Duration of agreement and circumstances for termination
9. Confidentiality: Protection of confidential information and trade secrets
1. Non-Compete: Restrictions on competitive activities during and after the agreement term
2. Data Protection: GDPR compliance and data handling procedures for personal data processing
3. Intellectual Property: IP rights and usage permissions between parties
4. Force Majeure: Provisions for handling unforeseen circumstances affecting performance
5. Compliance with Laws: Specific regulatory compliance requirements for regulated industries
1. Commission Schedule: Detailed breakdown of commission rates and calculation methods
2. Territory Schedule: Detailed definition of geographical or market territories
3. Service Level Agreement: Performance metrics and standards for both parties
4. Referral Process: Step-by-step procedure for making and processing referrals
5. Reporting Templates: Standard forms for activity and commission reporting
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