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Referral Agreement Template

A legal framework for individuals or entities to earn commissions by referring new business or clients.

PREVIEW MODE

REFERRAL AGREEMENT

This Referral Agreement (the "Agreement") is made between the Company and the Referrer (collectively, the "Parties").

1. Referral Services

The Referrer agrees to introduce potential clients to the Company. A "Qualified Lead" is defined as a new client who enters into a binding contract with the Company as a direct result of the Referrer’s introduction.

2. Commission and Payment

* Commission: The Company shall pay the Referrer [X]% of the net revenue received from a Qualified Lead.

* Payment Terms: Commissions will be paid within 30 days of the Company receiving payment from the client.

3. Relationship of Parties

The Referrer is an independent contractor. Nothing in this Agreement creates a partnership, joint venture, or employment relationship.

4. Confidentiality

The Referrer shall maintain the confidentiality of all proprietary information shared by the Company during the term of this Agreement.

5. Termination

This Agreement may be terminated by either party with 7 days' written notice.

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IN WITNESS WHEREOF, the Parties have executed this Agreement.

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Expert Analysis

A Referral Agreement (or Finder's Fee Agreement) protects both the referrer and the company by outlining how leads are qualified and rewarded.

Template Actions

Key Provisions

Commission Structure
Specifies the percentage or flat fee paid for each successful conversion.
Referral Period
Defines how long a lead remains 'owned' by the referrer after the initial introduction.
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