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Referral Commission Agreement
"I need a Referral Commission Agreement for my Dubai-based real estate company to engage independent agents who will refer property buyers to us, with a tiered commission structure ranging from 2-5% based on property value and a minimum of 3 successful referrals per quarter."
1. Parties: Identification of the referrer and the company receiving referrals, including full legal names and addresses
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement, including 'Referral', 'Commission', 'Qualified Lead', etc.
4. Appointment and Scope: Details of the referrer's appointment and scope of referral services
5. Referral Process: Step-by-step process for making and accepting referrals
6. Commission Structure: Details of commission rates, calculation methods, and qualifying criteria
7. Payment Terms: Commission payment schedule, method, currency, and any conditions precedent
8. Obligations of the Referrer: Referrer's duties, responsibilities, and service standards
9. Obligations of the Company: Company's commitments regarding referral processing and commission payments
10. Term and Termination: Duration of the agreement and termination provisions
11. Confidentiality: Protection of confidential information and trade secrets
12. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Non-Compete: Restrictions on referrer's ability to refer to competitors - include when exclusivity is required
2. Intellectual Property: IP rights and usage guidelines - include when branding or materials are shared
3. Data Protection: Data handling and privacy requirements - essential when personal data is involved
4. Marketing and Promotion: Guidelines for marketing the referred services - include when referrer will conduct active promotion
5. Training and Support: Details of training provided to referrer - include for complex products/services
6. Insurance: Insurance requirements - include for high-value or regulated services
7. Compliance with Anti-Bribery Laws: Anti-corruption provisions - include for international referrals or government-related business
8. Force Majeure: Provisions for unforeseen circumstances - include for long-term agreements
1. Commission Rates Schedule: Detailed breakdown of commission rates for different products/services
2. Referral Process Flowchart: Visual representation of the referral process and timeline
3. Required Information Form: Template for submitting referral information
4. Approved Marketing Materials: Pre-approved marketing content and guidelines
5. Service Level Agreement: Specific performance metrics and service standards
6. Compliance Checklist: List of regulatory requirements and compliance procedures
7. Territory Schedule: Definition of geographical areas covered by the agreement
8. Commission Calculator: Detailed examples of commission calculations for different scenarios
Authors
Financial Services
Real Estate
Technology
Professional Services
Insurance
Healthcare
Education
Retail
Telecommunications
Management Consulting
Digital Marketing
Construction
Hospitality
Manufacturing
Logistics
Legal
Business Development
Sales
Compliance
Finance
Operations
Commercial
Marketing
Partner Relations
Contract Administration
Business Development Manager
Sales Director
Channel Partner Manager
Legal Counsel
Commercial Director
Partnership Manager
Chief Revenue Officer
Marketing Director
Compliance Officer
Account Manager
CEO
Managing Director
Operations Manager
Contract Administrator
Finance Manager
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