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Buyer Referral Agreement
"I need a Buyer Referral Agreement for my financial services company in Sydney, with a focus on high-value client referrals and including strict confidentiality provisions and a tiered commission structure based on investment amounts."
1. Parties: Identifies and defines the parties to the agreement - typically the referrer and the business receiving referrals
2. Background: Sets out the context of the agreement and the parties' general intentions
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Scope: Establishes the referrer's role and the scope of referral services
5. Referral Process: Details the specific process for making and accepting referrals
6. Compensation: Outlines the referral fees, commission structure, and payment terms
7. Obligations of Referrer: Lists the referrer's duties, responsibilities, and service standards
8. Obligations of Business: Details the business's commitments and responsibilities regarding referred customers
9. Term and Termination: Specifies the agreement duration and termination provisions
10. Confidentiality: Addresses the handling of confidential information shared between parties
11. Privacy and Data Protection: Covers the management and protection of customer data
12. General Provisions: Contains standard legal provisions including governing law, notices, and amendment procedures
1. Non-Compete: Restrictions on the referrer's ability to work with competitors - include when exclusivity is required
2. Training and Support: Details of training provided to referrer - include when the business offers specific training programs
3. Marketing and Branding: Guidelines for using the business's brand - include when referrer will engage in marketing activities
4. Insurance Requirements: Specific insurance obligations - include for high-risk or regulated industries
5. Dispute Resolution: Detailed dispute resolution procedures - include for high-value or complex arrangements
6. Compliance Requirements: Industry-specific compliance obligations - include for regulated industries
7. Performance Metrics: Specific performance targets and measurement criteria - include when using performance-based compensation
8. Territory Restrictions: Geographic or market limitations - include when territorial exclusivity is granted
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates, tiers, and calculation methods
2. Schedule 2 - Referral Procedures: Step-by-step process for making and tracking referrals
3. Schedule 3 - Approved Marketing Materials: List of approved marketing materials and usage guidelines
4. Schedule 4 - Service Level Requirements: Specific performance standards and response time requirements
5. Appendix A - Referral Report Template: Standard format for reporting referral activities
6. Appendix B - Commission Report Template: Standard format for commission calculations and reporting
Authors
Real Estate
Financial Services
Professional Services
Technology
Healthcare
Education
Consulting
Insurance
Retail
Manufacturing
Business Services
Legal
Compliance
Sales
Business Development
Partnerships
Operations
Marketing
Finance
Risk Management
Client Services
Business Development Manager
Sales Director
Partnership Manager
Channel Manager
Legal Counsel
Compliance Officer
Marketing Manager
Operations Manager
Account Executive
Chief Revenue Officer
Sales Operations Manager
Referral Program Coordinator
Business Owner
Managing Director
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