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Car Referral Fee Agreement
"I need a Car Referral Fee Agreement for my luxury car dealership in Ontario, establishing a 2% referral fee for successful sales, with quarterly payments and exclusivity requirements for referral partners who must be licensed automotive brokers."
1. Parties: Identification of the referrer, dealer/recipient, and their respective business details
2. Background: Context of the agreement and general purpose of the referral arrangement
3. Definitions: Key terms used throughout the agreement including 'Successful Referral', 'Referral Fee', 'Qualified Lead', etc.
4. Referral Process: Detailed description of how referrals should be made and documented
5. Qualification Criteria: Specific criteria that constitute a valid referral eligible for payment
6. Fee Structure: Amount or percentage of referral fees and calculation method
7. Payment Terms: Timing and method of payment, including any conditions precedent
8. Obligations of Parties: Responsibilities and duties of both the referrer and dealer
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Confidentiality: Protection of confidential information shared during the referral process
11. Representations and Warranties: Basic warranties about authority to enter agreement and compliance with laws
12. Governing Law: Specification of applicable Canadian jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Non-Compete: Restrictions on referrer's ability to refer to other dealers - used when exclusivity is required
2. Marketing Guidelines: Rules for how the referrer can market or promote the dealer - included when referrer will actively promote
3. Training Requirements: Specific training or certification requirements for referrers - used in complex sales environments
4. Insurance Requirements: Insurance obligations of either party - included when referrer takes active role in sales process
5. Data Protection: Detailed procedures for handling customer data - used when significant personal information is shared
6. Volume Incentives: Additional compensation for hitting certain referral targets - used in high-volume relationships
7. Dispute Resolution: Detailed procedures for resolving disputes - included for high-value or complex arrangements
1. Schedule A - Fee Schedule: Detailed breakdown of referral fees, including any tiered structure or special cases
2. Schedule B - Referral Process Workflow: Step-by-step process flow for making and tracking referrals
3. Schedule C - Approved Marketing Materials: Templates or guidelines for any approved marketing or promotional materials
4. Appendix 1 - Referral Form Template: Standard form to be used for submitting referrals
5. Appendix 2 - Reporting Template: Standard format for periodic referral activity reporting
Authors
Automotive
Retail
Financial Services
Insurance
Transportation
Fleet Management
Professional Services
E-commerce
Consulting
Legal
Sales
Business Development
Compliance
Finance
Operations
Marketing
Partnerships
Contract Administration
Risk Management
Sales Manager
Business Development Manager
Dealer Principal
Finance Manager
Compliance Officer
Legal Counsel
Operations Manager
Marketing Director
Fleet Sales Manager
Partnership Manager
Business Development Representative
Channel Sales Manager
Automotive Broker
Contract Administrator
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