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Agent Referral Agreement
"I need an Agent Referral Agreement for my fintech company based in London, where we'll pay 10% commission to agents who refer SME clients to our payment processing platform, starting from January 2025."
1. Parties: Identification and details of the principal and agent
2. Background: Context and purpose of the referral arrangement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of agent appointment and scope of authority
5. Referral Process: Procedures for making and tracking referrals
6. Commission Structure: Payment terms and calculation of referral fees
7. Obligations of the Parties: Responsibilities of both principal and agent
8. Term and Termination: Duration and termination provisions
9. Confidentiality: Protection of confidential information
10. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement
1. Non-Compete: Restrictions on competitive activities during and after the agreement term
2. Intellectual Property: Protection and usage rights of trademarks, logos, and marketing materials
3. Data Protection: Compliance with GDPR and Data Protection Act requirements
4. Training and Support: Details of training, materials, and support provided to the agent
1. Commission Schedule: Detailed breakdown of commission rates, calculations, and payment terms
2. Referral Process Flowchart: Visual representation of the referral process and procedures
3. Reporting Templates: Standard forms for tracking and reporting referrals
4. Territory Schedule: Definition of geographical or market territories if applicable
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