A Company Referral Letter is commonly used in business relationships governed by English and Welsh law when one company wishes to formally refer business opportunities, clients, or services to another company. The document typically includes details about the referral arrangement, compensation terms, confidentiality provisions, and any specific conditions or requirements. It serves multiple purposes: documenting the referral relationship, establishing clear terms and expectations, ensuring regulatory compliance, and protecting both parties' interests. This type of document is particularly important in regulated industries where formal documentation of business relationships is required.
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1. Letter Date: Current date of the referral letter
2. Recipient Details: Full name and address of the recipient company
3. Introduction: Brief introduction of the referring party
4. Referral Purpose: Clear statement of the referral's purpose and nature
5. Referral Details: Specific details about the business opportunity or client being referred
6. Terms of Referral: Any fees, commissions, or compensation arrangements
7. Confidentiality Statement: Statement regarding confidential handling of information
8. Signature Block: Space for signature and company details
1. Duration of Referral: Timeframe for the referral arrangement if there is a specific time limitation
2. Exclusivity Provisions: Terms regarding exclusive referral rights when exclusive arrangements are agreed
3. Performance Metrics: Expected outcomes or targets when specific performance standards are required
4. Compliance Requirements: Specific regulatory compliance statements for regulated activities or services
1. Commission Schedule: Detailed breakdown of commission structures and payment terms
2. Service Description: Detailed description of services being referred
3. Company Profiles: Background information about the companies involved
4. Compliance Certificates: Relevant regulatory or compliance documentation
Relevant legal definitions
Clauses
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