The Introducer Agreement Commission is essential for businesses seeking to formalize referral relationships and commission structures under English and Welsh law. This agreement type is commonly used when establishing business relationships where one party introduces potential clients or opportunities to another in exchange for commission-based compensation. It addresses key aspects such as regulatory compliance, particularly relevant in regulated sectors, commission calculations, payment terms, and obligations of both parties. The document ensures clarity in the commercial relationship while maintaining compliance with relevant legislation including FSMA 2000 and FCA regulations where applicable.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and services to be provided
5. Commission Structure: Payment terms, calculation methods, and payment timing
6. Obligations of the Introducer: Duties and responsibilities of the introducing party
7. Term and Termination: Duration and termination provisions
1. Regulatory Compliance: Required if introductions involve regulated activities - includes FCA compliance requirements and regulatory obligations
2. Non-Solicitation: Restrictions on soliciting introduced clients and protection of business relationships
3. White Labelling: Provisions for branding and marketing when services are provided under the introducer's brand
1. Commission Rates Schedule: Detailed breakdown of commission structures and calculations
2. Service Level Agreement: Performance metrics and service standards
3. Compliance Requirements: Regulatory requirements and compliance procedures
4. Reporting Templates: Standard forms for reporting introductions and tracking commissions
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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