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Agency Referral Agreement for Singapore

Agency Referral Agreement Template for Singapore

A legally binding agreement governed by Singapore law that establishes a formal referral relationship between a principal company and an agent. The agreement outlines the terms under which the agent will refer potential clients or business opportunities to the principal, including compensation structure, referral processes, and compliance requirements under Singapore's legal framework, particularly addressing PDPA and agency law considerations.

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What is a Agency Referral Agreement?

The Agency Referral Agreement is essential for businesses in Singapore looking to expand their client base through formal referral partnerships. This document is particularly relevant in Singapore's highly regulated business environment, where clear documentation of business relationships is crucial. The agreement defines the scope of the referral relationship, compensation mechanisms, and compliance requirements with local regulations including the PDPA and agency laws. It provides legal protection for both parties while establishing clear guidelines for the referral process, making it a fundamental tool for business growth through partnerships.

What sections should be included in a Agency Referral Agreement?

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 appointment and scope of referral services

5. Referral Process: Procedure for making and handling referrals

6. Compensation: Fee structure and payment terms

7. Term and Termination: Duration and termination provisions

8. Confidentiality: Protection of confidential information

9. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a Agency Referral Agreement?

1. Data Protection: PDPA compliance provisions for handling personal data in referrals

2. Non-Competition: Restrictions on competitive activities and market protection measures

3. Force Majeure: Provisions for handling unforeseen circumstances affecting the agreement

4. Insurance: Insurance requirements and coverage specifications for high-value referrals

What schedules should be included in a Agency Referral Agreement?

1. Commission Structure: Detailed breakdown of referral fees and payment terms

2. Referral Process Flow: Step-by-step procedure for referrals

3. Reporting Templates: Standard forms for referral reporting

4. Service Level Agreement: Performance metrics and standards for referral services

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Agency Agreement

Cost

Free to use
Relevant legal definitions






























Clauses






























Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law principles, including requirements for valid contracts and remedies for breach of contract

Companies Act (Cap. 50): Regulates corporate matters including company authority provisions and requirements for document execution by corporate entities

Agency Law: Common law principles governing principal-agent relationships, scope of authority, and fiduciary duties

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data, including consent requirements and cross-border data transfer restrictions

Employment Act (Cap. 91): Relevant for ensuring the agency arrangement doesn't create unintended employment relationships

Competition Act (Cap. 50B): Governs anti-competitive practices and exclusive dealing provisions that may affect agency arrangements

Consumer Protection (Fair Trading) Act: Applicable when referrals involve consumer transactions to ensure fair trading practices

Electronic Transactions Act: Governs electronic execution of agreements and digital signatures

Industry-Specific Regulations: Sector-specific regulations that may apply depending on the industry (e.g., financial services, real estate)

Money-changing and Remittance Businesses Act: Relevant if the agreement involves payment processing or remittance services

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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