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Car Referral Fee Agreement
"I need a Car Referral Fee Agreement for my luxury car dealership in Cape Town, where we'll pay independent sales agents a 2% commission for successful referrals of new vehicle sales, with the agreement starting January 2025."
1. Parties: Identification and details of the referrer and the car dealership/company
2. Background: Context of the agreement and brief explanation of the referral arrangement
3. Definitions: Key terms used in the agreement including 'Successful Referral', 'Referral Fee', 'Qualified Lead', etc.
4. Appointment and Scope: Terms of appointment and scope of referral services
5. Referral Process: Detailed process for making and tracking referrals
6. Referral Fee Structure: Calculation method and amounts of referral fees
7. Payment Terms: Timeline and method of payment, including invoicing requirements
8. Obligations of the Referrer: Responsibilities and commitments of the referring party
9. Obligations of the Company: Responsibilities and commitments of the receiving company
10. Confidentiality: Protection of confidential information and trade secrets
11. Data Protection: Compliance with POPIA and handling of personal information
12. Term and Termination: Duration of agreement and termination provisions
13. General Provisions: Standard legal clauses including governing law, notices, and amendments
1. Non-Compete: Restrictions on working with competitors, used when protecting market position
2. Marketing Guidelines: Rules for marketing and promotion, needed when referrer will actively promote services
3. Training Requirements: Required training for referrers, included when specific product knowledge is needed
4. Performance Targets: Minimum referral requirements, used in professional or high-volume arrangements
5. Dispute Resolution: Specific procedures for resolving disputes, useful for high-value arrangements
6. Insurance Requirements: Required insurance coverage, relevant for professional referrers
7. Exclusivity Provisions: Terms for exclusive referral rights, used in strategic partnerships
1. Schedule 1: Fee Structure: Detailed breakdown of referral fees for different vehicle categories or scenarios
2. Schedule 2: Referral Process Flow: Step-by-step process flow diagram for referrals
3. Schedule 3: Reporting Template: Standard format for tracking and reporting referrals
4. Schedule 4: Approved Marketing Materials: Pre-approved marketing content and guidelines
5. Appendix A: Contact Details: Key contact information for both parties
6. Appendix B: Required Documentation: List of documents required for processing referrals
Authors
Automotive
Retail
Financial Services
Transportation
Fleet Management
Vehicle Leasing
Insurance
Professional Services
Sales and Marketing
Sales
Business Development
Legal
Compliance
Finance
Operations
Marketing
Customer Relations
Partnerships
Commercial
Sales Director
Business Development Manager
Dealership Manager
Fleet Sales Manager
Marketing Manager
Commercial Director
Finance Manager
Compliance Officer
Legal Counsel
Operations Manager
Partnership Manager
Sales Agent
Customer Relations Manager
Vehicle Finance Specialist
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