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Referral Fee Agreement
"I need a Referral Fee Agreement for my IT consulting company based in Vienna, with a 15% commission structure and quarterly payments, including GDPR compliance provisions for handling client data."
1. Parties: Identification and details of the referrer and the company/individual receiving referrals
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement including 'Referral', 'Successful Referral', 'Referral Fee', etc.
4. Scope of Agreement: Details of the referral arrangement and services to be provided
5. Referral Process: Step-by-step process for making and accepting referrals
6. Fee Structure: Calculation method and amounts of referral fees
7. Payment Terms: Timeline and method of fee payments, including invoicing requirements
8. Term and Termination: Duration of the agreement and conditions for termination
9. Confidentiality: Protection of confidential information shared during the referral process
10. Representations and Warranties: Basic promises and assurances from both parties
11. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
1. Non-Solicitation: Prevents parties from directly soliciting each other's clients or employees
2. Data Protection: GDPR compliance measures for handling personal data, recommended when dealing with individual referrals
3. Intellectual Property: Protection of trademarks and brand usage, important when referrer will use company materials
4. Marketing and Promotion: Guidelines for how the referrer may market or promote the company's services
5. Exclusivity: Terms for exclusive referral relationships, if applicable
6. Compliance with Laws: Specific compliance requirements, particularly important in regulated industries
7. Force Majeure: Provisions for unforeseen circumstances preventing performance
8. Insurance: Requirements for professional liability insurance, if needed for the industry
9. Audit Rights: Right to audit referral records, important for high-value or volume-based arrangements
1. Schedule 1 - Fee Schedule: Detailed breakdown of fee structures, including any tiered pricing or bonus schemes
2. Schedule 2 - Referral Process: Detailed operational procedures for making and processing referrals
3. Schedule 3 - Reporting Template: Standard format for tracking and reporting referrals
4. Schedule 4 - Approved Marketing Materials: Pre-approved materials and guidelines for marketing
5. Appendix A - Contact Details: Key contact information for both parties
6. Appendix B - Data Processing Terms: Detailed GDPR-compliant data processing terms if personal data is involved
Authors
Professional Services
Financial Services
Real Estate
Information Technology
Management Consulting
Legal Services
Healthcare
Insurance
Education and Training
Business Services
Marketing and Advertising
Recruitment and HR
Legal
Compliance
Business Development
Sales
Finance
Operations
Marketing
Partner Relations
Commercial
Account Management
Business Development Manager
Sales Director
Partnership Manager
Legal Counsel
Compliance Officer
Marketing Manager
Channel Manager
Account Executive
Chief Executive Officer
Chief Financial Officer
Operations Manager
Sales Representative
Partner Relations Manager
Commercial Director
Business Consultant
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