The Consulting Referral Fee Agreement is essential for businesses operating in Denmark who wish to formalize their referral partnerships and commission structures. This document is typically used when consulting firms or professionals want to establish a clear framework for receiving and paying referral fees for successful client introductions. The agreement ensures compliance with Danish commercial law, tax regulations, and GDPR requirements while protecting both parties' interests. It includes comprehensive details about referral processes, fee calculations, payment terms, and obligations of both parties. The document is particularly important in professional services contexts where networking and client referrals form a significant part of business development strategy.
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Key Requirements PROMPT example:
Consulting Referral Fee Agreement
I need a Consulting Referral Fee Agreement under Danish law for my IT consulting firm, where we'll pay 10% commission to independent consultants who refer new clients to us, with the agreement starting January 2025.
1. Parties: Identification of the referring party and the consulting firm, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement and the business relationship between the parties
3. Definitions: Key terms used throughout the agreement, including 'Referral', 'Successful Referral', 'Client', 'Services', and 'Referral Fee'
4. Scope of Referral Services: Details of what constitutes a valid referral and the process for making referrals
5. Referral Fee Structure: Clear explanation of fee calculations, percentages, and any tiered commission structures
6. Payment Terms: Timing and method of fee payments, including invoicing requirements and payment conditions
7. Obligations of the Referring Party: Responsibilities and commitments of the party making referrals
8. Obligations of the Consulting Firm: Responsibilities in handling referrals and maintaining service quality
9. Term and Termination: Duration of the agreement and conditions for termination
10. Confidentiality: Protection of confidential information shared between parties
11. Data Protection: GDPR compliance and data handling requirements
12. Non-Solicitation: Restrictions on soliciting clients or employees
13. Governing Law and Jurisdiction: Specification of Danish law governance and jurisdiction for disputes
14. General Provisions: Standard clauses including severability, entire agreement, and amendments
1. Exclusivity: Used when the referring party is granted exclusive rights in specific territories or sectors
2. Marketing and Promotion: Include when parties agree on specific marketing activities or brand usage
3. Training and Support: Add when the consulting firm provides training or support to the referring party
4. Audit Rights: Include for agreements with high-value referrals to ensure transparency
5. Insurance Requirements: Add when specific insurance coverage is required from either party
6. Service Level Agreements: Include when specific performance metrics are agreed upon
7. Dispute Resolution: Add detailed alternative dispute resolution procedures if desired
1. Schedule 1: Fee Structure: Detailed breakdown of referral fees, including calculations and examples
2. Schedule 2: Referral Process: Step-by-step process for making and tracking referrals
3. Schedule 3: Approved Marketing Materials: Templates and guidelines for referral marketing
4. Schedule 4: Reporting Templates: Standard forms for referral tracking and reporting
5. Schedule 5: Contact Details: Key contact persons and escalation procedures
6. Appendix A: Data Processing Agreement: GDPR-compliant data processing terms and procedures
Authors
Relevant legal definitions
Clauses
Relevant Industries
Professional Services
Management Consulting
IT Consulting
Financial Services
Business Advisory
Legal Services
Technology Services
Human Resources
Strategy Consulting
Digital Transformation
Corporate Training
Business Development
Relevant Teams
Business Development
Legal
Finance
Compliance
Sales
Partner Relations
Operations
Strategy
Account Management
Executive Leadership
Relevant Roles
Business Development Manager
Partnership Manager
Managing Consultant
Chief Executive Officer
Business Development Director
Sales Director
Legal Counsel
Compliance Officer
Finance Manager
Partner Relations Manager
Managing Partner
Strategy Consultant
Account Manager
Operations Director
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