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A referral agreement is a legal contract that defines a partnership between a service provider and a referral partner that earns commission on sales. The contract sets out the terms of a partnership wherein one party is referring qualified leads or customers to the other partner in exchange for rewards or compensation.

A finder's fee (also known as "referral income" or "referral fee") is a commission paid to an intermediary or the facilitator of a transaction. The finder's fee is rewarded because the intermediary discovered the deal and brought it to the attention of interested parties.

Parts of a referral agreement Date. The date should appear at the beginning and end of the contract. ... Names and roles of the parties involved. Identify the parties to the agreement. ... Duration of the agreement. State how long the agreement will last. ... Consideration. ... Acceptance.

A referral agreement is a legal contract that establishes a joint venture between a service or product provider and a referral party that earns commissions on sales.

A referral agreement (sometimes referred to as an introduction agreement, commission agreement or finder's fee agreement). This agreement is for use between a supplier or service provider and another company that refers potential clients to the supplier or service provider in return for a commission.

A referral fee agreement is between an affiliate that “refers” sales or services to a company in exchange for compensation. The fee paid to the affiliate is commonly a percentage (%) of the total sale or a flat fee per transaction.

A referral agreement is a formal contract between a seller and a referrer to capture the terms and conditions of how referral sales are measured, paid, and coordinated.