This form is a Finder's Fee Agreement. The offerer and the finder agree to certain terms in furtherance of the mutual purpose of solciting customers and marketing the enterprise operated by the offeror. The document provides that the finder is authorized to represent the offerer in locating, soliciting, and selling to potential customers of the offeror.
Referral Fee Agreement Template With Client
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How to fill out Finders Fee Agreement?
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At minimum, every referral fee agreement should include the following key elements : An explanation of how referrals will take place. ... Details on referral compensation. ... Information on when a referral fee is not required. ... Dates indicating the term of the agreement. ... Confidentiality information.
A referral or finder's agreement to be entered into by a seller of goods or service provider to pay a referral fee, also called a finder's fee, to anybody who makes an introduction or discovers an opportunity that results in a sale.
A Referral Fee Agreement is used when people have knowledge and contacts in a certain field and want to be paid for making successful introductions to others. Most often, a broker will introduce a buyer and seller of goods or services, real estate buyer and seller, or employer and potential employee.
A referral agreement sample should include the following sections: Definitions. ... Relationship between parties. ... Responsibilities. ... Referral fee terms. ... Promotional expectations. ... Referral process and tracking. ... Non-exclusivity clause. ... Non-disclosure and confidentiality.
The parties agree that the Professional Fee paid to Professional is not paid in return for, or to induce any person: (i) to refer an individual to anyone for the furnishing or arranging for the furnishing of items or services; or (ii) to purchase, lease, order, or arrange for or recommend purchasing, leasing, or ...