A one-off or ongoing agreement paying a referral fee when a referred lead becomes a paying customer.
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Free general-purpose template, not legal advice. Fill in the placeholders and consider having a lawyer review it before you rely on it.
This Referral Agreement ("Agreement") is entered into as of [Effective Date] between [Company Name] ("Company") and [Referrer Name] ("Referrer").
Referrer may introduce potential customers to Company. A "Qualified Referral" is a new customer who was not already in contact with Company, and who Company confirms was introduced by Referrer.
Company will pay Referrer [a flat fee of [Amount] / [Percentage]% of the first [invoice / X months of revenue]] for each Qualified Referral that becomes a paying customer, paid within [Number] days after Company receives payment from that customer.
Company is not obligated to accept any particular referral as a customer, and no fee is owed for referrals that do not convert to paying customers.
Referrer has no authority to make representations, negotiate terms, or bind Company in connection with any referral.
This Agreement continues until terminated by either party with [Number] days’ written notice. Fees owed for Qualified Referrals made before termination remain payable.
This Agreement is governed by the laws of the State of [State / Jurisdiction].
Referrer Signature: _______________________ Date: _______________
Company Representative Signature: _______________________ Date: _______________
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