Referral Agreement Template
Referral Agreement Template
Do you have business referrers? Perhaps they refer people to use your services or buy a product or digital product from you? They might refer people into your course or program?
If you do and if you pay referral or affiliate fees, it is a good idea to document it with a Referral Agreement. Our Referral Agreement Template clearly sets out the obligations of each party in the Referral Arrangement, including how the referral should happen, what happens if there is a conflict and when and how the referrer gets paid.
Referral Agreement is one word of many to describe a business arrangement where a person or business (referrer) introduces a client to another business. You might have also heard this referred to as an Affiliate Agreement. Or perhaps a commission agreement.
While often these arrangements are made on an informal handshake, if things aren’t written down it can get messy and that is why we, at The Remote Expert, have prepared the Referral Agreement Template for you. Our Referral Agreement Template has an easy to fill in schedule at the front of the Agreement with all the key parts such as the Referral Period, how the Referral will be made and when payment will be made.
The body of the Agreement also contains things such as:
Time frames for payment;
How each party must manage the referrals (for example, the Business with clients referred must report to the referrer and the referrer must send a tax invoice to get paid)
How often the business must report to the referrer for sales - is this a monthly, quarterly or annual thing?
Whether the referrer has an exclusive arrangement with the business or they might refer to any number of competing businesses
how long the agreement will last - will it be ongoing or is it renewed each year for example?
confidentiality clauses; and
the legal stuff you need in all agreements - we lawyers call them “boilerplate clauses” but really they are things like how notices are sent under the contract and things like that.
Disclaimer
In downloading this document from The Remote Expert (Template), you have not asked us to provide legal advice to you.
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