An introducer commission agreement is a document that outlines the terms and conditions between two parties involved in a referral or commission-based partnership. This agreement is commonly used in the business world to ensure that both parties are clear on their responsibilities and the terms of the partnership. If you are looking to create an introducer commission agreement, you may be wondering where to start. Luckily, we have prepared a sample agreement that can serve as a guide.

Introduction

This agreement is made and entered into by and between [Insert Company Name Here] (hereafter referred to as “Company”) and [Insert Introducer Name Here] (hereafter referred to as “Introducer”) on the date of [Insert Date Here].

Purpose

The purpose of this agreement is to establish a commission-based partnership between the Company and the Introducer. The Introducer agrees to introduce potential clients to the Company, and the Company agrees to pay the Introducer a commission on these successful introductions.

Terms and Conditions

1. Introductions

The Introducer agrees to introduce potential clients to the Company by providing their contact information and any relevant details about the potential client`s needs. The Introducer must obtain the potential client`s permission to share their information and must inform the potential client that they will receive a commission if the referral results in a successful sale.

2. Commission

The Company agrees to pay the Introducer a commission of [Insert Commission Percentage Here] on the total price of any successful sale resulting from the Introducer`s referral. The commission will be paid within [Insert Payment Term Here] days of the successful sale.

3. Exclusivity

This agreement does not grant the Introducer exclusivity in their right to introduce potential clients to the Company. The Company reserves the right to work with other introducers and to engage in their own marketing and sales efforts.

4. Termination

Either party may terminate this agreement at any time by providing written notice to the other party. Any successful introductions made prior to termination will still be subject to the commission agreement.

5. Confidentiality

Both parties agree to keep any and all confidential information shared between them confidential and to not disclose it to any third parties.

6. Governing Law

This agreement is governed by the laws of [Insert Governing Law Here]. Any disputes or disagreements will be resolved through arbitration.

Conclusion

This sample introducer commission agreement provides a starting point for creating your own agreement. It is important to customize the agreement to fit the specific needs and circumstances of your partnership. A clear and comprehensive agreement can help to prevent misunderstandings and disputes, ensuring that both parties benefit from the partnership.