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Referral Fee Agreement

Referrer (For Buyer)

Referral Fee Agreement where Referrer may refer potential sellers to the Buyer for a referral fee on a non-exclusive basis. The referral fee can be fixed or as a % of the net value of goods and services. This agreement is drafted in favour of the referrer.

For a period of specified months, the Buyer engages the Referrer to source independent third-party sellers for certain Goods or Services, and the Referrer accepts the Buyer's engagement. 

Upon reconciliation of referral fees due, the Referrer shall issue an invoice to the Buyer and payment shall be effected within thirty (30) days of submission of said invoice. Any payment of Referral Fee to the Referrer shall be made by the Buyer within a set number of business days after the date of receipt of the Invoice.

How to use this Document?

This document should be carefully read by the Buyer and Referrer.

Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.

How to Tailor the Document for Your Need?

  1. Create Document: Click on the “Create document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account. 

  2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and clicking the “Next” button.

  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.

  4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

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