THIS REFERRAL FEE AGREEMENT is entered into on 21 December 2024
Between
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Seller")
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Referrer")
Whereas
The Referrer may from time to time refer potential customers to the Seller for a referral fee.
It is agreed as follows:
1. Interpretation
Definitions
"Excluded Persons" means existing customers of the Seller or potential customers who have already approached the Seller to negotiate terms of sale. Excluded Persons also include their affiliates;
"Goods or Services" means SERVICES to be sold by the Seller to the customer;
"Value of Goods or Service" means in relation to any Goods or Services, the fees charged by the Seller to the customer, less:
whether or not such items are separately invoiced;
2. Referral Term
For a period of TERM months after the date hereof (the "Term"), which shall be automatically renewed for additional periods of the same duration as the Term, unless either party requests termination at least thirty (30) days prior to the end of the then-current Term, the Seller engages the Referrer to source independent third party customers to its Goods or Services, and the Referrer accepts the Seller's engagement.
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