THIS REFERRAL FEE AGREEMENT is entered into on 28 January 2023
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Buyer")
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Referrer")
The Referrer may from time to time refer potential sellers of certain goods or services to the Buyer for a referral fee.
It is agreed as follows:
"Goods or Services" means SERVICES that the Buyer intends to purchase
"Value of Goods or Service" means in relation to any Goods or Services, the fees paid by the Buyer to the seller of the Goods or Service, less:
whether or not such items are separately invoiced;
2. Referral Term
For a period of TERM months after the date hereof (the "Term"), or as subsequently extended by the Buyer and the Referrer in writing, the Buyer engages the Referrer to source independent third-party sellers for the Goods or Services, and the Referrer accepts the Buyer's engagement.
3. Referral Fee
3.1 The referral fee shall be calculated as FEE per cent of the net value of Goods or Services purchased by the Buyer as a direct result of a referral. Net value shall exclude value-added tax, postage and packaging, insurance and such other charges as agreed in advance by the parties hereto