THIS REFERRAL FEE AGREEMENT is entered into on 31 December 2024
Between
(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")
Whereas
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:
1. Interpretation
Definitions
"Excluded Persons" mean existing sellers of the Buyer or potential sellers who have already approached the Buyer to negotiate terms of purchase. Excluded Persons also include their affiliates;
"Goods or Services" mean 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.
........................................