[Please note that this is a general summary of our Referral Fee, Success Fee and other Fee Sharing Agreements and does not constitute legal advice. As each jurisdiction may be different, you may want to speak to your local lawyer.]

SUMMARY OF COMMISSION, REFERRAL FEE, SUCCESS FEE AND FEE-SHARING AGREEMENTS TEMPLATES:

Members are often confused about which type of document shall be used for the commission and fee-sharing agreements. The following table is a quick reference guide:

Documents When to Use
Sales Representative Commission Agreement Agreement between Company and Sales Representative re Commission to be received by the Sales Representative. The Sales Representative acts as an agent for the Company.
Marketing Agency Agreement Agreement or manufacturer appointing marketing agent (not sales agent who can bind the Principal) into new territory. The Agent is paid a commission as a % of the Price. 
Finder's Agreement The Agent introduces a transaction to the Principal in return for a Commission (Finder's Fee) upon the completion of the transaction. 
Engagement Letter and Success Fee Agreement Company to engage investment advisor to find investors. Alternatively, investors to engage investment advisors to introduce transactions. Both are on a success fee basis.
Success Fee Sharing Agreement Fee sharing letter for an advisor to share its fee received from the company with an introducer for introducing investors on a successful basis.
Referral Fee Agreement Referral Fee Agreement where Referrer may refer potential customers to Seller for a referral fee. The referral fee can be fixed or as a % of the net value of goods and services.
Service Fee Sharing Agreement Simple fee-sharing agreement for a servicer to share its fee received from clients referred by the referrer who will also be responsible for liaising with clients. 

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