Referral Fee Agreement Template for Denmark

This document is essential for businesses operating in Denmark that wish to formalize their referral relationships and ensure compliance with local regulations. A Referral Fee Agreement is typically used when a company wants to incentivize third parties to refer customers or business opportunities, establishing clear terms for compensation and responsibilities. The agreement needs to comply with Danish contract law, marketing regulations, data protection requirements (GDPR), and financial services regulations. It's particularly important in regulated industries where transparency in commercial relationships is mandatory. The document includes specific provisions for referral processes, fee structures, payment terms, confidentiality, and data protection, ensuring both parties understand their obligations and rights under Danish law.

1. Parties: Identification of the referrer and the company/entity receiving referrals, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, describing the business relationship and purpose of the referral arrangement

3. Definitions: Key terms used throughout the agreement, including 'Referral', 'Successful Referral', 'Referral Fee', 'Referred Customer', etc.

4. Scope of Services: Detailed description of the referral services to be provided and any specific requirements or qualifications

5. Referral Process: Step-by-step process for making referrals, including methods of communication and required information

6. Fee Structure: Detailed breakdown of referral fees, calculation methods, and payment triggers

7. Payment Terms: Timeline and method of payment, including invoicing requirements and payment procedures

8. Obligations and Responsibilities: Specific duties of both parties, including quality standards and compliance requirements

9. Term and Termination: Duration of the agreement and conditions for termination

10. Confidentiality: Protection of confidential information shared between parties

11. Data Protection: GDPR compliance measures and data handling requirements

12. Non-Solicitation: Restrictions on soliciting employees or customers

13. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes