Referral Finder's Fee Agreement Template for Ireland

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Key Requirements PROMPT example:

Referral Finder's Fee Agreement

"I need a Referral Finder's Fee Agreement for our tech startup to establish a network of independent IT consultants who will refer potential SaaS clients to us, with a tiered commission structure and exclusive territory rights in Ireland."

Document background
The Referral Finder's Fee Agreement is essential for businesses operating in Ireland that wish to formalize their referral relationships and compensation structures. This document is typically used when a company wants to incentivize third parties to refer potential clients or business opportunities, ensuring clear terms for both parties. The agreement addresses key aspects including qualification criteria for referrals, fee calculations, payment terms, and compliance with Irish regulations. It incorporates necessary GDPR provisions for data handling and specific requirements under Irish contract law. The document is particularly relevant in today's interconnected business environment where formal referral networks and business development partnerships are increasingly common.
Suggested Sections

1. Parties: Identification of the referrer and the company/recipient of referrals

2. Background: Context of the agreement and business relationship

3. Definitions: Key terms including 'Qualified Referral', 'Referral Fee', 'Referral Period'

4. Appointment and Scope: Terms of appointment and scope of referral services

5. Referral Process: Detailed procedure for making and accepting referrals

6. Fee Structure and Payment Terms: Calculation of fees, payment timing, and conditions

7. Obligations of the Referrer: Responsibilities and commitments of the referring party

8. Obligations of the Company: Responsibilities of the party receiving referrals

9. Data Protection and GDPR Compliance: Requirements for handling personal data and ensuring GDPR compliance

10. Confidentiality: Protection of confidential information shared during the referral process

11. Term and Termination: Duration of agreement and termination provisions

12. General Provisions: Standard legal clauses including governing law, notices, and entire agreement

Optional Sections

1. Non-Compete Clause: Restrictions on referrer's ability to refer to competitors (used in exclusive arrangements)

2. Marketing and Branding: Guidelines for using company branding in referral activities (used when referrer will promote the company)

3. Training and Support: Details of any training provided to referrer (used in complex product/service referrals)

4. Performance Targets: Minimum referral requirements and consequences (used in professional or high-volume arrangements)

5. Dispute Resolution: Specific procedures for resolving disputes (used in high-value arrangements)

6. Insurance Requirements: Insurance obligations for referrer (used in regulated industries or high-risk referrals)

7. Compliance with Industry Regulations: Specific regulatory requirements (used in regulated sectors like financial services)

Suggested Schedules

1. Schedule 1 - Fee Calculator: Detailed breakdown of fee calculations and examples

2. Schedule 2 - Referral Process Flowchart: Visual representation of the referral process

3. Schedule 3 - Referral Form Template: Standard form for submitting referrals

4. Schedule 4 - Data Processing Requirements: Detailed GDPR compliance procedures and requirements

5. Appendix A - Qualified Referral Criteria: Specific criteria for what constitutes a valid referral

6. Appendix B - Reporting Templates: Standard formats for referral tracking and reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Professional Services

Technology

Real Estate

Recruitment

Management Consulting

Legal Services

Healthcare

Education

Software and IT

Business Services

Marketing and Advertising

Relevant Teams

Legal

Business Development

Sales

Finance

Compliance

Operations

Commercial

Partnerships

Risk Management

Marketing

Relevant Roles

Business Development Manager

Sales Director

Partnership Manager

Legal Counsel

Compliance Officer

Chief Financial Officer

Commercial Director

Channel Manager

Relationship Manager

Operations Manager

Contract Administrator

Chief Executive Officer

Head of Business Development

Marketing Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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