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Referral Agreement Contract

Referral Agreement Contract Template for Singapore

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Key Requirements PROMPT example:

Referral Agreement Contract

"I need a Referral Agreement Contract for my Singapore-based fintech company to establish a referral program with financial advisors, including a tiered commission structure and strict data protection clauses, to be implemented by March 2025."

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Document background
A Referral Agreement Contract is essential for businesses in Singapore seeking to formalize their referral partnerships and establish clear guidelines for compensation. This document type is commonly used when companies or individuals want to create a structured referral program, ensuring compliance with Singapore's legal framework including the Contract Act, PDPA, and industry-specific regulations. It includes comprehensive terms covering referral processes, fee structures, confidentiality obligations, and compliance requirements, while providing legal protection for all parties involved in the referral relationship.
Suggested Sections

1. Parties: Identification and details of the referring party and recipient party

2. Background: Context of the referral relationship and business purpose

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

4. Referral Terms: Core obligations regarding referral process and requirements

5. Compensation Structure: Referral fees, payment terms, and calculation method

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

7. Confidentiality: Protection of confidential information shared between parties

8. General Provisions: Standard boilerplate clauses including governing law, notices, and dispute resolution

Optional Sections

1. Non-Compete: Restrictions on competitive activities, typically used when protecting business interests from competition

2. Intellectual Property: IP rights and usage provisions, included when brand names or proprietary information is involved

3. Data Protection: PDPA compliance obligations for handling personal data

4. Training and Support: Support services provided to referral partner, included when ongoing support is part of the arrangement

Suggested Schedules

1. Schedule 1 - Referral Fee Schedule: Detailed breakdown of fee structure and calculations

2. Schedule 2 - Referral Process: Step-by-step process for making and tracking referrals

3. Schedule 3 - Service Level Agreement: Performance metrics and service standards

4. Schedule 4 - Approved Marketing Materials: Templates and guidelines for referral marketing

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Industries

Contract Act 1872: Primary legislation governing contract formation, execution, and enforcement in Singapore, including basic principles of offer, acceptance, consideration, and contractual obligations

Electronic Transactions Act: Governs the formation and validity of electronic contracts and digital signatures in Singapore

Competition Act (Cap. 50B): Ensures referral arrangements do not constitute anti-competitive practices or unfair market behavior

Companies Act (Cap. 50): Regulates corporate entities' operations and contractual capabilities when parties are registered companies

Consumer Protection (Fair Trading) Act: Protects consumer interests in trade practices and ensures fair dealing in referral arrangements involving consumers

Consumer Protection (Trade Descriptions and Safety Requirements) Act: Ensures accurate trade descriptions and maintains safety standards in consumer-related transactions

Personal Data Protection Act 2012: Governs the collection, use, disclosure, and care of personal data in referral arrangements

Securities and Futures Act: Regulates financial services industry referrals and ensures compliance with securities trading requirements

Financial Advisers Act: Governs referral arrangements involving financial advisory services and related activities

Healthcare Services Act: Regulates referral arrangements within the healthcare sector and medical services

Estate Agents Act: Controls referral practices in real estate transactions and property dealings

Income Tax Act: Determines the tax treatment of referral fees and related income

Goods and Services Tax Act: Governs GST implications on referral fees and related transactions

Employment Act: Regulates employment relationships and referral arrangements involving employees

Prevention of Corruption Act: Ensures referral arrangements do not constitute corrupt practices or illegal inducements

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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