Referral Contract Agreement Template for Singapore

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Key Requirements PROMPT example:

Referral Contract Agreement

"I need a Referral Contract Agreement for my Singapore-based fintech company to establish a referral program with financial advisors, offering them 5% commission for successful client referrals starting March 2025."

Document background
The Referral Contract Agreement is essential for businesses in Singapore seeking to formalize their referral partnerships and create clear frameworks for business development. This document type is commonly used when companies want to expand their client base through strategic partnerships while ensuring legal compliance and protecting their interests. The agreement specifies referral procedures, commission structures, and compliance requirements under Singapore law, making it a crucial tool for establishing professional referral networks and managing business relationships effectively.
Suggested Sections

1. Parties: Identification and details of contracting parties

2. Background: Context and purpose of the referral arrangement

3. Definitions: Key terms used throughout the agreement

4. Scope of Referral Arrangement: Details of referral services and obligations

5. Compensation Structure: Referral fees, payment terms and conditions

6. Term and Termination: Duration and termination provisions

7. Confidentiality: Protection of confidential information

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

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

2. Service Levels: Performance metrics and standards - include for complex referral arrangements with specific performance requirements

3. Marketing Guidelines: Rules for promotional activities - include when referrer will be actively marketing services

Suggested Schedules

1. Fee Schedule: Detailed breakdown of referral fees and commission structures

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

3. Reporting Template: Standard format for referral reporting

4. Data Protection Requirements: Specific obligations under PDPA and data handling procedures

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

Industries

Singapore Contract Law: Common law principles governing formation and enforcement of contracts, including offer, acceptance, consideration, and contractual obligations

Contract and Commercial Law Act 2020: Modern statutory framework governing commercial contracts and transactions in Singapore

Electronic Transactions Act: Legislation governing electronic contracts, signatures, and digital transactions

Companies Act: Primary legislation governing company operations and corporate entities in Singapore

Business Registration Act: Law governing the registration and regulation of businesses in Singapore

Partnership Act: Legislation governing formation and operation of partnerships when applicable to referral relationships

Payment Services Act 2019: Regulates payment systems and payment service providers if referral involves payment services

Currency Act: Governs monetary transactions and currency usage in Singapore

Income Tax Act: Tax implications and obligations related to referral fees and commission payments

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

Spam Control Act: Regulates electronic marketing communications and unsolicited messages

Competition Act: Ensures referral arrangements don't violate anti-competition rules or create unfair market advantages

Financial Advisers Act: Regulates financial advisory services and referrals in the financial sector

Securities and Futures Act: Governs securities, futures, and financial products referrals

Estate Agents Act: Regulates real estate agency work and property referrals

Healthcare Services Act: Governs healthcare services and medical referrals

Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices in referral arrangements

Consumer Protection (Trade Descriptions and Safety Requirements) Act: Ensures accurate description of services and compliance with safety requirements

Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act: Anti-money laundering provisions affecting business transactions and referral payments

Terrorism (Suppression of Financing) Act: Prevents terrorism financing through business and payment arrangements

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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