Introducer Agreement (Finder's Fee or Commission on Referral)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🖊️ Referral agreementBusiness activity
Refer clients for a feeA referral agreement is a contract between two parties, typically a referral agent and a referral source, in which the referral agent agrees to refer potential clients to the referral source in exchange for a referral fee. The agreement sets forth the terms and conditions of the referral arrangement, including the referral fee, and is intended to protect the interests of both parties.
Under UK law, this template outlines the terms and conditions governing the relationship between the Principal and the Introducer. Specifically, it addresses the commission or finder's fee that the Introducer will receive for successfully introducing a new client or customer to the Principal, resulting in a transaction or business relationship. The agreement clearly defines the commission structure, the applicable remuneration rates, and the method of payment.
The template also includes provisions related to the responsibilities and obligations of both parties. It outlines the Introducer's duty to act in good faith, conduct due diligence on potential customers, and adhere to any relevant laws and regulations. The Principal, on the other hand, agrees to provide necessary support to the Introducer, maintain confidentiality, and inform the Introducer of any changes in the terms of the agreement.
Additionally, the template addresses important legal aspects such as intellectual property rights, termination of the agreement, and dispute resolution mechanisms. It may also include confidentiality clauses to protect sensitive information disclosed during the course of the business relationship.
Overall, the Introducer Agreement (Finder's Fee or Commission on Referral) under UK law is a comprehensive legal document that establishes a clear framework for collaboration between the Principal and the Introducer, ensuring fairness, transparency, and legal compliance in their business relationship.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Standard Ballot Form For Election Of Employee Representatives (TUPE or Collective Redundancy)
When a business undergoes a transfer of ownership, a merger, or an acquisition that affects employees, or if collective redundancies are anticipated, companies are required to consult and involve employee representatives. These representatives act as intermediaries between the employer and the employees, ensuring their interests are represented during decision-making processes.
The legal template provides a standardized format for conducting ballots, ensuring compliance with UK employment laws. It outlines the mandatory information to be included, such as the reason for the ballot, the list of eligible voters, the timeframe for nominations, and the procedure for counting votes. The form may also include sections for recording votes, issuing instructions to voters, and guidelines for resolving disputes.
By utilizing this legal template, employers can streamline the election process, promote transparency, and ensure that all affected employees have the opportunity to take part in the selection of their representatives. This template aids employers in fulfilling their legal obligations and upholding the principles of employee participation, guaranteeing a fair and democratic election in situations related to TUPE or collective redundancy under UK law.
Publisher
Genie AIJurisdiction
England and WalesSimple Agreement Replacing A Party Of The Contract (Novation For Intra Group Reorganisations)
Novation refers to the process of substituting a party to an existing contract with a new party, relieving the outgoing party of its obligations and transferring them to the incoming party. In the context of intra-group reorganisations, this template facilitates the smooth transition of contractual rights and obligations between affiliated companies, streamlining their internal operations and optimizing business efficiency.
Under UK law, this template ensures compliance with the legal requirements and regulations associated with novation, safeguarding the interests of all parties involved. By using this agreement, the original contracting parties can successfully transfer their rights and obligations to another company within the same group, mitigating any disruptions to ongoing contractual relationships and maintaining continuity in their business operations.
This template includes essential details such as the identification of the original parties, the specific contract being replaced, the new party being introduced, and the effective date of the novation. It also outlines the rights and obligations being transferred, as well as any necessary consents or approvals required for the novation to take effect.
The "Simple Agreement Replacing A Party Of The Contract (Novation For Intra Group Reorganisations) under UK law" provides a straightforward and legally sound mechanism for companies within the same group to restructure their contractual relationships while adhering to the applicable legal framework. By utilizing this template, businesses can smoothly navigate intra-group reorganisations and ensure seamless continuity in their contractual arrangements.
Publisher
Genie AIJurisdiction
England and WalesShare Purchase Agreements For Intra Group Reorganisations
The template would contain provisions that govern the transfer process, including the identification of the buyer and seller, details of the shares being transferred, and the purchase price or consideration involved. It would also cover the representations and warranties of the parties, ensuring both parties provide accurate and truthful information about the shares being transferred.
Additionally, the template would address various legal and regulatory requirements that need to be fulfilled for a valid intra group share purchase. This may include compliance with company law regulations, tax implications, and necessary approvals from regulatory authorities.
The template may also incorporate clauses relating to indemnification, dispute resolution mechanisms, and any specific provisions required for the particular intra group reorganisation. Further, it may outline the conditions precedent for the completion of the share purchase, such as necessary consents or filings.
Ultimately, this legal template serves as a reliable framework for parties involved in intra group reorganisations to formalize their agreements and ensure compliance with UK laws and regulations. By using this template, entities can confidently undertake share transfers within their group, streamlining the reorganisation process and promoting transparency and legality in their transactions.