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Client Referral Agreement Template
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Are you a broker or a business professional looking for a reliable client referral agreement template? Look no further! At BizzLibrary.com, we understand the importance of having a well-drafted client referral agreement to establish clear guidelines and protect your business interests. Our client referral agreement template is designed to facilitate smooth referral relationships while ensuring that both parties benefit from the arrangement.
Understanding the Client Referral Agreement
A client referral agreement is a legal contract that outlines the terms and conditions governing the referral relationship between a broker (the referrer) and a principal (the referred client). The agreement sets out the specific details of the referral arrangement, including compensation, confidentiality, and termination clauses.
Key Elements of a Client Referral Agreement
When it comes to drafting a client referral agreement, certain key elements should be included:
- Parties Involved: Clearly identify the broker (referrer) and the principal (referred client) involved in the agreement.
- Referral Services: Define the scope of the referral services to be provided, including the types of clients or customers being referred.
- Compensation: Specify the compensation structure for successful referrals, whether it is a fixed fee, a percentage of revenue, or another agreed-upon form of compensation.
- Confidentiality: Ensure that both parties maintain the confidentiality of any sensitive information shared during the referral process.
- Term and Termination: Establish the duration of the agreement and outline the conditions under which either party can terminate the agreement.
Download our Client Referral Agreement Template now
To streamline your referral process and protect your business interests, download our professionally drafted Client Referral Agreement Template in DOCX format. It provides a solid foundation for establishing referral relationships and ensures that both parties understand their rights and obligations.
The template comes with editable fields to customize it according to your specific needs, making it a convenient and time-saving solution for your business.
Visit BizzLibrary.com today to access a wide range of business document templates, including legal agreements, sales contracts, and more. Take control of your referral relationships and enhance your business growth by establishing clear and mutually beneficial agreements.
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Loni Lowery(7/20/2023) - GBR
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