In business contexts, a Business Introducer Agreement is an agreement where one party introduces potential clients or business opportunities to another party in exchange for a fee or commission. Here are some Samples of Business Introducer Agreement, along with an explanation of its key components.
A Business Introducer Agreement, also known as a Finder’s Fee Agreement, outlines the terms between a business and an individual who introduces potential clients or business opportunities. It clarifies expectations and protects both parties involved.
This Business Introducer Agreement (“Agreement”) is entered into on [Date] by and between:
[Your Company Name], a company organized and existing under the laws of [Your Country], with its registered office at [Your Address] (“Company”), and
[Business Introducer Name], an individual/company organized and existing under the laws of [Introducer’s Country], with its registered office at [Introducer’s Address] (“Introducer”).
The Company is engaged in [Brief Description of Company’s Business], and the Introducer has expressed an interest in introducing potential clients or business opportunities to the Company.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[Your Company Name]
By: ___________________________ [Signature]
[Business Introducer Name]
By: ___________________________ [Signature]
This template can be used by businesses that want to formalize their relationship with individuals or companies who introduce potential clients or business opportunities to them in exchange for a commission.
This agreement (“Agreement”) is entered into on [Date] between [Business Name], located at [Address] (“Company”), and [Individual/Company Name], located at [Address] (“Introducer”).
1. Introduction of Clients/Prospects: Introducer agrees to introduce potential clients or business prospects (“Clients”) to Company during the term of this Agreement.
2. Compensation: In consideration for the introductions provided by the Introducer, Company shall pay Introducer a commission based on the revenue generated from Clients introduced by the Introducer.
3. Term and Termination: This Agreement shall commence on [Date] and shall continue until terminated by either party upon [Number] days’ written notice.
4. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary or confidential information disclosed during the course of this Agreement.
5. Representations and Warranties: Both parties represent and warrant that they have the authority to enter into this Agreement and fulfill their respective obligations.
6. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
7. Entire Agreement: This Agreement constitutes the entire understanding between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.
8. Signatures: This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
[Signature of Company Representative] [Signature of Introducer]
[Printed Name of Company Representative] [Printed Name of Introducer]
A Business Introducer Agreement, also known as a Finder’s Fee Agreement, outlines the terms between a business and an individual who introduces potential clients or business opportunities. It clarifies expectations and protects both parties involved.
Here’s a basic template:
This agreement (“Agreement”) is made and entered into as of [Date] by and between [Name of Business] (“Company”) and [Name of Introducer] (“Introducer”).
The purpose of this Agreement is to establish the terms and conditions under which Introducer will introduce potential clients to Company and the compensation Introducer will receive for successful introductions.
III. Services of Introducer
Introducer agrees to use commercially reasonable efforts to identify and introduce potential clients to Company that are a good fit for Company’s products or services. Introducer will provide Company with relevant information about each potential client, including [e.g., contact information, industry, business needs].
IV. Services of Company
Company agrees to evaluate each introduction made by Introducer and to make a good faith effort to pursue business opportunities with such potential clients. Company will promptly notify Introducer of the results of its evaluation of each introduction.
If Company enters into a mutually agreeable contract with a potential client introduced by Introducer, Company agrees to pay Introducer a fee of [Percentage]% of the gross revenue generated by Company from such contract, up to a maximum of [Amount]. Payment will be made within [Number] days of the execution of the contract with the introduced client.
Both parties agree to keep confidential all non-public information disclosed by the other party in connection with this Agreement.
VII. Term and Termination
This Agreement shall be effective as of the date hereof and shall continue for a period of [Number] year(s), unless terminated earlier as provided herein. This Agreement may be terminated by either party upon [Number] days’ written notice to the other party.
VIII. Entire Agreement
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.
IX. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
[Signature of Company Representative]
[Signature of Introducer]
Examples of Business Introducer Agreements:
Remember: This is just a basic template and may need to be modified to fit your specific needs. It’s always advisable to consult with an attorney to ensure your agreement is legally sound and protects your interests.
In this example, ABC Consulting Services acts as the introducer, leveraging its network and expertise to refer potential clients to XYZ Tech Solutions Inc. in exchange for a commission. The agreement outlines the terms and conditions of their collaboration, including commission structure, payment terms, confidentiality, and termination clauses. This type of agreement helps formalize the relationship between businesses and ensures transparency and fairness in commission payments.
Parties:
Background: XYZ Tech Solutions Inc. specializes in developing custom software solutions for small and medium-sized businesses. ABC Consulting Services, on the other hand, provides management consulting services to various clients across different industries. ABC Consulting Services has a network of clients who might benefit from the software solutions offered by XYZ Tech Solutions Inc.
Agreement Terms:
Signatures:
Date: [Date]
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[Your Company Name]
By: ___________________________ [Signature]
[Business Introducer Name]
By: ___________________________ [Signature]
ENTERED INTO BY AND BETWEEN:
ON THE FIRST PART,
[Brand Name], a [legal entity type] located at [Address], hereafter referred to as the “Brand”,
AND ON THE SECOND PART,
[Introducer Name], a [legal entity type] located at [Address], hereafter referred to as the “Introducer”.
The Brand and the Introducer may be individually referred to as a “Party” or collectively as the “Parties”.
WHEREAS:
The Brand is a reputable entity in the field of [description of the industry or sector]. It markets a range of products known as [Product Name].
The Introducer is a respected professional with extensive connections and expertise in [relevant field or industry].
The Parties desire to establish a mutually beneficial relationship whereby the Introducer will introduce potential clients to the Brand who are likely to be interested in purchasing its Products.
Discussions have taken place, leading to the decision to formalize this agreement, referred to as the “Agreement”, which includes its recitals and appendices, incorporated herein by reference.
NOW THEREFORE, THE PARTIES HEREBY AGREE AS FOLLOWS:
1. Purpose of the Agreement
The Brand entrusts the Introducer, who accepts, with the task of identifying and introducing potential clients to the Brand who are interested in purchasing its Products.
The potential clients referred to herein shall not already be customers of the Brand. They shall primarily be located in territories where the Brand does not currently operate. In the event the Introducer identifies potential clients in territories where the Brand is already established, prior consent from the Brand must be obtained.
The Introducer shall not target potential clients located in the territories listed as excluded [insert list]. Instead, the Introducer shall focus on potential clients in the territories listed as targeted [insert list].
The Introducer shall provide the Brand with regular updates on identified potential clients, including their contact information and a brief overview. The Introducer shall not act on behalf of the Brand or negotiate sales terms.
2. Nature of the Contractual Relationship
The Parties acknowledge and agree that they are independent professionals. This Agreement does not constitute an employment agreement, and both Parties expressly reject any employment relationship.
The Parties agree that this Agreement does not qualify as a commercial agency agreement, as defined by [relevant legal reference]. The Introducer confirms that they are not exclusively engaged in representation activities.
The Introducer shall not be entitled to any compensation upon termination of the Agreement.
3. No Exclusivity
The Parties agree that this Agreement does not grant exclusivity. Both Parties may engage with other entities in similar arrangements.
4. Intellectual Property Rights
The Brand warrants that it holds all intellectual property rights related to the Products and will not infringe upon any third-party rights.
5. Specific Obligations of the Parties
The Brand will provide the Introducer with all necessary information and materials to effectively promote the Brand and its Products.
[Option 1 – simple] The Parties agree to conduct all promotional activities lawfully and in a manner consistent with the Brand’s reputation and image.
[Option 2 – more detailed] The Introducer warrants that all promotional activities will comply with the Brand’s quality standards and marketing policies.
6. Financial Terms
6.1 Consideration
In consideration for services rendered, the Introducer shall receive a commission equal to [insert percentage] of the turnover generated from sales to potential clients introduced by the Introducer.
6.2 Payment Terms
The Introducer shall invoice the Brand quarterly, with payment due within [insert payment term] from the invoice date.
7. Duration of the Agreement
This Agreement shall commence on the Effective Date and continue for [insert term duration], unless terminated earlier in accordance with Section 8.
8. Early Termination
Either Party may terminate this Agreement immediately if the other Party fails to remedy a material breach within [insert notice period] of written notice.
9. Rules Governing the Agreement
9.1 Law and Jurisdiction
This Agreement shall be governed by [insert governing law] law, with disputes subject to the exclusive jurisdiction of the courts of [insert jurisdiction].
9.2 Entirety of the Agreement
This Agreement constitutes the entire agreement between the Parties, superseding all prior agreements.
9.3 Severability, Adaptation, and Amendment
In the event any provision is deemed void, the remaining provisions shall remain in force.
9.4 Renunciation
Failure to enforce any provision does not constitute a waiver of rights.
9.5 Official Domicile
The Parties agree to the terms herein.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.
[Signature of Brand Representative] [Signature of Introducer]
[Printed Name of Brand Representative] [Printed Name of Introducer]
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