The Referral Agreement (Executed) provided by FTC Guardian is specifically designed for businesses that value the power of word-of-mouth marketing and want to incentivize successful referrals with referral fees. This agreement provides a simple framework for rewarding referring parties who bring in new business while also addressing concerns about liability related to payment of referral fees.
In this agreement, the referred party is the entity or individual receiving the referrals and is responsible for paying commissions to the referring party for successful referrals. On the other hand, the referring party plays a crucial role by actively sending qualified leads or prospects to the referred party. They receive commissions as compensation for their efforts in generating these valuable referrals.
At FTC Guardian, they understand the importance of establishing clear terms when it comes to rewarding successful referrals and minimizing potential liabilities. Their Referral Agreement (Executed) covers essential aspects such as commission rates, conditions for a valid referral, payment terms, intellectual property rights related to promotional materials, and other important provisions.
Please note that if you are looking for more comprehensive agreements that cover various aspects of reselling products or services online, we offer their Web Specialty Advertising Reseller Agreement (Executed). This agreement is specifically designed for businesses engaged in reselling web specialty advertising services.
Choose an FTC Guardian Referral Agreement (Executed) to establish clear terms, incentivize successful referrals, and foster mutually beneficial relationships with referring parties.
Join numerous website operators who have benefited from FTC Guardian's comprehensive approach to web agreements.
First Published on April 12th, 2018
Last Updated on November 21st, 2023
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