Mutual Referral Agreement

Document Summary

This referral agreement is used to enter into a contractual relationship between two parties, whereby each party refers potential clients to the other party in exchange for a specified referral fee. The agreement sets out the terms and conditions in relation to the entitlement of referral fees.

Description

Each party should list the services that it provides and the value of each service in an annex attached to the agreement, to calculate the percentage that each referring party is entitled to.

The referring party is under an obligation to conduct due diligence before referring clients to the company.

This agreement contains the following sections:

1. Preamble
2. Definitions and Interpretation
3. Referrals
4. Payments and Payment Terms
5. Term and Termination
6. No Partnership or Agency
7. Compliance
8. Confidentiality
9. Intellectual Property
10. Representations and Warranties
11. Indemnity
12. Limitation of Liability
13. Severability
14. Notices
15. Entire Agreement
16. No Waiver
17. Further Effect
18. Legal and Binding Agreement
19. Counterparts
20. Variation
21. Language
22. Governing Law and Jurisdiction

Jurisdiction

This document is intended for use in the United Arab Emirates.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Before Execution

• The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
• Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
• Please remove the square brackets and all highlighting prior to signature.