A business referral agreement is an agreement for the provision of referral services by referrers (also known as an introducer) to business operators.
The function of a business referral agreement is to set out the precise scope of the agreement between the referrer and the business operator. It will establish the rights and obligations of the referrer and the business operator in relation to their referrer-referee relationship.
For example, the agreement will include terms on the fees or commission which the referrer will receive in exchange for referring business to the business operator.
For a guide to business referral agreements in Singapore, click here.
If you need help customising your business referral agreement, feel free to get in touch with one of our corporate lawyers.
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