Introducer Agreement South Africa

In addition to the basic obligation to pay commissions, the agreement includes a procedure whererishly one party must disclose to the other party the amount of commissions regularly due during the duration of the agreement. It also contains a review provision allowing the receiving party to verify the calculations of the paid part. The parties are independent experts. This agreement is by no means an employment contract, since the parties expressly oppose any employment relationship as an essential condition without which they would not have entered into this agreement. An importer does not distinguish itself, as an importer, from the sale of the other party`s products or services, but returns a potential customer, either by simple customer information about the goods or services provided by the supplier, or by the active disclosure of contact information and so on to the supplier of the product. Once the introduction is completed, the importer resigns and will no longer play any role in the relationship between the supplier and the customer. The sale and delivery remain the sole responsibility of the supplier. This agreement is most likely useful for a company that sells high-quality goods or accepts high-value contracts. If you need an agreement to deal with the situation in which the provider is not targeting a particular customer or type of customer, but is generally looking for new habits, you should use any of the commission agreements or referral fees available in the document links below. Optional phrases/clauses are included in the brackets. These must be carefully read and selected to be compatible. Unused options should be removed from the agreement.

The agreement can only be amended by the explicit and written mutual agreement of the contracting parties, in which case any modification or waiver of a provision of this agreement is annexed to the agreement and attached to the agreement. If you need an agreement creating a prinzipal agent relationship, you should use one of the agency agreements available on the corresponding document links below. In all cases, the introductor must never act on behalf of and on behalf of the brand. In particular, it will not reach an agreement on behalf of the brand. At the expiry or expiry of the contract, the brand may continue its commercial relationship with potential customers that the importer imports, without any remuneration or compensation from the importer. In our Recommendation Partnership Agreement, you will find a document specifically related to customer introductions that covers the relationship between a service provider and a referral partner in general. The cornerstones of this agreement are three defined terms. The relationship can be ad hoc, intermittent or regular. This agreement was established for a business relationship that is not that of a standard distribution agent. Discussions have taken place and the parties have decided to conclude this agreement, known as the “agreement,” including its recitals and annexes, which are included in this agreement and are indivisible.