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Contrathèque | Business transfer agreement

Would you like to use a broker to draw up a business transfer contract? Discover our contract software and Legal Pilot's automated business referral contract model! 

What is a business referral contract? 

The business introducer is an intermediary who, in execution of an agreement with a trader, an industrialist or a group, canvasses a market to bring them new customers or suppliers.

In compensation, the business introducer receives a commission. This activity does not create any risk for either party: if no business relationship is concluded, no commission is due.

The challenges of the business referral contract

The obligations of the business introducer

The business introducer is committed to working with respect for the reputation and brand image of the company and its products.

Then, the business introducer shall under no circumstances act in the name of and on behalf of the company, and in particular shall be prohibited from concluding contracts in its name.

Depending on the case, the business introducer may be prohibited from negotiating the company's terms of sale.

Generally, it is expected that the business introducer must maintain the confidentiality of the terms of the contract, both during its execution and after its expiry in an unlimited manner.

The company's obligations

The company should communicate to the business introducer all the information and documents needed to carry out its mission.

The company must then inform the business introducer of the progress of negotiations with the potential clients passed on, in accordance with the agreed periodicity. This obligation is essential when the business introducer is commissioned on the turnover generated by the company.

Also, the company must pay the commissions due to the business introducer in accordance with the terms of the contract.

Finally, the contract may stipulate that the company guarantees to the business introducer that its products comply with all applicable standards, particularly in terms of conformity and safety.

Composition of the model

This model has been automated by Legal Pilot to save you valuable time in drafting your confidentiality agreement.

The business referral contract is not governed by any law. It can therefore be drafted in a completely free manner. 

However, in order to be properly defined, it must include important clauses: identification of the parties to the contract, the purpose of the referral contract, the terms of the referral, the terms of commission and the duration of the contract. 

Automation with Legal Pilot

This model has been automated on the Legal Pilot platform. You can thus modify the framework of the contract, add or remove certain clauses or questions, etc.

For download this templateTo access your personal space, click on the "Login" button

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