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Referral Partner Agreement Template for Nigeria

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Key Requirements PROMPT example:

Referral Partner Agreement

"I need a Referral Partner Agreement for my fintech company based in Lagos, where we'll be paying commission-based fees to partners who refer merchants to our payment processing platform, with the agreement starting from March 2025."

Document background
The Referral Partner Agreement is a critical business document used when companies in Nigeria wish to formalize arrangements where one party generates leads or business opportunities for another in exchange for compensation. This document type is essential for businesses looking to expand their market reach through strategic partnerships while ensuring compliance with Nigerian regulatory requirements. The agreement typically includes detailed sections on referral processes, fee structures, compliance obligations, and operational procedures. It incorporates necessary provisions to comply with Nigerian legislation, including data protection, anti-corruption, and commercial laws. The document is particularly important in regulated industries where clear documentation of business relationships is required, and it helps protect both parties by clearly defining their rights, responsibilities, and the terms of their collaboration.
Suggested Sections

1. Parties: Identification of the principal company and the referral partner with full legal names and addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement including 'Referral', 'Qualified Lead', 'Referral Fee', etc.

4. Appointment and Scope: Terms of appointment as referral partner and scope of referral services

5. Referral Process: Detailed process for making and tracking referrals

6. Referral Fees and Payment Terms: Fee structure, calculation method, payment terms and conditions

7. Obligations of the Principal: Principal company's responsibilities in handling referrals and supporting partner

8. Obligations of the Referral Partner: Partner's duties, performance standards, and compliance requirements

9. Compliance with Laws: Obligations to comply with Nigerian laws including data protection and anti-corruption

10. Confidentiality: Protection of confidential information exchanged during the referral relationship

11. Intellectual Property: Protection and usage rights of trademarks, logos, and other IP

12. Term and Termination: Duration of agreement and grounds for termination

13. General Provisions: Standard clauses including governing law, notices, assignment, and entire agreement

Optional Sections

1. Non-Competition: Restrictions on partner's ability to refer to competitors, used when exclusivity is required

2. Marketing and Promotion: Guidelines for marketing activities and use of promotional materials, included when partner will conduct marketing

3. Training and Support: Details of training and support provided by principal, included for complex products/services

4. Performance Targets: Specific referral targets and consequences of meeting/missing them, used for performance-based relationships

5. Audit Rights: Right to audit partner's referral records, included for high-value or regulated industries

6. Insurance Requirements: Specific insurance coverage requirements, included for high-risk activities

7. Data Protection Compliance: Detailed NDPR compliance requirements, included when significant personal data is processed

8. Dispute Resolution: Specific dispute resolution procedures, included for high-value agreements or international partners

Suggested Schedules

1. Schedule 1 - Referral Fee Structure: Detailed breakdown of referral fees, commission tiers, and calculation methods

2. Schedule 2 - Referral Process Flow: Step-by-step process flow for making and processing referrals

3. Schedule 3 - Reporting Requirements: Templates and timing for referral reporting

4. Schedule 4 - Approved Marketing Materials: List of approved marketing materials and usage guidelines

5. Schedule 5 - Service Level Agreement: Performance standards and response times for handling referrals

6. Appendix A - Contact Details: Key contact persons and their details for both parties

7. Appendix B - Compliance Checklist: Checklist of regulatory compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























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Relevant Industries

Financial Services

Technology

Telecommunications

Professional Services

Real Estate

Insurance

Healthcare

Education

Manufacturing

Retail

Consulting

Energy

Banking

Relevant Teams

Legal

Business Development

Sales

Compliance

Marketing

Partner Relations

Commercial

Operations

Finance

Risk Management

Relevant Roles

Business Development Manager

Partner Relations Manager

Sales Director

Chief Commercial Officer

Legal Counsel

Compliance Officer

Channel Manager

Partnership Director

Chief Executive Officer

Marketing Director

Account Manager

Business Development Executive

Sales Operations Manager

Contract Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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