This Fixed Fee Introducer Agreement is designed for use in situations where a supplier of goods or services wishes to engage another as an introducer of clients. An introducer differs from an agent in that an introducer does not undertake any selling or pass on any orders or accept any orders on the other party’s behalf. They only refer potential clients on to the supplier. Once the introduction is made, the introducer has no further role in any contract between the supplier and the potential client. In this agreement, the "introduction" is deemed to take place upon the provision of a potential client's contact details to the supplier. A fixed fee is payable to the introducer when the supplier enters into a contract with a client introduced to them by the introducer. This template includes an optional clause whereby the supplier specifies certain criteria which potential clients should meet. A further option allows the parties to agree upon a target number of potential clients to be introduced within a given period. The template also provides for an “introduction time limit” (to be agreed between the parties), to protect both the introducer and the supplier. The time limit protects the introducer by requiring the supplier to use reasonable endeavours to enter into a contract with an introduced client within a certain period of time, thus ensuring that the introducer receives their fee. The limit also protects the supplier by setting a stated maximum period which the parties agree provides a reasonable time limit within which the introducer may claim a fee. The agreement also includes anti-bribery provisions – designed to be “SME friendly” with relatively straightforward scope and language. Whilst this template and the following three alternative Introducer Agreements in this subfolder have many elements in common, the three alternatives each have their own distinctive features: 1. BS.COM.03A Introducer Agreement (Commission) – Designed for one-off contracts with a medium to long-term duration under which the supplier will receive multiple payments from a client and the introducer is to be paid a percentage commission on those payments for a defined period. 2. BS.COM.04 Introducer Agreement (Ongoing Business Relationship – Fixed Fees) – Designed for a string of short-term contracts under which the supplier will enter into many separate transactions with the same client over a period of time. The introducer is to receive a fixed fee for a certain number of those transactions until an “ongoing business relationship” is deemed established whereupon the introducer receives a final fee. 3. BS.COM.04A Introducer Agreement (Ongoing Business Relationship – Fixed Fee + Commission) – Designed for much the same scenario as BS.COM.04 but includes the payment of a percentage commission on the transactions leading up to the formation of the ongoing business relationship between the supplier and introduced client rather than fixed fees. Fixed fees remain payable on the introduction itself, and on the establishment of the ongoing business relationship. This document is compliant with the GDPR (General Data Protection Regulation) and the Data Protection Act. This agreement has not been created in accordance with FCA rules or the Financial Services and Markets Act 2000 and as such makes no reference or commitment to abiding by them. This agreement is therefore unsuitable for the introduction of clients for financial services such as insurance products or investment advice. Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document. This Introducer Agreement (Fixed Fee) contains the following clauses: 1. Definitions and Interpretation 2. Appointment of the Introducer 3. Introductions 4. Supplier’s Obligations 5. Introduction Fees and Payment 6. Anti-Bribery Provisions 7. Confidentiality 8. Data Protection 9. Force Majeure 10. Term and Termination 11. Effects of Termination 12. No Waiver 13. Further Assurance 14. Costs 15. Set-Off 16. Assignment and Sub-Contracting 17. Time 18. Relationship of the Parties 19. Third Party Rights 20. Notices 21. Entire Agreement 22. Counterparts 23. Severance 24. Dispute Resolution 25. Law and Jurisdiction and the following schedules: 1. The Supplier’s Business [2. Prospective Client Criteria] [3. The Introducer’s Anti-Bribery Policy] [4. The Supplier’s Anti-Bribery Policy] [5. Each Party's Privacy Notice] This document is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes. Once you have purchased access to the appropriate document folder click on the “Download Document” link below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.