A business referral contract may refer to the contracts which record the arrangements formed between two or more business entities wherein all the business organizations help the other organization(s) in business growth by reference. This form of arrangement benefits all the parties involved. A sample of the contract which displays the arrangement is given below.
Sample Business Referral Contract
This contract has been prepared by between the business organizations by name of M/s Masterson Bakers & Caterers and M/s Henderson Forth Organizers, as on the 11th of February 2012 which is the ‘effective date’.
The contract certifies that both the parties in this contract must refer the other business organization to prospective clients so as to promote the business. Each of the business organization involved will promote the other business in return that the other business entity does the same for the former business organization.
Details of Business Organization 1:
Registered Name: M/s Bakers & Caterers
Authorized Signatory: Mr. Jack Dudley
Official Address: Plot No. 35, Manhattan, 7th Block, New York, USA.
Contact No.: 896-54-633
Details of Business Organization 2:
Registered Business Name: M/s Henderson Forth Organizers
Authorized Signatory: Mr. Henry Hopkins
Address: Plot 4, St. William Lane, New York, USA.
Contact No.: 896- 82-227
Terms of Contract:
- 1. The contract is legally binding, thus any violation of the mutual contract is punishable by law.
- 2. None of the parties involved may seek a commission or any other monetary compensation from the other organizations. The contract is a mutually beneficial arrangement.
_____________________ (Mr. Jack Dudley)
_____________________ (Mr. Henry Hopkins)