Agents distinguish themselves from agents by not selling or transmitting orders or by accepting orders on behalf of the other party. They only refer potential customers to the supplier. Once the introduction is completed, the importer no longer plays any role in the relationship between the supplier and the potential customer. This agreement was not established in accordance with the rules of the ACF or the Financial Services and Markets Act 2000 and therefore does not undertake to comply with it. This agreement is therefore unsuitable for the introduction of clients for financial services such as insurance products or investment advice. 2. BS.COM.04 Introductory Agreement (Current Relations – Fixed Costs) – Developed for a number of short-term contracts in which the supplier makes many separate transactions with the same customer over a period of time. The importer receives a fixed fee for a number of these transactions until a “current business relationship” is established, giving the importer a final tax. 1.
BS.COM.03 Introduction Agreement (fixed fee) – Designed for one-off contracts of any duration. The importer will receive a fixed fee as soon as the contract between the supplier and the imported customer has been concluded. This model contains an optional clause in which the supplier defines certain criteria that potential customers should meet. The agreement also contains anti-corruption provisions – which are designed to be “SME-friendly” with a relatively simple scope and language. In this agreement, “deployment” is considered an “introduction” after providing a potential customer`s contact information to the supplier. No commission or commission is due to the importer at the time of introduction, but can be paid when payments are received from time to time (within an agreed time frame) by the supplier by the customer. While this model and the following three alternative introductory agreements have many elements in common in this sub-file, the three alternatives each have their own specificities: this introductory agreement (Commission) is intended to be used in situations where a supplier of goods or services wishes to hire a supplier other than the customer guide. The proposal also provides for an “introductory period” (to be agreed between the parties) to protect both the importer and the supplier.
The delay protects the importer by requiring the supplier to make reasonable efforts to enter into a contract with an imported customer within a specified period of time, thus ensuring that the importer receives its commission. The limit also protects the supplier by setting a specified maximum time limit agreed upon by the parties, a reasonable period within which the importer can collect a commission. 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 document. 1. Definitions and interpretation 2. Appointment of the introductor s 3.
Introductions 4. Supplier commitments 5. Introduction Commission and payment 6. Anti-corruption 7. Confidentiality 8. Data protection 9. Case of force majeure 10. Duration and termination 11. Consequences of termination 12.
No renunciation to 13. Other insurance 14. Fee 15. Set-off 16. Disposal and subcontracting 17. Time 18. Relationships of the contracting parties 19. Third-party rights 20.