Introduction Agreement Plc

These introductory, royalty and commission agreements are intended to protect the “importing” party and to help ensure that they are paid for the services provided. Whether you are introducing potential companies or companies into known or new contacts, it is always advisable to ensure that the “initiation relationship” is properly documented. If, instead of an introductory agreement, you need an agreement creating an agent-in-principle relationship, you should use one of the agency agreements in the sub-file of agency, sales and franchise agreements instead of one of the agreements in this sub-file. The Commission`s introduction, levy or agreement will also facilitate the negotiation of key variables such as transfer fees and commission rates, as well as competition, confidentiality, circumvention and non-taxation issues. The role of “intermediary” is often underestimated and abused once parties have been created, so the importance of documenting the relationship should give the parties, from the outset, a clear definition of their obligations and obligations. You need to consider the documents in this sub-file that best meet your needs. Note that introductory agreements are in many respects more detailed and elaborate than the Commission`s agreement and reference charges.