Sales Lead/Finders Fee Agreement

 

This Agreement is made and entered into on ________________, 20___ by and between SoftSearch Inc. (the “Distributor”) and ________________________________________________________________ (the “Supplier”).

1.       Finders Fee for Sales Leads Passed Directly to Supplier

The Finder's Fee will be ______ % of the total value of sales by the Supplier to the client referred by the Distributor.

In the case that a sales lead provided by The Distributor is for a client that the Supplier is already supplying that product to, the Supplier must provide evidence in the form of an invoice to The Distributor within 2 working days. 
If the lead is for products or services other than those that the client is already obtaining from the Supplier, a finder's fee of ______ % shall be applicable.

A sales lead will contain contact information of potential clients who have expressed to The Distributor an interest in purchasing products and services that the Supplier provides, and emailed to the email address identified below.

2.       Payments

Finder's Fees apply to the total value of purchases by the client for a period twelve months from the date of the

client's referral and subsequent first purchase. Within 15 days of receiving a payment from the client, the Supplier will forward the finder's fee to The Distributor.

3.       General Provisions

a)       Supplier shall provide Distributor with up-to-date descriptions and technical details regarding each of the Supplier’s Products necessary to help End Users make a purchase decision. As new releases, updates or revisions of the Software are introduced by the Supplier, the Supplier shall provide complete updated details. Direct addition to the Distributor’s website or delivery in other computer readable form such as Email attachment is preferred.

b)       Supplier shall promptly notify the Distributor of any of the Supplier’s Products that have been discontinued and are no longer available for sale.

c)       Lead status reports will be sent by the Supplier to the Distributor each month.

d)       Each party acknowledges and agrees that any information relating to the other party’s business which is not generally known to the public is confidential and proprietary information. Neither party will disclose the Confidential Information to third parties without prior written agreement.

e)       This agreement may be amended from time to time by mutual consent. Any amendments to this agreement must be in writing and signed by both parties.

f)        This Agreement will continue in effect unless terminated by either party upon sixty (60) days written notice.
If terminated by the Supplier, then finder’s fees shall continue to apply as outlined above for all sales leads passed to the Supplier by the Distributor prior to the effective termination date (60 days after written notice).

g)       This Agreement shall be governed by and construed in accordance with the substantive laws of the Province of British Columbia, Canada.

h)       The parties have read this Agreement and agree to be bound by its terms, and further agree that it constitutes the complete and entire agreement of the parties and supersedes all previous communications, oral or written and all other communications between them relating to the license and to the subject hereof. No representations or statements of any kind made by either party, which are not expressly stated herein, shall be binding on such party.

Agreed by        SoftSearch Inc.:						Agreed by:
								[Vendor]
	171 Water St., 2nd Floor					Address:
	Vancouver, BC, Canada V6B 1A7
	604-681-0516  /  1-800-667-6503					Phone:
By:						By:
	[Signature]							[Signature]
	[Name of Authorized Representative]							[Name of Authorized Representative]
Date:	________________________					Date:		________________________
						Lead Email:		__________________________________
SoftSearch Office Use Only:		Agreement Entered:		q	Date:		____________________________________