Channel Partner Program Templates

This template does not constitute legal advice, nor does it substitute for legal advice. Always consult with a legal professional before entering into any agreement or contractual obligation. • Referral Partner will provide continuous support in facilitating communication between the Company and the referred potential customer until such time the Company deems the lead as Qualified or unqualified; and • Referral Partner agrees to provide regular status reports to the Company regarding their promotion efforts and referrals, as may be reasonably requested by the Company from time to time. 2.2 Company Duties: The Company agrees to perform the following duties: • The Company will provide the Referral Partner with the necessary information about the Company's services to enable the Referral Partner to effectively promote their products and services; • The Company will track the leads referred by the Referral Partner and keep the Referral Partner informed about the status of these leads; • The Company will pay the Referral Partner the referral fees for Qualified Leads in accordance with the terms and conditions of Exhibit A of this Agreement; and • The Company will provide necessary training and support to the Referral Partner to enable them to fulfill their obligations under this Agreement effectively. SECTION 3: REFERRAL FEES 3.1 Fee: The Company will pay the Referral Partner a referral fee for each Qualified Lead in accordance with the terms and conditions of Exhibit A of this Agreement. 3.1.1 The referral fee will be a fixed fee, sliding rate, or percentage of the total contract value (excluding any applicable taxes) received by the Company from a Qualified Lead for the purchase of the Company's services during the initial term of the agreement with the Qualified Lead. The exact terms are set forth in Exhibit A. 3.1.2 If the Qualified Lead renews its agreement with the Company for additional terms, the Referral Partner will continue to receive the referral fee during those additional terms at the rate specified in Exhibit A. 3.1.3 The referral fee will only be paid for Qualified Leads that are not already existing customers of the Company, are not in the Company's current sales pipeline, and have not been referred by another party. 3.2 Payment Terms: The Company will pay referral fees to the Referral Partner according to the terms in Exhibit A and the following payment terms: • The Company will pay the referral fee within ___ days of the end of the month in which the Company receives payment from the Qualified Lead; • All payments will be made via ________, as designated by the Referral Partner; • The Referral Partner is responsible for any taxes associated with the receipt of the referral fee;

• Cover