Agreement for revenue sharing
Hinal (Chartered Accountant) (32 Points)
29 January 2013
Agreement for revenue sharing
Ankit
(CA, CS)
(3064 Points)
Replied 29 January 2013
Dear Hinal,
you have to make an agreement for payment of commission, such as a Memorandum of Understanding, wherein you agree to pay commission to the person who will refer the client to you.
Ideally, the agreement should contain the clauses such as you will not solicit the clients referred to you, payment of interest on late payment of the commission by you, etc
- Ankit
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