PARTNERSHIP AGREEMENT
Between: Claudia Sherrin (Innovative Marketing SA®) and [Client Name] ([Client Company]) (Hereinafter referred to as “the Parties”)
Effective Date: [Year]
PRICING & PAYMENT TERMS
Discounted Pricing:
- Innovative Marketing SA® will receive a preferential pricing structure on projects undertaken with Selloff Pty Ltd, and vice versa.
- This discount must be factored into quotations provided to Innovative Marketing SA®.
Commission Structure:
- Innovative Marketing SA® will invoice the client directly, adding a 20% commission fee.
- Selloff Pty Ltd will invoice Innovative Marketing SA® for its portion of the project costs.
- Payment to Selloff Pty Ltd will be made upon receipt of funds from the client.
Payment Terms & Conditions (TCs):
- Selloff Pty Ltd’s payment TCs will be included in all client quotes.
- If no specific TCs are provided by Selloff Pty Ltd, none will be included in the agreement with the client.
CLIENT OWNERSHIP & RELATIONSHIPS
- Clients referred by Innovative Marketing SA® to Selloff Pty Ltd remain the exclusive clients of Innovative Marketing SA®.
- Selloff Pty Ltd shall not directly solicit, approach, or contract with these clients unless agreed upon in writing.
- The same conditions apply for clients referred by Selloff Pty Ltd to Innovative Marketing SA®.
DATABASE PRIVACY & PROTECTION
Data Ownership:
- All client databases provided by Innovative Marketing SA® remain its exclusive property.
- Selloff Pty Ltd may only use the database for agreed-upon purposes and shall not sell, reuse, or distribute it.
Confidentiality:
- Any unauthorised distribution of the database will hold Selloff Pty Ltd liable for legal consequences under South African data protection laws (POPIA) and relevant South African regulations where applicable.
CLIENT CORRESPONDENCE & PROJECT DELIVERY
Projects Managed by Selloff Pty Ltd:
- Innovative Marketing SA® will provide initial project information.
- Selloff Pty Ltd will liaise with clients for technical and project completion matters.
- Selloff Pty Ltd assumes full financial and legal responsibility for any issues with the final product.
- Innovative Marketing SA® must be CC’d in all client correspondence.
Projects Managed by Innovative Marketing SA®:
- Selloff Pty Ltd will provide initial project information.
- Innovative Marketing SA® will liaise with clients for technical and project completion matters.
- Innovative Marketing SA® assumes full financial and legal responsibility for any issues with the final product.
- Selloff Pty Ltd must be CC’d in all client correspondence.
ACCOUNT ACCESS & EMPLOYEE PROTECTION
Account Access:
- Innovative Marketing SA® will have full access to all client projects for marketing-related purposes.
Non-Solicitation Clause:
- Neither party shall solicit or offer employment to the other party’s employees for the duration of the agreement and for a period of 12 months post-termination.
RECIPROCATION AGREEMENT
Mutual Discount Arrangement:
- Should Selloff Pty Ltd engage Innovative Marketing SA®’s services for a client, a reciprocal 20% discount will be extended by Innovative Marketing SA® to Selloff Pty Ltd.
GENERAL TERMS & CONDITIONS
Governing Law & Jurisdiction:
- This agreement is governed by South African law.
- Any disputes will be resolved under the jurisdiction of South African courts.
Amendments & Termination:
- Any changes to this agreement must be in writing and signed by both parties.
- Either party may terminate the agreement with 30 days written notice.
Acceptance of Terms:
- By signing this agreement, both parties confirm that they have read, understood, and agree to abide by the Terms & Conditions of Selloff Pty Ltd, as detailed here:
SIGNATURES
For and on behalf of Innovative Marketing SA®
Name: Claudia Sherrin
For and on behalf of Selloff Pty Ltd
Name: [Client Name]
Approved by CLAUDIA SHERRIN and on behalf of Innovative Marketing SA®
Please type your full name below, and sign in the large box underneath using your stylus, your mouse, or your finger to authorise the contract. By electronically signing this document, you agree to the terms as mentioned above. After the document is signed, you can proceed to print it.
Client Information
Signed by Robert Griesel on Fri Jun 12 2020 10:47:32 GMT+0200 (South Africa Standard Time)
IP Address: 197.229.131.132