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Introducer Agreement for India

Introducer Agreement for India

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Published by: aasim9609 on Mar 29, 2010
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Phone – 01582344585 Fax – 01582415607 Email – dalbasran@debtsettlers.co.uk www.debtsettlers.co.

uk Langham House East, Suite 5

Mill Street LU1 2NA Luton


Proposed Introducer Agreement- Overseas Operations

Without prejudice this agreement is between Debtsettlers Ltd, whose trading address is Suite 5 Langham House East, Mill Street, Luton LU1 agreement. OVERVIEW - The Introducer is an organisation who, while conducting its everyday business, comes into contact with a number of individuals with particular financial needs who could benefit from Debtsettlers services. - Debtsettlers provides complete financial solutions to the clients of Introducers - Debtsettlers and the Introducer have agreed to enter into an association with a view to seeking to improve the range of services that are available to individuals with financial needs so as to give them access to personal financial advice document Drafted Heads of Terms - The Introducer has agreed to provide certain services the Debtsettlers as provided for in this

2NA and The Introducer, whose name and address appear within the signatories to this

1. DEFINITIONS 1.1 Introducer Referral Form; means the document provided to the Introducer on which to submit referrals to Debtsettlers 1.2 FSA; means the Financial Services Authority 1.3 IVA; means Individual Voluntary Arrangement 1.4 DMP; means Debt Management Plan 1.5 OFT; Office of Fair Trading 2. AGREEMENT In consideration for the mutual undertakings contained in this Agreement, the Introducer: Debtsettlers. 2.2 Will ensure that prior to any referral the Introducer has actively sought and gained Debtsettlers 2.3 Undertakes with Debtsettlers at all times to comply with its obligations and any other OFT guidelines. applicable requirement of the TPS, Data Protection Act 1998, Consumer Credit Licence or 2.4 understands that Debtsettlers will pay to the Introducer the Commission Fee in respect of each case where a financial solution is completed ie a pack out. Introducer will generate an invoice detailing any payments due to be paid by Debtsettlers a week in arrears. agreement will supersede the afore said. 3. PROMOTION 3.1 Debtsettlers reserves the right for the Introducer to promote to its clients the services of Debtsettlers 3.2 Debtsettlers reserves the right to agree the contents and form of any marketing or promotional material issued by the Introducer relating to Debtsettlers with permission only 4. CONFIDENTIALITY Recognising that the subject matter of this agreement will introduce the sharing of confidential information: 4.1 The Introducer will treat all information relating to Debtsettlers (other than information which is or becomes in the public domain) in the strictest confidence and will not to make use of such confidence information for any purposes other than in connection with this agreement or as may be agreed with Debtsettlers Ltd 2.5 is aware that this agreement is in no way legally binding and any other contract or permission from the applicant that he/she agrees to the Introducer passing information to 2.1 Agrees to refer any client it believes to be in need of a specific financial solution to

4.2 Debtsettlers Ltd undertakes to hold the information supplied by the Introducer in accordance with the Data Protection Act 1998


5.1 This Agreement may be terminated by either party on not less than 1 month’s notice in writing but in any event may be terminated by either party by written notice in the event of there occurring a material breach of terms hereof 5.2 This Agreement shall terminate immediately upon the bankruptcy or insolvency of either party or if either party makes any composition with its creditors or if the Introducer ceases for any reason to be subject to regulation by the OFT. 5.3 The termination of this Agreement howsoever caused shall be without prejudice to any obligations or rights of any of the parties which have accrued prior to such termination or expressly or by implication intended to come into effect on or to continue in effect after such termination or cessation 6. PARTNERSHIP Introducer 7. ENTIRE AGREEMENT 7.1 This Agreement constitutes the entire agreement between the parties, supersedes any previous agreement or understanding and may not be varied except in writing between the unenforceable in whole or in part, the validity of the remaining provisions and the remainder of the provision in question shall not be affected. 8. LAW parties. If any provision hereof is held by any competent authority to be invalid or cessation and shall not affect any provision prior to such termination or cessation which is

6.1 This Agreement shall not constitute a partnership between Debtsettlers Ltd and the

8.1 These terms and conditions shall be governed by and construed in accordance with English law. The parties submit to the exclusive jurisdiction of the English court 9. Leads Type and 1st trading period: The Introducer will look to supply Debtsettlers Ltd with one or more of the following lead type:

Lower Value Criteria Debt Level 2K Working Yes

DM Hotkey Criteria and Pay Out- Overseas Operations

Number of Creditors 2 Disposable Income £100 Not Currently in a DMP Debtsettlers Payout £35 per pack out Higher Value Criteria Debt Level 5k Number of creditors 2 Working Yes Disposable Income £150 Not currently in a DMP Debtsettlers payout £50 per pack out 10. Payment Terms Debtsettlers Ltd agrees to pay the referrer a sum on a pack out basis based on the lower and upper value criteria. Payment shall be made to the introducers nominated bank account a week in arrears upon successful submission of an invoice.

11. Special Terms/Notes – Debtsettlers agrees to provide accurate reporting to the introducer both manual and automated (wherever possible) to ensure correct invoices to be generated in respect to hot keyed leads. SIGNATORIES On behalf of the Introducer: Signed Company Name

Date Name Position Held Telephone Email Address On behalf of Debtsettlers Ltd: Name Dal Basran Position New Business Manager Email – info@debtsettlers.o.uk Date AS PER EMAIL

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