Internet Referral Fee Agreement

INTERNET REFERRAL FEE AGREEMENT

This Internet Fee Referral Agreement (the "Agreement") is entered into between _______________, a ________ corporation (the "Company") and the undersigned product or services Seller (the "Seller"). RECITALS Seller is interested in working with the Company in certain marketing and commerce arrangements. Certain initially capitalized terms are defined in Exhibit 1 and certain additional terms are contained therein as well. Therefore, the parties agree as follows:

1. Promotion of Seller’s Products. Seller grants to the Company a non-exclusive right to promote Seller's Products during the term of this Agreement on or through the Company's Web site at www._______________ (the "Site"). Seller's Products will be promoted in the manner set forth in Exhibit 1. Seller will reasonably cooperate with the Company to effect the transactions contemplated above. Seller is solely responsible for all fulfillment and shipping and any costs associated therewith.
   
   
2. Term and Termination.
   
   a. The initial term of this Agreement shall be ____ (__) [years][months] from the date hereof. Thereafter this Agreement will renew automatically for additional terms of six (6) months unless either party shall given written notice at least 60 days prior to any such renewal that the Agreement shall not so renew.
   
   b. In the event of a material breach of this Agreement, the non-breaching party shall have the right to terminate this Agreement. A party shall give notice of a material breach and the breaching party shall have fifteen (15) days to cure the breach before formal termination of this Agreement can occur. The provisions of Sections 3, 4, 5, 6 and 7 will survive any termination of this Agreement.
   
   
3. Compensation. Seller will pay the Company a referral fee on Products sold to Company Customers, in the amount set forth in Exhibit 1. Payments for the referral fee owed for all Products sold to Company Customers shall be made within 30 days after the close of the month in which purchases are made. Any late payments of commissions shall accrue interest at the rate of 1% per month, or the maximum permitted by law, whichever is less. Seller shall provide to the Company a written commission report within thirty (30) days after the close of each month setting forth (1) the names, addresses, phone numbers and email addresses (when provided) of Company Customers; (2) the Products purchased by Company Customers with sales prices, (3) the commission owed to the Company, and (4) such additional information as may be reasonably requested by Company…