RCA
Referral Commission Agreement
(RCA)
1. Agreement
Process
2. Referral Services
3. Qualified Referral
4. Commission
5. Payment Terms
6. Independent Contractor Status
7. Term & Termination
8. Confidentiality
9. Representations & Warranties
10. Indemnification
11. Governing Law
12. Entire Agreement
Agreement
This Referral Commission Agreement (the “Agreement”) is entered into as of (the “Effective Date”), by and between:
Raven Enterprise LLC & (Full Legal Name of Referrer), (Referrer's Address), & (Referrer’s Phone Number), known as (the “Referrer”) and collectively, the “Parties,” and each a “Party.”
WHEREAS, Raven Enterprise LLC provides digital asset management services, including the secure custody, strategic oversight, and facilitation of client funds into cryptocurrencies, with a focus on ISO 20022-compliant tokens and proven blockchain solutions;
WHEREAS, the Referrer desires to refer potential clients to Raven Enterprise LLC in exchange for a commission on fees earned by Raven Enterprise LLC from such referrals;
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the Parties agree as follows:
Referral Services
The Referrer is encouraged to refer potential clients (“Prospects”) to Raven Enterprise LLC by providing the Prospect’s contact information and encouraging the Prospect to engage Raven Enterprise LLC’s services. Referrals must be made in good faith and comply with all applicable laws. Raven Enterprise LLC is under no obligation to accept any Prospect or enter into any agreement with a referred Prospect.
Qualified Referral
A “Qualified Referral” means a Prospect who (1) is referred by the Referrer; (2) has not previously been in contact with or engaged Raven Enterprise LLC’s services within the past 6 months; (3) enters into a valid client agreement with Raven Enterprise LLC and pays a deposit fee as a direct result of the referral (a “Closed Referral”).
Commission
For each Closed Referral, Raven Enterprise LLC shall pay the Referrer a commission equal to four percent (4%) of the fee that Raven Enterprise LLC receives and retains from the Closed Referral, which is 5%.
Example: If Raven Enterprise LLC receives and retains a 5% fee of $100,000 from the Closed Referral, the Referrer shall receive 4% of that $100,000 amount, or $4,000.
1. The commission is calculated on the gross deposit collected.
2. No commission is payable if the client relationship terminates before any fee is collected.
Payment Terms
Commissions shall be paid within 30 days after which Raven Enterprise LLC receives the new client’s initial deposit/final withdrawal. Payments shall be made via cash or check to the account or address designated by the Referrer in writing. The Referrer is solely responsible for all taxes on commissions received.
Independent Contractor Status
The Referrer is an independent contractor and not an employee, agent, partner, or joint venturer of Raven Enterprise LLC. The Referrer shall have no authority to bind Raven Enterprise LLC or make representations on its behalf.
Term & Termination
This Agreement commences on the Effective Date and continues until terminated by either Party upon 30 days’ written notice. Raven Enterprise LLC may terminate immediately for cause (e.g., breach, unethical conduct, or violation of law). Commissions on Closed Referrals earned prior to termination shall continue to be paid as set forth herein.
Confidentiality
Each Party agrees to keep confidential any non-public information received from the other Party and to use it solely for purposes of this Agreement.
Representations & Warranties
The Referrer represents that it will make referrals in compliance with all applicable laws, including any securities, investment advisory, or cryptocurrency regulations, and will not make false or misleading statements about Raven Enterprise LLC’s services.
Indemnification
Each Party agrees to indemnify and hold harmless the other Party from any claims, losses, or damages arising from its own breach of this Agreement or violation of law.
Governing Law
This Agreement shall be governed by the laws of the State of Michigan, without regard to conflict of laws principles.
Entire Agreement
This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements. Any amendments must be in writing and signed by both Parties.
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