North Carolina Web Linking Referral Fee Agreement is a legal contract that outlines the terms and conditions under which a website owner or promoter will receive referral fees in exchange for driving traffic or sales to another website through web linking. This agreement is commonly used in affiliate marketing and online referral programs. The North Carolina Web Linking Referral Fee Agreement typically includes the following key elements: 1. Parties: Clearly identifies the parties involved in the agreement, namely the website owner/promoter (referred to as the "referrer") and the website receiving the traffic/sales (referred to as the "referred"). 2. Purpose: Specifies the purpose of the agreement, which is to establish a mutual relationship where the referrer directs traffic or leads to the referred's website for potential sales or conversions. 3. Referral Fees: Outlines the referral fee structure, including the percentage or flat fee that the referrer will receive for each successful referral or conversion made through their web links. The agreement may also specify the method of payment, such as monthly or quarterly payouts. 4. Web Linking Obligations: Sets out the obligations and responsibilities of both parties regarding the placement and use of web links. This includes guidelines for the placement of links, usage restrictions, and compliance with relevant laws and regulations. 5. Referral Requirements: Defines the criteria for a referral to be considered valid. This may include the minimum purchase amount, verification of referred customers, or other applicable conditions. 6. Termination: Details the circumstances under which either party can terminate the agreement, such as breach of terms, non-performance, or expiration of a specified time period. It may also describe the process for giving notice of termination and any associated consequences. 7. Indemnification: States that both parties agree to indemnify and hold each other harmless against any claims, damages, or liabilities arising from the agreement or their respective actions or omissions. Different types of North Carolina Web Linking Referral Fee Agreements may vary in terms of their specific clauses and additional provisions based on the nature of the referral program or the industry in which it operates. However, the general purpose and structure of the agreement remain consistent across various types of referral relationships.