New York Form — Web Linking Referral Fee Agreement is a legally binding agreement between two parties involved in an online business partnership. This agreement is designed specifically for businesses based in or operating under the jurisdiction of New York state. The purpose of the agreement is to establish the terms and conditions for referral fees associated with web linking activities. Web linking refers to the practice of redirecting website users from one website to another through hyperlinks. By entering into this agreement, both parties commit to promoting each other's websites by including hyperlinks on their respective platforms. The agreement typically includes the following key components: 1. Parties: The agreement identifies and provides contact details for both the referring party (the party providing the referral links) and the receiving party (the party benefiting from the referral links). 2. Effective Date: This specifies the date from which the agreement becomes valid and enforceable. 3. Referral Fees: The agreement outlines the referral fee structure, including the percentage or fixed fee agreed upon for each successful referral made through the linking activities. 4. Payment Terms: The agreement establishes the payment terms, such as how often the referral fees should be paid, the preferred payment method, and any applicable deadlines for payment settlements. 5. Rights and Obligations: Both parties have certain rights and obligations. The agreement outlines the responsibilities of each party, such as the referring party's duty to ensure the accuracy of referral links and the receiving party's duty to track and report successful referrals. 6. Termination: The agreement will specify the conditions under which either party can terminate the agreement, including providing notice period and reasons for termination. Different types of New York Forms — Web Linking Referral Fee Agreements can exist depending on the specific circumstances of the agreement. Some variations may involve exclusivity clauses, which limit the referring party from promoting competing websites. Other variations may include performance-based referral fees, where the fee structure is based on the success of the referred leads or sales. In conclusion, the New York Form — Web Linking Referral Fee Agreement is an important legal document that ensures fair and transparent referral fee arrangements between parties engaged in web linking activities. It safeguards the interests of both parties and helps establish a mutually beneficial business relationship in the online domain.