This Agreement ("Agreement") is entered into on the date signed ("Effective Date") between [Dealership Name], an automotive retail company, and 7Social, a marketing agency ("7Social").
1. Purpose
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The purpose of this Agreement is to establish the terms and conditions under which 7Social shall provide lead generation services to Dealership, and Dealership shall provide compensation for referrals received from 7Social.
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2. Services Provided by 7Social
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Lead Generation: 7Social shall utilize its marketing expertise and resources to generate high-quality leads for Dealership through various digital marketing channels, including but not limited to social media advertising, search engine optimization, and content marketing.
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Lead Qualification: 7Social shall ensure that all leads generated meet the specified criteria, including demographic and geographic targeting, as well as any other specific requirements outlined by Dealership.
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3. Compensation
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Payment for Referrals: Dealership agrees to compensate 7Social for referrals received from 7Social that result in the purchase of a vehicle by the referred individual. The specific compensation details, including the nature and value of the referral, shall be mutually agreed upon by both parties. Please enter your referral fee amount below. All referrals are to be paid by the 10th of the following month of purchase as long as deal has funded.
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4. Referral Process
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Submission: 7Social shall submit leads to Dealership by providing the contact information of the referred individual along with any relevant details regarding their interest in purchasing a vehicle.
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Validation: Dealership shall validate the leads provided by 7Social to ensure that they result in the purchase of a vehicle.
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Compensation: Upon successful validation of a referred lead resulting in a vehicle purchase, Dealership shall compensate 7Social in accordance with the terms outlined in Section 3.
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5. Term and Termination
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Term: This Agreement shall commence on the Effective Date and shall continue until terminated by either party in accordance with the terms herein.
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Termination: Either party may terminate this Agreement upon [1] days' written notice to the other party if there is a material breach of any provision of this Agreement by the other party, which remains uncured after [1 days' written notice of such breach.
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6. Confidentiality
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Confidential Information: Both parties agree to keep confidential any proprietary or sensitive information disclosed by the other party during the term of this Agreement, including but not limited to lead information, marketing strategies, and financial details.
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7. Governing Law and Dispute Resolution
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Governing Law: This Agreement shall be governed by and construed in accordance with the laws of 18th Judicial Circuit Courts of Florida.
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Dispute Resolution: Any dispute arising out of or in connection with this Agreement shall be resolved through good-faith negotiations between the parties. If the dispute cannot be resolved amicably, it shall be submitted to mediation or arbitration in accordance with the rules of [Arbitration/Mediation Organization].
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8. Miscellaneous
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Entire Agreement: This Agreement constitutes the entire agreement between the parties concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral.
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Amendment: Any amendment to this Agreement must be made in writing and signed by both parties.
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In witness whereof, the parties hereto have executed this Agreement as of the Effective Date below written.