An Affiliate Referral Agreement is a contract between two parties – one providing a product or service, and the other forwarding potential customers to that product or service. In return for driving traffic and referrals, the affiliate receives a commission on any sales that result. This agreement lays out the terms of both parties’ responsibilities and expectations, and defines the obligations of each involved business. By signing an Affiliate Referral Agreement, all parties are protected in case of any disputes over payment or customer tracking – ensuring fair business practices and happy returns all round!