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Transaction Fee Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Transaction Fee Agreement

"I need a Transaction Fee Agreement for my Dubai-based financial advisory firm to charge clients 2% of transaction value for M&A advisory services, with quarterly payments and a minimum fee threshold of 50,000 AED per transaction."

Document background
The Transaction Fee Agreement is essential for businesses operating in the UAE that charge fees based on transaction values or volumes. This document is commonly used in financial services, advisory services, and commercial transactions where one party provides services to another for a fee calculated as a percentage of transaction value or fixed amount per transaction. The agreement must comply with UAE federal laws, including the Civil Code and Commercial Code, as well as specific regulations from the UAE Central Bank and relevant emirate authorities. It typically includes detailed fee calculations, payment mechanisms, service levels, and compliance requirements, making it suitable for both regulated and non-regulated business activities in the UAE market.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details as per UAE requirements

2. Background: Context of the agreement, relationship between parties, and purpose of the transaction fee arrangement

3. Definitions: Detailed definitions of key terms used throughout the agreement, including specific transaction types and fee categories

4. Scope of Services: Detailed description of the services or transactions for which fees will be charged

5. Fee Structure: Comprehensive breakdown of all applicable fees, calculation methods, and payment terms

6. Payment Terms: Timeline and method of payment, including currency, payment mechanics, and late payment consequences

7. Representations and Warranties: Standard representations from both parties regarding authority, capacity, and compliance with UAE laws

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Provisions for protecting confidential information exchanged during the course of the agreement

10. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Additional Services: Used when there are supplementary services that may be provided beyond the core transaction services

2. Performance Metrics: Include when specific service levels or performance standards need to be maintained

3. Currency Exchange: Required when transactions involve multiple currencies and exchange rate provisions

4. Force Majeure: Optional but recommended clause for addressing unforeseen circumstances

5. Anti-Money Laundering Compliance: Detailed section required when dealing with significant financial transactions or regulated entities

6. Data Protection: Required when personal data processing is involved in the transaction services

7. Shariah Compliance: Include when parties require compliance with Islamic finance principles

Suggested Schedules

1. Schedule 1 - Fee Schedule: Detailed breakdown of all fee types, amounts, and calculation methodologies

2. Schedule 2 - Service Level Requirements: Specific performance metrics and service standards if applicable

3. Schedule 3 - Transaction Types: Comprehensive list and description of covered transaction types

4. Schedule 4 - Authorized Representatives: List of authorized persons who can act on behalf of each party

5. Schedule 5 - Reporting Requirements: Format and frequency of transaction and fee reports

6. Appendix A - Form of Invoice: Template for fee invoices and required supporting documentation

7. Appendix B - Compliance Certificates: Templates for periodic compliance certifications if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



























Clauses





























Relevant Industries

Financial Services

Banking

Investment Banking

Real Estate

Consulting

Corporate Advisory

Mergers and Acquisitions

Private Equity

Asset Management

Professional Services

Commercial Trading

Business Services

Relevant Teams

Legal

Finance

Compliance

Treasury

Commercial

Operations

Risk Management

Business Development

Contract Administration

Client Services

Transaction Processing

Relevant Roles

Chief Financial Officer

Legal Counsel

Compliance Officer

Finance Director

Commercial Director

Treasury Manager

Business Development Manager

Contract Manager

Financial Controller

Operations Manager

Transaction Manager

Risk Manager

Relationship Manager

Managing Director

Chief Executive Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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