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Introduction Fee Agreement Template for Canada

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Key Requirements PROMPT example:

Introduction Fee Agreement

"I need an Introduction Fee Agreement for my business consulting firm in Ontario, where we'll receive 5% commission for introducing potential clients to software development companies, with the agreement starting January 2025."

Document background
The Introduction Fee Agreement is a crucial document for businesses operating in Canada who wish to formalize arrangements where one party is compensated for making valuable business introductions to another. This document is commonly used in various scenarios such as business brokerage, client referrals, or strategic partnership introductions. It requires careful consideration of both federal and provincial Canadian laws, particularly regarding contract formation, commercial relationships, and privacy requirements. The agreement typically includes detailed fee structures, payment terms, confidentiality provisions, and clearly defined success criteria. It's essential for protecting both parties' interests and ensuring clarity around when and how introduction fees become payable.
Suggested Sections

1. Parties: Identifies and defines the introducer, recipient, and any other parties to the agreement

2. Background: Sets out the context and purpose of the agreement, including the introducer's role and recipient's requirements

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Introduction Services: Details the specific introduction services to be provided

5. Fee Structure: Specifies the introduction fee amounts or percentages and when they become payable

6. Payment Terms: Outlines payment timing, method, and any conditions precedent

7. Confidentiality: Addresses confidentiality obligations regarding the introduction and related information

8. Term and Termination: Specifies duration of the agreement and termination rights

9. Representations and Warranties: Standard warranties about capacity and authority to enter agreement

10. Limitation of Liability: Limits the introducer's liability regarding introductions

11. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law

Optional Sections

1. Exclusivity: Used when the introducer has exclusive rights to make certain introductions

2. International Payments: Include when parties are in different jurisdictions to address currency and cross-border payments

3. Regulatory Compliance: Required when introductions involve regulated activities or sectors

4. Non-Circumvention: Include to prevent direct dealings that bypass the introducer

5. Data Protection: Required when personal data will be shared as part of introductions

6. Anti-Bribery Compliance: Include when dealing with public sector or high-risk jurisdictions

7. Ongoing Services: Used when introducer provides additional services beyond initial introduction

8. Success Criteria: Include when fee is contingent on specific outcomes or metrics

Suggested Schedules

1. Schedule 1 - Fee Schedule: Detailed breakdown of fee structure, including any tiered fees or success-based components

2. Schedule 2 - Introduction Process: Step-by-step process for making and accepting introductions

3. Schedule 3 - Reporting Template: Format for reporting successful introductions and calculating fees

4. Schedule 4 - Prohibited Introductions: List of any excluded parties or types of introductions

5. Appendix A - Contact Details: Key contact information for all parties

6. Appendix B - Required Information: Template for information required to make introductions

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

Real Estate

Professional Services

Investment Banking

Private Equity

Technology

Manufacturing

Business Services

Recruitment

Mergers & Acquisitions

Management Consulting

Commercial Property

Business Brokerage

Relevant Teams

Legal

Business Development

Finance

Commercial

Operations

Corporate Development

Compliance

Procurement

Risk Management

Strategy

Relevant Roles

Business Development Manager

Chief Executive Officer

Commercial Director

Legal Counsel

Business Broker

Finance Director

Managing Director

Operations Manager

Partnership Manager

Relationship Manager

Chief Financial Officer

Contract Manager

Business Development Executive

Corporate Development Manager

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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