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Finders Fee Consulting Agreement for Indonesia

Finders Fee Consulting Agreement Template for Indonesia

A comprehensive legal agreement governed by Indonesian law that establishes the terms and conditions under which a finder or consultant will identify and introduce potential business opportunities, partners, or deals to a client, including the compensation structure for successful introductions. The document incorporates specific provisions to comply with Indonesian regulations, including the Civil Code (KUH Perdata), currency laws requiring domestic transactions in Rupiah, and anti-corruption legislation. It details the scope of services, success criteria, payment terms, and includes necessary safeguards for both parties while ensuring alignment with local business practices and legal requirements.

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What is a Finders Fee Consulting Agreement?

The Finder's Fee Consulting Agreement is a critical document used in Indonesian business contexts where companies or individuals seek to engage professional intermediaries to facilitate business opportunities, partnerships, or transactions. This agreement type is particularly relevant in today's interconnected business environment where specialized knowledge and networks are valuable for accessing opportunities. The document, governed by Indonesian law, carefully outlines the scope of finder's services, defines success criteria, and establishes clear compensation structures while ensuring compliance with local regulations including the Civil Code, anti-corruption laws, and currency requirements. It's especially important in Indonesia's business landscape where relationships and proper documentation of business arrangements are crucial, and where compliance with local legal requirements, including language requirements and proper business licensing, must be carefully considered.

What sections should be included in a Finders Fee Consulting Agreement?

1. Parties: Identification of the parties entering into the agreement, including full legal names, addresses, and company registration details

2. Background: Context of the agreement, including the consultant's expertise and the client's needs for finder's services

3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', 'Finder's Fee', and 'Qualifying Transaction'

4. Scope of Services: Detailed description of the finder's/consultant's services, including specific activities and deliverables

5. Term and Termination: Duration of the agreement and conditions for termination by either party

6. Finder's Fee Structure: Detailed compensation terms, including fee calculation method, payment triggers, and payment schedule

7. Payment Terms: Specific provisions about payment method, currency, and timing in compliance with Indonesian regulations

8. Representations and Warranties: Statements of fact and promises made by both parties regarding their capacity and authority

9. Confidentiality: Obligations regarding confidential information shared during the engagement

10. Non-Circumvention: Provisions preventing direct dealings that bypass the finder's fee obligation

11. Compliance with Laws: Specific provisions ensuring compliance with Indonesian laws, including anti-corruption regulations

12. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law provisions

13. General Provisions: Standard clauses including notices, amendments, and severability

What sections are optional to include in a Finders Fee Consulting Agreement?

1. Exclusivity: Optional provisions granting exclusive rights to the finder for specific targets or territories

2. Performance Metrics: Specific targets or KPIs for the finder, used when performance-based elements are desired

3. Sub-contractors: Terms governing the use of sub-contractors or agents, if permitted

4. Insurance: Requirements for professional liability insurance, relevant for higher-value arrangements

5. Non-Competition: Restrictions on competing activities, if appropriate for the relationship

6. Force Majeure: Provisions for unforeseen circumstances preventing performance

7. Language Requirements: Specific provisions about the prevailing language when the agreement is bilingual

What schedules should be included in a Finders Fee Consulting Agreement?

1. Schedule A - Fee Calculation: Detailed methodology for calculating finder's fees, including any sliding scales or thresholds

2. Schedule B - Target Business Profile: Specific criteria and characteristics of target businesses or opportunities

3. Schedule C - Approved Territories: List of geographical areas or markets covered by the agreement

4. Schedule D - Reporting Requirements: Templates and timing for activity reports and introduction documentation

5. Schedule E - Compliance Procedures: Detailed anti-corruption and compliance procedures

6. Appendix 1 - Introduction Form: Standard form for documenting qualified introductions

7. Appendix 2 - Code of Conduct: Ethical guidelines and compliance requirements for the finder's activities

Authors

Alex Denne

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

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Fee Agreement

Cost

Free to use
Relevant legal definitions
































Clauses



































Relevant Industries

Financial Services

Professional Services

Real Estate

Technology

Manufacturing

Energy

Mining

Infrastructure

Healthcare

Telecommunications

Private Equity

Venture Capital

Mergers & Acquisitions

Investment Banking

Business Consulting

Relevant Teams

Legal

Finance

Business Development

Corporate Development

Mergers & Acquisitions

Strategy

Commercial

Compliance

Investment

Partnerships

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Corporate Development Director

Investment Manager

Legal Counsel

Business Consultant

Merger & Acquisition Director

Strategy Director

Commercial Director

Partnership Manager

Investment Advisor

Deal Originator

Business Broker

General Counsel

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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