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Finders Agreement Template for Ireland

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Key Requirements PROMPT example:

Finders Agreement

"I need a Finder's Agreement for engaging a consultant to source potential distributors for our tech products in Ireland, with exclusive rights for a 12-month period starting January 2025 and a success fee structure of 5% of the first year's revenue from any successful introduction."

Document background
A Finder's Agreement is essential when engaging an intermediary to source business opportunities, potential investors, or acquisition targets in Ireland. This document type is commonly used across various sectors where businesses seek to expand their network through professional intermediaries. The agreement must comply with Irish law, including the Investment Intermediaries Act 1995 and relevant Central Bank regulations where applicable. A well-structured Finder's Agreement should clearly define what constitutes a successful introduction, establish commission structures, and address confidentiality and data protection requirements. It's particularly important in the Irish business context where relationship-based introductions play a significant role in business development and M&A activities.
Suggested Sections

1. Parties: Identification of the principal and the finder, including full legal names and addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Commission', 'Target Business'

4. Appointment and Scope: Terms of the finder's appointment and detailed scope of services

5. Finder's Obligations: Specific duties and responsibilities of the finder

6. Principal's Obligations: Responsibilities and commitments of the principal

7. Commission Structure: Detailed explanation of payment terms, commission rates, and calculation methods

8. Payment Terms: Timing and method of commission payments, including any conditions precedent

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Term and Termination: Duration of the agreement and circumstances for termination

11. General Provisions: Standard legal clauses including governing law, notices, and entire agreement

Optional Sections

1. Exclusivity: Used when the finder has exclusive rights for specific territories or target businesses

2. Performance Metrics: Include when specific performance targets or KPIs are required

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

4. Data Protection: Detailed GDPR compliance terms when personal data processing is involved

5. Non-Circumvention: Prevents direct dealings between principal and introduced parties without finder's involvement

6. Intellectual Property: Required when the finder may have access to or create IP during the engagement

7. Insurance Requirements: Include when specific insurance coverage is required for the finder

8. Anti-Bribery and Corruption: Required for international dealings or high-value transactions

Suggested Schedules

1. Commission Rates: Detailed breakdown of commission structures and rates for different types of introductions

2. Target Business Profile: Specific criteria and characteristics of businesses or opportunities being sought

3. Excluded Opportunities: List of pre-existing relationships or excluded potential targets

4. Reporting Templates: Standard forms for reporting introductions and tracking progress

5. Compliance Procedures: Detailed procedures for regulatory compliance and due diligence

6. Territory Definition: Geographic or sector-specific boundaries of the finder's authority

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

Private Equity

Mergers & Acquisitions

Technology

Manufacturing

Professional Services

Business Consulting

Investment Banking

Commercial Property

Venture Capital

Corporate Finance

Industrial

Retail

Relevant Teams

Legal

Finance

Business Development

Corporate Development

Mergers & Acquisitions

Compliance

Risk Management

Commercial

Procurement

Strategic Partnerships

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Corporate Development Director

Mergers & Acquisitions Director

Business Broker

Investment Consultant

Legal Counsel

Commercial Director

Finance Director

Business Consultant

Compliance Officer

Risk Manager

Partnership 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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