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Fee Share Agreement
"I need a Fee Share Agreement between my IT consulting firm and a partner company in Mumbai, with a 60-40 split of project revenues, including provisions for quarterly settlements and joint client servicing starting from March 2025."
1. Parties: Identification and details of all parties entering into the fee-sharing arrangement
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Defined terms used throughout the agreement
4. Fee Sharing Structure: Detailed breakdown of how fees will be shared, including percentages or fixed amounts
5. Payment Terms: Timeline, method, and conditions for fee payments and distributions
6. Calculation and Distribution Method: Specific methodology for calculating shared fees and distribution process
7. Obligations of Parties: Specific duties and responsibilities of each party under the agreement
8. Record Keeping and Auditing: Requirements for maintaining financial records and audit rights
9. Confidentiality: Protection of confidential information shared between parties
10. Term and Termination: Duration of agreement and conditions for termination
11. Dispute Resolution: Process for resolving disputes between parties
12. Governing Law: Specification of Indian law as governing law and jurisdiction
1. Non-Compete: Restrictions on competitive activities, used when parties operate in similar business areas
2. Intellectual Property Rights: IP ownership and usage rights, included when shared activities involve creation or use of IP
3. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term arrangements
4. Insurance: Insurance requirements, included when activities involve significant risks
5. Assignment: Rights to transfer agreement obligations, needed for larger commercial arrangements
6. Marketing and Branding: Guidelines for using each other's brands, needed when public association exists
7. Compliance with Professional Regulations: Specific provisions for regulated professions, required for professional services
8. Tax Considerations: Detailed tax handling procedures, needed for complex revenue sharing structures
1. Schedule 1 - Fee Calculation Matrix: Detailed breakdown of fee-sharing percentages and calculation methods
2. Schedule 2 - Payment Procedures: Step-by-step process for fee collection and distribution
3. Schedule 3 - Reporting Template: Standard format for periodic financial reporting between parties
4. Schedule 4 - Service Levels: Performance metrics and standards if applicable to the fee-sharing arrangement
5. Appendix A - Authorized Representatives: List of designated contacts for each party
6. Appendix B - Compliance Checklist: Regulatory and professional compliance requirements
Authors
Professional Services
Legal Services
Financial Services
Healthcare
Real Estate
Management Consulting
Information Technology
Education and Training
Business Process Outsourcing
Digital Marketing
Recruitment and HR Services
Legal
Finance
Business Development
Compliance
Operations
Professional Services
Accounts
Partner Management
Contract Administration
Revenue Management
Managing Director
Chief Financial Officer
Business Development Manager
Legal Counsel
Partnership Manager
Finance Manager
Compliance Officer
Professional Practice Head
Operations Director
Account Manager
Contract Administrator
Business Partner
Professional Services Director
Revenue Manager
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