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Fee Share Agreement Template for India

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Key Requirements PROMPT example:

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."

Document background
The Fee Share Agreement is essential for businesses and professionals operating in India who wish to formalize arrangements for sharing professional fees, commissions, or revenues. This document is particularly relevant when parties collaborate on projects, share clients, or provide complementary services while maintaining separate business entities. The agreement ensures compliance with Indian contract law, professional regulations, and tax requirements while clearly defining the rights, obligations, and financial arrangements between the parties. It is commonly used in professional services, consulting, and various business partnerships where revenue sharing is a key component of the business relationship. The document includes detailed provisions for fee calculation, distribution mechanisms, payment terms, and compliance requirements specific to the Indian legal and regulatory framework.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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

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

Relevant Teams

Legal

Finance

Business Development

Compliance

Operations

Professional Services

Accounts

Partner Management

Contract Administration

Revenue Management

Relevant Roles

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

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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