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Finders Fee Contract

Finders Fee Contract Template for Malaysia

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Key Requirements PROMPT example:

Finders Fee Contract

"I need a Finder's Fee Contract for my technology company based in Kuala Lumpur, offering a 5% commission to intermediaries who successfully introduce investors willing to invest minimum RM 1 million in our AI startup by December 2025."

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Document background
The Finder's Fee Contract is a crucial document in Malaysian business transactions where companies seek to incentivize and formalize arrangements with intermediaries who facilitate valuable business connections or opportunities. This agreement is particularly relevant in today's interconnected business environment where networking and business introductions play a vital role in corporate growth and development. The document needs to comply with Malaysian legislation, including the Contracts Act 1950, Capital Markets and Services Act 2007 (if applicable), and the Malaysian Anti-Corruption Commission Act 2009. It typically includes detailed provisions on success criteria, fee structures, payment terms, and protection mechanisms for all parties involved. The contract is especially important in regulated industries where clear documentation of business relationships is required for compliance purposes.
Suggested Sections

1. Parties: Identification of the Principal and the Finder, including full legal names and addresses

2. Background: Context of the agreement, including the Principal's business and the purpose of engaging the Finder

3. Definitions: Key terms used in the agreement, including 'Successful Introduction', 'Target', 'Fee', and 'Qualifying Transaction'

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. Success Criteria: Clear definition of what constitutes a successful introduction or transaction

7. Fee Structure: Detailed explanation of how the finder's fee is calculated and when it becomes payable

8. Payment Terms: Timeline and method of payment, including any conditions precedent

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

10. Confidentiality: Obligations regarding confidential information and trade secrets

11. Non-Circumvention: Provisions preventing direct dealings that bypass the Finder

12. Representations and Warranties: Standard warranties about capacity and authority to enter into the agreement

13. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

Optional Sections

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

2. Regulatory Compliance: Specific section needed if the services involve regulated industries like financial services or real estate

3. Anti-Corruption Compliance: Detailed compliance provisions if dealing with government entities or high-risk sectors

4. Intellectual Property: Required if the Finder will have access to or use the Principal's IP

5. Force Majeure: Optional protection against unforeseen circumstances preventing performance

6. Assignment: Optional provisions regarding the ability to transfer rights under the agreement

7. Non-Solicitation: Optional restrictions on soliciting employees or clients

8. Dispute Resolution: Optional detailed procedures for handling disputes, including mediation or arbitration

Suggested Schedules

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

2. Schedule 2 - Target List: List of specific targets or industries if the scope is limited to certain prospects

3. Schedule 3 - Excluded Parties: List of entities excluded from the scope of the agreement

4. Schedule 4 - Required Information: Format and content of introduction reports or documentation required

5. Appendix A - Introduction Protocol: Step-by-step process for making and documenting introductions

6. Appendix B - Compliance Requirements: Specific regulatory or industry compliance requirements if applicable

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

alex.den.21@genieai.co
Relevant legal definitions





























Clauses






























Relevant Industries

Financial Services

Real Estate

Mergers & Acquisitions

Private Equity

Corporate Finance

Manufacturing

Technology

Import/Export

Professional Services

Industrial

Mining

Oil & Gas

Telecommunications

Construction

Renewable Energy

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Compliance

Commercial

Procurement

Sales

Strategy

Risk Management

Relevant Roles

Business Development Manager

Chief Executive Officer

Commercial Director

Legal Counsel

Corporate Development Manager

Investment Manager

Procurement Manager

Business Consultant

Chief Financial Officer

Mergers & Acquisitions Director

Corporate Strategy Manager

Sales Director

Partnership Manager

Business Intermediary

Compliance Officer

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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