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The Finder's Fee Consulting Agreement is essential for businesses operating in Nigeria who wish to formally engage intermediaries or consultants to identify business opportunities, potential partners, or investors. This document type is particularly relevant in the current Nigerian business environment where local knowledge and connections are valuable for market entry and expansion. The agreement ensures compliance with Nigerian legal requirements while protecting both parties' interests through clear definition of services, compensation triggers, and payment terms. It is commonly used when companies seek to expand their operations, enter new markets, or secure investment opportunities through professional intermediaries. The document addresses key aspects of Nigerian commercial law, including contract formation, business introduction services, and fee arrangements, while incorporating necessary anti-corruption and compliance provisions.

1. Parties: Identification of the principal company and the finder/consultant with full legal names and addresses

2. Background: Context of the agreement, including the principal's business needs and finder's expertise

3. Definitions: Key terms used throughout the agreement including 'Successful Introduction', 'Target Companies', 'Finder's Fee', etc.

4. Appointment and Scope: Formal appointment of finder and detailed description of services to be provided

5. Finder's Obligations: Specific duties, responsibilities, and service standards expected from the finder

6. Principal's Obligations: Responsibilities of the principal company, including providing necessary information and cooperation

7. Fee Structure and Payment Terms: Detailed breakdown of finder's fees, calculation method, payment timing, and conditions for fee eligibility

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Obligations regarding confidential information protection and usage restrictions

10. Non-Circumvention: Provisions preventing direct dealings that bypass the finder

11. Representations and Warranties: Standard assertions about capacity, authority, and compliance with laws

12. Limitation of Liability: Boundaries of finder's responsibility and liability caps

13. Dispute Resolution: Process for handling disagreements, including jurisdiction and applicable law

14. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement