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Facilitation Fee Agreement
"I need a Facilitation Fee Agreement under Pakistani law for my tech company entering the Karachi market, with a local consultant providing market entry services for a fixed monthly fee of PKR 250,000, starting March 2025."
1. Parties: Identification of the facilitator and the client, including full legal names, registration details, and addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the facilitation services
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Fee', 'Effective Date', etc.
4. Scope of Services: Detailed description of the facilitation services to be provided
5. Fee Structure: Amount, calculation method, and currency of the facilitation fee
6. Payment Terms: Payment schedule, method of payment, and invoicing requirements
7. Representations and Warranties: Statements of fact and assurances from both parties, including compliance with anti-corruption laws
8. Compliance: Obligations regarding legal compliance, especially with anti-corruption laws and regulations
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. Governing Law: Specification of Pakistani law as governing law and jurisdiction
12. Dispute Resolution: Process for resolving disputes, including jurisdiction and venue
1. Force Majeure: Provisions for unforeseen circumstances preventing performance, include if services might be affected by external events
2. Assignment: Rights to transfer obligations under the agreement, include if either party might need to assign rights
3. Non-Competition: Restrictions on competitive activities, include if protecting business interests is crucial
4. Insurance: Insurance requirements and obligations, include if services involve significant risks
5. Intellectual Property: Rights over any IP created during service provision, include if services might involve IP creation
6. Tax Provisions: Detailed tax obligations and withholding requirements, include for cross-border arrangements
7. Currency Exchange: Provisions for handling exchange rate fluctuations, include for international payments
1. Schedule 1 - Service Description: Detailed scope of facilitation services and deliverables
2. Schedule 2 - Fee Calculation: Detailed breakdown of fees and calculation methodology
3. Schedule 3 - Payment Schedule: Timeline and milestones for fee payments
4. Appendix A - Compliance Certificate: Anti-corruption compliance certification to be signed by both parties
5. Appendix B - Contact Details: Key contact persons and their details for both parties
6. Appendix C - Required Documents: List of documents required for due diligence and compliance
Authors
Infrastructure & Construction
Energy & Resources
Manufacturing
Technology & Telecommunications
International Trade
Financial Services
Healthcare & Pharmaceuticals
Real Estate & Development
Transport & Logistics
Professional Services
Legal
Compliance
Finance
Business Development
Operations
Commercial
Risk Management
Corporate Secretariat
Internal Audit
Procurement
Chief Executive Officer
Managing Director
Business Development Manager
Legal Counsel
Compliance Officer
Finance Director
Commercial Director
Country Manager
Operations Manager
Project Manager
Contracts Manager
Risk Manager
Corporate Secretary
Chief Financial Officer
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