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Fee Share Agreement Template for Pakistan

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Key Requirements PROMPT example:

Fee Share Agreement

"I need a Fee Share Agreement between my law firm and a referring consultant in Karachi, with a 20% referral fee structure and quarterly payments starting from March 2025."

Document background
The Fee Share Agreement is a crucial document used in Pakistan when two or more parties wish to establish a formal arrangement for sharing professional fees, commissions, or revenue. This document is particularly relevant in professional services, consulting, and business intermediary relationships where multiple parties contribute to generating revenue. The agreement ensures compliance with Pakistani legal requirements while providing clarity on fee calculations, payment schedules, and party obligations. It's commonly used in situations involving professional partnerships, referral arrangements, or collaborative business ventures where income needs to be divided according to pre-agreed terms. The document must align with local Pakistani regulations, including tax laws and professional service regulations, making it essential for businesses operating in regulated sectors.
Suggested Sections

1. Parties: Identification of all parties to the agreement with their full legal names, addresses, and registration details if applicable

2. Background: Context of the agreement, relationship between parties, and purpose of the fee sharing arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Fee Sharing Structure: Detailed explanation of how fees will be split, including percentages or fixed amounts

5. Payment Terms: Timeline and method of fee calculations, payments, and any applicable payment conditions

6. Obligations of Parties: Rights and responsibilities of each party in the fee-sharing arrangement

7. Record Keeping: Requirements for maintaining financial records and documentation

8. Confidentiality: Provisions protecting confidential information shared between parties

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

10. Governing Law: Specification of Pakistani law as governing law and jurisdiction

11. Dispute Resolution: Process for resolving disputes between parties

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when parties operate in the same industry

2. Intellectual Property: IP ownership and usage rights, needed when the fee sharing involves creative or technical work

3. Insurance: Insurance requirements, important when fee sharing involves professional services or high-risk activities

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term arrangements

5. Assignment: Rules regarding transfer of rights, important for agreements where personal performance is crucial

6. Regulatory Compliance: Specific compliance requirements, necessary for regulated industries

7. Audit Rights: Right to audit financial records, important in complex fee-sharing arrangements

Suggested Schedules

1. Schedule 1 - Fee Calculation Method: Detailed methodology for calculating shared fees, including formulas and examples

2. Schedule 2 - Payment Procedures: Step-by-step process for fee calculations, invoicing, and payment

3. Schedule 3 - Authorized Representatives: List of designated representatives from each party authorized to handle fee-sharing matters

4. Schedule 4 - Reporting Templates: Standard formats for financial reporting and fee calculations

5. Appendix A - Required Documentation: List of documents required for fee calculations and verification

6. Appendix B - Compliance Checklist: Checklist of regulatory and operational compliance requirements

Authors

Alex Denne

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

Legal Services

Healthcare

Real Estate

Financial Services

Professional Services

Consulting

Business Advisory

Technology Services

Education

Recruitment

Relevant Teams

Legal

Finance

Business Development

Operations

Compliance

Commercial

Partnership Management

Professional Services

Administration

Risk Management

Relevant Roles

Managing Partner

Chief Financial Officer

Business Development Manager

Professional Consultant

Legal Counsel

Finance Director

Operations Manager

Practice Manager

Compliance Officer

Partnership Director

Senior Associate

Business Owner

Executive Director

Commercial 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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