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Finders Fee Agreement
"I need a Finder's Fee Agreement for my technology consulting firm based in Karachi, where we'll pay individual finders a 5% commission for introducing us to potential corporate clients in the UAE and Saudi Arabia, with payments to be made in USD."
1. Parties: Identifies and provides full details of the principal and the finder, including their legal status and contact information
2. Background: Sets out the context of the agreement, including the principal's business and their need for the finder's services
3. Definitions: Defines key terms used throughout the agreement, including 'Successful Introduction', 'Qualified Introduction', and 'Finder's Fee'
4. Appointment and Scope: Defines the finder's role, appointment terms, and the specific scope of services to be provided
5. Finder's Obligations: Details the specific duties and responsibilities of the finder, including reporting requirements and communication protocols
6. Principal's Obligations: Outlines the principal's responsibilities, including providing necessary information and cooperating with the finder
7. Fee Structure and Payment Terms: Specifies the finder's fee calculation method, payment timing, and any conditions precedent to payment
8. Term and Termination: Sets out the duration of the agreement and circumstances under which it can be terminated
9. Confidentiality: Establishes obligations regarding confidential information shared during the engagement
10. Representations and Warranties: Contains standard representations and warranties from both parties
11. Limitation of Liability: Defines the extent and limitations of each party's liability
12. General Provisions: Standard boilerplate clauses including notices, amendments, governing law, and dispute resolution
1. Exclusivity: Used when the finder is granted exclusive rights for specific introductions or territories
2. Regulatory Compliance: Required when the services involve regulated activities or specific industry compliance requirements
3. International Transactions: Included when the agreement involves cross-border activities or international payments
4. Non-Circumvention: Added to protect the finder from direct dealings between the principal and introduced parties
5. Tail Period: Defines post-termination period during which finder remains entitled to fees for previous introductions
6. Force Majeure: Added when parties want specific provisions for handling unforeseen circumstances
7. Data Protection: Required when personal data processing is involved in the finder's activities
8. Anti-Corruption: Important for international transactions or when dealing with public sector entities
1. Fee Calculation Method: Detailed breakdown of fee structures, including examples and specific scenarios
2. Target Introduction Criteria: Specific criteria defining qualified introductions and target profiles
3. Reporting Template: Standard format for introduction reports and tracking
4. Excluded Parties: List of entities or individuals excluded from the scope of the agreement
5. Required Information: Details of information needed from the finder for each introduction
6. Compliance Requirements: Specific regulatory or compliance requirements applicable to the services
Authors
Financial Services
Real Estate
Investment Banking
Private Equity
Technology
Manufacturing
Professional Services
Construction
Healthcare
Retail
Telecommunications
Energy
Mining
Agriculture
Education
Legal
Business Development
Finance
Corporate Development
Strategy
Commercial
Compliance
Executive Leadership
Mergers & Acquisitions
Partnerships
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Investment Manager
Corporate Development Director
Merger & Acquisition Director
Strategy Manager
Commercial Director
Business Broker
Relationship Manager
Partnership Manager
Business Consultant
Finance Manager
Compliance Officer
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