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Introducer Fee Agreement
"I need an Introducer Fee Agreement for my Islamic banking services company in Pakistan, with a 5% commission structure and Shariah compliance requirements, to be effective from March 1, 2025."
1. Parties: Identifies the Introducer and the Company, including full legal names and registered addresses
2. Background: Sets out the context of the agreement - that the Company wishes to engage the Introducer to identify and introduce potential clients/business opportunities
3. Definitions: Defines key terms including 'Introduction', 'Successful Introduction', 'Fee', 'Target Business'
4. Appointment and Scope: Defines the Introducer's role, territory, and whether the appointment is exclusive or non-exclusive
5. Introducer's Obligations: Details the Introducer's duties, including due diligence on potential clients and compliance with laws
6. Company's Obligations: Outlines the Company's responsibilities in handling introductions and maintaining communication
7. Fee Structure: Details how and when fees become payable, calculation methods, and payment terms
8. Compliance: Addresses compliance with anti-corruption laws, AML regulations, and local business practices
9. Confidentiality: Protects confidential information exchanged during the introduction process
10. Term and Termination: Sets out the agreement duration and circumstances for termination
11. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Islamic Finance Compliance: Required when either party operates under Islamic banking principles or when the agreement needs to be Shariah-compliant
2. Exclusivity Provisions: Used when the Introducer is granted exclusive rights for specific territories or client types
3. Training and Support: Included when the Company provides training or materials to the Introducer
4. Intellectual Property: Required when the Introducer will use the Company's branding or materials
5. Non-Compete: Added when restrictions on the Introducer's other business activities are required
6. Dispute Resolution: Optional detailed dispute resolution procedures, including mediation steps before litigation
1. Schedule 1 - Fee Schedule: Detailed breakdown of fee calculations, percentages, and payment triggers
2. Schedule 2 - Territory: Definition of geographical areas or market segments covered by the agreement
3. Schedule 3 - Introduction Report Template: Standard format for submitting information about potential clients
4. Schedule 4 - Compliance Requirements: Specific compliance procedures and requirements including AML checks
5. Appendix A - Required Documentation: List of documents required for valid introductions and fee claims
6. Appendix B - Contact Details: Key contact persons and communication protocols for both parties
Authors
Financial Services
Banking
Real Estate
Insurance
Investment Services
Professional Services
Technology
Manufacturing
Trading
Consulting
Islamic Finance
Legal
Compliance
Business Development
Sales
Finance
Risk Management
Commercial
Corporate Secretarial
Business Development Manager
Legal Counsel
Compliance Officer
Chief Executive Officer
Commercial Director
Sales Director
Finance Manager
Risk Manager
Managing Director
Company Secretary
Business Development Executive
Relationship Manager
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