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Finder's Fee Agreement
"I need a Finder's Fee Agreement under Qatar law for our real estate development company, where we'll pay a 2% commission to independent agents who introduce potential buyers for our luxury apartment complex, with the agreement to be effective from January 2025."
1. Parties: Identification of the Principal and the Finder, including full legal names, registration details, and addresses
2. Background: Context of the agreement, including the Principal's business objectives and the Finder's role in identifying opportunities
3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Transaction', 'Fee', and 'Qualified Lead'
4. Scope of Services: Detailed description of the Finder's role, including specific introduction services to be provided
5. Fee Structure: Details of the finder's fee calculation, payment terms, and conditions for fee eligibility
6. Payment Terms: Timing of payments, payment method, currency, and any applicable taxes or deductions
7. Representations and Warranties: Statements of fact and promises by both parties regarding their capacity and authority
8. Confidentiality: Obligations regarding confidential information exchanged during the relationship
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for dispute resolution
1. Exclusivity: Optional clause defining whether the Finder has exclusive rights for specific introductions or territories
2. Non-Circumvention: Protection against direct dealings between the Principal and introduced parties to bypass the Finder
3. Insurance: Requirements for professional liability insurance, if applicable to the nature of services
4. Force Majeure: Provisions for unforeseen circumstances preventing performance
5. Anti-Corruption Compliance: Detailed compliance requirements for high-value or sensitive transactions
6. Data Protection: Specific provisions for handling personal data when relevant to the introduction services
1. Schedule 1 - Fee Calculation: Detailed breakdown of fee structures, including percentages, tiers, and calculation methods
2. Schedule 2 - Target Criteria: Specific criteria defining qualified introductions or target transactions
3. Schedule 3 - Reporting Format: Template for reporting introductions and tracking successful transactions
4. Appendix A - Introduction Protocol: Prescribed process for making and documenting introductions
5. Appendix B - Excluded Parties: List of entities or individuals excluded from the scope of the agreement
Authors
Real Estate
Financial Services
Investment Banking
Private Equity
Manufacturing
Technology
Construction
Oil & Gas
Professional Services
Healthcare
Hospitality
Trading & Commerce
Legal
Finance
Business Development
Commercial
Compliance
Operations
Corporate Development
Executive Leadership
Contract Administration
Risk Management
Business Development Manager
Chief Executive Officer
Commercial Director
Legal Counsel
Finance Director
Investment Manager
Business Development Executive
Corporate Development Officer
Managing Director
Operations Manager
Compliance Officer
Contract Manager
Chief Financial Officer
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