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Finders Fee Contract
"I need a Finder's Fee Contract for my Qatar-based real estate development company to engage local agents who will identify potential investors for our new commercial property projects, with a tiered commission structure and exclusivity rights for specific territories."
1. Parties: Identifies and defines the parties to the agreement - the Principal and the Finder
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Appointment and Scope of Services: Defines the Finder's appointment and detailed description of services to be provided
5. Finder's Obligations: Details the specific duties and responsibilities of the Finder
6. Principal's Obligations: Outlines the Principal's responsibilities and commitments
7. Fee Structure and Payment Terms: Details the finder's fee calculation method, payment timing, and conditions for payment
8. Term and Termination: Specifies the duration of the agreement and circumstances for termination
9. Confidentiality: Establishes obligations regarding confidential information
10. Compliance with Laws: Ensures adherence to Qatar laws, including anti-corruption and commercial agency regulations
11. Governing Law and Jurisdiction: Specifies Qatar law as governing law and establishes jurisdiction for disputes
1. Exclusivity: Included when the Finder is granted exclusive rights for specific opportunities or territories
2. Non-Circumvention: Added when there's a need to prevent direct dealings between the Principal and introduced parties
3. Force Majeure: Included to address unforeseen circumstances preventing performance
4. Insurance: Required when the nature of services involves significant risks or regulatory requirements
5. Intellectual Property: Added when the services involve creation or use of intellectual property
6. Data Protection: Included when the services involve handling personal or sensitive data
7. Non-Competition: Added when restrictions on the Finder's other business activities are required
1. Schedule 1 - Fee Calculation Method: Detailed breakdown of fee calculation formulas and examples
2. Schedule 2 - Target Business Profile: Specific criteria for qualifying business opportunities or introductions
3. Schedule 3 - Reporting Requirements: Format and timing of activity reports required from the Finder
4. Schedule 4 - Excluded Opportunities: List of pre-existing relationships or opportunities excluded from the agreement
5. Appendix A - Required Documentation: Templates or forms required for introducing opportunities or claiming fees
Authors
Real Estate
Financial Services
Investment Banking
Private Equity
Technology
Manufacturing
Oil & Gas
Construction
Professional Services
Trading & Distribution
Healthcare
Hospitality
Legal
Business Development
Corporate Development
Finance
Operations
Commercial
Procurement
Strategy
Mergers & Acquisitions
Investment
Business Development Manager
Chief Executive Officer
Commercial Director
Investment Manager
Legal Counsel
Corporate Development Director
Strategic Partnerships Manager
Chief Financial Officer
Operations Director
Procurement Manager
Business Consultant
Commercial Agent
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