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Finder's Fee Commission Agreement
"I need a Finder's Fee Commission Agreement under German law for our technology company to engage an independent consultant who will help us identify potential acquisition targets in the DACH region, with a tiered commission structure based on deal value and a contract term starting March 1, 2025."
1. Parties: Identification of the principal and the finder, including full legal names, registration details, and addresses
2. Background: Context of the agreement, brief description of the principal's business and the finder's services
3. Definitions: Key terms used in the agreement, including 'Successful Introduction', 'Target Companies', 'Commission', and 'Qualifying Transaction'
4. Scope of Services: Detailed description of the finder's duties, including introduction methods and target criteria
5. Success Criteria: Clear definition of what constitutes a successful introduction triggering commission payment
6. Commission Structure: Details of commission rates, calculation methods, and payment triggers
7. Payment Terms: Timeline and method of commission payments, including invoicing requirements and payment deadlines
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Compliance with Laws: Obligations to comply with relevant German laws, including anti-bribery and data protection
11. Representations and Warranties: Basic warranties about capacity to contract and regulatory compliance
12. Governing Law and Jurisdiction: Specification of German law as governing law and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Exclusivity: Used when the finder is granted exclusive rights for certain territories or target companies
2. Reporting Requirements: Include when regular updates on finder activities are required
3. Post-Termination Provisions: Used when there are specific rules about commission claims after agreement termination
4. Non-Circumvention: Include when there's risk of direct engagement with introduced parties bypassing the finder
5. Dispute Resolution: Alternative dispute resolution procedures if preferred over standard court proceedings
6. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
7. Insurance Requirements: Used when specific insurance coverage is required from the finder
8. Marketing and Promotion: Include when the finder needs specific permissions or restrictions regarding marketing activities
1. Commission Structure Details: Detailed breakdown of commission rates, tiers, and calculation examples
2. Target Company Profile: Specific criteria and characteristics of target companies/individuals to be introduced
3. Excluded Parties: List of companies or individuals excluded from the scope of the agreement
4. Required Information Template: Template for information required when submitting potential introductions
5. Reporting Template: Standard format for periodic activity reports if required
6. Compliance Procedures: Detailed procedures for ensuring compliance with relevant regulations
Authors
Financial Services
Real Estate
Manufacturing
Technology
Professional Services
Private Equity
Mergers & Acquisitions
Investment Banking
Commercial Real Estate
Industrial
Consulting
Business Services
Venture Capital
Legal
Business Development
Finance
Commercial
Mergers & Acquisitions
Corporate Development
Compliance
Strategy
Procurement
Operations
Business Development Manager
Chief Executive Officer
Legal Counsel
Commercial Director
Head of Mergers & Acquisitions
Chief Financial Officer
Business Development Representative
Corporate Development Manager
Investment Manager
Partner (Professional Services)
Managing Director
Head of Strategy
Finance Director
Compliance Officer
Business Broker
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