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Finder's Fee Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Finder's Fee Agreement

"I need a Finder's Fee Agreement for our Hong Kong technology company to engage independent consultants who will introduce potential acquisition targets in the APAC region, with a success fee of 2% of transaction value and strict confidentiality provisions."

Document background
The Finder's Fee Agreement is a crucial document for businesses operating in Hong Kong's dynamic commercial environment where networking and business introductions play a vital role in growth and development. This agreement type is commonly used when companies or individuals wish to formalize arrangements for receiving business introductions and referrals, ensuring clear terms for compensation while maintaining compliance with Hong Kong regulations. The document addresses key aspects such as the scope of permitted introduction activities, fee calculations, payment triggers, and compliance requirements, particularly concerning Hong Kong's Securities and Futures Ordinance and anti-money laundering regulations. It's essential for protecting both parties' interests and avoiding potential disputes over commission claims or introduction credits.
Suggested Sections

1. Parties: Identification of the principal and the finder, including full legal names and addresses

2. Background: Context of the agreement and general purpose of the arrangement

3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', 'Fee', etc.

4. Appointment and Scope: Details of the finder's appointment and specific scope of authorized activities

5. Finder's Obligations: Key responsibilities and requirements for the finder, including compliance with laws

6. Principal's Obligations: Responsibilities of the principal, including providing necessary information and cooperation

7. Fee Structure: Detailed description of fees, calculation method, and payment terms

8. Payment Terms: Timing of payments, invoicing requirements, and payment conditions

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Confidentiality: Protection of confidential information and trade secrets

11. Representations and Warranties: Key assurances from both parties, including compliance with laws

12. Limitation of Liability: Limits on parties' liability and exclusions

13. General Provisions: Standard clauses including notices, amendments, governing law, etc.

Optional Sections

1. Non-Compete: Restrictions on finder's activities with competitors - use when exclusivity is required

2. Data Protection: Specific provisions for handling personal data - include when finder will handle personal information

3. Anti-Bribery: Specific anti-corruption provisions - important for high-risk transactions or jurisdictions

4. Regulatory Compliance: Detailed compliance requirements - include when activities might touch regulated areas

5. Insurance: Requirements for professional liability insurance - important for high-value introductions

6. Intellectual Property: IP protection clauses - include when proprietary information or materials are involved

7. Force Majeure: Provisions for unforeseen circumstances - useful for longer-term arrangements

Suggested Schedules

1. Fee Schedule: Detailed breakdown of fee calculations and examples

2. Target Business Description: Specific details of the type of introductions sought

3. Approved Introduction Format: Template or requirements for making formal introductions

4. Compliance Requirements: Detailed compliance procedures and requirements

5. Restricted Activities: List of activities the finder must not engage in

6. Reporting Requirements: Templates and procedures for required reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






























Relevant Industries

Financial Services

Real Estate

Investment Banking

Private Equity

Venture Capital

Professional Services

Technology

Manufacturing

Trading

Business Consulting

Mergers & Acquisitions

Commercial Property

Import/Export

Retail

Relevant Teams

Legal

Finance

Business Development

Compliance

Commercial

Operations

Corporate Development

Sales

Risk Management

Executive Management

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Compliance Officer

Finance Director

Commercial Director

Business Consultant

Corporate Development Manager

Head of Mergers & Acquisitions

Investment Manager

Partnership Manager

Sales Director

Managing Director

Operations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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