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Finders Fee Contract

Finders Fee Contract Template for India

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Key Requirements PROMPT example:

Finders Fee Contract

"I need a Finder's Fee Contract for my real estate investment firm based in Mumbai, establishing terms with an intermediary who will identify international property investment opportunities across Southeast Asia, with the agreement starting January 2025 and including exclusive rights for the finder in specified territories."

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Document background
The Finder's Fee Contract is a crucial document used in the Indian business environment to formalize arrangements between companies and intermediaries who facilitate valuable business connections or opportunities. This document becomes necessary when businesses seek to expand their network, identify potential partners, or access new markets through professional intermediaries. The contract, governed by Indian law, specifically details the scope of the finder's services, success criteria, compensation structure, and compliance requirements. It includes essential provisions to protect both parties' interests while ensuring alignment with Indian regulatory requirements, including the Indian Contract Act, 1872, and relevant financial regulations. The document is particularly important in maintaining transparency in business relationships and providing clear mechanisms for compensation when successful introductions are made.
Suggested Sections

1. Parties: Identification of the Principal and the Finder with complete legal names and addresses

2. Background: Context of the agreement, including the Principal's business needs and Finder's expertise

3. Definitions: Key terms used in the agreement including 'Successful Introduction', 'Target', 'Finder's Fee', etc.

4. Scope of Services: Detailed description of the finder's duties, including introduction methods and target criteria

5. Fee Structure: Terms of compensation, including calculation method, payment timing, and conditions for fee eligibility

6. Payment Terms: Specific details about payment process, currency, tax implications, and payment timeline

7. Representations and Warranties: Statements of fact and promises by both parties regarding their capacity and authority

8. Confidentiality: Obligations regarding confidential information shared during the engagement

9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

10. General Provisions: Standard clauses including notices, entire agreement, governing law, and dispute resolution

Optional Sections

1. Exclusivity: Used when the Principal wants to engage the Finder as an exclusive intermediary for specific targets or territories

2. International Transactions: Added when deals involve cross-border elements, including currency considerations and international law implications

3. Non-Circumvention: Included to prevent direct dealings between the Principal and introduced parties without the Finder's involvement

4. Success Criteria: Detailed metrics for determining successful introductions, used in complex transactions

5. Compliance with Anti-Corruption Laws: Added for international deals or when dealing with government entities

6. Limitation of Liability: Used when specific caps on liability need to be established

7. Force Majeure: Added when parties want specific provisions for unforeseen circumstances affecting performance

Suggested Schedules

1. Schedule A - Fee Calculation: Detailed breakdown of fee structure, including percentages, tiers, and calculation examples

2. Schedule B - Target Criteria: Specific requirements and characteristics of acceptable target introductions

3. Schedule C - Reporting Format: Template for introduction reports and documentation requirements

4. Appendix 1 - Excluded Targets: List of entities or individuals excluded from the scope of the agreement

5. Appendix 2 - Compliance Checklist: Required documentation and verification processes for introductions

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions






























Clauses






























Relevant Industries

Investment Banking

Real Estate

Private Equity

Venture Capital

Mergers & Acquisitions

Management Consulting

Business Services

Commercial Banking

Insurance

Technology

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Strategy

Commercial

Mergers & Acquisitions

Deal Advisory

Risk & Compliance

Relevant Roles

Business Development Manager

Chief Executive Officer

Managing Director

Corporate Development Director

Investment Manager

Legal Counsel

Chief Financial Officer

Business Broker

Relationship Manager

Strategy Director

Commercial Director

Investment Banker

Deal Originator

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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