Document background
The Success Fee Agreement is utilized when parties wish to establish a performance-based compensation structure under Dutch law, typically in professional services, advisory, or intermediary relationships. This document is essential when payment is contingent upon achieving specific outcomes, such as successful business transactions, meeting performance targets, or completing defined milestones. It addresses key aspects including success criteria definition, fee calculation methods, verification procedures, and payment terms, while ensuring compliance with Dutch legal requirements, including the Civil Code (Burgerlijk Wetboek) and relevant financial regulations. The agreement is particularly valuable in scenarios where parties want to align interests and incentivize performance through outcome-based compensation.
