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Finder's Fee Agreement
"I need a Finder's Fee Agreement for my technology consulting firm based in Manila, where we'll pay 5% commission to independent finders who introduce us to potential corporate clients in the Southeast Asian market, with the agreement starting January 2025."
1. Parties: Identifies and provides full details of the parties to the agreement
2. Background: Explains the context and purpose of the agreement, including the client's need for the finder's services
3. Definitions: Defines key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', and 'Finder's Fee'
4. Scope of Services: Details the specific services the finder will provide and any limitations on their authority
5. Finder's Obligations: Outlines the finder's responsibilities, including disclosure requirements and professional conduct
6. Fee Structure and Payment Terms: Specifies the finder's fee calculation method, payment triggers, and payment timing
7. Term and Termination: Defines the duration of the agreement and circumstances for termination
8. Confidentiality: Establishes obligations regarding confidential information shared during the engagement
9. Representations and Warranties: Contains basic warranties about capacity to contract and authority to provide services
10. Limitation of Liability: Sets boundaries on the finder's liability and specifies any indemnification obligations
11. General Provisions: Includes standard boilerplate clauses such as notices, amendments, and governing law
1. Exclusivity: Used when the finder is granted exclusive rights for specific targets or territories
2. Non-Circumvention: Added when there's risk of the client bypassing the finder to avoid fees
3. Success Fee Tail Period: Included when fees may be payable for introductions that result in transactions after agreement termination
4. Regulatory Compliance: Required if the finder's activities might touch on regulated areas like securities or real estate
5. Dispute Resolution: Optional detailed provisions for arbitration or specific dispute resolution procedures
6. Force Majeure: Added when needed to address unforeseen circumstances affecting performance
1. Schedule A - Fee Calculation: Detailed breakdown of fee structures, including any sliding scales or special conditions
2. Schedule B - Target Business Profile: Specific criteria or list of target businesses/individuals for the finder's services
3. Schedule C - Excluded Targets: List of entities or individuals explicitly excluded from the scope of the agreement
4. Schedule D - Reporting Requirements: Template or format for regular activity reports if required
5. Appendix 1 - Introduction Confirmation Form: Standard form for documenting qualified introductions
Authors
Financial Services
Real Estate
Mergers & Acquisitions
Private Equity
Venture Capital
Business Services
Professional Services
Investment Banking
Commercial Real Estate
Industrial
Technology
Manufacturing
Import/Export
Consulting
Legal
Business Development
Corporate Development
Finance
Commercial
Mergers & Acquisitions
Partnerships
Executive Leadership
Investment Relations
Compliance
Business Development Manager
Chief Executive Officer
Managing Director
Legal Counsel
Corporate Lawyer
Business Broker
Investment Advisor
Chief Financial Officer
Commercial Director
Partnerships Manager
Business Consultant
Merger & Acquisition Specialist
Deal Originator
Business Development Executive
Investment Relations Manager
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