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Finders Agreement
"I need a Finder's Agreement for my technology company based in Karachi, where we'll engage an independent consultant to help us identify potential investors for our Series A funding round, with a success fee of 2% and a six-month exclusivity period starting March 2025."
1. Parties: Identification of the Principal and the Finder with full legal names and addresses
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used in the agreement, including 'Opportunity', 'Target', 'Success Fee', and 'Introduction'
4. Appointment and Scope: Terms of the Finder's appointment and detailed scope of services
5. Finder's Obligations: Specific duties and responsibilities of the Finder
6. Principal's Obligations: Specific duties and responsibilities of the Principal
7. Compensation: Details of finder's fees, success fees, and payment terms
8. Term and Termination: Duration of the agreement and termination provisions
9. Confidentiality: Obligations regarding confidential information
10. Non-Circumvention: Prevention of direct dealings that bypass the Finder
11. Representations and Warranties: Standard declarations by both parties
12. Governing Law and Jurisdiction: Specification of Pakistani law and jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Exclusivity: Used when the Finder is granted exclusive rights for specific targets or territories
2. Insurance: Include when the nature of services requires professional liability insurance
3. Intellectual Property: Required when the Finder may develop or use proprietary materials
4. Force Majeure: Optional clause for unforeseeable circumstances preventing performance
5. Anti-Corruption: Important for high-value deals or when dealing with government entities
6. Dispute Resolution: Alternative dispute resolution mechanisms like arbitration or mediation
7. Non-Solicitation: Used when protecting against poaching of identified opportunities or contacts
1. Schedule 1 - Fee Structure: Detailed breakdown of fees, including success fee calculations and payment terms
2. Schedule 2 - Target Criteria: Specific criteria for qualified targets or opportunities
3. Schedule 3 - Excluded Targets: List of pre-existing relationships or excluded potential targets
4. Schedule 4 - Territory: Definition of geographical or market scope if applicable
5. Schedule 5 - Reporting Requirements: Format and frequency of progress reports if required
Authors
Financial Services
Real Estate
Manufacturing
Technology
Energy
Healthcare
Mining
Construction
Telecommunications
Professional Services
Import/Export
Retail
Agriculture
Education
Legal
Business Development
Corporate Development
Finance
Strategy
Commercial
Mergers & Acquisitions
Investment
Partnerships
Executive Leadership
Risk Management
Compliance
Business Development Manager
Chief Executive Officer
Managing Director
Corporate Development Officer
Investment Manager
Legal Counsel
Chief Financial Officer
Mergers & Acquisitions Director
Strategy Director
Commercial Director
Business Broker
Investment Advisor
Partnership Manager
Development Director
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