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Finders Fee Contract
"I need a Finder's Fee Contract under Saudi Arabian law for my technology company to engage a business consultant who will help us identify potential acquisition targets in the Middle East region, with a success fee of 2% of transaction value and the agreement to commence from March 1, 2025."
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 finder's appointment
3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', 'Fee', etc.
4. Appointment and Scope: Formal appointment of the finder and detailed description of services to be provided
5. Finder's Obligations: Detailed responsibilities of the finder, including reporting requirements and compliance obligations
6. Principal's Obligations: Responsibilities of the principal, including information provision and cooperation
7. Fee Structure: Detailed calculation method for finder's fee, including triggers for payment and any variations
8. Payment Terms: Timeline and method of payment, including any conditions precedent
9. Term and Termination: Duration of the agreement and circumstances allowing early termination
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. Compliance with Laws: Specific obligations regarding Saudi regulations and Sharia compliance
12. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
1. Exclusivity: Used when the finder is granted exclusive rights for specific targets or territories
2. Non-Circumvention: Include when there's risk of direct dealings bypassing the finder
3. Post-Termination Obligations: Add when there's need to protect finder's rights to fees after termination
4. Insurance Requirements: Include for high-value transactions requiring professional indemnity insurance
5. Force Majeure: Add when needed to address unforeseen circumstances affecting performance
6. Anti-Money Laundering Compliance: Include for financial sector or high-value transactions
7. Data Protection: Add when personal data processing is involved in finder's activities
1. Fee Calculation Schedule: Detailed breakdown of fee calculation methods and examples
2. Target Business Profile: Specific criteria and parameters of businesses/opportunities being sought
3. Excluded Opportunities: List of pre-existing contacts or opportunities excluded from the agreement
4. Required Information Template: Standard format for submitting potential opportunity information
5. Compliance Checklist: Specific compliance requirements and verification procedures
6. Reporting Templates: Standard forms for periodic activity reporting
Authors
Financial Services
Real Estate
Private Equity
Mergers & Acquisitions
Industrial Manufacturing
Technology
Healthcare
Energy
Infrastructure
Professional Services
Retail
Hospitality
Construction
Trading & Distribution
Legal
Business Development
Commercial
Finance
Compliance
Corporate Development
Strategy
Operations
Procurement
Risk Management
Corporate Affairs
Business Development Manager
Chief Executive Officer
Legal Counsel
Commercial Director
Finance Director
Compliance Officer
Investment Manager
Managing Director
Corporate Development Manager
Strategy Director
Operations Manager
Procurement Manager
Business Broker
Commercial Agent
Relationship Manager
Find the exact document you need
Finders Fee Contract
A Saudi Arabian law-governed agreement establishing terms for compensating intermediaries for successful business introductions, aligned with Sharia principles and local regulations.
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