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Finders Fee Contract Template for Austria

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Key Requirements PROMPT example:

Finders Fee Contract

"I need a Finder's Fee Contract under Austrian law for our tech company seeking introductions to potential investors, with a 5% success fee structure and exclusive rights for the finder in the DACH region until March 2025."

Document background
The Finder's Fee Contract is a crucial document used in Austrian business transactions where one party (the Finder) agrees to facilitate introductions or identify opportunities for another party (the Principal) in exchange for compensation. This type of agreement is commonly used in various business contexts, from real estate transactions to corporate mergers and acquisitions, where networking and introductions play a vital role. The contract must comply with Austrian legal requirements, including the ABGB and UGB, and should clearly specify the scope of services, success criteria, and compensation terms. The document typically includes detailed provisions about what constitutes a successful introduction, the calculation and timing of fee payments, and any exclusivity or territorial restrictions that may apply.
Suggested Sections

1. Parties: Identification and details of the Principal and the Finder, including their full legal names, registration numbers (if applicable), and addresses

2. Background: Context of the agreement, including the Principal's business needs and the Finder's capacity to provide the service

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

4. Scope of Services: Detailed description of the finder's services, including the type of introduction or opportunity being sought

5. Fee Structure: Clear definition of the finder's fee amount or calculation method, including any variations based on different scenarios

6. Payment Terms: Timing and method of payment, including any conditions precedent to payment obligation

7. Successful Introduction Criteria: Specific criteria that constitute a successful introduction triggering the fee obligation

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

9. Confidentiality: Obligations regarding confidential information exchanged during the course of the relationship

10. Representations and Warranties: Basic warranties about capacity to contract and provide services

11. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction for dispute resolution

Optional Sections

1. Exclusivity: Used when the Finder is granted exclusive rights for certain introductions or territories

2. Non-Circumvention: Added when there's risk of direct engagement between Principal and Target without compensating the Finder

3. International Payments: Include when parties are in different countries, addressing currency and cross-border payment issues

4. Data Protection: Required when personal data processing is involved in providing the services

5. Force Majeure: Optional clause for circumstances preventing performance

6. Non-Solicitation: Added when there's need to prevent poaching of introduced contacts

7. Dispute Resolution: Detailed dispute resolution procedures, including potential mediation steps before litigation

Suggested Schedules

1. Fee Calculation Examples: Detailed examples showing how fees are calculated in different scenarios

2. Target Profile: Specific criteria and characteristics of the desired introduction target

3. Reporting Template: Standard format for reporting introductions and tracking potential fee triggers

4. Excluded Targets: List of entities or individuals explicitly excluded from the scope of the agreement

5. Introduction Confirmation Form: Template form for documenting and confirming successful introductions

Authors

Alex Denne

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

Relevant legal definitions




































Clauses

































Relevant Industries

Financial Services

Real Estate

Investment Banking

Private Equity

Mergers & Acquisitions

Professional Services

Technology

Manufacturing

Commercial Real Estate

Business Consulting

Venture Capital

Industrial

Retail

Relevant Teams

Legal

Finance

Business Development

Corporate Development

Commercial

Procurement

Mergers & Acquisitions

Real Estate

Strategy

Operations

Compliance

Treasury

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Corporate Development Director

Investment Manager

Legal Counsel

Commercial Director

Business Broker

Merger & Acquisition Manager

Real Estate Agent

Financial Controller

Business Consultant

Partnership Manager

Procurement Manager

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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