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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."
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
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
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
Financial Services
Real Estate
Investment Banking
Private Equity
Mergers & Acquisitions
Professional Services
Technology
Manufacturing
Commercial Real Estate
Business Consulting
Venture Capital
Industrial
Retail
Legal
Finance
Business Development
Corporate Development
Commercial
Procurement
Mergers & Acquisitions
Real Estate
Strategy
Operations
Compliance
Treasury
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
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