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Introduction Fee Agreement Template for Austria

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Key Requirements PROMPT example:

Introduction Fee Agreement

"I need an Introduction Fee Agreement under Austrian law for my management consulting firm, where we'll be paying fees to business consultants who introduce us to new clients in the manufacturing sector, with a success-based fee structure of 10% of the first year's consulting revenues."

Document background
The Introduction Fee Agreement is a crucial document for businesses operating in Austria who engage intermediaries or consultants to facilitate valuable business connections. This agreement type is commonly used when professional introducers, business brokers, or advisors connect their clients with potential business partners, investors, or opportunities in exchange for fees. The document must comply with Austrian law, including the Civil Code (ABGB), Commercial Code (UGB), and specific regulations governing brokerage activities (Maklergesetz). It typically includes detailed provisions on fee structures, ranging from flat fees to success-based compensation, along with clear definitions of what constitutes a successful introduction. The agreement is particularly important in regulated industries where formal documentation of business relationships is required, and it helps prevent future disputes by clearly outlining the rights, obligations, and compensation terms between parties.
Suggested Sections

1. Parties: Identification of the introducer and the client, including full legal names, registration details, and addresses

2. Background: Context of the agreement, brief description of the parties' businesses, and purpose of the introduction services

3. Definitions: Key terms used throughout the agreement, including 'Introduction', 'Target', 'Success Fee', etc.

4. Scope of Services: Detailed description of the introduction services to be provided, including the type of introductions and target criteria

5. Fee Structure: Details of all applicable fees, including introduction fees, success fees, and calculation methods

6. Payment Terms: Timeline for payments, invoicing requirements, and payment methods

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

8. Confidentiality: Obligations regarding confidential information shared during the introduction process

9. Data Protection: GDPR compliance and handling of personal data

10. Warranties and Representations: Standard warranties about capacity to contract and provision of services

11. Limitation of Liability: Caps on liability and exclusions

12. Governing Law and Jurisdiction: Confirmation of Austrian law and jurisdiction for disputes

Optional Sections

1. Exclusivity: Used when the introducer is granted exclusive rights for specific targets or territories

2. Non-Circumvention: Include when there's risk of direct engagement between client and targets bypassing the introducer

3. Due Diligence: Required for introductions in regulated industries or high-value transactions

4. Marketing and Promotion: Include when the introducer needs specific rights to market the client's business

5. Force Majeure: Optional clause for circumstances preventing performance

6. Assignment: Include if either party might need to transfer rights under the agreement

7. Specific Industry Requirements: Additional provisions required for regulated industries like financial services

Suggested Schedules

1. Fee Schedule: Detailed breakdown of fee structures, calculations, and examples

2. Target Criteria: Specific criteria for acceptable introductions and target companies/individuals

3. Introduction Process: Step-by-step procedure for making and documenting introductions

4. Reporting Template: Standard format for reporting introductions and tracking progress

5. Contact Details: Key contact information for both parties and escalation procedures

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

Professional Services

Real Estate

Investment Banking

Management Consulting

Private Equity

Venture Capital

Insurance

Corporate Advisory

Business Services

Mergers & Acquisitions

Commercial Real Estate

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Commercial

Strategy

Mergers & Acquisitions

Executive Leadership

Corporate Finance

Compliance

Relevant Roles

Chief Executive Officer

Business Development Manager

Managing Director

Corporate Development Officer

Investment Manager

Business Broker

Chief Financial Officer

Legal Counsel

Commercial Director

Partner (Professional Services)

Head of Strategy

Relationship Manager

Business Consultant

Corporate Finance Director

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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