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Finders Fee Consulting Agreement Template for Canada

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Key Requirements PROMPT example:

Finders Fee Consulting Agreement

"I need a Finder's Fee Consulting Agreement for engaging a consultant to source potential tech startup investment opportunities in Western Canada, with exclusive rights and a success fee structure of 2% for deals above $5M, starting January 2025."

Document background
The Finder's Fee Consulting Agreement is essential for businesses operating in Canada that wish to engage consultants or intermediaries to facilitate introductions to potential business partners, investors, or opportunities. This document type is commonly used when companies seek to expand their network and business opportunities through professional intermediaries while ensuring compliance with Canadian securities regulations and business laws. The agreement covers crucial elements such as service scope, fee structures, payment conditions, and regulatory compliance requirements. It's particularly important as finder's fee arrangements in Canada are subject to specific securities regulations, including National Instrument 31-103, and must be properly documented to ensure legal compliance and protect all parties' interests. The agreement helps prevent future disputes by clearly defining what constitutes a successful introduction and the conditions under which fees become payable.
Suggested Sections

1. Parties: Identification of the company engaging the finder and the finder/consultant

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Key terms used throughout the agreement including 'Successful Introduction', 'Qualified Transaction', 'Fee', etc.

4. Scope of Services: Detailed description of the finder's services, including introduction activities and limitations

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Compensation: Structure and calculation of finder's fees, payment terms, and conditions for fee eligibility

7. Regulatory Compliance: Acknowledgment of applicable securities laws and regulatory requirements

8. Representations and Warranties: Statements regarding authority, compliance, and qualifications of both parties

9. Confidentiality: Protection of confidential information and trade secrets

10. Independent Contractor: Clarification of the finder's status as an independent contractor

11. Limitation of Liability: Boundaries of each party's liability and indemnification provisions

12. General Provisions: Standard clauses including governing law, notices, assignment, and amendments

Optional Sections

1. Non-Circumvention: Prevents direct dealings between the company and introduced parties without compensating the finder

2. Exclusivity: Used when the finder has exclusive rights for certain introductions or territories

3. Tail Period: Defines period after termination during which finder remains eligible for fees

4. Sub-Contractors: Include when finder may need to engage other parties to assist with services

5. Dispute Resolution: Specific procedures for resolving disputes, such as mandatory mediation

6. Insurance Requirements: Include when finder must maintain specific insurance coverage

7. Marketing Rights: Permission and restrictions on using company name in finder's marketing

Suggested Schedules

1. Schedule A - Fee Structure: Detailed breakdown of fee calculations, tiers, and payment terms

2. Schedule B - Target Criteria: Specific criteria for qualifying potential introductions

3. Schedule C - Excluded Parties: List of parties excluded from fee eligibility

4. Schedule D - Reporting Requirements: Format and frequency of activity reports required from finder

5. Appendix 1 - Compliance Checklist: Regulatory compliance requirements and documentation

6. Appendix 2 - Introduction Protocol: Specific procedures for making and documenting introductions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 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

Venture Capital

Management Consulting

Business Services

Technology

Manufacturing

Mining and Resources

Healthcare

Professional Services

Relevant Teams

Legal

Finance

Business Development

Corporate Development

Compliance

Executive Leadership

Strategic Planning

Mergers & Acquisitions

Partnerships

Investment

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Compliance Officer

Investment Manager

Corporate Development Director

Mergers & Acquisitions Director

Business Consultant

Financial Advisor

Strategic Planning Manager

Partnership Manager

Business Broker

Deal Originator

Investment Banker

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

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