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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."
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
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
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
Financial Services
Real Estate
Investment Banking
Private Equity
Venture Capital
Management Consulting
Business Services
Technology
Manufacturing
Mining and Resources
Healthcare
Professional Services
Legal
Finance
Business Development
Corporate Development
Compliance
Executive Leadership
Strategic Planning
Mergers & Acquisitions
Partnerships
Investment
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
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