The Finder Fees Agreement is essential for businesses operating in Malta who wish to formalize arrangements with intermediaries who facilitate valuable business connections or opportunities. This document is particularly important in the Maltese business environment, where international commerce and financial services play a significant role. The agreement needs to comply with Maltese civil and commercial law, while also considering relevant EU regulations, particularly when dealing with regulated industries. It typically includes detailed provisions on fee structures, success criteria, payment terms, and the scope of the finder's services. The document is crucial for protecting both parties' interests and ensuring clarity in their business relationship, while also addressing specific Maltese legal requirements and market practices.
Finder Fees Agreement for Malta
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Key Requirements PROMPT example:
Finder Fees Agreement
"I need a Finder's Fee Agreement under Maltese law for our investment firm to engage an international business consultant who will introduce potential investors from the EU region, with a success fee structure of 2% for investments above 鈧1 million, effective from January 2025."
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1. Parties: Identifies and defines the parties to the agreement - the Principal and the Finder
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Details the specific services the Finder will provide and the target introductions sought
5. Finder's Obligations: Outlines the Finder's duties, responsibilities, and standard of service
6. Principal's Obligations: Specifies the Principal's duties and responsibilities
7. Fees and Payment Terms: Details the fee structure, calculation method, and payment terms
8. Term and Termination: Specifies the duration of the agreement and termination provisions
9. Confidentiality: Standard confidentiality provisions protecting both parties' information
10. Representations and Warranties: Basic warranties about capacity to contract and service delivery
11. Limitation of Liability: Defines the extent and limitations of each party's liability
12. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Exclusivity: Used when the Finder is granted exclusive rights for specific introductions or territories
2. Regulatory Compliance: Required when the services involve regulated activities or sectors
3. International Provisions: Needed when the agreement involves cross-border activities
4. Non-Circumvention: Used to prevent direct dealings between the Principal and introduced parties
5. Data Protection: Required when personal data processing is involved in the finder's activities
6. Force Majeure: Optional clause for unforeseeable circumstances preventing performance
7. Non-Solicitation: Used to prevent poaching of employees or clients
8. Intellectual Property: Required when proprietary information or materials are shared
1. Schedule 1 - Fee Structure: Detailed breakdown of fees, calculations, and payment scenarios
2. Schedule 2 - Services Description: Detailed specification of the finder's services and responsibilities
3. Schedule 3 - Target Criteria: Specific criteria for qualifying introductions
4. Schedule 4 - Reporting Requirements: Format and frequency of activity reports
5. Schedule 5 - Prohibited Introductions: List of excluded parties or types of introductions
6. Appendix A - Introduction Notice Template: Standard form for documenting introductions
7. Appendix B - Success Fee Calculation Examples: Examples illustrating how fees are calculated in various scenarios
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Real Estate
Investment Banking
Corporate Services
Professional Services
Manufacturing
Technology
Mergers & Acquisitions
Private Equity
Commercial Property
Business Consulting
International Trade
Relevant Teams
Legal
Finance
Business Development
Commercial
Compliance
Operations
Corporate Development
Partnerships
Risk Management
Treasury
Relevant Roles
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Commercial Director
Legal Counsel
Business Broker
Investment Consultant
Corporate Development Manager
Partnership Manager
Compliance Officer
Finance Director
Operations Manager
Business Consultant
Intermediary Services Manager
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