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Fee Share Agreement Template for Singapore

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Key Requirements PROMPT example:

Fee Share Agreement

"I need a Fee Share Agreement for my law firm to establish a 60/40 fee split with an independent legal consultant who will be referring clients to us starting March 2025, with provisions for quarterly payments and confidentiality obligations."

What is a Fee Share Agreement?

Fee Share Agreements are essential documents in professional service arrangements where multiple parties collaborate and share revenue. These agreements, governed by Singapore law, establish clear frameworks for fee distribution, ensuring transparency and compliance with regulatory requirements. A Fee Share Agreement typically outlines the basis for calculation, timing of payments, and parties' responsibilities, while ensuring compliance with professional ethics and Singapore's regulatory framework. This document is particularly crucial in regulated industries where fee-sharing must adhere to specific professional guidelines and legal requirements.

What sections should be included in a Fee Share Agreement?

1. Parties: Identification and details of all parties involved in the fee-sharing arrangement

2. Background: Context and purpose of the fee-sharing arrangement

3. Definitions: Key terms used throughout the agreement

4. Fee Structure: Detailed breakdown of fee-sharing percentages and calculation methods

5. Payment Terms: Timing, method, and conditions for fee payments

6. Duration: Term of the agreement and renewal provisions

7. Termination: Circumstances and process for ending the agreement

What sections are optional to include in a Fee Share Agreement?

1. Non-Competition: Restrictions on competitive activities between parties during and after the agreement term

2. Confidentiality: Provisions for protecting sensitive business information shared between parties

3. Professional Requirements: Specific obligations and compliance requirements for regulated professionals

What schedules should be included in a Fee Share Agreement?

1. Fee Calculation Schedule: Detailed methodology for calculating fees and shares between parties

2. Service Area Schedule: Definition of geographical or service scope covered by the agreement

3. Payment Schedule: Detailed timing and breakdown of payment obligations

4. Professional Qualifications Appendix: List of required certifications or qualifications for regulated industries

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






























Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, establishing fundamental principles of contract formation, enforceability, and remedies

Competition Act (Cap. 50B): Regulates anti-competitive practices, ensuring fee-sharing arrangements don't constitute market manipulation or anti-competitive agreements

Legal Profession Act: Professional regulations specific to legal practitioners if the fee-sharing agreement involves lawyers

Medical Registration Act: Professional regulations governing medical practitioners if the fee-sharing agreement involves healthcare professionals

Securities and Futures Act: Regulatory framework for financial services sector if the fee-sharing involves financial services professionals

Income Tax Act (Cap. 134): Tax legislation governing the treatment of income and revenue sharing arrangements

Goods and Services Tax Act: Legislation governing GST implications of fee-sharing arrangements

Partnership Act (Cap. 391): Regulations governing partnerships if the fee-sharing arrangement creates or resembles a partnership structure

Limited Liability Partnership Act: Legal framework for LLPs if the fee-sharing arrangement involves or creates an LLP structure

Employment Act: Employment law considerations if the fee-sharing arrangement affects or involves employees

Central Provident Fund Act: Mandatory social security savings scheme implications for fee-sharing arrangements involving employees

Personal Data Protection Act 2012: Data protection requirements if the fee-sharing agreement involves handling of personal data

Arbitration Act: Framework for arbitration as a dispute resolution mechanism in fee-sharing agreements

Mediation Act: Legal framework for mediation as an alternative dispute resolution method

Limitation Act (Cap. 163): Statutory time limits for enforcement of contractual rights and obligations under the fee-sharing agreement

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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