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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."
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
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
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
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