Finders Fee Agreement PDF Template

Key Aspects Of a Finders Fee Agreement PDF Template

A Letter of Intent for Promotion should contain the following:

• Parties to the agreement: This section should clearly state the details of the parties involved in the agreement.
  

• Scope of services: Precisely define the specific services the finder will provide. This section should outline the finder’s activities to identify and present potential opportunities.
  

• Fee structure and payment terms: Specify how the finder will be compensated. It includes determining whether the fee will be a fixed amount or a percentage of the transaction value. The agreement should also indicate when and how the finder’s fee will be paid upon successful transaction completion, in installments, or at predetermined milestones.
  

• Exclusivity and non-circumvention: If the agreement includes exclusivity terms, the client cannot engage with other finders for the same purpose during a specified period. Non-circumvention clauses prevent the client from directly contacting or working with the identified opportunities without involving the finder.
  

• Confidentiality: It is necessary to include a clause on confidentiality to safeguard the confidentiality of sensitive information shared during the engagement. It ensures the finder does not disclose any proprietary or confidential information obtained while providing services.
  

• Term and terminations: Specify the duration of the engagement and the conditions under which either party can terminate the agreement.
  Indemnification and liability: It is essential to address liability and indemnification to protect both parties. The agreement should clearly define each party’s responsibilities and liabilities and outline the process for resolving disputes or claims arising from the agreement.
  

• Governing law and jurisdiction: To establish legal clarity, indicate the governing law under which the agreement will be interpreted and enforced.