Finder's Fee Consulting Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Finder's Fee Consulting Agreement

"I need a Finder's Fee Consulting Agreement for our UAE-based real estate development company, where we'll pay consultants to identify potential investors for our new Dubai commercial project launching in March 2025, with a tiered fee structure based on investment size."

Document background
The Finder's Fee Consulting Agreement is essential for businesses operating in the UAE market seeking to formalize arrangements with intermediaries who facilitate business opportunities or strategic partnerships. This document is particularly relevant in the UAE's relationship-driven business environment, where introductions and networking play a crucial role in business development. The agreement defines the scope of the finder's services, success criteria, fee structures, and payment terms while ensuring compliance with UAE laws regarding commercial agency, financial transactions, and business relationships. It includes specific provisions required under UAE jurisdiction, such as compliance with local agency laws, anti-bribery regulations, and commercial codes. The document is designed to protect both parties' interests while maintaining transparency in business relationships and financial obligations.
Suggested Sections

1. Parties: Identification of the parties, including full legal names, addresses, and registration details as required under UAE law

2. Background: Context of the agreement, relationship between parties, and general purpose of the arrangement

3. Definitions and Interpretation: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', 'Finder's Fee', etc.

4. Appointment and Scope: Terms of the finder's appointment, exclusivity/non-exclusivity, and territorial scope

5. Finder's Services: Detailed description of services to be provided, including introduction methods and reporting requirements

6. Success Criteria: Clear definition of what constitutes a successful introduction and triggers payment obligation

7. Fees and Payment Terms: Structure of finder's fees, calculation methods, payment timing, and currency

8. Representations and Warranties: Standard and specific warranties from both parties, including finder's authority and client's ability to pay

9. Confidentiality: Provisions for handling confidential information and trade secrets

10. Term and Termination: Duration of agreement, renewal terms, and termination rights

11. Compliance with Laws: Specific provisions regarding UAE laws, anti-bribery, and regulatory compliance

12. Limitation of Liability: Caps on liability and exclusions as permitted under UAE law

13. Dispute Resolution: Jurisdiction, governing law, and dispute resolution procedures in accordance with UAE requirements

14. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

Optional Sections

1. Non-Circumvention: Used when there's risk of direct engagement between client and target, bypassing the finder

2. Intellectual Property: Include when finder may develop or use proprietary methods or materials

3. Insurance: Required when finder's activities might require professional indemnity or other insurance

4. Data Protection: Include when personal data processing is involved in finder's activities

5. Force Majeure: Optional clause defining circumstances beyond parties' control that excuse performance

6. Non-Compete: Used when restricting finder from working with competitors is necessary

7. Shariah Compliance: Include when parties require compliance with Islamic finance principles

Suggested Schedules

1. Schedule 1 - Service Description: Detailed scope of finder's services and methodology

2. Schedule 2 - Fee Structure: Detailed breakdown of fees, calculations, and payment scenarios

3. Schedule 3 - Target Business Profile: Specific criteria and characteristics of target businesses/opportunities

4. Schedule 4 - Reporting Requirements: Format and frequency of progress reports and introduction documentation

5. Schedule 5 - Excluded Opportunities: List of pre-existing relationships or excluded targets

6. Appendix A - Introduction Template: Standard format for documenting introductions

7. Appendix B - Success Confirmation Form: Template for confirming successful introductions and fee calculations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Financial Services

Real Estate

Private Equity

Investment Banking

Construction

Technology

Healthcare

Manufacturing

Professional Services

Energy

Retail

Hospitality

Trading

Import/Export

Free Zone Operations

Relevant Teams

Legal

Finance

Business Development

Commercial

Procurement

Compliance

Corporate Development

Operations

Strategy

Mergers & Acquisitions

Relevant Roles

Chief Executive Officer

Business Development Manager

Legal Counsel

Chief Financial Officer

Commercial Director

Procurement Manager

Investment Manager

Managing Director

Head of Strategy

Corporate Development Manager

Mergers & Acquisitions Director

Operations Director

Business Development Director

Compliance Officer

Contract Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): Governs contracts, obligations, and commercial transactions in the UAE, including formation of contracts, validity requirements, and general contractual principles
UAE Federal Law No. 18 of 1993 (Commercial Code): Regulates commercial transactions and business activities, including provisions related to commercial obligations and contracts
UAE Federal Law No. 2 of 2015 (Commercial Companies Law): Relevant for understanding the legal framework of commercial relationships and business activities between parties
UAE Federal Law No. 8 of 2004 (Financial Free Zones Law): Important if any parties are operating within UAE free zones, as different regulations might apply
UAE Federal Decree Law No. 32 of 2021 (Commercial Transactions Law): Contains provisions relating to commercial agency and intermediary services
UAE Federal Decree Law No. 33 of 2021 (Labor Law): Necessary to ensure the agreement clearly distinguishes the relationship from employment and maintains independent contractor status
UAE Federal Decree Law No. 20 of 2018 (Anti-Money Laundering Law): Relevant for compliance requirements regarding financial transactions and payment structures
UAE Federal Law No. 19 of 2018 (Foreign Direct Investment Law): May be relevant if the finder's fee arrangement involves foreign investment activities
UAE Cabinet Resolution No. 58 of 2020 on Economic Substance Regulations: Relevant for understanding reporting requirements and economic substance considerations in commercial arrangements
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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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