Introduction Fee Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Introduction Fee Agreement

"I need an Introduction Fee Agreement for my Dubai-based consultancy firm to facilitate business introductions in the real estate sector, with a 5% success fee structure and an initial term until December 2025."

Document background
The Introduction Fee Agreement is a critical document used in the United Arab Emirates business environment to formalize arrangements where one party (the introducer) agrees to facilitate business connections or opportunities for another party (the client) in exchange for specified compensation. This document is essential for businesses seeking to expand their network, enter new markets, or identify potential business partners through intermediaries. The agreement must comply with UAE commercial laws and regulations, particularly regarding commercial agency, financial transactions, and contract formation. It typically includes detailed provisions about what constitutes a successful introduction, fee calculation methods, payment triggers, and protection mechanisms for all parties involved. The document is commonly used by consultants, business advisors, and corporate service providers operating in the UAE market.
Suggested Sections

1. Parties: Identification of the introducer and the client, including full legal names, addresses, and registration details

2. Background: Context of the agreement, brief description of the parties' business activities and the purpose of the introduction services

3. Definitions: Key terms used in the agreement, including 'Introduction', 'Introduction Fee', 'Target Business', and 'Successful Introduction'

4. Scope of Services: Detailed description of the introduction services to be provided and the introducer's obligations

5. Fee Structure: Detailed breakdown of introduction fees, calculation methods, and payment triggers

6. Payment Terms: Timeline for payments, payment methods, currency, and any conditions precedent

7. Duration: Term of the agreement and any exclusivity periods

8. Obligations of the Client: Client's responsibilities regarding introductions and communication

9. Representations and Warranties: Standard warranties about capacity to contract and authority

10. Confidentiality: Protection of confidential information shared during introductions

11. Termination: Circumstances under which the agreement can be terminated and consequences

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Circumvention: Used when there's a risk of the client bypassing the introducer to deal directly with introduced parties

2. Exclusivity: Include when the introducer has exclusive rights to make certain introductions

3. Force Majeure: Include for longer-term arrangements to address unforeseen circumstances

4. Anti-Bribery and Corruption: Include for compliance with international standards or when dealing with government entities

5. Data Protection: Include when personal data will be shared as part of the introduction process

6. Non-Solicitation: Include to prevent parties from hiring each other's employees

Suggested Schedules

1. Schedule 1 - Fee Calculation: Detailed methodology for calculating introduction fees, including examples if necessary

2. Schedule 2 - Target Business Profile: Specific criteria for businesses or opportunities that the client is interested in

3. Schedule 3 - Reporting Requirements: Format and frequency of progress reports on introductions

4. Appendix A - Introduction Notice Template: Standard form for formally documenting introductions

5. Appendix B - Success Criteria: Detailed criteria for what constitutes a successful introduction

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

Professional Services

Investment Banking

Private Equity

Manufacturing

Technology

Healthcare

Education

Construction

Trading

Consulting

Business Services

Hospitality

Relevant Teams

Legal

Finance

Business Development

Commercial

Compliance

Corporate Development

Partnerships

Operations

Strategy

Risk Management

Relevant Roles

Business Development Manager

Chief Executive Officer

Commercial Director

Legal Counsel

Finance Director

Business Consultant

Investment Advisor

Managing Director

Corporate Development Manager

Chief Financial Officer

Relationship Manager

Compliance Officer

Contract Manager

Business Advisory Director

Partnership Manager

Industries
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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