Simple Finders Fee Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Simple Finders Fee Agreement

"I need a Simple Finder's Fee Agreement under UAE law for our real estate development company, offering a 2% commission for successful introductions to potential investors who invest minimum AED 5 million, with the agreement to be effective from March 1, 2025."

Document background
The Simple Finder's Fee Agreement is essential for businesses operating in the UAE's dynamic market where networking and business introductions play a crucial role in commercial success. This document is typically used when a company wishes to formally engage an individual or entity to facilitate introductions to potential business partners, investors, or clients in exchange for a defined fee. The agreement, governed by UAE law, must comply with federal regulations including the UAE Civil Code and Commercial Transactions Law, while clearly defining the scope of permitted activities to avoid conflicts with commercial agency laws. A Simple Finder's Fee Agreement is particularly important in the UAE business environment where relationships and introductions are fundamental to business development, and where clear documentation of such arrangements is necessary for both legal compliance and practical business purposes.
Suggested Sections

1. Parties: Identification and details of the Principal and the Finder, including full legal names, addresses, and registration details if applicable

2. Background: Brief context of the agreement, explaining the Principal's needs and Finder's services

3. Definitions: Key terms used in the agreement, including 'Successful Introduction', 'Target Business/Party', 'Finder's Fee', etc.

4. Scope of Services: Detailed description of the finder's role, responsibilities, and what constitutes a successful introduction

5. Fee Structure: Clear specification of the finder's fee amount or calculation method, including payment timing and conditions

6. Payment Terms: Details of how and when payments will be made, including any conditions precedent

7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

8. Confidentiality: Obligations regarding confidential information shared during the engagement

9. Warranties and Representations: Standard warranties from both parties, including Finder's authority to act and compliance with laws

10. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Exclusivity: Used when the Finder is granted exclusive rights for specific introductions or territories

2. International Payments: Include when parties are in different countries, addressing currency and transfer requirements

3. Non-Circumvention: Added when there's risk of direct engagement between Principal and introduced parties

4. Regulatory Compliance: Specific section for regulated industries or when dealing with specific UAE regulatory requirements

5. Force Majeure: Added for longer-term arrangements to address unforeseen circumstances

6. Assignment: Include when either party might need to transfer rights under the agreement

7. Notices: Detailed notice provisions for formal communications between parties

Suggested Schedules

1. Schedule 1 - Target Profile: Detailed description of the type of introduction sought, including any specific criteria

2. Schedule 2 - Fee Calculation: Detailed breakdown of fee structure, including examples if complex calculations are involved

3. Schedule 3 - Excluded Parties: List of any parties explicitly excluded from the scope of the agreement

4. Appendix A - Introduction Report Template: Standard format for documenting introductions made by the Finder

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

Real Estate

Financial Services

Investment Banking

Private Equity

Manufacturing

Technology

Healthcare

Professional Services

Construction

Trading

Hospitality

Energy

Relevant Teams

Legal

Business Development

Commercial

Finance

Procurement

Operations

Strategy

Compliance

Corporate Development

Mergers & Acquisitions

Relevant Roles

Business Development Manager

Chief Executive Officer

Managing Director

Commercial Director

Legal Counsel

Business Broker

Investment Manager

Real Estate Broker

Procurement Manager

Strategic Partnerships Manager

Chief Financial Officer

Operations Director

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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