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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."
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
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
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
Background
Definitions
Appointment
Scope of Services
Finder's Obligations
Principal's Obligations
Fee Structure
Payment Terms
Success Criteria
Term
Termination
Confidentiality
Non-Circumvention
Representations and Warranties
Limitation of Liability
Force Majeure
Assignment
Notices
Entire Agreement
Severability
Waiver
Amendments
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Real Estate
Financial Services
Investment Banking
Private Equity
Manufacturing
Technology
Healthcare
Professional Services
Construction
Trading
Hospitality
Energy
Legal
Business Development
Commercial
Finance
Procurement
Operations
Strategy
Compliance
Corporate Development
Mergers & Acquisitions
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
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