Assignment Fee Contract Template for Hong Kong

1. Security: Include when additional security or collateral is required for the fee payment

2. Tax Provisions: Include when specific tax implications need to be addressed, particularly for substantial assignments

3. Regulatory Compliance: Include when the assignment involves regulated activities or assets

4. Confidentiality: Include when sensitive information is involved in the assignment

5. Third Party Consents: Include when the assignment requires approval from other parties

6. Interest and Penalties: Include when there are specific provisions for late payment or default

7. Force Majeure: Include when longer-term payment obligations need protection against unforeseen events

1. Schedule 1 - Assigned Rights: Detailed description of the rights or property being assigned

2. Schedule 2 - Fee Calculation: Detailed methodology for calculating the assignment fee

3. Schedule 3 - Payment Schedule: Detailed payment timeline and installment amounts if applicable

4. Schedule 4 - Completion Requirements: List of documents and actions required for completion

5. Appendix A - Form of Notice: Template for any required notices related to the assignment

6. Appendix B - Required Consents: List of required third-party consents and their status