Introducer Agreement Commission Template for Hong Kong

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Key Requirements PROMPT example:

Introducer Agreement Commission

"I need an Introducer Agreement Commission for my Hong Kong wealth management firm to engage independent financial advisors who will refer high-net-worth clients to us, with a tiered commission structure based on assets under management and a 3-year term starting January 2025."

Document background
The Introducer Agreement Commission is a crucial document for businesses operating in Hong Kong's dynamic commercial environment where formal referral networks are essential for growth and client acquisition. This agreement type is particularly relevant in Hong Kong's financial hub context, where strict regulatory oversight necessitates clear documentation of business relationships and commission structures. The document enables companies to formalize relationships with introducers while ensuring compliance with Hong Kong's regulatory requirements, including the Securities and Futures Ordinance, Anti-Money Laundering regulations, and data privacy laws. It is commonly used by financial institutions, professional services firms, and other businesses seeking to expand their client base through structured referral arrangements, with detailed provisions for commission calculations, payment terms, and compliance obligations.
Suggested Sections

1. Parties: Identification of the introducer and the company receiving introductions, including full legal names and registered addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Commission', 'Introduced Client', etc.

4. Appointment and Scope: Terms of appointment of the introducer and scope of introduction services

5. Introducer's Obligations: Key responsibilities of the introducer, including compliance with laws and regulatory requirements

6. Company's Obligations: Responsibilities of the company receiving introductions, including processing of introductions and payment of commissions

7. Commission Structure: Details of commission rates, calculation methods, and payment terms

8. Compliance Requirements: Regulatory compliance obligations, including AML requirements and required disclosures

9. Confidentiality: Obligations regarding confidential information and client data protection

10. Term and Termination: Duration of the agreement and circumstances for termination

11. Post-Termination: Rights and obligations that survive termination, including commission payments

12. General Provisions: Standard contractual provisions including governing law, notices, and entire agreement

Optional Sections

1. Non-Compete: Restrictions on introducer's ability to work with competitors, used when exclusivity is required

2. Intellectual Property: IP rights and usage terms, necessary when branded materials or proprietary systems are involved

3. Training and Support: Details of any training or support provided to the introducer, included when the company provides significant support

4. Marketing Guidelines: Rules for marketing and promotion of services, included when introducer will be involved in marketing

5. Insurance Requirements: Specific insurance coverage requirements, needed for high-risk or regulated industries

6. Dispute Resolution: Specific dispute resolution procedures, recommended for high-value or complex arrangements

7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term or critical relationships

Suggested Schedules

1. Commission Rates and Calculations: Detailed breakdown of commission structures, including any tiered rates or special arrangements

2. Introduction Process: Step-by-step process for making and recording introductions

3. Required Documentation: List of documents and information required for valid introductions

4. Compliance Procedures: Detailed compliance requirements and procedures

5. Approved Marketing Materials: List of approved marketing materials and usage guidelines

6. Reporting Templates: Standard forms for introduction records and commission calculations

7. Territory Schedule: Definition of geographical territories if territory-based restrictions apply

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 legal definitions
Clauses
Relevant Industries

Financial Services

Banking

Insurance

Wealth Management

Professional Services

Real Estate

Corporate Services

Investment Management

Fund Management

Legal Services

Consulting Services

Relevant Teams

Legal

Compliance

Business Development

Sales

Finance

Operations

Risk Management

Commercial

Partner Relations

Corporate Development

Relevant Roles

Business Development Manager

Compliance Officer

Legal Counsel

Commercial Director

Partnership Manager

Relationship Manager

Chief Operating Officer

Head of Sales

Risk Manager

Managing Director

Chief Financial Officer

Head of Business Development

Compliance Manager

Sales 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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