Finders Fee Contract Template for Netherlands

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Key Requirements PROMPT example:

Finders Fee Contract

"I need a Finder's Fee Contract for my technology consulting firm to engage an intermediary who will help us identify and connect with potential clients in the Benelux region, with a success fee of 5% of the first year's contract value."

Document background
The Finder's Fee Contract serves as a crucial document in business relationships where intermediaries play a role in facilitating valuable connections. This agreement, governed by Dutch law, is commonly used when businesses seek to formalize arrangements with individuals or entities who can introduce them to potential clients, business partners, investors, or acquisition targets. The contract explicitly defines what constitutes a qualifying introduction, establishes the compensation mechanism, and protects all parties' interests through clear terms and conditions. It's essential for compliance with Dutch regulatory requirements, particularly when the introductions involve regulated sectors or activities. The document typically includes specific provisions about the duration of the finder's rights, the scope of exclusive arrangements (if any), and the conditions under which the finder's fee becomes payable.
Suggested Sections

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

2. Background: Context of the agreement, describing the principal's needs and finder's services

3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target', and 'Finder's Fee'

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

5. Fee Structure: Details of the finder's fee calculation, payment terms, and conditions for fee eligibility

6. Payment Terms: Timeline and method of payment, including invoicing requirements and payment conditions

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. Non-Solicitation: Restrictions on directly approaching introduced parties for future business

10. Representations and Warranties: Basic assurances from both parties about their capacity and authority

11. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes

12. Entire Agreement: Confirmation that the contract represents the complete understanding between parties

Optional Sections

1. Exclusivity: Used when the finder is granted exclusive rights for specific targets or territories

2. Performance Standards: Include when specific quality metrics or service levels need to be maintained

3. Compliance Requirements: Required when the services involve regulated activities or specific industry compliance needs

4. Insurance: Include when the finder needs to maintain specific insurance coverage

5. Intellectual Property: Required when the finder's services involve creation or use of intellectual property

6. Data Protection: Include when personal data processing is involved in the finder's services

7. Force Majeure: Optional clause for circumstances preventing performance

8. Assignment: Include when transfer of rights needs to be specifically addressed

Suggested Schedules

1. Fee Calculator: Detailed breakdown of fee calculation methods and examples

2. Target Profile: Specific criteria and characteristics of desired introduction targets

3. Excluded Parties: List of entities excluded from the finder's fee arrangement

4. Reporting Template: Standard format for reporting introductions and tracking progress

5. Compliance Checklist: Required compliance steps for qualifying introductions

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

Real Estate

Mergers & Acquisitions

Professional Services

Technology

Manufacturing

Private Equity

Venture Capital

Commercial Real Estate

Business Services

Management Consulting

Investment Banking

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Strategy

Mergers & Acquisitions

Commercial

Procurement

Corporate Finance

Executive Leadership

Relevant Roles

Chief Executive Officer

Business Development Manager

Legal Counsel

Corporate Development Director

Investment Manager

Partner

Managing Director

Mergers & Acquisitions Director

Business Broker

Commercial Director

Head of Strategy

Chief Financial Officer

Investment Advisor

Corporate Finance Manager

Business Development Executive

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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