Finder's Fee Commission Agreement Template for Pakistan

The Finder's Fee Commission Agreement is essential for businesses operating in Pakistan that rely on external parties to source business opportunities, potential clients, or strategic partnerships. This document becomes necessary when companies wish to formalize arrangements with individuals or entities who can facilitate valuable business connections while ensuring compliance with Pakistani legal requirements. The agreement typically outlines the specific criteria for qualifying introductions, commission structures, and payment terms, providing clarity and legal protection for both the principal and the finder. It's particularly relevant in today's Pakistani business environment where networking and business intermediary services play a crucial role in facilitating commercial transactions. The agreement helps prevent future disputes by clearly documenting the terms of engagement, commission entitlements, and the scope of the finder's services, all while adhering to Pakistani contract law and financial regulations.

1. Parties: Identifies and provides full details of the principal and the finder, including legal names, addresses, and registration details if applicable

2. Background: Contains recitals explaining the context of the agreement and the principal's need for finder's services

3. Definitions: Defines key terms used throughout the agreement, including 'Successful Introduction', 'Commission', 'Target Business', etc.

4. Appointment and Scope: Defines the finder's role, services to be provided, and whether the appointment is exclusive or non-exclusive

5. Commission Structure: Details the commission rates, calculation method, and qualifying criteria for commission payment

6. Payment Terms: Specifies payment timing, method, currency, and any conditions precedent to payment

7. Finder's Obligations: Lists the finder's duties, responsibilities, and standard of service

8. Principal's Obligations: Outlines the principal's responsibilities, including information provision and payment obligations

9. Term and Termination: Specifies the duration of the agreement and circumstances for termination

10. Confidentiality: Addresses handling of confidential information and trade secrets

11. Governing Law and Jurisdiction: Specifies Pakistani law as governing law and defines jurisdiction for dispute resolution

12. General Provisions: Contains standard boilerplate clauses including notices, amendments, and severability