The Finder's Fee Consulting Agreement is essential when engaging consultants or intermediaries to identify business opportunities in Singapore's dynamic market. This document is particularly relevant when companies seek to expand their network, identify investment opportunities, or secure partnerships through professional intermediaries. The agreement outlines the scope of the finder's services, compensation structure, and compliance with Singapore's regulatory framework, particularly important in regulated sectors like financial services. It provides legal protection for both parties while ensuring clarity in terms of deliverables and payment conditions.
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Key Requirements PROMPT example:
Finders Fee Consulting Agreement
"I need a Finder's Fee Consulting Agreement for my Singapore-based tech company to engage a consultant who will help us identify potential acquisition targets in Southeast Asia, with a success fee of 2% of deal value and an initial term until March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of finder's services and obligations
5. Fee Structure: Compensation details, payment terms, and conditions for fee earning
6. Term and Termination: Duration of agreement and termination provisions
7. Confidentiality: Protection of confidential information
1. Non-Compete: Restrictions on competitive activities when protecting business interests from competition is crucial
2. Exclusivity: Exclusive rights provisions when finder has exclusive rights to certain opportunities
3. Regulatory Compliance: Specific regulatory obligations when services involve regulated activities
4. Insurance: Insurance requirements when significant financial risks are involved
1. Fee Schedule: Detailed breakdown of fee calculations and payment terms
2. Service Description: Detailed scope of services and deliverables
3. Target Companies/Opportunities: List of specific targets or opportunities if applicable
4. Compliance Requirements: Specific regulatory or compliance obligations
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