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Finders Fee Contract
"I need a Finder's Fee Contract for my Singapore-based technology company to engage an independent consultant who will help us find potential investors in the ASEAN region, with a success fee of 2% for introductions that result in investments above $1 million."
1. Parties: Identification of the principal and finder with full legal names and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement including 'Successful Introduction', 'Target Business', and 'Fee'
4. Scope of Services: Detailed description of finder's duties, permitted activities, and what constitutes a successful introduction
5. Fee Structure: Payment terms, calculation method, timing of payments, and conditions for fee eligibility
6. Term and Termination: Duration of agreement, termination provisions, and post-termination obligations
7. Confidentiality: Protection of confidential information and trade secrets, including client information
8. Representations and Warranties: Statements regarding finder's capacity, compliance with laws, and authority to act
9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for dispute resolution
1. Non-Compete: Restrictions on finder's activities with competitors, typically used when protecting against competitive activities is important
2. Regulatory Compliance: Specific compliance obligations under Singapore law, particularly relevant when finder's activities may touch regulated areas
3. Insurance: Required insurance coverage provisions, used when significant liability risks exist
4. International Provisions: Cross-border considerations and compliance requirements, included when parties are in different jurisdictions
5. Data Protection: Specific obligations under PDPA for handling personal data, included when personal information will be processed
1. Fee Schedule: Detailed breakdown of fee calculations, payment tiers, and example calculations
2. Target Client Profile: Description of ideal clients or opportunities that the finder should pursue
3. Compliance Guidelines: Specific procedures and requirements for regulatory compliance under Singapore law
4. Reporting Templates: Standard forms for activity reporting and fee claims
5. Excluded Parties List: List of entities or individuals excluded from the scope of the finder's agreement
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