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Finders Agreement Template for Australia

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Key Requirements PROMPT example:

Finders Agreement

"I need a Finder's Agreement under Australian law for my technology consulting company based in Sydney, where we'll engage independent contractors to find potential clients in the healthcare sector, with a 10% commission structure for successful introductions that result in contracts worth over $100,000."

Document background
The Finder's Agreement is essential for businesses seeking to formally engage individuals or entities to source new business opportunities, clients, or strategic partnerships. This document is particularly relevant in the Australian business context, where it must comply with federal and state-level regulations governing commercial arrangements and financial services. The agreement typically includes detailed provisions on compensation structures, defines what constitutes a successful introduction, and establishes clear boundaries for the finder's authority to act on behalf of the principal. It incorporates necessary safeguards to protect confidential information and intellectual property while ensuring compliance with Australian privacy laws and fair trading regulations. The Finder's Agreement is commonly used across various industries where business introductions and networking are valuable, from real estate and financial services to technology and professional services sectors.
Suggested Sections

1. Parties: Identifies and defines the parties to the agreement - the Principal and the Finder

2. Background: Sets out the context of the agreement, including the Principal's business and the Finder's role

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Scope: Defines the Finder's appointment, services to be provided, and any territorial limitations

5. Finder's Obligations: Details the specific duties and responsibilities of the Finder

6. Principal's Obligations: Outlines the Principal's commitments and responsibilities

7. Compensation: Details the finder's fee structure, calculation method, and payment terms

8. Successful Introduction: Defines what constitutes a successful introduction and qualifying conditions for compensation

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

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

11. Intellectual Property: Covers ownership and use of intellectual property

12. Non-Solicitation: Prevents the Finder from soliciting the Principal's clients or employees

13. Representations and Warranties: Contains basic warranties from both parties

14. Limitation of Liability: Sets boundaries on parties' liability

15. General Provisions: Includes standard boilerplate clauses like notices, governing law, and assignment

Optional Sections

1. Regulatory Compliance: Required when the finder's activities may fall under financial services regulations or other regulatory frameworks

2. Anti-Money Laundering: Needed for high-value transactions or when dealing with significant financial introductions

3. Exclusivity: Used when the Finder is granted exclusive rights for certain territories or opportunities

4. Insurance: Required when the nature of introductions necessitates professional indemnity or other insurance coverage

5. Data Protection: Necessary when personal data will be processed, particularly for compliance with privacy laws

6. Sub-contractors: Include when the Finder may need to engage other parties to assist with introductions

7. Marketing and Promotion: Required when the Finder needs specific guidelines about how they can market or promote the Principal's business

8. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard court jurisdiction

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of the finder's services and any specific requirements

2. Schedule 2 - Fee Structure: Detailed breakdown of fees, commission rates, and calculation methods

3. Schedule 3 - Territorial Scope: Definition of geographical areas or markets covered by the agreement

4. Schedule 4 - Approved Introduction Methods: List of approved methods and protocols for making introductions

5. Schedule 5 - Reporting Requirements: Templates and requirements for activity reporting

6. Appendix A - Introduction Form: Standard form for documenting introductions

7. Appendix B - Fee Calculation Examples: Examples showing how fees will be calculated in various scenarios

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 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

Mining & Resources

Healthcare

Education

Construction

Retail

Hospitality

Business Services

Investment Banking

Private Equity

Relevant Teams

Legal

Business Development

Sales

Commercial

Finance

Compliance

Operations

Corporate Development

Procurement

Risk Management

Executive Leadership

Relevant Roles

Business Development Manager

Chief Executive Officer

Commercial Director

Legal Counsel

Chief Financial Officer

Business Broker

Partnership Manager

Sales Director

Investment Manager

Managing Director

Corporate Development Manager

Compliance Officer

Chief Operating Officer

Procurement Manager

Business Consultant

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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