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Fee Share Agreement
"I need a Fee Share Agreement for a consulting partnership between my technology consulting firm and a software development company, with a 60-40 split of project revenues and quarterly reconciliation periods, starting from March 1, 2025."
1. Parties: Identification of all parties entering into the fee sharing arrangement
2. Background: Context of the agreement and the business relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Fee Sharing Structure: Core terms defining the fee sharing arrangement, including percentages or fixed amounts
5. Calculation Methodology: Detailed explanation of how fees will be calculated and allocated
6. Payment Terms: Timing and method of fee payments, including invoicing procedures
7. Obligations of the Parties: Specific responsibilities and duties of each party
8. Record Keeping and Audit Rights: Requirements for maintaining financial records and rights to audit
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Confidentiality: Provisions for protecting confidential information
11. Dispute Resolution: Process for resolving disagreements between parties
12. General Provisions: Standard boilerplate clauses including governing law, notices, and amendments
1. Regulatory Compliance: Specific provisions required for regulated industries or professions
2. Intellectual Property: Terms regarding ownership and use of intellectual property when relevant to the fee sharing arrangement
3. Non-Competition: Restrictions on competitive activities if applicable
4. Insurance Requirements: Specific insurance obligations of the parties if needed
5. Tax Considerations: Specific tax-related provisions and responsibilities
6. Service Level Requirements: Performance standards and metrics if the fee sharing is tied to service delivery
7. Marketing and Branding: Terms regarding joint marketing or brand usage if relevant
1. Schedule A - Fee Calculation Examples: Detailed examples showing how fees will be calculated in various scenarios
2. Schedule B - Payment Procedures: Step-by-step procedures for payment processing and reconciliation
3. Schedule C - Reporting Template: Standard format for regular financial reporting between parties
4. Schedule D - Service Categories: Detailed breakdown of services covered under the agreement if applicable
5. Schedule E - Compliance Requirements: Specific regulatory or professional compliance requirements if applicable
6. Appendix 1 - Contact Information: List of key contacts and their roles for both parties
7. Appendix 2 - Bank Account Details: Banking information for fee transfers
Authors
Professional Services
Legal Services
Healthcare
Financial Services
Real Estate
Consulting
Information Technology
Marketing and Advertising
Business Services
Education and Training
Legal
Finance
Business Development
Operations
Compliance
Professional Services
Accounting
Revenue Management
Partnership Management
Risk Management
Managing Partner
Chief Financial Officer
Business Development Manager
Professional Services Director
Finance Director
Legal Counsel
Compliance Officer
Partnership Manager
Operations Director
Account Executive
Practice Manager
Revenue Manager
Business Manager
Professional Associate
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