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Fee Share Agreement Template for Canada

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Key Requirements PROMPT example:

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."

Document background
A Fee Share Agreement is essential when two or more parties wish to establish a formal arrangement for sharing revenue or fees generated from business activities in Canada. This document is commonly used in professional services, consulting arrangements, referral partnerships, and joint business ventures. The agreement must comply with Canadian federal and provincial regulations, including relevant tax laws, professional regulatory requirements, and competition laws. It typically includes detailed provisions for fee calculation, payment mechanisms, reporting requirements, and dispute resolution procedures. The Fee Share Agreement is particularly important for maintaining transparency and preventing future disputes by clearly documenting the agreed-upon terms of the revenue-sharing arrangement.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

Professional Services

Legal Services

Healthcare

Financial Services

Real Estate

Consulting

Information Technology

Marketing and Advertising

Business Services

Education and Training

Relevant Teams

Legal

Finance

Business Development

Operations

Compliance

Professional Services

Accounting

Revenue Management

Partnership Management

Risk Management

Relevant Roles

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

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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