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Success Fee Contract Template for Germany

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Key Requirements PROMPT example:

Success Fee Contract

"I need a Success Fee Contract for my management consulting services, where the success fee is tied to achieving €2M in cost savings for my client by December 2025, with a base retainer plus 15% of achieved savings as the success fee."

Document background
This Success Fee Contract template is designed for use in professional service arrangements under German law where compensation is tied to specific performance outcomes or achievements. It is particularly relevant for consulting, advisory, and professional service relationships where the service provider's compensation is partially or fully dependent on achieving predetermined results. The document includes essential provisions required by German law, including clear success criteria, calculation methods, and verification procedures. It addresses the specific requirements of German legislation regarding success fees, particularly relevant sections of the BGB (German Civil Code) and, where applicable, the RVG (Legal Services Remuneration Act). This type of agreement is commonly used in business consulting, M&A transactions, real estate deals, and other professional service contexts where outcome-based compensation is appropriate and legally permissible.
Suggested Sections

1. Parties: Identification of the service provider and client, including full legal names and addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Key terms used in the agreement, particularly defining 'Success' and related measurement criteria

4. Scope of Services: Detailed description of services to be provided by the service provider

5. Success Criteria: Clear definition of what constitutes success and how it will be measured/verified

6. Fee Structure: Detailed explanation of the success fee calculation method, including base fees if applicable

7. Payment Terms: Timing and method of payment, including verification process for success criteria

8. Service Provider's Obligations: Detailed responsibilities and commitments of the service provider

9. Client's Obligations: Specific duties and responsibilities of the client, including cooperation requirements

10. Term and Termination: Duration of the agreement and conditions for termination

11. Confidentiality: Provisions regarding confidential information handling

12. Governing Law: Specification of German law as governing law and jurisdiction

Optional Sections

1. Interim Payments: Used when the contract includes milestone-based partial payments

2. Performance Guarantees: Include when specific performance levels need to be guaranteed

3. Intellectual Property Rights: Required when services involve creation or use of intellectual property

4. Non-Competition: Include when restricting service provider from working with competitors

5. Force Majeure: Optional clause for circumstances preventing success achievement

6. Data Protection: Required when personal data processing is involved

7. Insurance: Include when specific insurance coverage is required

8. Assignment: Include when transfer of rights needs to be restricted

Suggested Schedules

1. Schedule 1 - Service Description: Detailed specification of services to be provided

2. Schedule 2 - Success Metrics: Detailed criteria and calculation methods for determining success

3. Schedule 3 - Fee Calculation: Detailed formula and examples of fee calculations

4. Schedule 4 - Timeline: Project timeline and key milestones if applicable

5. Schedule 5 - Reporting Requirements: Format and frequency of progress reports and success verification

6. Appendix A - Required Documentation: List of documents required for success verification

7. Appendix B - Contact Persons: List of key contacts for both parties

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

Management Consulting

Legal Services

Investment Advisory

Real Estate

Business Development

Mergers & Acquisitions

Project Management

Financial Services

Executive Search

Business Consulting

Corporate Finance

Relevant Teams

Legal

Finance

Procurement

Business Development

Compliance

Risk Management

Operations

Commercial

Project Management

Corporate Development

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Consultant

Managing Director

Chief Financial Officer

Project Manager

Investment Advisor

Business Advisor

Procurement Manager

Risk Manager

Compliance Officer

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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