Document background
The Introduction Fee Agreement is a crucial document for businesses and professionals operating in Ireland who provide or receive introduction and referral services. This agreement type is commonly used when one party agrees to facilitate introductions to potential clients, investors, or business partners in exchange for a fee. The document typically includes detailed provisions about what constitutes a qualifying introduction, success criteria, fee calculations, and payment terms. It needs to comply with Irish contract law and relevant EU regulations, particularly regarding commercial agency, payment services, and data protection. The agreement is essential for protecting the introducer's right to compensation while providing the client with clear parameters for when fees become payable. It's particularly relevant in financial services, professional services, and business development contexts where networking and introductions form a significant part of business generation.
