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Finders Fee Agreement Template for Netherlands

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Key Requirements PROMPT example:

Finders Fee Agreement

"I need a Finder's Fee Agreement under Dutch law for our technology company that will pay 2% commission to independent consultants who successfully introduce potential acquisition targets in the Benelux software sector, with the agreement starting January 2025."

Document background
The Finder's Fee Agreement is essential for businesses operating in the Netherlands who wish to formalize arrangements with intermediaries who can facilitate valuable business connections or opportunities. This document is commonly used when companies seek to expand their business network, identify potential acquisition targets, or secure new business opportunities through third-party introductions. The agreement ensures compliance with Dutch legal requirements, including the Civil Code and Financial Supervision Act, while protecting both parties' interests. It clearly defines what constitutes a successful introduction, establishes the fee structure, and includes necessary compliance provisions for data protection and anti-money laundering regulations. The document is particularly important in regulated industries where clear documentation of intermediary relationships is required.
Suggested Sections

1. Parties: Identifies the contracting parties: the principal and the finder

2. Background: Explains the context and purpose of the agreement, including the principal's business and need for finder's services

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Details the specific services to be provided by the finder, including target descriptions and introduction requirements

5. Finder's Fee Structure: Specifies the fee calculation method, payment terms, and conditions for fee eligibility

6. Payment Terms: Details the timing and method of payment, including any verification procedures

7. Obligations of the Finder: Lists the finder's duties, responsibilities, and standard of conduct

8. Obligations of the Principal: Outlines the principal's responsibilities and cooperation requirements

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

10. Confidentiality: Addresses the handling of confidential information

11. Data Protection: Ensures compliance with GDPR and other privacy regulations

12. Non-Circumvention: Prevents parties from bypassing the finder to avoid payment

13. Governing Law and Jurisdiction: Specifies Dutch law as governing law and sets jurisdiction for disputes

14. General Provisions: Includes standard legal clauses like severability, entire agreement, and amendments

Optional Sections

1. Exclusivity: Used when the finder is granted exclusive rights for specific targets or territories

2. Success Criteria: Detailed metrics for determining successful introductions, used in complex arrangements

3. Compliance with Financial Regulations: Required when the finder's activities may fall under financial services regulations

4. International Provisions: Added when the agreement involves cross-border activities

5. Non-Compete: Restricts finder from working with competitors, if applicable

6. Force Majeure: Addresses unforeseeable circumstances, particularly relevant in long-term arrangements

7. Insurance Requirements: Specifies required insurance coverage for higher-risk arrangements

8. Dispute Resolution: Alternative dispute resolution procedures, if preferred over court proceedings

Suggested Schedules

1. Schedule A - Fee Structure: Detailed breakdown of fee calculations, tiers, and special circumstances

2. Schedule B - Target Description: Specific criteria and descriptions of desired introduction targets

3. Schedule C - Reporting Template: Standard format for reporting introductions and tracking progress

4. Schedule D - Compliance Checklist: List of required compliance measures and documentation

5. Appendix 1 - Contact Details: Key contact information for both parties

6. Appendix 2 - Excluded Targets: List of entities excluded from the finder's fee arrangement

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


































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Relevant Industries

Financial Services

Real Estate

Private Equity

Venture Capital

Professional Services

Technology

Manufacturing

Healthcare

Energy

Telecommunications

Mergers & Acquisitions

Business Consulting

Relevant Teams

Legal

Finance

Business Development

Compliance

Corporate Development

Strategy

Commercial

Operations

Risk Management

Mergers & Acquisitions

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Compliance Officer

Corporate Development Director

Investment Manager

M&A Director

Business Broker

Commercial Director

Finance Director

Head of Strategy

Managing Partner

Business Development Executive

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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