Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Success Fee Agreement
"I need a Success Fee Agreement for my management consulting firm providing operational improvement services to a manufacturing company, where the success fee will be based on documented cost savings achieved over a 12-month period starting March 2025."
1. Parties: Identification of the service provider and client, including full legal names and addresses
2. Background: Context of the agreement, including the purpose and general scope of services
3. Definitions: Key terms used throughout the agreement, including 'Success Event', 'Success Fee', 'Services'
4. Scope of Services: Detailed description of services to be provided by the service provider
5. Success Criteria: Clear definition of what constitutes a 'Success Event' triggering the fee
6. Fee Structure: Calculation methodology and payment terms for the success fee
7. Payment Terms: Timing, method, and conditions for success fee payments
8. Service Provider's Obligations: Specific duties, responsibilities, and standard of service
9. Client's Obligations: Client's responsibilities, including providing necessary information and cooperation
10. Representations and Warranties: Standard assertions about capacity and authority to enter agreement
11. Term and Termination: Duration of agreement and circumstances for early termination
12. Confidentiality: Protection of confidential information exchanged during the engagement
13. Governing Law and Jurisdiction: Applicable law and courts for dispute resolution
14. General Provisions: Standard boilerplate clauses including notices, amendments, assignment
1. Exclusivity: Used when service provider requires exclusive rights to provide the services
2. Tail Period: Include when success fee rights extend beyond termination date
3. Alternative Fee Arrangements: Used when providing for alternative payment structures if success criteria aren't met
4. Regulatory Compliance: Required for regulated industries or when dealing with specific regulatory requirements
5. Insurance Requirements: Include when specific insurance coverage is required for the services
6. Non-Circumvention: Used to prevent client from avoiding success fee payment through alternative arrangements
7. Force Majeure: Include when external events could impact achievement of success criteria
8. Data Protection: Required when personal data processing is involved in the services
1. Schedule A - Success Criteria Details: Detailed metrics, thresholds, and conditions that constitute success
2. Schedule B - Fee Calculation Methodology: Detailed formula and examples for calculating the success fee
3. Schedule C - Excluded Events/Transactions: List of specific events or transactions that don't trigger the success fee
4. Schedule D - Required Information and Documentation: List of documents/information needed to verify success events
5. Schedule E - Key Personnel: List of key team members involved in providing the services
6. Appendix 1 - Payment Examples: Illustrative examples of how success fee calculations work in different scenarios
Authors
Financial Services
Professional Services
Investment Banking
Private Equity
Real Estate
Technology
Healthcare
Manufacturing
Energy
Telecommunications
Business Services
Consulting
Mergers & Acquisitions
Legal
Finance
Corporate Development
Business Development
Procurement
Strategy
Operations
Mergers & Acquisitions
Advisory
Risk Management
Compliance
Chief Executive Officer
Chief Financial Officer
Head of Business Development
General Counsel
Corporate Development Director
Investment Banking Director
Managing Director
Business Development Manager
Financial Advisory Director
Management Consultant
Partner
Vice President of Strategy
Chief Operating Officer
Procurement Manager
Contract Manager
Find the exact document you need
Retainer And Contingency Fee Agreement
A U.S. legal agreement establishing attorney representation terms, combining retainer payment and contingency fees.
Success Fee Agreement
A US-governed agreement establishing performance-based compensation terms where payment is contingent upon achieving specific client objectives.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.