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Finder Fee Agreement For Sales Leads

Finder Fee Agreement For Sales Leads Template for Austria

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Key Requirements PROMPT example:

Finder Fee Agreement For Sales Leads

"I need a Finder Fee Agreement For Sales Leads under Austrian law for my SaaS company, focusing on B2B lead generation across EU markets, with strict GDPR compliance and a tiered commission structure starting January 2025."

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Document background
The Finder Fee Agreement For Sales Leads is a critical document for businesses operating in Austria seeking to expand their customer base through external lead generation partners. This agreement type is particularly relevant in today's digital business environment where companies increasingly rely on specialized partners to identify potential customers. The document comprehensively addresses the relationship between a Principal company and a Finder, detailing the process for lead qualification, compensation structures, and compliance with Austrian commercial law and GDPR requirements. It's designed to protect both parties' interests while ensuring clear performance metrics and payment terms, making it essential for businesses engaging in structured lead generation programs within the Austrian market.
Suggested Sections

1. Parties: Identification of the Principal and the Finder, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, explaining the Principal's business and need for sales leads

3. Definitions: Key terms used in the agreement, including 'Qualified Lead', 'Success Fee', 'Territory', and 'Target Customer'

4. Appointment and Scope: Terms of the Finder's appointment, including exclusivity/non-exclusivity and territorial scope

5. Finder's Services and Obligations: Detailed description of services to be provided, including lead qualification criteria and reporting requirements

6. Lead Qualification Process: Process for submitting leads and criteria for determining qualified leads

7. Compensation Terms: Structure of finder's fees, payment triggers, calculation methods, and payment terms

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Data Protection: GDPR compliance requirements and data handling procedures

11. Non-Solicitation: Restrictions on soliciting employees or customers

12. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes

Optional Sections

1. Exclusivity Provisions: Used when the Finder is granted exclusive rights in specific territories or industries

2. Minimum Performance Requirements: Include when setting specific performance targets or minimum lead quotas

3. Training and Support: Required when the Principal provides specific training or resources to the Finder

4. Insurance Requirements: Include when the Finder needs to maintain specific insurance coverage

5. Audit Rights: Used in cases where verification of lead sources or tracking is important

6. Sub-contractor Rights: Include when the Finder may need to engage sub-contractors

7. Post-Termination Obligations: Used when specific obligations survive agreement termination

8. Marketing Guidelines: Include when the Finder will represent the Principal's brand

Suggested Schedules

1. Schedule 1 - Lead Qualification Criteria: Detailed criteria for qualifying leads, including target customer profiles

2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates, tiers, and calculation examples

3. Schedule 3 - Reporting Templates: Standard forms for lead submission and reporting

4. Schedule 4 - Territories: Detailed description of geographical or industry sectors covered

5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and procedures

6. Appendix A - Principal's Products/Services: Description of products or services for which leads are sought

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Information Technology

Professional Services

Financial Services

Real Estate

Manufacturing

Healthcare

Telecommunications

Construction

Education

Consulting

Retail

Software as a Service

Industrial Equipment

Business Services

Relevant Teams

Legal

Sales

Business Development

Compliance

Finance

Operations

Partner Relations

Commercial

Revenue Operations

Contract Administration

Relevant Roles

Business Development Manager

Sales Director

Legal Counsel

Compliance Officer

Chief Revenue Officer

Partnership Manager

Channel Sales Manager

Lead Generation Specialist

Sales Operations Manager

Contract Administrator

Chief Commercial Officer

Business Growth Manager

Account Executive

Sales Strategy Director

Partner Success Manager

Industries
Austrian Commercial Code (Unternehmensgesetzbuch - UGB): Primary legislation governing commercial relationships and contracts between businesses in Austria, particularly relevant for the basic contractual framework and commercial obligations
Commercial Agents Law (Handelsvertretergesetz): While not directly applicable to all finder's fee agreements, this law provides important guidance on commission-based business relationships and can be referenced for structuring compensation terms
Austrian Civil Code (Allgemeines Bürgerliches Gesetzbuch - ABGB): Provides the fundamental principles of contract law, including formation, performance, and termination of contracts
Austrian Consumer Protection Act (Konsumentenschutzgesetz - KSchG): Applicable if one party is acting as a consumer rather than in a business capacity, providing additional protections and requirements
General Data Protection Regulation (GDPR/DSGVO): Essential for regulating the handling and sharing of personal data in sales leads, including requirements for data processing agreements and data protection measures
Austrian Income Tax Act (Einkommensteuergesetz - EStG): Governs the tax treatment of finder's fees and commission payments, including reporting obligations and withholding requirements
Austrian Anti-Corruption Laws (Korruptionsstrafrecht): Relevant for ensuring the finder's fee arrangement doesn't violate anti-bribery provisions, particularly in B2B and B2G contexts
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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