Finder's Fee Consulting Agreement Template for Belgium

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Key Requirements PROMPT example:

Finder's Fee Consulting Agreement

"I need a Finder's Fee Consulting Agreement under Belgian law for our tech company to engage a consultant who will help us identify potential acquisition targets in the Benelux region, with a success fee of 2% of transaction value and a 12-month term starting March 2025."

Document background
The Finder's Fee Consulting Agreement is essential for businesses seeking to formalize relationships with intermediaries who identify and introduce valuable business opportunities. This document type is particularly relevant in the Belgian business context, where clear documentation of commercial relationships and fee arrangements is crucial for tax and regulatory compliance. The agreement specifies the conditions under which a finder's fee becomes payable, defines what constitutes a successful introduction, and outlines the rights and obligations of both parties. It's commonly used in scenarios involving mergers and acquisitions, investment opportunities, business partnerships, or significant commercial transactions where introductions play a vital role. The document ensures compliance with Belgian civil and commercial law while providing clarity on fee structures, payment timing, and the scope of the finder's services.
Suggested Sections

1. Parties: Identification of the Principal (client) and the Finder/Consultant, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, explaining the Principal's business needs and Finder's services

3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', 'Finder's Fee', and 'Qualifying Transaction'

4. Scope of Services: Detailed description of the finder's services, including identification and introduction of potential business opportunities

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

6. Finder's Fee Structure: Detailed explanation of how and when fees are calculated and payable

7. Payment Terms: Terms and conditions for payment, including invoicing requirements and payment deadlines

8. Exclusivity: Whether the finder has exclusive rights for specific targets or territories

9. Confidentiality: Obligations regarding confidential information received during the engagement

10. Representations and Warranties: Basic warranties about capacity to contract and service delivery

11. Limitation of Liability: Caps on liability and exclusions of certain types of damages

12. Governing Law and Jurisdiction: Confirmation of Belgian law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Circumvention: Used when there's a risk of the principal bypassing the finder to avoid paying fees

2. Regulatory Compliance: Include when the finder's activities might fall under specific regulatory frameworks

3. Force Majeure: Optional clause for unforeseen circumstances preventing performance

4. Data Protection: Include when personal data will be processed as part of the services

5. Non-Solicitation: Used when there's a risk of either party poaching the other's employees or clients

6. Insurance: Include when specific insurance coverage is required for the services

7. Audit Rights: Used in cases where verification of introduced opportunities may be necessary

Suggested Schedules

1. Schedule 1 - Fee Calculation: Detailed breakdown of fee structures, including percentages and calculation methods

2. Schedule 2 - Target Business Profile: Specific criteria and parameters for suitable target businesses

3. Schedule 3 - Excluded Targets: List of businesses or opportunities already known to the Principal

4. Appendix A - Introduction Protocol: Agreed process for making and documenting introductions

5. Appendix B - Reporting Requirements: Format and frequency of progress reports if required

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

Clauses
Relevant Industries

Financial Services

Business Consulting

Real Estate

Mergers & Acquisitions

Private Equity

Investment Banking

Corporate Development

Business Development

Professional Services

Technology

Manufacturing

Industrial

Relevant Teams

Legal

Finance

Business Development

Corporate Development

Mergers & Acquisitions

Strategy

Commercial

Executive Leadership

Treasury

Risk Management

Relevant Roles

Business Development Manager

Corporate Development Director

M&A Director

Chief Executive Officer

Chief Financial Officer

Investment Manager

Business Consultant

Commercial Director

Legal Counsel

Corporate Lawyer

Finance Director

Business Broker

Strategy Manager

Partnership Manager

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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