Introduction Fee Agreement Template for Belgium

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Key Requirements PROMPT example:

Introduction Fee Agreement

"I need an Introduction Fee Agreement governed by Belgian law for my management consulting firm that will be paying introducers a 5% fee for successfully connecting us with new corporate clients, with the agreement starting from March 2025."

Document background
The Introduction Fee Agreement is essential in business contexts where parties seek to formalize arrangements for professional introductions and subsequent compensation. This document, governed by Belgian law, is commonly used when an individual or company (the Introducer) agrees to facilitate introductions to potential business partners, investors, or clients for another company (the Client). It becomes particularly relevant in financial services, consulting, and business development contexts where networking and relationships are crucial. The agreement specifies the scope of introductions, defines what constitutes a successful introduction, outlines fee structures, and establishes payment terms while ensuring compliance with Belgian financial regulations and anti-money laundering requirements. It's designed to protect both parties' interests by clearly defining rights, obligations, and compensation mechanisms.
Suggested Sections

1. Parties: Identification and details of the Introducer and the Client

2. Background: Context of the agreement, explaining the Client's need for introductions and Introducer's ability to facilitate such introductions

3. Definitions: Key terms used throughout the agreement including 'Introduction', 'Introduction Fee', 'Successful Transaction', etc.

4. Scope of Services: Detailed description of introduction services to be provided

5. Introduction Fee Structure: Clear explanation of fee calculation method and payment terms

6. Payment Terms: Timing and method of payment, including invoicing procedures

7. Obligations of the Introducer: Introducer's duties, including quality of introductions and disclosure requirements

8. Obligations of the Client: Client's responsibilities, including providing necessary information and maintaining confidentiality

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Confidentiality: Protection of confidential information exchanged during the introduction process

11. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes

Optional Sections

1. Non-Circumvention: Used when there's a risk of the client bypassing the introducer to avoid fees

2. Exclusivity: Include when the introducer has exclusive rights for specific introductions

3. Force Majeure: Include for longer-term arrangements to address unforeseen circumstances

4. Data Protection: Required when personal data processing is significant part of the introduction process

5. Professional Indemnity: Include when introducer provides additional advisory services beyond basic introductions

6. Non-Solicitation: Used when there's risk of either party poaching employees or contacts

7. Limitation of Liability: Include when the introduction involves high-value transactions or significant risks

Suggested Schedules

1. Fee Schedule: Detailed breakdown of fee structures, including any sliding scales or success fees

2. Target Introduction Criteria: Specific criteria for suitable introductions and target profiles

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

4. Excluded Parties List: List of entities or individuals excluded from the scope of the agreement

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

Relevant Industries

Financial Services

Professional Services

Management Consulting

Real Estate

Investment Banking

Private Equity

Venture Capital

Business Services

Recruitment

Mergers & Acquisitions

Relevant Teams

Legal

Finance

Business Development

Corporate Development

Partnerships

Commercial

Compliance

Operations

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Corporate Development Director

Investment Manager

Managing Director

Partner

Business Broker

Legal Counsel

Relationship Manager

Head of Partnerships

Commercial Director

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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