Finders Fee Contract Template for Canada

The Finder's Fee Contract is essential in Canadian business transactions where intermediaries facilitate introductions or deals between parties. This document type is commonly used when businesses seek to expand their network, identify potential investors, or connect with strategic partners through third-party facilitators. The agreement must carefully navigate Canadian securities regulations, particularly provincial Securities Acts and National Instrument 31-103, which govern intermediary activities in financial transactions. The contract typically includes detailed provisions on fee structures, qualification criteria for successful introductions, and compliance requirements. It's particularly important in ensuring clear documentation of the relationship between parties and preventing future disputes over commission claims while maintaining compliance with Canadian regulatory requirements.

1. Parties: Identifies and provides full legal details of the principal/client and the finder

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

3. Definitions: Defines key terms used throughout the agreement, including 'Qualified Introduction', 'Target', and 'Success Fee'

4. Scope of Services: Details the specific services the finder will provide, including introduction methods and target criteria

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

6. Term and Termination: Defines the duration of the agreement and circumstances for early termination

7. Confidentiality: Establishes obligations regarding confidential information shared during the engagement

8. Representations and Warranties: States the parties' assertions about their capacity and authority to enter the agreement

9. Regulatory Compliance: Addresses compliance with applicable securities laws and regulations

10. Independent Contractor Status: Clarifies that the finder is an independent contractor, not an employee

11. Governing Law: Specifies that Canadian law governs the agreement and identifies the jurisdiction for disputes

12. Entire Agreement: Confirms that the document represents the complete agreement between parties