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Finders Fee Agreement
"I need a standard Finder's Fee Agreement under Indonesian law for my technology company to engage local business developers who will help us find potential clients in Jakarta, with a simple 5% commission structure and 12-month term starting January 2025."
1. Parties: Identification of the Principal and the Finder, including complete legal names, addresses, and company registration details
2. Background: Context of the agreement, business purpose, and brief description of the finder's role
3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Business', and 'Finder's Fee'
4. Scope of Services: Detailed description of the finder's duties, responsibilities, and authorized activities
5. Fee Structure: Clear specification of the finder's fee amount or calculation method, including payment triggers and conditions
6. Payment Terms: Timeline and method of payment, including currency, tax considerations, and payment documentation
7. Term and Termination: Duration of the agreement and conditions for early termination
8. Confidentiality: Obligations regarding confidential information and trade secrets
9. Representations and Warranties: Statements affirming the parties' authority, compliance with laws, and absence of conflicts
10. Limitation of Liability: Boundaries of the finder's responsibility and liability caps
11. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and choice of dispute resolution forum
1. Non-Circumvention: Used when there's a risk of the principal bypassing the finder to directly contact introduced parties
2. Exclusivity: Include when the finder is granted exclusive rights for specific targets or territories
3. Foreign Exchange Provisions: Required when parties are from different countries and payments involve foreign currency
4. Anti-Corruption Compliance: Detailed section needed when dealing with government-related introductions or high-risk sectors
5. Force Majeure: Include when long-term relationships are contemplated or in volatile business environments
6. Data Protection: Required when personal data processing is involved in the finder's activities
7. Insurance Requirements: Include when the finder's activities involve significant risks or regulatory requirements
1. Schedule A - Target Business Profile: Detailed description of the type of businesses or opportunities the finder should pursue
2. Schedule B - Fee Calculation Method: Detailed breakdown of fee structures, including examples and scenarios
3. Schedule C - Reporting Requirements: Templates and timing for progress reports and introduction documentation
4. Appendix 1 - Introduced Party Form: Standard form for documenting new introductions and tracking potential deals
5. Appendix 2 - Compliance Checklist: List of required documentation and compliance steps for each introduction
6. Appendix 3 - Payment Schedule: Detailed timeline of payment milestones and corresponding documentation requirements
Authors
Applicable Law
Business Day
Confidential Information
Effective Date
Exclusivity Period
Finder
Finder's Fee
Force Majeure Event
Intellectual Property Rights
Introduction
Principal
Qualifying Transaction
Successful Introduction
Target Business
Target Criteria
Term
Territory
Transaction
Transaction Value
Affiliate
Business Opportunity
Commission
Completion Date
Due Diligence
Introduced Party
Material Information
Payment Date
Relevant Business
Success Fee
Scope of Services
Exclusivity
Fees and Payments
Payment Terms
Success Criteria
Representations and Warranties
Confidentiality
Non-Circumvention
Term and Termination
Force Majeure
Intellectual Property
Limitation of Liability
Indemnification
Assignment
Notices
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Anti-Corruption
Tax Compliance
Data Protection
Non-Solicitation
Relationship of Parties
Third Party Rights
Compliance with Laws
Record Keeping
Reporting Requirements
Financial Services
Real Estate
Manufacturing
Technology
Mining and Resources
Private Equity
Venture Capital
Import/Export
Professional Services
Construction
Retail
Healthcare
Agriculture
Energy
Legal
Finance
Business Development
Commercial
Compliance
Corporate Development
Strategy
Sales
Mergers & Acquisitions
Tax
Treasury
Business Development Manager
Chief Executive Officer
Commercial Director
Legal Counsel
Chief Financial Officer
Investment Manager
Corporate Development Manager
Mergers & Acquisitions Director
Partnership Manager
Business Broker
Sales Director
Strategy Manager
Financial Controller
Compliance Officer
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