Introductory Fee Agreement Template for India

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Key Requirements PROMPT example:

Introductory Fee Agreement

"I need an Introductory Fee Agreement for my technology consulting firm to act as an exclusive introducer for a software company in the Indian market, with a fixed monthly retainer of INR 50,000 plus 5% commission on successful deals, starting March 2025."

What is a Introductory Fee Agreement?

The Introductory Fee Agreement is essential for businesses and professionals in India who facilitate valuable connections and introductions in return for compensation. This document is particularly relevant when one party (the Introducer) has access to a valuable network or specific business opportunities that could benefit another party (the Client). The agreement establishes clear parameters for when fees become payable, typically upon successful completion of a transaction or establishment of a business relationship resulting from the introduction. It incorporates necessary provisions to comply with Indian law, including GST requirements and TDS obligations, while protecting both parties' interests through confidentiality and non-circumvention clauses. The document is structured to accommodate various types of introductions, from business partnerships to investment opportunities, making it versatile across different industries and transaction types.

What sections should be included in a Introductory Fee Agreement?

1. Parties: Identification of the introducer and the client, including full legal names, addresses, and company registration details where applicable

2. Background: Context of the agreement, explaining the client's needs and introducer's services

3. Definitions: Definitions of key terms used in the agreement, including 'Introduction', 'Target', 'Success Fee', etc.

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

5. Fee Structure: Details of introduction fees, including calculation method, payment terms, and GST implications

6. Payment Terms: Timeline for payments, invoicing process, and applicable tax deductions including TDS

7. Obligations of the Introducer: Introducer's duties, responsibilities, and service standards

8. Obligations of the Client: Client's duties, including providing necessary information and cooperation

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

10. Confidentiality: Provisions for handling confidential information shared during the introduction process

11. Representations and Warranties: Standard warranties about capacity to contract and service quality

12. Limitation of Liability: Caps on liability and exclusions

13. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments

What sections are optional to include in a Introductory Fee Agreement?

1. Non-Circumvention: Used when there's a risk of the client bypassing the introducer to directly contact targets

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

3. Success Fee Criteria: Detailed criteria for when success fees become payable, used in complex transaction scenarios

4. Force Majeure: Include when long-term introduction rights are granted or for ongoing introduction services

5. Dispute Resolution: Alternative dispute resolution procedures, recommended for high-value introduction arrangements

6. Non-Solicitation: Include when there's risk of poaching staff or business opportunities

7. Data Protection: Required when personal data will be shared as part of the introduction process

What schedules should be included in a Introductory Fee Agreement?

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

2. Target Profile: Description of the ideal target companies or individuals for introduction

3. Services Description: Detailed scope of introduction services and any additional support services

4. Excluded Targets: List of companies or individuals excluded from the introduction arrangement

5. Required Information: Template or list of information required from the client to facilitate introductions

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

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Relevant Industries

Financial Services

Professional Services

Technology

Real Estate

Manufacturing

Healthcare

Education

Consulting

Investment Banking

Private Equity

Mergers & Acquisitions

Business Services

Industrial

Retail

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Commercial

Strategy

Mergers & Acquisitions

Partnerships

Operations

Compliance

Relevant Roles

Business Development Manager

Chief Executive Officer

Managing Director

Corporate Development Director

Partnership Manager

Investment Director

Business Broker

Chief Financial Officer

Legal Counsel

Commercial Director

Head of Strategy

Merger & Acquisition Director

Business Consultant

Relationship Manager

Chief Operating Officer

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

Find the exact document you need

Introductory Fee Agreement

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Introduction Fee Agreement

An Indian law-governed agreement outlining terms for paying fees for successful business introductions, including service scope, payment terms, and confidentiality provisions.

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