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Contingency Agreement
"I need a Contingency Agreement for my law firm to represent a client in a commercial dispute, where our fees will be 20% of any amount recovered through settlement or court judgment, with the agreement starting March 1, 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Services: Detailed description of the services to be provided under the agreement
5. Contingency Conditions: Clear specification of the conditions or events that trigger the payment obligations
6. Payment Terms: Structure of contingency fees, calculation methods, and payment timing
7. Obligations of Service Provider: Detailed responsibilities and commitments of the party providing the services
8. Client Obligations: Responsibilities and commitments of the client
9. Term and Termination: Duration of the agreement and circumstances for early termination
10. Confidentiality: Provisions regarding confidential information handling
11. Liability and Indemnification: Allocation of risks and responsibilities between parties
12. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction for disputes
13. General Provisions: Standard clauses including severability, entire agreement, and amendments
1. Success Criteria: Detailed metrics for measuring success, used when objective measurement criteria are needed
2. Milestone Payments: Include when partial payments are tied to specific achievements or stages
3. Third Party Rights: Required when the agreement impacts or involves third parties
4. Insurance Requirements: Necessary when specific insurance coverage is required for the services
5. Dispute Resolution: Alternative dispute resolution procedures, if preferred over standard court proceedings
6. Non-Competition: Include when restricting parties from competing activities
7. Force Majeure: Include when specific events beyond control should excuse performance
8. Data Protection: Required when personal data processing is involved in the services
1. Fee Calculation Schedule: Detailed methodology for calculating contingency fees
2. Service Specifications: Detailed description of services and deliverables
3. Success Metrics: Specific criteria and measurements for determining success
4. Required Documentation: List of documents required for proving achievement of contingency conditions
5. Key Personnel: Details of key team members involved in providing the services
6. Timeline: Expected timeline for services and key milestones
Authors
Services
Contingency Fee
Success Event
Effective Date
Client
Service Provider
Success Criteria
Trigger Event
Payment Date
Base Amount
Calculation Period
Confidential Information
Deliverables
Force Majeure Event
Intellectual Property Rights
Key Personnel
Milestone
Performance Metrics
Professional Standards
Related Services
Success Fee
Target Outcome
Term
Termination Date
Working Day
Applicable Law
Client Materials
Documentation
Project Plan
Quality Standards
Recovery Amount
Service Level
Success Rate
Territory
Interpretation
Services Scope
Success Criteria
Contingency Conditions
Payment Terms
Fee Calculation
Performance Standards
Service Provider Obligations
Client Obligations
Representations and Warranties
Confidentiality
Intellectual Property
Data Protection
Liability
Indemnification
Insurance
Term and Duration
Termination
Force Majeure
Assignment
Subcontracting
Notice
Amendments
Severability
Entire Agreement
Waiver
Third Party Rights
Governing Law
Jurisdiction
Dispute Resolution
Compliance with Laws
Record Keeping
Audit Rights
Non-Competition
Non-Solicitation
Legal Services
Financial Services
Management Consulting
Real Estate
Investment Banking
Debt Collection
Sales and Marketing
Business Development
Insurance
Commercial Brokerage
Mergers and Acquisitions
Private Equity
Legal
Business Development
Commercial
Sales
Finance
Compliance
Risk Management
Operations
Professional Services
Contract Management
Legal Counsel
Business Development Manager
Commercial Director
Contract Manager
Sales Director
Investment Advisor
Managing Partner
Chief Financial Officer
Business Consultant
Compliance Officer
Risk Manager
Operations Director
Professional Services Manager
Account Executive
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