Finders Fee Consulting Agreement Template for Philippines

The Finder's Fee Consulting Agreement is a crucial document used when a company seeks to engage an individual or entity to identify and facilitate valuable business connections or opportunities. This agreement type is particularly important in the Philippine business context, where relationship-based business practices are common and formal documentation of intermediary arrangements is essential for legal certainty. The document outlines the scope of the finder's services, fee structures, and payment triggers, while ensuring compliance with Philippine regulations regarding business intermediaries, anti-corruption laws, and securities regulations. It includes specific provisions addressing confidentiality, non-circumvention, and dispute resolution, tailored to Philippine legal requirements. The agreement is commonly used in various scenarios including capital raising, merger and acquisition opportunities, business partnerships, and significant commercial transactions.

1. Parties: Identifies and defines the parties to the agreement - typically the Company (seeking the introduction) and the Finder/Consultant

2. Background: Explains the context of the agreement, including the Company's desire to identify potential business opportunities and the Finder's capability to make introductions

3. Definitions: Defines key terms used throughout the agreement, including 'Successful Introduction', 'Target', 'Finder's Fee', and 'Qualifying Transaction'

4. Appointment and Scope of Services: Details the engagement of the Finder and specifies the exact services to be provided

5. Finder's Obligations: Lists the specific duties and responsibilities of the Finder, including reporting requirements and professional conduct

6. Company's Obligations: Outlines the Company's responsibilities, including providing necessary information and cooperating with the Finder

7. Fees and Payment Terms: Specifies the finder's fee structure, calculation method, payment timing, and any conditions precedent

8. Term and Termination: Defines the duration of the agreement and circumstances under which it can be terminated

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

10. Non-Circumvention: Prevents the Company from bypassing the Finder to avoid paying fees

11. Representations and Warranties: Contains standard declarations about each party's capacity and authority to enter into the agreement

12. Limitation of Liability: Sets boundaries on the Finder's liability and includes appropriate disclaimers

13. General Provisions: Contains standard boilerplate clauses including governing law, notices, assignment, and entire agreement