Finders Fee Contract Template for Singapore

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Key Requirements PROMPT example:

Finders Fee Contract

"I need a Finder's Fee Contract for my Singapore-based technology company to engage an independent consultant who will help us find potential investors in the ASEAN region, with a success fee of 2% for introductions that result in investments above $1 million."

What is a Finders Fee Contract?

The Finder's Fee Contract is essential for businesses operating in Singapore's dynamic commercial environment where professional intermediaries play a crucial role in facilitating business connections. This document establishes clear parameters for compensation related to successful introductions, while ensuring compliance with Singapore's regulatory framework, including the Securities and Futures Act and Financial Advisers Act where applicable. The contract typically includes detailed provisions on fee structures, success criteria, confidentiality obligations, and compliance requirements, making it particularly relevant for financial services and business development activities in Singapore's sophisticated market.

What sections should be included in a Finders Fee Contract?

1. Parties: Identification of the principal and finder with full legal names and addresses

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Key terms used throughout the agreement including 'Successful Introduction', 'Target Business', and 'Fee'

4. Scope of Services: Detailed description of finder's duties, permitted activities, and what constitutes a successful introduction

5. Fee Structure: Payment terms, calculation method, timing of payments, and conditions for fee eligibility

6. Term and Termination: Duration of agreement, termination provisions, and post-termination obligations

7. Confidentiality: Protection of confidential information and trade secrets, including client information

8. Representations and Warranties: Statements regarding finder's capacity, compliance with laws, and authority to act

9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for dispute resolution

What sections are optional to include in a Finders Fee Contract?

1. Non-Compete: Restrictions on finder's activities with competitors, typically used when protecting against competitive activities is important

2. Regulatory Compliance: Specific compliance obligations under Singapore law, particularly relevant when finder's activities may touch regulated areas

3. Insurance: Required insurance coverage provisions, used when significant liability risks exist

4. International Provisions: Cross-border considerations and compliance requirements, included when parties are in different jurisdictions

5. Data Protection: Specific obligations under PDPA for handling personal data, included when personal information will be processed

What schedules should be included in a Finders Fee Contract?

1. Fee Schedule: Detailed breakdown of fee calculations, payment tiers, and example calculations

2. Target Client Profile: Description of ideal clients or opportunities that the finder should pursue

3. Compliance Guidelines: Specific procedures and requirements for regulatory compliance under Singapore law

4. Reporting Templates: Standard forms for activity reporting and fee claims

5. Excluded Parties List: List of entities or individuals excluded from the scope of the finder's agreement

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Real Estate
Private Equity
Professional Services
Technology

Relevant Teams

Business Development
Legal
Finance
Compliance
Operations

Relevant Roles

Business Development Manager
Investment Consultant
Independent Broker
Referral Partner
Deal Originator

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No Win No Fee Agreement

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Let's create your Finders Fee Contract

What is a Finders Fee Contract?

What sections should be included in a Finders Fee Contract?

What sections are optional to include in a Finders Fee Contract?

What schedules should be included in a Finders Fee Contract?

Authors

Alex Denne

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