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Finders Fee Agreement for Belgium

Finders Fee Agreement Template for Belgium

A Finder's Fee Agreement under Belgian law is a legally binding contract that establishes the terms and conditions under which a finder will be compensated for successfully introducing business opportunities, potential clients, or strategic partners to the principal. The document, governed by Belgian civil and commercial law, outlines the scope of services, success criteria, compensation structure, and payment terms while ensuring compliance with Belgian regulatory requirements, including anti-corruption laws and commercial agency regulations. It includes specific provisions for confidentiality, non-circumvention, and dispute resolution under Belgian jurisdiction.

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What is a Finders Fee Agreement?

The Finder's Fee Agreement is essential in business contexts where companies seek to leverage external networks for growth opportunities, acquisitions, or strategic partnerships. This document, governed by Belgian law, formalizes the relationship between a principal and a finder who facilitates valuable business introductions. It defines what constitutes a successful introduction, establishes clear compensation mechanisms, and protects both parties' interests through carefully crafted provisions. The agreement ensures compliance with Belgian commercial law, tax regulations, and anti-corruption requirements while providing clarity on payment triggers and dispute resolution. This type of contract is particularly important in maintaining transparency and avoiding future disputes over commission claims or introduction credits.

What sections should be included in a Finders Fee Agreement?

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

2. Background: Context of the agreement, including the principal's business and the purpose of engaging the finder

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

4. Appointment and Scope: Details of the finder's appointment and specific services to be provided

5. Success Criteria: Clear definition of what constitutes a successful introduction triggering fee payment

6. Fee Structure and Payment Terms: Details of finder's fee calculation, payment timing, and conditions

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

8. Confidentiality: Obligations regarding confidential information and trade secrets

9. Non-Solicitation: Restrictions on soliciting employees or clients

10. Representations and Warranties: Standard warranties about capacity to contract and regulatory compliance

11. Limitation of Liability: Caps on liability and exclusions of certain types of damages

12. General Provisions: Standard boilerplate including notices, amendments, governing law, etc.

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

1. Exclusivity: Used when the finder has exclusive rights for certain targets or territories

2. Regulatory Compliance: Required when the finder's activities may fall under specific regulatory frameworks

3. Anti-Corruption Compliance: Important when dealing with international transactions or public sector entities

4. Data Protection: Required when personal data will be processed as part of the finder's activities

5. Non-Circumvention: Used to prevent the principal from bypassing the finder to avoid fees

6. Force Majeure: Added when parties want specific provisions for unforeseeable circumstances

7. Assignment Rights: Used when either party may need to transfer rights under the agreement

What schedules should be included in a Finders Fee Agreement?

1. Schedule 1 - Fee Calculation: Detailed breakdown of fee structure, including percentages and calculation methods

2. Schedule 2 - Target Profile: Specific criteria and characteristics of target businesses or opportunities

3. Schedule 3 - Excluded Targets: List of entities or opportunities explicitly excluded from the agreement

4. Schedule 4 - Reporting Requirements: Format and frequency of progress reports if required

5. Appendix A - Introduction Protocol: Specific procedures for making and documenting introductions

6. Appendix B - Compliance Requirements: Detailed compliance obligations and procedures if applicable

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

Jurisdiction

Belgium

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions

























Clauses




























Relevant Industries

Financial Services

Real Estate

Mergers & Acquisitions

Private Equity

Venture Capital

Professional Services

Manufacturing

Technology

Healthcare

Energy

Construction

Telecommunications

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Strategy

Mergers & Acquisitions

Commercial Operations

Compliance

Tax

Treasury

Relevant Roles

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Corporate Development Director

Mergers & Acquisitions Director

Investment Manager

Legal Counsel

Commercial Director

Strategy Director

Network Development Manager

Business Broker

Partnership Manager

Deal Originator

Introduction Agent

Business Scout

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

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