The Exclusive Finder's Fee Agreement is commonly used when a business or individual requires dedicated introduction services with the assurance of exclusivity. This document, governed by English and Welsh law, establishes the terms under which a finder will exclusively source specific opportunities or connections for the principal. The agreement typically includes detailed fee structures, exclusivity periods, and success criteria, while ensuring compliance with UK regulatory requirements, particularly the Financial Services and Markets Act 2000 where applicable.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of exclusive appointment and services covered
5. Fee Structure: Details of finder's fees, calculation methods, and payment terms
6. Exclusivity Terms: Duration and scope of exclusivity
7. Term and Termination: Duration of agreement and termination provisions
1. Non-Circumvention: Protection against direct dealings, used when high risk of circumvention exists
2. Success Criteria: Specific metrics for determining successful introduction, used in complex arrangements
3. Territory Restrictions: Geographic limitations, used for international arrangements
4. Regulatory Compliance: Specific regulatory obligations, required if activities fall under FCA regulation
1. Fee Schedule: Detailed breakdown of fee calculations and scenarios
2. Services Description: Detailed scope of finder's services
3. Target Criteria: Specifications of acceptable introductions
4. Reporting Requirements: Format and frequency of activity reports
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