The Introduction Fee Agreement is a crucial document for businesses and professionals operating in Ireland who provide or receive introduction and referral services. This agreement type is commonly used when one party agrees to facilitate introductions to potential clients, investors, or business partners in exchange for a fee. The document typically includes detailed provisions about what constitutes a qualifying introduction, success criteria, fee calculations, and payment terms. It needs to comply with Irish contract law and relevant EU regulations, particularly regarding commercial agency, payment services, and data protection. The agreement is essential for protecting the introducer's right to compensation while providing the client with clear parameters for when fees become payable. It's particularly relevant in financial services, professional services, and business development contexts where networking and introductions form a significant part of business generation.
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1. Parties: Identification of the introducer and the client, including full legal names and registered addresses
2. Background: Context of the agreement, brief description of the parties' businesses and the purpose of the introduction services
3. Definitions: Key terms used throughout the agreement, including 'Introduction', 'Introduction Fee', 'Successful Introduction', and 'Target Business/Individual'
4. Scope of Services: Detailed description of the introduction services to be provided and the introducer's obligations
5. Fee Structure: Details of the introduction fee calculation, payment terms, and conditions for when fees become payable
6. Payment Terms: Timing of payments, invoicing process, and payment methods
7. Confidentiality: Obligations regarding confidential information shared during the introduction process
8. Duration and Termination: Term of the agreement and circumstances under which it can be terminated
9. Warranties and Representations: Guarantees made by each party regarding their capacity and authority
10. Limitation of Liability: Scope and limits of the introducer's liability
11. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement
1. Non-Circumvention: Prevents parties from bypassing the introducer to avoid paying fees - include when there's risk of direct engagement
2. Exclusivity: Grants exclusive rights to the introducer - include when agreed as part of commercial terms
3. Success Criteria: Detailed metrics for determining successful introductions - include for complex introduction arrangements
4. Data Protection: Specific GDPR compliance measures - include when personal data processing is significant
5. Non-Solicitation: Prevents poaching of staff or clients - include when protecting business relationships
6. Dispute Resolution: Specific procedures for handling disputes - include for high-value or international arrangements
7. Force Majeure: Provisions for unforeseen circumstances - include for long-term or high-value agreements
1. Schedule 1 - Fee Schedule: Detailed breakdown of fee structures, including any sliding scales or success-based elements
2. Schedule 2 - Target Introduction Criteria: Specific criteria for acceptable introductions and target profiles
3. Schedule 3 - Services Description: Detailed scope of introduction services and any additional support services
4. Schedule 4 - Reporting Requirements: Format and frequency of introduction reports and tracking mechanisms
5. Appendix A - Introduction Request Form: Standard form for requesting and documenting new introductions
6. Appendix B - Success Confirmation Form: Template for confirming successful introductions and triggering fee payments
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