The Finder's Fee Agreement is a crucial document used in Qatar's business environment when companies or individuals seek to formalize arrangements for business introductions and referrals. This agreement type is particularly relevant in Qatar's growing economy, where networking and business introductions play a vital role in commercial success. The document outlines the scope of introduction services, defines what constitutes a successful introduction, and establishes clear compensation structures. It must comply with Qatar's commercial laws, including Law No. 27 of 2006 (Commercial Code) and relevant agency regulations. The agreement is essential for protecting both the principal's interests and the finder's right to compensation, while ensuring transparency and enforceability under Qatar law.
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1. Parties: Identification of the Principal and the Finder, including full legal names, registration details, and addresses
2. Background: Context of the agreement, including the Principal's business objectives and the Finder's role in identifying opportunities
3. Definitions: Key terms used throughout the agreement, including 'Successful Introduction', 'Target Transaction', 'Fee', and 'Qualified Lead'
4. Scope of Services: Detailed description of the Finder's role, including specific introduction services to be provided
5. Fee Structure: Details of the finder's fee calculation, payment terms, and conditions for fee eligibility
6. Payment Terms: Timing of payments, payment method, currency, and any applicable taxes or deductions
7. Representations and Warranties: Statements of fact and promises by both parties regarding their capacity and authority
8. Confidentiality: Obligations regarding confidential information exchanged during the relationship
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for dispute resolution
1. Exclusivity: Optional clause defining whether the Finder has exclusive rights for specific introductions or territories
2. Non-Circumvention: Protection against direct dealings between the Principal and introduced parties to bypass the Finder
3. Insurance: Requirements for professional liability insurance, if applicable to the nature of services
4. Force Majeure: Provisions for unforeseen circumstances preventing performance
5. Anti-Corruption Compliance: Detailed compliance requirements for high-value or sensitive transactions
6. Data Protection: Specific provisions for handling personal data when relevant to the introduction services
1. Schedule 1 - Fee Calculation: Detailed breakdown of fee structures, including percentages, tiers, and calculation methods
2. Schedule 2 - Target Criteria: Specific criteria defining qualified introductions or target transactions
3. Schedule 3 - Reporting Format: Template for reporting introductions and tracking successful transactions
4. Appendix A - Introduction Protocol: Prescribed process for making and documenting introductions
5. Appendix B - Excluded Parties: List of entities or individuals excluded from the scope of the agreement
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