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Finders Fee Consulting Agreement for Singapore

Finders Fee Consulting Agreement Template for Singapore

A Finder's Fee Consulting Agreement under Singapore law is a legally binding contract that establishes the terms and conditions under which a consultant will identify and introduce potential business opportunities, investments, or partnerships to their client. The agreement is governed by Singapore's legal framework, including the Contract Law and Securities and Futures Act, and typically specifies the scope of services, compensation structure, and conditions for earning the finder's fee. It includes provisions for confidentiality, regulatory compliance, and clear definitions of what constitutes a successful introduction.

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What is a Finders Fee Consulting Agreement?

The Finder's Fee Consulting Agreement is essential when engaging consultants or intermediaries to identify business opportunities in Singapore's dynamic market. This document is particularly relevant when companies seek to expand their network, identify investment opportunities, or secure partnerships through professional intermediaries. The agreement outlines the scope of the finder's services, compensation structure, and compliance with Singapore's regulatory framework, particularly important in regulated sectors like financial services. It provides legal protection for both parties while ensuring clarity in terms of deliverables and payment conditions.

What sections should be included in a Finders Fee Consulting Agreement?

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. Scope of Services: Detailed description of finder's services and obligations

5. Fee Structure: Compensation details, payment terms, and conditions for fee earning

6. Term and Termination: Duration of agreement and termination provisions

7. Confidentiality: Protection of confidential information

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

1. Non-Compete: Restrictions on competitive activities when protecting business interests from competition is crucial

2. Exclusivity: Exclusive rights provisions when finder has exclusive rights to certain opportunities

3. Regulatory Compliance: Specific regulatory obligations when services involve regulated activities

4. Insurance: Insurance requirements when significant financial risks are involved

What schedules should be included in a Finders Fee Consulting Agreement?

1. Fee Schedule: Detailed breakdown of fee calculations and payment terms

2. Service Description: Detailed scope of services and deliverables

3. Target Companies/Opportunities: List of specific targets or opportunities if applicable

4. Compliance Requirements: Specific regulatory or compliance obligations

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

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Fee Agreement

Cost

Free to use

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