The Finder's Fee Contract is essential for businesses operating in Singapore's dynamic commercial environment where professional intermediaries play a crucial role in facilitating business connections. This document establishes clear parameters for compensation related to successful introductions, while ensuring compliance with Singapore's regulatory framework, including the Securities and Futures Act and Financial Advisers Act where applicable. The contract typically includes detailed provisions on fee structures, success criteria, confidentiality obligations, and compliance requirements, making it particularly relevant for financial services and business development activities in Singapore's sophisticated market.
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1. Parties: Identification of the principal and finder with full legal names and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement including 'Successful Introduction', 'Target Business', and 'Fee'
4. Scope of Services: Detailed description of finder's duties, permitted activities, and what constitutes a successful introduction
5. Fee Structure: Payment terms, calculation method, timing of payments, and conditions for fee eligibility
6. Term and Termination: Duration of agreement, termination provisions, and post-termination obligations
7. Confidentiality: Protection of confidential information and trade secrets, including client information
8. Representations and Warranties: Statements regarding finder's capacity, compliance with laws, and authority to act
9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for dispute resolution
1. Non-Compete: Restrictions on finder's activities with competitors, typically used when protecting against competitive activities is important
2. Regulatory Compliance: Specific compliance obligations under Singapore law, particularly relevant when finder's activities may touch regulated areas
3. Insurance: Required insurance coverage provisions, used when significant liability risks exist
4. International Provisions: Cross-border considerations and compliance requirements, included when parties are in different jurisdictions
5. Data Protection: Specific obligations under PDPA for handling personal data, included when personal information will be processed
1. Fee Schedule: Detailed breakdown of fee calculations, payment tiers, and example calculations
2. Target Client Profile: Description of ideal clients or opportunities that the finder should pursue
3. Compliance Guidelines: Specific procedures and requirements for regulatory compliance under Singapore law
4. Reporting Templates: Standard forms for activity reporting and fee claims
5. Excluded Parties List: List of entities or individuals excluded from the scope of the finder's agreement
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