Whereby an independent agent will promote the goods or services of a company for a referral fee. An introduction agency agreement sometimes referred to as a referral agreement commission agreement or finders fee agreement for use between a uk services supplier and another uk company that introduces potential clients to the supplier in return for a commission.
Finders fee agreement template.
Finders fee agreement template uk. This agreement sets forth the identities of the company and finder the specific services or introductions the finder will perform and the payment to finder for the services. This finders fee agreement is an agreement between an individual or firm that will seek out a business relationship customer or investment on anothers behalf and make an introduction. Prepared for affiliate company by company this finders fee agreement this agreement or this finders fee agreement effective as of the date of the last party to sign this finders fee agreement the effective date is made and entered by and between.
This finder fee agreement the agreement is made on date by and between. Agreement by finder in which case no fee shall be due at the time of the closing the closing of the transaction the fund will pay or cause to be paid to finder in immediately available funds a transaction fee the transaction fee equal to 5 of the first million dollars of the. Finders fees can also be paid as a token of goodwill to valuable clients who regularly refer new business to your company.
The transaction value shall be the contract sales price as shown on the purchase and sale agreement between the company and buyer. It may also be called a finders fee or commission agreement and can be used in a variety of industries. Finders fee agreements are common in many industries that thrive on referrals and direct sales but they can be helpful to formalize any professional networking agreement.
Additional terms and conditions. If the finder does not find a discovery within the aforementioned time period then the client will owe the finder no compensation. If the finder finds a discovery within the aforementioned time period then the client will owe the finder a flat feea percentage of the clients commissiona percentage of the purchase price.
Name of the company a company incorporated under the laws of united kingdom having its registered office at address hereinafter referred as the finder. This finders fee agreement is between a company and a finder who will perform certain introductory services. If there is no transaction there is no fee.
Free finders fee agreement. Condition condition condition condition. A referral agreement will formalize the terms and conditions of the contract.
The term of this non exclusive agreement is for one year from the date of execution of this agreement at which point the agreement shall terminate.
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