Finder's Agreement whereby the Agent introduces a transaction to the Principal in return for a Commission (Finder's Fee) upon the completion of the transactions. This agreement is drafted in Neutral Form.
The Principal is seeking to sell the issued share capital of, and shareholders loans due to them from ("Sale Interest"), [TARGET] ("Target") as its legal and beneficial owner.
The Principal wishes to engage the Agent to provide the services, and the Agent accepts this engagement and provide services to the Principal, all on the terms and conditions hereinafter appearing.
For a period of Y days after the date hereof (or as subsequently extended by the Principal and the Agent in writing) (the "Term"), the Principal engages the Agent on an exclusive basis, to source independent third party purchasers to purchase the entire Sale Interest, and the Agent accepts the Principal's engagement.
The Persons set out in Schedule 1 has already approached the Principal to negotiate a proposed acquisition / sale of the Sale Interest with the Principal. The Principal may from time to time notify the Agent in writing of other third party purchasers (excluding Agreed Persons (defined below) prior to the date of such written notification) that have approached the Principal to negotiate a proposed acquisition / sale of the Sale Interest with the Principal and Schedule 1 shall be amended accordingly to include such Persons. All Persons set out or to be set out in Schedule 1 in accordance with this Clause, together with their Affiliates, shall be referred to as “Excluded Persons”.
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