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Finder's Agreement

Agent

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 for the benefit of Agent.

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Document Description

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 for the benefit of Agent.

The Principal is seeking to acquire the issued share capital of ("Sale Interest"), [TARGET] ("Target").

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 non-exclusive basis, to source independent third party sellers to sell the entire Sale Interest, and the Agent accepts the Principal's engagement.

During the Term, prior to any introduction or meeting between any potential independent third party procured by the Agent (other than an Excluded Person) and the Principal to negotiate a proposed acquisition of the entire Sale Interest, the Parties shall sign a written confirmation setting out the full legal name, brief description and accurate contact details (telephone number, correspondence address, fax number and email address) of such independent third party ("Agreed Person"). For the avoidance of doubt, an Agreed Person shall not be an Excluded Person.

How to use this Document? 

This is 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 for the benefit of Agent.

Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.  

 

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