Simple engagement letter and success fee agreement from Advisor / Consultant to investors to advise and introduce transactions on a fee basis. This letter is drafted from the perspective of the Advisor / Consultant in favour of the Company.
In consideration of the services rendered to the Company by the Advisor, the Company agrees to pay the Advisor fees consisting of the following:
An advisory fee of [ADVISORY FEE], for the investment, advice provided in relation to the Project.
The Main Contents of This Document Addresses:
The Advisory Fee shall be paid within 7 days of signing this Engagement Letter.
A success fee equivalent to [SUCCESS FEE]% of the aggregate investment amount (and appropriate VAT where applicable) at the signing of investment contracts between the Company and the investors introduced by the Advisor.
The Success Fee shall be paid within 7 days of the signing of investment contracts.
All fees shall be paid to the bank account as designated by the Advisor.
This engagement letter and success fee agreement can be used by the Advisor/Consultant, directed for investors.
Use this document if the investment advisor wants to advise and introduce transactions on a fee basis to the investor and if a document needs to be drafted in favour of the company.
The success fee and advisory fee should be clearly stated in the document.