Simple fee sharing letter for an advisor to share its fee received from the company with an introducer for introducing investors on a success basis. This letter is drafted from the perspective of the Fee Sharer.
In consideration for arranging the above Investors to invest in the Project., the Fee Sharer agrees to shareX% of all fees received from Company or its affiliates with Advisor in relation to investments made by the Investors (including but not limited to the following fee):
A fee equivalent to Y% of the aggregate investment amount (and appropriate VAT where applicable) by the Investor(s) introduced by the Introducer (the “Success Fee”).
Any shared fee shall be paid by Sharer within 7 days of receipt from the Company. All shared fees shall be paid to the bank account designated by the Introducer. For the avoidance of doubt, the Fee Sharer shall not be liable for any fees not actually received from the Company.