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Introducer Fee Agreement Template for Malaysia

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Key Requirements PROMPT example:

Introducer Fee Agreement

"I need an Introducer Fee Agreement for my fintech company based in Kuala Lumpur, where we'll pay introducers a 5% commission for successfully referring small-medium enterprises to our payment processing platform, with the agreement starting from March 1, 2025."

Document background
The Introducer Fee Agreement is essential for businesses operating in Malaysia that wish to formally engage individuals or companies to introduce potential clients or business opportunities. This document is particularly relevant in regulated industries such as financial services, where referral arrangements must comply with specific regulatory requirements including the Financial Services Act 2013 and anti-money laundering regulations. The agreement typically details the scope of introduction services, qualification criteria for successful introductions, fee structures, payment terms, and compliance obligations. It serves to protect both parties by clearly defining their rights and responsibilities while ensuring adherence to Malaysian legal and regulatory requirements. This type of agreement is commonly used when companies seek to expand their client base through third-party referrals while maintaining regulatory compliance and professional standards.
Suggested Sections

1. Parties: Identifies and provides details of the introducer and the company receiving the introduction services

2. Background: Sets out the context of the agreement and brief description of the business relationship

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Scope: Defines the introducer's role, appointment terms, and scope of introduction services

5. Introducer's Obligations: Details the responsibilities and duties of the introducer

6. Company's Obligations: Outlines the responsibilities of the company receiving the introductions

7. Fee Structure and Payment Terms: Specifies the introduction fees, calculation method, and payment terms

8. Compliance Requirements: Sets out regulatory compliance obligations, including anti-corruption and AML requirements

9. Confidentiality: Provisions for handling confidential information

10. Term and Termination: Duration of the agreement and termination provisions

11. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement

Optional Sections

1. Non-Compete and Non-Solicitation: Restrictions on competitive activities, used when the introducer has access to sensitive business information

2. Intellectual Property Rights: IP protection clauses, needed when the introducer will use company branding or materials

3. Data Protection: Detailed data protection provisions, required when personal data processing is involved

4. Training and Support: Details of any training or support provided to the introducer, included when the company provides specific training

5. Insurance Requirements: Insurance obligations for the introducer, needed in high-risk or regulated industries

6. Dispute Resolution: Specific dispute resolution procedures, included for international agreements or high-value relationships

7. Force Majeure: Provisions for unforeseen circumstances, important for long-term or critical introduction arrangements

Suggested Schedules

1. Fee Schedule: Detailed breakdown of introduction fees, commission rates, and calculation methods

2. Introduction Process: Step-by-step process for making and qualifying introductions

3. Approved Products/Services: List of products or services for which introductions can be made

4. Compliance Procedures: Detailed compliance procedures and checklists

5. Reporting Templates: Standard forms for reporting introductions and tracking fees

6. Territory Schedule: Definition of geographical territories if the introducer's rights are territory-specific

7. Required Documentation: List of documents required for valid introductions

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses






























Relevant Industries

Financial Services

Banking

Insurance

Real Estate

Professional Services

Technology

Telecommunications

Healthcare

Education

Manufacturing

Consulting

Investment Services

Trading

Construction

Relevant Teams

Legal

Compliance

Business Development

Sales

Commercial

Finance

Risk Management

Operations

Partnership Management

Client Relations

Relevant Roles

Business Development Manager

Sales Director

Compliance Officer

Legal Counsel

Commercial Director

Partnership Manager

Channel Manager

Chief Executive Officer

Managing Director

Relationship Manager

Business Development Executive

Sales Manager

Compliance Manager

Contract Manager

Chief Commercial Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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