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Finders Agreement Template for Pakistan

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Key Requirements PROMPT example:

Finders Agreement

"I need a Finder's Agreement for my technology company based in Karachi, where we'll engage an independent consultant to help us identify potential investors for our Series A funding round, with a success fee of 2% and a six-month exclusivity period starting March 2025."

Document background
The Finder's Agreement serves as a crucial document in Pakistani business transactions where companies seek to leverage external expertise and networks for business development. This agreement type is particularly relevant when businesses want to expand their reach, identify potential investors, or explore new market opportunities through intermediaries. The document, governed by Pakistani law including the Contract Act 1872, establishes clear parameters for the finder's role, responsibilities, and compensation, typically including success fees for successful introductions. A well-structured Finder's Agreement helps prevent future disputes by clearly defining what constitutes a successful introduction, the duration of the finder's rights, and protection mechanisms against circumvention.
Suggested Sections

1. Parties: Identification of the Principal and the Finder with full legal names and addresses

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Key terms used in the agreement, including 'Opportunity', 'Target', 'Success Fee', and 'Introduction'

4. Appointment and Scope: Terms of the Finder's appointment and detailed scope of services

5. Finder's Obligations: Specific duties and responsibilities of the Finder

6. Principal's Obligations: Specific duties and responsibilities of the Principal

7. Compensation: Details of finder's fees, success fees, and payment terms

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

9. Confidentiality: Obligations regarding confidential information

10. Non-Circumvention: Prevention of direct dealings that bypass the Finder

11. Representations and Warranties: Standard declarations by both parties

12. Governing Law and Jurisdiction: Specification of Pakistani law and jurisdiction

13. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Exclusivity: Used when the Finder is granted exclusive rights for specific targets or territories

2. Insurance: Include when the nature of services requires professional liability insurance

3. Intellectual Property: Required when the Finder may develop or use proprietary materials

4. Force Majeure: Optional clause for unforeseeable circumstances preventing performance

5. Anti-Corruption: Important for high-value deals or when dealing with government entities

6. Dispute Resolution: Alternative dispute resolution mechanisms like arbitration or mediation

7. Non-Solicitation: Used when protecting against poaching of identified opportunities or contacts

Suggested Schedules

1. Schedule 1 - Fee Structure: Detailed breakdown of fees, including success fee calculations and payment terms

2. Schedule 2 - Target Criteria: Specific criteria for qualified targets or opportunities

3. Schedule 3 - Excluded Targets: List of pre-existing relationships or excluded potential targets

4. Schedule 4 - Territory: Definition of geographical or market scope if applicable

5. Schedule 5 - Reporting Requirements: Format and frequency of progress reports if required

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

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Relevant Industries

Financial Services

Real Estate

Manufacturing

Technology

Energy

Healthcare

Mining

Construction

Telecommunications

Professional Services

Import/Export

Retail

Agriculture

Education

Relevant Teams

Legal

Business Development

Corporate Development

Finance

Strategy

Commercial

Mergers & Acquisitions

Investment

Partnerships

Executive Leadership

Risk Management

Compliance

Relevant Roles

Business Development Manager

Chief Executive Officer

Managing Director

Corporate Development Officer

Investment Manager

Legal Counsel

Chief Financial Officer

Mergers & Acquisitions Director

Strategy Director

Commercial Director

Business Broker

Investment Advisor

Partnership Manager

Development Director

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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