Kansas Finders Agreement

• Category: Contracts - Sale of Goods
• State: Multi-State
• Control #: US-01698-AZ
• Format: Word; Rich Text

Description

This form is a finder's agreement. Finder is to be compensated by purchaser at an agreed amount upon locating item desired by purchaser, provided purchaser. Adapt to fit your circumstances. Kansas Finders Agreement is a legal document that outlines the terms and conditions between a company or individual (the "emitter") seeking to raise capital and a finder (the "intermediary") assisting in the process by locating potential investors. This agreement serves to establish the responsibilities, compensation, and confidentiality obligations of both parties involved. In Kansas, there are two main types of Finders Agreements commonly utilized: 1. Traditional Finders Agreement: This type of agreement is the most common and straightforward version. It outlines the roles and responsibilities of the finder in identifying and introducing potential investors to the emitter. The agreement establishes the finder's compensation structure, which could be a flat fee, a percentage of the funds raised, or a combination of both. Additionally, it may include clauses specifying the duration of the agreement, the geographical scope of the finder's activities, and termination conditions. 2. Exempt Finders Agreement: This agreement is specific to Kansas's exemptions in securities laws, allowing certain finders to operate without needing to register as broker-dealers. The Kansas Securities Act provides exemptions for finders engaged solely in raising funds for issuers within the state. These exempt finders are subject to limitations, which may include a cap on the number of investors they can solicit or restrictions on the total amount of funds they can raise. Both types of Kansas Finders Agreements are designed to facilitate capital formation while ensuring compliance with relevant securities laws. It is important for both parties involved to consult legal counsel to ensure their agreement aligns with all state and federal regulations. Keywords: Kansas Finders Agreement, legal document, terms and conditions, company, individual, emitter, capital, finder, intermediary, investors, responsibilities, compensation, confidentiality obligations, Traditional Finders Agreement, roles, structure, flat fee, percentage, funds raised, geographical scope, termination conditions, Exempt Finders Agreement, exemptions, securities laws, broker-dealers, Kansas Securities Act, issuers, limitations, solicitation, compliance, capital formation, state, federal regulations.

Kansas Finders Agreement is a legal document that outlines the terms and conditions between a company or individual (the "emitter") seeking to raise capital and a finder (the "intermediary") assisting in the process by locating potential investors. This agreement serves to establish the responsibilities, compensation, and confidentiality obligations of both parties involved. In Kansas, there are two main types of Finders Agreements commonly utilized: 1. Traditional Finders Agreement: This type of agreement is the most common and straightforward version. It outlines the roles and responsibilities of the finder in identifying and introducing potential investors to the emitter. The agreement establishes the finder's compensation structure, which could be a flat fee, a percentage of the funds raised, or a combination of both. Additionally, it may include clauses specifying the duration of the agreement, the geographical scope of the finder's activities, and termination conditions. 2. Exempt Finders Agreement: This agreement is specific to Kansas's exemptions in securities laws, allowing certain finders to operate without needing to register as broker-dealers. The Kansas Securities Act provides exemptions for finders engaged solely in raising funds for issuers within the state. These exempt finders are subject to limitations, which may include a cap on the number of investors they can solicit or restrictions on the total amount of funds they can raise. Both types of Kansas Finders Agreements are designed to facilitate capital formation while ensuring compliance with relevant securities laws. It is important for both parties involved to consult legal counsel to ensure their agreement aligns with all state and federal regulations. Keywords: Kansas Finders Agreement, legal document, terms and conditions, company, individual, emitter, capital, finder, intermediary, investors, responsibilities, compensation, confidentiality obligations, Traditional Finders Agreement, roles, structure, flat fee, percentage, funds raised, geographical scope, termination conditions, Exempt Finders Agreement, exemptions, securities laws, broker-dealers, Kansas Securities Act, issuers, limitations, solicitation, compliance, capital formation, state, federal regulations.