Maryland 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. Maryland Finders Agreement is a legal document that outlines the terms and conditions between a finder and a company or individual seeking assistance in locating potential business opportunities, investments, or other valuable contacts in the state of Maryland. This agreement serves as a binding contract between the two parties, defining their rights, obligations, and expectations throughout their business relationship. A Finders Agreement typically includes the following key provisions: 1. Parties: The agreement identifies the parties involved, namely the finder and the company or individual engaging the finder's services. It includes their legal names, addresses, and contact information. 2. Purpose: The agreement clearly outlines the purpose for which the finder is engaged, such as finding business opportunities, prospective clients, investors, or strategic partnerships in Maryland. 3. Compensation: This section details how the finder will be paid for their services. It specifies the finder's commission or fee structure, including whether it's a percentage of the transaction value or a fixed fee, and any payment terms or conditions. 4. Exclusivity: Some Finders Agreements may include provisions regarding exclusivity, stipulating that the finder has the exclusive right to represent the company or individual in their search for opportunities in Maryland. This clause restricts the company or individual from engaging other finders to perform similar services during the agreement's term. 5. Obligations and Duties: The agreement outlines the specific responsibilities and duties of both parties. This may include the finder's obligation to conduct research, identify potential contacts, establish initial communication, and present qualified leads to the company or individual. The company or individual, on the other hand, may be required to provide the finder with necessary information, access to relevant resources, and timely feedback. 6. Term and Termination: This section specifies the duration of the agreement and any provisions for its termination. It may include termination rights for both parties, along with conditions that trigger termination, such as breach of contract or failure to meet agreed-upon performance standards. 7. Confidentiality and Non-disclosure: Maryland Finders Agreements often contain clauses protecting the confidentiality of any proprietary or sensitive information shared between the parties during the business relationship. Non-disclosure agreements may be included to prevent the finder from sharing or using confidential information for personal gain. 8. Governing Law and Dispute Resolution: The agreement indicates the governing law under which any disputes will be resolved and outlines the preferred method of resolution, such as negotiation, mediation, or arbitration. While the term "Maryland Finders Agreement" does not typically refer to different types of agreements, variations may arise based on the nature of the business or industry involved. For example, there might be specific agreements tailored for finders in real estate, technology, healthcare, or finance sectors seeking opportunities in Maryland. These variations usually incorporate industry-specific terms, target markets, and regulations relevant to the specific field of interest.

Maryland Finders Agreement is a legal document that outlines the terms and conditions between a finder and a company or individual seeking assistance in locating potential business opportunities, investments, or other valuable contacts in the state of Maryland. This agreement serves as a binding contract between the two parties, defining their rights, obligations, and expectations throughout their business relationship. A Finders Agreement typically includes the following key provisions: 1. Parties: The agreement identifies the parties involved, namely the finder and the company or individual engaging the finder's services. It includes their legal names, addresses, and contact information. 2. Purpose: The agreement clearly outlines the purpose for which the finder is engaged, such as finding business opportunities, prospective clients, investors, or strategic partnerships in Maryland. 3. Compensation: This section details how the finder will be paid for their services. It specifies the finder's commission or fee structure, including whether it's a percentage of the transaction value or a fixed fee, and any payment terms or conditions. 4. Exclusivity: Some Finders Agreements may include provisions regarding exclusivity, stipulating that the finder has the exclusive right to represent the company or individual in their search for opportunities in Maryland. This clause restricts the company or individual from engaging other finders to perform similar services during the agreement's term. 5. Obligations and Duties: The agreement outlines the specific responsibilities and duties of both parties. This may include the finder's obligation to conduct research, identify potential contacts, establish initial communication, and present qualified leads to the company or individual. The company or individual, on the other hand, may be required to provide the finder with necessary information, access to relevant resources, and timely feedback. 6. Term and Termination: This section specifies the duration of the agreement and any provisions for its termination. It may include termination rights for both parties, along with conditions that trigger termination, such as breach of contract or failure to meet agreed-upon performance standards. 7. Confidentiality and Non-disclosure: Maryland Finders Agreements often contain clauses protecting the confidentiality of any proprietary or sensitive information shared between the parties during the business relationship. Non-disclosure agreements may be included to prevent the finder from sharing or using confidential information for personal gain. 8. Governing Law and Dispute Resolution: The agreement indicates the governing law under which any disputes will be resolved and outlines the preferred method of resolution, such as negotiation, mediation, or arbitration. While the term "Maryland Finders Agreement" does not typically refer to different types of agreements, variations may arise based on the nature of the business or industry involved. For example, there might be specific agreements tailored for finders in real estate, technology, healthcare, or finance sectors seeking opportunities in Maryland. These variations usually incorporate industry-specific terms, target markets, and regulations relevant to the specific field of interest.