South Dakota 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. South Dakota Finders Agreement is a legally binding contract used to formalize the relationship between a business or individual (the "Principal") seeking assistance in finding potential buyers, investors, or clients, and a third-party intermediary or finder (the "Finder") based in South Dakota. This agreement outlines the terms and conditions under which the Finder will provide their services, typically in exchange for a fee or commission. The South Dakota Finders Agreement is crucial in clarifying the roles, responsibilities, and compensation arrangements between the Principal and the Finder. It helps prevent misunderstandings and disputes by clearly defining the scope of the Finder's obligations and the specific incentives the Finder will receive upon successfully completing their assigned duties. Keywords: South Dakota, Finders Agreement, legally binding contract, Principal, third-party intermediary, potential buyers, investors, clients, formalize relationship, services, fee, commission, terms and conditions, roles, responsibilities, compensation arrangements, scope of obligations, incentives, successfully completing duties. There may not be specifically different types of South Dakota Finders Agreements, but these agreements can vary depending on the specifics of the business relationship. Some variations may include: 1. Commission-Based Finders Agreement: This type of agreement specifies that the Finder's compensation will be in the form of a percentage commission based on the value of the successful transactions or deals they facilitate. The exact commission percentage and other relevant details are outlined within the agreement. 2. Flat-Fee Finders Agreement: In this variation, the Finder is entitled to a fixed fee or a predetermined amount for their services, irrespective of the value or success of the transactions they bring. This type of agreement is common when the Principal prefers a predictable cost arrangement. 3. Exclusive Finders Agreement: This agreement grants exclusivity to a particular Finder for a specific period. It prohibits the Principal from engaging or hiring other Finders for similar services during the duration of the agreement. This type of arrangement is suitable when the Principal wants to focus resources on a single Finder. 4. Non-Exclusive Finders Agreement: In contrast to an exclusive agreement, this type allows the Principal to engage multiple Finders simultaneously to increase their chances of finding potential clients or investors. The Finders are typically not exclusive to the Principal and have the freedom to work for other Principals as well. Note that these variations are not specific to South Dakota but can be incorporated into a South Dakota Finders Agreement based on the specific needs and preferences of the participating parties.

South Dakota Finders Agreement is a legally binding contract used to formalize the relationship between a business or individual (the "Principal") seeking assistance in finding potential buyers, investors, or clients, and a third-party intermediary or finder (the "Finder") based in South Dakota. This agreement outlines the terms and conditions under which the Finder will provide their services, typically in exchange for a fee or commission. The South Dakota Finders Agreement is crucial in clarifying the roles, responsibilities, and compensation arrangements between the Principal and the Finder. It helps prevent misunderstandings and disputes by clearly defining the scope of the Finder's obligations and the specific incentives the Finder will receive upon successfully completing their assigned duties. Keywords: South Dakota, Finders Agreement, legally binding contract, Principal, third-party intermediary, potential buyers, investors, clients, formalize relationship, services, fee, commission, terms and conditions, roles, responsibilities, compensation arrangements, scope of obligations, incentives, successfully completing duties. There may not be specifically different types of South Dakota Finders Agreements, but these agreements can vary depending on the specifics of the business relationship. Some variations may include: 1. Commission-Based Finders Agreement: This type of agreement specifies that the Finder's compensation will be in the form of a percentage commission based on the value of the successful transactions or deals they facilitate. The exact commission percentage and other relevant details are outlined within the agreement. 2. Flat-Fee Finders Agreement: In this variation, the Finder is entitled to a fixed fee or a predetermined amount for their services, irrespective of the value or success of the transactions they bring. This type of agreement is common when the Principal prefers a predictable cost arrangement. 3. Exclusive Finders Agreement: This agreement grants exclusivity to a particular Finder for a specific period. It prohibits the Principal from engaging or hiring other Finders for similar services during the duration of the agreement. This type of arrangement is suitable when the Principal wants to focus resources on a single Finder. 4. Non-Exclusive Finders Agreement: In contrast to an exclusive agreement, this type allows the Principal to engage multiple Finders simultaneously to increase their chances of finding potential clients or investors. The Finders are typically not exclusive to the Principal and have the freedom to work for other Principals as well. Note that these variations are not specific to South Dakota but can be incorporated into a South Dakota Finders Agreement based on the specific needs and preferences of the participating parties.