Utah Finders Fee Agreement

• Category: Contracts - Finders
• State: Multi-State
• Control #: US-01771
• Format: Word; Rich Text

Description

This form is a Finder's Fee Agreement. The offerer and the finder agree to certain terms in furtherance of the mutual purpose of solciting customers and marketing the enterprise operated by the offeror. The document provides that the finder is authorized to represent the offerer in locating, soliciting, and selling to potential customers of the offeror. Utah Finders Fee Agreement is a legally binding document that outlines the terms and conditions between a finder and a client for identifying and introducing potential business opportunities, prospects, or investment opportunities. This agreement governs the fee structure and responsibilities of the parties involved in a finder's fee arrangement in the state of Utah. The Finders Fee Agreement in Utah typically includes several key components: 1. Parties Involved: It clearly identifies the names and contact information of the finder (also known as a broker or intermediary) and the client (the party seeking the service). 2. Definitions: This section provides a clear understanding of the terms used throughout the agreement. It may include definitions related to "finder's fee," "prospect," "successful transaction," "confidential information," and other relevant terms. 3. Scope of Services: The agreement outlines the specific services the finder will provide, such as identifying potential business opportunities, locating prospects, conducting due diligence, and facilitating introductions. 4. Fee Structure: It details the fee arrangement between the finder and the client. This section includes the finder's compensation, which may be a percentage of the final transaction value, a flat fee, or a combination of both. The agreement outlines when and how the fee will be paid, such as upon the successful completion of a transaction. 5. Exclusivity and Non-circumvention: If agreed upon, this clause ensures that the client cannot bypass the finder to directly engage with prospects identified during the agreement's term. Non-disclosure provisions may also be included to protect the finder's confidential information. 6. Term and Termination: The agreement specifies the duration for which the services will be provided, along with the circumstances under which either party can terminate the agreement. 7. Governing Law: This section states that the agreement will be governed by and interpreted in accordance with the laws of the state of Utah. 8. Dispute Resolution: It addresses how disputes between the parties will be resolved, such as through mediation, arbitration, or litigation. Different types of Utah Finders Fee Agreements may exist based on the specific industry or transaction involved. For example, there may be finder's fee agreements pertaining to real estate, mergers and acquisitions, investment opportunities, or general business development. In summary, a Utah Finders Fee Agreement is a comprehensive legal document that outlines the terms, responsibilities, and compensation related to a finder's fee arrangement in Utah. It ensures clarity and protection for both the finder and the client throughout their business relationship.

Utah Finders Fee Agreement is a legally binding document that outlines the terms and conditions between a finder and a client for identifying and introducing potential business opportunities, prospects, or investment opportunities. This agreement governs the fee structure and responsibilities of the parties involved in a finder's fee arrangement in the state of Utah. The Finders Fee Agreement in Utah typically includes several key components: 1. Parties Involved: It clearly identifies the names and contact information of the finder (also known as a broker or intermediary) and the client (the party seeking the service). 2. Definitions: This section provides a clear understanding of the terms used throughout the agreement. It may include definitions related to "finder's fee," "prospect," "successful transaction," "confidential information," and other relevant terms. 3. Scope of Services: The agreement outlines the specific services the finder will provide, such as identifying potential business opportunities, locating prospects, conducting due diligence, and facilitating introductions. 4. Fee Structure: It details the fee arrangement between the finder and the client. This section includes the finder's compensation, which may be a percentage of the final transaction value, a flat fee, or a combination of both. The agreement outlines when and how the fee will be paid, such as upon the successful completion of a transaction. 5. Exclusivity and Non-circumvention: If agreed upon, this clause ensures that the client cannot bypass the finder to directly engage with prospects identified during the agreement's term. Non-disclosure provisions may also be included to protect the finder's confidential information. 6. Term and Termination: The agreement specifies the duration for which the services will be provided, along with the circumstances under which either party can terminate the agreement. 7. Governing Law: This section states that the agreement will be governed by and interpreted in accordance with the laws of the state of Utah. 8. Dispute Resolution: It addresses how disputes between the parties will be resolved, such as through mediation, arbitration, or litigation. Different types of Utah Finders Fee Agreements may exist based on the specific industry or transaction involved. For example, there may be finder's fee agreements pertaining to real estate, mergers and acquisitions, investment opportunities, or general business development. In summary, a Utah Finders Fee Agreement is a comprehensive legal document that outlines the terms, responsibilities, and compensation related to a finder's fee arrangement in Utah. It ensures clarity and protection for both the finder and the client throughout their business relationship.