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International Transaction Fee Protection agreement  

Doc Ref. EN-CMsa51
With Free Guidance Notes
Drawn by: Rakesh Taneja
Format available: word-small
Word count: 1200

This is a comprehensive Fee Protection agreement (often called an 'Irrevocable Master Fee Protection agreement' (IMFPA)). Protection of the commission or referral fee is critical. Use this document to ensure a smooth transaction.

 
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About this document
This is a comprehensive Fee Protection agreement, often called an 'Irrevocable Master Fee Protection agreement' (IMFPA).
It sets the terms between an intermediary and the seller in an International transaction. It is similar to an introducer's agreement. Although an introducer's agreement is agreed often as an ongoing relationship, this document is suitable where the intermediary introducer has already secured the deal for the seller with the buyer and now seeks to set up an arrangement to protect his referral fee.
 
Application and features
Suitable for national and international transactions of any type and size;
Can be used as is, or cann easily be adapted to suit the particular needs of either or both parties;
Drawn in plain English;
Guidance notes at every stage aid in proper execution and implementation.
 
Contents
Summary of the agreement
Relationship of the parties;
Seller's warrantis;
Responsibilities of the intermediary;
Tax liabilities;
Payment of commission and referral fees: how, when and what;
Duration, validity and acceptable amendments;
Non-Compliance, non-Disclosure and confidentiality;
Restrictive covenants such as non poaching;
Comprehensive schedule detailing payment details in full;
Other appropriate legal provisions to protect your interests.
Draftsman
This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.

 
 
 
 
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