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Finder's Fee Agreement for Motion Pictures

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Finder's Fee Agreement for Motion Pictures Powered By Docstoc
					This is an agreement between a finder and a client whereby the client retains the
finder's services to seek and attract investors for a motion picture. If the client enters
into any agreement with an investor that was introduced by the finder, the finder will
obtain a percentage of the amount the investor agrees to pledge. This agreement
should be used by parties seeking a finder to facilitate investment in a motion picture
film.
                          FINDER’S FEE AGREEMENT

       This Finder’s Fee Agreement (“Agreement”) is entered into as of (month, day year),
(“Effective Date”) between                              (“Client”), having its principal place of
business at ________________________________________, and
(“Provider”), having his principal place of business at ______________________ (Client and
Provider are collectively referred to hereafter as the “Parties” and individually as a “Party”).

WHEREAS, Client desires to contact investors with intentions of motion pictures; and

WHEREAS, Provider renders services that facilitate the introduction of potential investors
including, but not exclusively, Listed Potential Investors (as defined below);

WHEREAS Provider is willing to offer services that facilitate the introduction of potential
investors to Client subject to the terms and conditions contained in this Agreement;

NOW THEREFORE, for consideration of the promises contained herein, the Parties agree as
follows:

I. SERVICES

During the term of this Agreement, Client agrees to compensate provider consistent with the
terms and conditions herein in connection with the introduction of potential investors, as set forth
below (collectively, the “Services”).

    1.1        Listed Potential Investors. As used in this Agreement, the term “Listed Potential
Investor(s)” shall mean any information disclosed by the Provider to the Client that relates to
individuals and/or companies (and their respective associates, employees, officers, directors,
investors, co-investors, affiliates, etc.) that invest in ventures including, but not limited to,
motion pictures.

    1.2         Provider Compensation: If during the Term of this Agreement, or any time
thereafter, Client enters into any Agreement with any Financier(s) introduced to Client by
Provider, to invest in, lend for, or finance production of the Picture, then Provider shall receive
an amount equal to __________ percent (______%) of all and any monies secured by Provider
and accepted by Client, ("Investment"). Provider's Commission shall be payable and due after
the Investment is made available to Client for disbursement. This Commission shall be deducted
by client, and rendered within 72 hours of deposit.

   1.3        Limitation of Services. The Parties agree that no additional services are
contemplated by this Agreement, other than those specifically contained in this Agreement.
Without limiting the foregoing, the Client hereby understands and agrees that Provider shall not
be obligated to engage in any negotiations on behalf of Client and/or any Listed Potential
Investor(s), nor otherwise provide any other advice or information to Client and/or any Listed
Potential Investors except as specifically set forth.

II. TERM OF AGREEMENT.

    2.1         The “Term” of this Agreement shall be ___________ (____) months /years
beginning upon execution of this Agreement. If, at the end of the Term, Provider and/or Client’s
legal counsel is actively engaged in negotiations with a potential financier on behalf of Client,
this Agreement shall continue in effect for the sole purpose of concluding those negotiations.
During the term of the Agreement, on a monthly basis Provider shall communicate to Client and
or its approved representatives, information confirming its solicitation activities. This
“solicitation record” shall include:

   A. the day and date of the submission,
   B. the Company or Person solicited,
   C. date of last communication with solicitee and the results of that communication. In the
   event Client enters into an Agreement with any of the financiers introduced to Client by
   Provider, as evidenced by this solicitation record, within 24 months after the expiration of
   this Agreement, Provider shall be entitled to the compensation packaged detailed in this
   Agreement.

III. TERMINATION

    3.1         Provider Termination. Provider may terminate this Agreement, at its sole
discretion, effective upon written notice to Client. Notice of termination shall be delivered by
certified mail or personal delivery.

    3.2        Effect of Termination. In the event of termination of this Agreement for any
reason, Client shall immediately destroy and cease use of any information provided within this
Agreement including, but not limited to, information relating to Listed Potential Investors. In
addition, Client shall remain liable to Provider for payment of all Provider Fees due and payable
through the date of such termination.

    3.3        Non-Solicitation. Upon expiration or termination of this Agreement, Client shall
not solicit, offer work to, employ, or contract with, whether as a partner, employee or
independent contractor, directly or indirectly, any Listed Potential Investor(s) (or by any third
party procured as a result of any actions taken by a Listed Potential Investor) for a period of
twelve (12) months subsequent to such termination or expiration (the “Non-Solicitation Period”).
Notwithstanding the foregoing, this section shall not limit Client’s ability to continue working
with any Listed Potential Investor(s) (or by any third party procured as a result of any actions
taken by a Listed Potential Investor) that has provided an investment dur
				
DOCUMENT INFO
Description: This is an agreement between a finder and a client whereby the client retains the finder's services to seek and attract investors for a motion picture. If the client enters into any agreement with an investor that was introduced by the finder, the finder will obtain a percentage of the amount the investor agrees to pledge. This agreement should be used by parties seeking a finder to facilitate investment in a motion picture film.
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