Introductory Agent Clause Samples
The Introductory Agent clause defines the role and responsibilities of a party who introduces two or more other parties for the purpose of facilitating a business transaction or relationship. Typically, this clause outlines the scope of the agent's authority, any fees or commissions due for successful introductions, and the circumstances under which the agent is entitled to compensation. By clearly establishing the agent's rights and obligations, this clause helps prevent disputes over compensation and clarifies the expectations of all parties involved in the introduction process.
Introductory Agent. Except for the placement fee payable by the Company to ▇▇▇▇▇▇ ▇’▇▇▇▇▇ (“Introductory Agent”), which shall be set forth in a separate engagement letter between the Company and the Introductory Agent (the “Placement Agent Engagement Letter”), no brokers, finders or financial advisory fees or commissions shall be payable by the Company or any Subsidiary (or any of their respective Affiliates) with respect to the transactions contemplated by the Transaction Documents. The Placement Agent Enagement is between the Company and the Introductory Agent. The Investor is not a party to such agreement and has made no analysis as to the validity or legality of such agreement or arrangement or as to whether any regulatory approval is required.