FINDERS FEE AGREEMENT
This is an agreement made by and between _________________, a corporation ("Company") and ______________________ ("Finder").
- Stock. Company seeks a purchaser or purchasers of some of its capital stock from qualified sophisticated investors. Finder represents to Company that he has access to sophisticated investors and believes that he can introduce parties interested in investing in the Company.
- Legal Compliance. In connection with introduction to investors, Finder shall comply with all applicable laws and shall specifically, but not as a limitation thereof, comply with the requirements set forth in Rule 506 of Regulation D under the Securities Act of 1935, as amended. Finder represents and warrants that it has all permits, licenses and registrations required to perform the services hereunder.
- Nonexclusive Right. For a period of 90 days after the date hereof, Finder shall have the non-exclusive right to introduce prospective investors to the Company who meet the definition of "accredited investors" under SEC Rule 506, and who are not already known…
- Acceptance of Investors. The decision to accept a Qualified Investor as a shareholder in the Company is in the sole discretion of the Company.
- Fee. In the event that a Qualified Investor is accepted by the Company, and the Qualified Investor closes the purchase of Company stock within six (6) months of the date hereof, then the Company shall pay Finder a finder’s fee equal to…