This Deal Point Checklist is designed to highlight areas of importance when entering into a Finder Agreement. Attorney Michael Norman Saleman offers these Deal Point Checklists as a courtesy to users of this website. Contact Mr. Saleman if you need help with any of your project’s legal documentation.
Download (Finder-Agreement.docx) and use this checklist when negotiating a Finder Agreement to assist you in reaching an agreement on major deal points. Return this Word document with the details to facilitate the drafting of your agreements.
- Service Term
- time limit
- ends when funded to budgetary requirements
- how terminated?
- Consultation
- between Production Company and Finder
- required meetings
- Compensation
- percent of amount raised
- if escrow or holding account is used, will Finder have to wait until released?
- if threshold escrow amount not reached and money returned to investors, then no fee
- if no escrow used, can Finder deduct percentage off the top?
- do loans count? Or only investor money
- Credit
- Executive Producer
- Associate Producer
- tie credit to minimum amount raised
- sole or shared credit
- onscreen credit only? Or onscreen ads and paid ads
- No Obligation to Use Sources
- no obligation to find financiers
- no obligation of Production Company to use financiers found by Finder
- no restriction on Production Company using other sources
- no restriction that prevents Finder from working on other projects
- Indemnification
- Attorney Fees to Winner if Lawsuit
- Which State Law to apply?
- Arbitration as option to litigation
- Securities Restrictions
- Licensed broker/dealer only