Finder Agreement Fee Details

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Summary

The Finder Agreement specifies that the Finder is engaged to identify potential investors for the Company, with a fee of $110,000 for successful introductions. The Company is responsible for paying this fee, not the investor. This fee is standard in the industry and is based on the value of the investment made. If the investment amount is 600,000 CHF, the Company will receive approximately 490,000 pounds after deducting the Finders fee, depending on the exchange rate at the time of the transaction.

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What does the finder agreement say ? Why are they charging such exorbitant amount of money from the company ?
The Finder Agreement outlines that the Finder is hired to identify potential investors for the Company. The fee (US$ *,*) is charged for successfully introducing an investor who makes a legal investment of *,* CHF. This fee is based on the value of the investment made. It is a common practice in many industries.
Should the company pay or the investor pay this fee ?
The Finder Agreement states that the Company is responsible for payment of the fee. The investor is not obligated to pay this fee as per the agreement you've shared.
This makes no sense
Could you please clarify what part of the agreement or the explanation provided you find confusing? This will allow me to provide a more accurate response.
Why are they charging us $*
Based on the Finder Agreement you provided, the $*,* is the Finder's fee for successfully introducing a qualified investor to your company. This is a standard practice in finance, where a finder or broker gets compensated for their services.
So basically, we will only recieve * pounds ?
Yes, if the finder's fee of US$ *,* is deducted from the investment amount of *,* CHF (approximately *,* pounds), you will receive approximately *,* pounds. However, this depends on the exact exchange rate at the time of transaction.