Finders Agreement (Genie AI)
About this template
The Finders Agreement (Genie AI) is a legal template designed to facilitate an agreement between two parties in the context of finding potential business opportunities. This template is applicable under the jurisdiction of the United States of America.
In this agreement, one party acts as a finder, utilizing Genie AI, a cutting-edge artificial intelligence tool, to identify and connect the other party with potential business leads, clients, or investment opportunities. The finder may leverage various sources, including databases, networking, or specialized algorithms, to compile a list of potential prospects that match the specific requirements provided by the other party.
The template outlines the terms and conditions governing the relationship between the finder and the other party. It will typically include sections regarding the scope and limitations of the finder's services, confidentiality obligations, commission or compensation structure, intellectual property rights, and other important provisions.
Both parties involved must carefully review and negotiate the terms of this agreement and customize them to their specific needs and circumstances. Given the ever-evolving nature of technology, it is important to incorporate safeguards and mechanisms to address potential risks and uncertainties associated with the use of AI in the finder's activities.
It is advisable for both parties to consult legal professionals specializing in contract law and technology, ensuring compliance with relevant federal, state, and local regulations. This legal template aims to create a clear and mutually beneficial agreement that fosters transparency, trust, and a fair distribution of rewards between the finder and the other party.