A Finders Agreement is a legally binding document between an enterprise, such as an investment group or venture capital fund, and someone who sources or locates potential business deals for the enterprise to pursue. It outlines the scope of the relationship between the finder, who helps to identify deals, and the enterprise, which pays a commission if any of the referrals close. This agreement details what fees are involved, how they will be paid out, and all parties’ rights and responsibilities in the process. It also identifies all parties involved in the deal and the conditions upon which any referral fee will be paid. A well-crafted Finders Agreement ensures that the hard work of finding deals and referrals is properly compensated and that all parties involved understand their roles in the transaction.