Сoperation based on an agency agreement whereby the agent brings clients to the company and the company pays a set fee to the agent by way of a percentage of the cost of products or commissions.
The parties should adhere to the conditions stipulated in the Introducer agreement. In case the agent commits a material breach of the agreement, the company is entitled to terminate the agreement.
The agent will be remunerated with sharing commission as soon as the company receives payment for the services from the introduced client. The agent may have one-off remuneration or regularly on monthly basis depending on services.
Any extra terms in regards to each particular client should be agreed with the company. The agent bears sole responsibility for all extra conditions which were not agreed with the company.
The future agent can be either individual or legal entity with enough knowledge and experience to introduce potential clients to us. The future agent should get familiar with the products of the company and be able to cover the initial questions of potential clients.
It goes through the KYC procedure and sends us the basic documents of a legal entity (registration certificate, a document which shows the structure of the company, passports of directors/shareholders) or if he is an individual (passport, second ID, bank reference, passport selfie).
Cooperation based on an Investment Agreement whereby B2Broker Venture Capital and the potential prospect enter into an Investment Agreement (B2Broker VC becomes a shareholder of the potential prospect) or into a Convertible Loan Agreement (B2Broker VC lends money to the potential prospect with several covenants. If such a covenant triggers, the prospect's debt is converted into shares).
Following a request from the potential prospect, the B2Broker VC team conducts due diligence and an evaluation of the potential prospect's capitalisation at a fair price. We assess all aspects of the potential prospect's business and make our decision based on objective and verifiable criteria.
We prepare an Investment Agreement or Loan Agreement, together with a Cooperation Agreement which includes all terms, prices and several other items from time to time. After the agreement is signed, the prospect gains our investments and access to our infrastructure.
Typically after the Investment or Loan Agreement is made, B2Broker holds a place in the Prospect's Board. In addition, the prospect gains access to B2Broker Group business and technical expertise, distribution channels, infrastructure and resources i.e. IT/legal/offices and our client base.
This is the usual share purchasing agreement where B2Broker VC buys a specified number of shares at a specified price.