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Timed rates
· £1,750 per day or part thereof in addition to the following. |
Payable by the company or business being invested in:
5% in cleared funds and 5% by way of securities being subscribed for, of the investment arising from introductions leading to investment in your company or business, irrespective of whether the investor provided consideration by cash or otherwise payable immediately following investment provided that where securities are unable to be issued to Royden & Co, 5% by way of securities being subscribed for shall be paid in cleared funds. |
Payable by vendors of assets
except property:
10% of the first £2,000,000 of consideration and 5% of consideration above £2,000,000 payable in cleared funds applied to the consideration received or to be received by the vendor(s) arising from introductions leading to the sale of an asset, business, equity or debt excluding freeholds or other interests (like leaseholds) in property provided that this section shall also include a company, partnership or other corporate body (“Company”) where the introduction(s) of Royden & Co leads to the sale of securities and or shares in that Company from existing owners to new owners, irrespective of whether the purchaser provided consideration by cash or otherwise payable immediately at the earlier of (a) the transaction being completed or (b) the contract for the sale or transfer being agreed provided that where the vendor and purchaser have agreed for payments from the purchaser to the vendor to be made in tranches then Royden & Co may calculate the expected net present value (using the Bank of England base rate or equivalent rate as the discount rate) of the proposed payments and use this amount to calculate the amounts owed by the vendor to Royden & Co with the proviso that adjustments will be made between Royden & Co and the vendor in the event that the expected payments used in the net present value calculation either (a) do not occur or are reduced or (b) are exceeded. |
Payable by purchasers of
assets including property:
10% of the first
£2,000,000 of consideration and 5% of consideration above £2,000,000
payable in cleared funds applied to the consideration paid by the
purchaser(s) on introductions
leading to the purchase of an asset, business, equity or debt including property
and interests in property of any kind and on introductions leading to the
renting or licensing of property and or interests in property of any kind
irrespective of whether the purchaser provided consideration by cash or
otherwise payable immediately at the earlier of (a) the transaction being
completed or (b) the contract for the sale or transfer being agreed
provided that where the vendor and purchaser have agreed for payments from
the purchaser to the vendor to be made in tranches then Royden & Co may
calculate the expected net present value (using the Bank of England base rate or equivalent rate as the
discount rate) of the proposed payments and use this amount to
calculate the amounts owed by the purchaser to Royden & Co with the
proviso that adjustments will be made between Royden & Co and the
purchaser in the event that the expected payments used in the net present
value calculation either (a) do not occur or are reduced or (b) are
exceeded. |
Payable by vendors of
freeholds or
other interests (like leaseholds) in property (“property”):
3% in cleared funds of the consideration received by the vendor on introductions leading to the sale of freehold or similar property irrespective of whether the purchaser provided consideration by cash or otherwise payable immediately following the transaction or the contract for the sale being agreed provided that where the vendor and purchaser have agreed for payments from the purchaser to the vendor to be made in tranches then Royden & Co Ltd may calculate the expected net present value of the proposed payments and use this amount to calculate the amounts owed by the vendor to Royden & Co OR 15% in cleared funds of each and every year’s rental or licensee income and or of any deposits paid on introductions leading to the renting or licensing of property irrespective of whether the purchaser provided consideration by cash or otherwise with the fee applicable to the first year payable immediately following the transaction or the contract being agreed and fees applicable to subsequent years payable upon each anniversary. |
Payable by employers:
30% in cleared funds of first year’s salary, benefits and expected bonus on introductions leading to employment payable immediately following the employment starting irrespective of whether the employee is required to complete a trial period. |
Payable by contractors and
contractees:
15% in cleared funds of invoice amount for introductions leading to contact work payable by both the contractor and the contractee payable immediately following each invoice. |
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Invoice, assignment
of rights and contracted parties Minimum monthly invoice amount £450. The benefits of this agreement and invoicing rights may be assigned by Royden & Co without notice. This agreement applies to all subsidiaries and associated or connected people, businesses and companies and in addition to any other agreements. |
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Regulation Royden & Co is neither regulated by the FSA nor any other regulatory body (“Regulator”) and nothing in any agreement between Royden & Co and its clients shall require Royden & Co to do any thing which would require Royden & Co to be regulated by a Regulator. In the event that an associate of Royden & Co anticipates commencing work which would require that associate or Royden & Co to be regulated then a contract of employment or other arrangements shall be created between the associate and the client so allowing the associate to act under the exemption for principals or otherwise. It is agreed that the work done by Royden & Co shall be charged on a word by word and a minute by minute so that in the event that a contract of employment is created then the remuneration attaching to that contract of employment rather than this agreement shall be calculated pro rata to (a) the words and or minutes of time which without the contract of employment would have required the associate of Royden & Co to be regulated and (b) the other words and or minutes of time. If it is held that a breach of a Regulator’s rules has occurred then any non-enforceability of a contract will only be applied to those words or minutes of time that constitute a breach. |
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Fee
generation from both parties to a transaction Royden & Co may be paid fees by both parties to a transaction and it is agreed that such a condition shall not constitute a breach of actual or implied contract. |
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Resolution of
disputes Disputes will be resolved by pendulum arbitration under a fair procedure and process to be set out by Royden & Co (after having consulted the other party(s) to the dispute(s)) and by an independent arbitrator appointed by Royden & Co (after having consulted the other party(s) to the dispute(s). |