% to pay a dedicated equity raising partner?

[Anders Jax]

So if my firm hired someone to raise equity for us, and of course they wanted compensation based mainly on how much equity they could raise us, what would you think is fair breakdown (yes this is legal, I've consulted with a lawyer).

They were proposing 5% of first $5m, 4% of next $5M, and 3% there-after.  And all the relationships that they bring in, they get those same percentages if more money is raised from those contacts, for 3 years after termination or voluntary departure.

What do you think??