Business Broker Agreement Sample

Plus v one percent 1 0 of the remaining transaction value in excess of 4 million. Download this template review attorney drafted comments and put in a request to have a priori legal m a attorney customize it for you. The amount your broker agrees to pay to any sub agents or buyer brokers for showing and selling your business.

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Iv two percent 2 0 of the fourth 1 million of transaction value.

Business broker agreement sample. A business broker agreement is a legitimate commitment between the business owner and the business broker who participates in all crucial business sales issues and brings the maximum monetary benefits by acting as an acquisition consultant. In this case a broker is someone with knowledge and contacts in a certain field who can facilitate the connection of one business or individual with another. With a broker agreement you either a broker or client can set forth the terms and conditions of the broker s payment for his or her services. Broker is authorized to cooperate and compensate brokers who might participate in a co brokering agreement for the sale of the business.

The broker acts as a representative who will purchase and deal stock for the client. During the term of this agreement buyer will not attempt to do business with or otherwise solicit any sellers found or otherwise referred by broker to buyer for the purpose of circumventing the result of which shall be to prevent the broker from realizing or recognizing a commission or broker s fee. Below you will find a sample agreement for illustration only your attorney can tell you what terms make the most sense for you. Broker shall not be entitled to any compensation under this agreement if any one of the preceding requirements are not fully satisfied.

A broker agreement also known as a finder s fee agreement or a referral agreement sets forth the terms and conditions under which a broker will either find goods and or services for a buyer to purchase or interested buyers for goods and or services being sold by a seller. A stock brokerage agreement is a binding contract between a stock broker and an investor. This business broker engagement agreement sample sets out terms for the exclusive representation of a business owner that desires to sell a business used in the context of an m a transaction. Fee you agree to pay your broker for selling your business.

Trigger payment for commission all terms of the listing agreement and. Though the broker acts as a substitute the client is still mainly obligated for the action and decisions acted out by the stock broker. The seller represents that seller has clear title to the business and assets that are offered for sale.