Business Brokerage Commission Agreement

Read it carefully and make sure you understand what you agree. This contract should be the beginning of a good relationship and a great result for you and your business. 14. The “divestiture” of the business in this Agreement includes the sale, merger, exchange or transfer of all or part of the business, excluding assets sold in the normal course. This definition includes, without restriction, the transfer or sale of some or all of the shares of a corporation. In the event that the owner chooses to advance the sales route, it is likely that the most effective way to do so is to hire a commercial broker to make the sale. In large companies that sell for $2 million or more, the Double Lehman scale is often used. The Double Lehman is also based on the final sale price and follows a graduated formula: 27th electronic signatures. This Agreement, the supplementary agreements to this Agreement and the related documents concluded under this Agreement shall be signed when the signature of a Party is served by fax, electronic mail or other electronic means. These signatures must be treated in all respects in such a way as to have the same force and effect as the original signatures.

(15) `purchase price` means the total deposits paid for the undertaking and its assets, including, but not limited to, cash; cash equivalents; Receivables, real estate, equipment, intellectual property, consulting or management contracts. 11. In the event of the opening of a legal action to assert the broker`s rights under this Agreement, and if the broker is the winning party in such action, the seller agrees to pay the broker the costs and attorneys` fees incurred in this action, as well as all damages awarded. In addition, it is understood and agreed that the customer meets the criteria of a “small business” in accordance with the small business size regulations of the US Small Business Administration. Business Broker attempts to make a sale of assets for the client, but if the transaction is done through securities, the client agrees that it is a transfer of all membership units and/or the company`s securities to a single buyer or a group of buyers formed without the help of Business Broker. .