Sales Consulting Agreement
This Sales Consulting Agreement (“Agreement”) is entered into by and
between Tax USA Business Brokers & Tax
USA Inc. (“TUBB”) and _________________________________________________
(“Seller”) regarding the sale of the business known as
_____________________________
_______________________________________________ (“The business”) located
at:
_____________________________________________________________________
TUBB is in the business of facilitating the sale of businesses. TUBB
facilitates the sale of businesses through a combination
of internet listing of available businesses, screening potential buyers,
and by bringing prospective buyers to sellers. Seller desires to obtain
the services of TUBB in connection with the sale or merger of the
Business.
NOW THEREFORE, in consideration of the mutual promises, terms and
conditions in this Agreement, TUBB and Seller agree as follows:
1. PERFORMANCE FEE: Seller agrees to pay TUBB a performance fee of 10% of
the sales price as defined in the purchase agreement between Seller and
the Buyer of the Business (“Buyer”). The minimum performance fee is
$_____________.
2. WHEN PAYABLE: The performance fee shall be due and payable at the
closing of the sale or merger. The performance fee shall be due and
payable according to the terms and conditions of this Agreement if the
Business is sold, conveyed, merged into another business or entity, or
in any manner transferred (I) within the term of the Agreement
regardless of Buyer or other transferee, or (II) within two (2) years
after the termination of this Agreement if Buyer or other transferee is
one with whom Seller or TUBB had negotiations or contact regarding the
sale or transfer of the Business during the term of this Agreement.
3. EXCLUSIVE RIGHT: Seller
understands that TUBB has an exclusive right to sell/merge this business.
Seller must refer ALL contacts and/or inquiries regarding the sale of
said business to TUBB during the listing period.
4. TERM OF AGREEMENT: This
agreement shall commence on the day and year set forth below and
continues for a MINIMUM period of ninety (90) days from the date of this
agreement. This agreement shall automatically renew for consecutive
thirty-day periods until Seller gives TUBB thirty (30) days written
notice of intent to cancel.
5. DISCLOSURE: Seller
acknowledges that all information provided to TUBB is true and complete
to the best of Seller’s knowledge.
6. GOVERNING LAW: Should
any action be commenced to enforce TUBB’ rights herein, the laws of the
State of Virginia shall control. Suit will be brought in Fairfax County,
Virginia.
7. RECOVERY OF COLLECTION
EXPENSES: TUBB shall be entitled to recover the expenses connected
therewith, including attorney fees, court costs, and/or any other
reasonable collection costs that may be incurred relating to this
listing agreement.
8. ACKNOWLEDGEMENT: Seller
acknowledges that Seller has read this agreement and that Seller will
receive a signed copy once accepted by TUBB.
9. EFFECTIVE DATE: The
effective date of this agreement shall be the date signed by Seller.
10. OTHER
PROVISIONS:_____________________
____________________________
Seller:
Date signed: _____________________
Tax USA Business Brokers & Tax USA Inc.
Date accepted: ______________________
