Free Brokerage Services Contract Template
Brokerage Services Contract
This Brokerage Services Contract ("Agreement") is made and entered into on April 12, 2061 by and between [YOUR COMPANY NAME] (hereinafter referred to as the "Broker") and Ennovation (hereinafter referred to as the "Client"). The parties agree to the terms and conditions set forth below:
I. DEFINITIONS
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Broker: Refers to [YOUR COMPANY NAME], a company or individual licensed to perform brokerage services.
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Client: Refers to Ennovation, the party engaging the Broker for brokerage services.
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Services: Refers to the specific brokerage services described in this Agreement.
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Transaction: Refers to the transaction(s) facilitated by the Broker as part of the Services.
II. SCOPE OF SERVICES
The Broker agrees to provide the following services to the Client:
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Assistance in identifying and securing investors for strategic growth.
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Facilitation of business acquisition opportunities.
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Provide advice, market analysis, and support related to the transaction(s).
III. COMPENSATION
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Commission: The Client agrees to pay the Broker a commission of 5% based on the total value of the transaction.
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Payment Schedule: Payment shall be made as follows: 50% upon closure of the transaction and 50% within 30 days thereafter.
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Expenses: Any out-of-pocket expenses incurred by the Broker in connection with this Agreement must be pre-approved by the Client and will be reimbursed upon providing proper documentation.
IV. TERM AND TERMINATION
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Term: This Agreement shall commence on April 15, 2061 and shall remain in effect until April 15, 2062, unless terminated earlier as outlined below.
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Termination: Either party may terminate this Agreement with 30 days' written notice. Upon termination, the Broker shall be entitled to compensation for services rendered up to the date of termination.
V. CONFIDENTIALITY
Both parties agree to maintain the confidentiality of any proprietary or sensitive information disclosed during the term of this Agreement. This obligation shall survive the termination of this Agreement.
VI. REPRESENTATIONS AND WARRANTIES
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The Broker represents that they are duly licensed and qualified to perform the Services outlined in this Agreement.
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The Client represents that they have the authority to enter into this Agreement and that all information provided to the Broker is accurate and complete.
VII. INDEMNIFICATION
The Client agrees to indemnify and hold harmless the Broker from any claims, damages, or liabilities arising out of the Broker's performance under this Agreement, except in cases of gross negligence or willful misconduct.
VIII. GOVERNING LAW AND DISPUTE RESOLUTION
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Governing Law: This Agreement shall be governed by the laws of the state of Arizona.
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Dispute Resolution: Any disputes arising under this Agreement shall be resolved through binding arbitration in Maricopa County, Arizona.
IX. ENTIRE AGREEMENT
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral, related to the subject matter hereof. Any amendments must be made in writing and signed by both parties.
X. SIGNATURES
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
BROKER:
[YOUR COMPANY NAME]
By: _____________________________________
[YOUR NAME], Director of Brokerage Services
Date: April 12, 2061
CLIENT:
Ennovation
By: _____________________________________
Adelia Harber, Chief Executive Officer
Date: April 12, 2061