Co-Broker Agreement Layout
1. Purpose
This Co-Broker Agreement ("Agreement") is entered into by and between the parties identified below, with the purpose of establishing a cooperative relationship for the facilitation and execution of brokerage transactions. The parties agree to collaborate and share information, resources, and commissions as outlined in this Agreement.
2. Parties
2.1 First Party
2.2 Second Party
Name: [Second Party Name]
Address: [Second Party Address]
Contact Information: [Second Party Contact Information]
3. Responsibilities of the Parties
Each party agrees to perform the following responsibilities to ensure the success of the brokerage transactions:
3.1 First Party Responsibilities
The First Party is responsible for [List First Party Responsibilities].
3.2 Second Party Responsibilities
The Second Party is responsible for [List Second Party Responsibilities].
4. Commission Structure
The commission for successful transactions shall be shared between the parties as follows:
5. Confidentiality
Both parties agree to maintain confidentiality of all proprietary information exchanged during the execution of this Agreement, and shall not disclose such information to any third party without prior written consent from the other party.
6. Term and Termination
This Agreement shall commence on the date of execution and continue until terminated by either party with a written notice of [Notice Period] days. Obligations concerning confidentiality shall survive termination.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
8. Amendments
Any modifications or amendments to this Agreement must be in writing and signed by both parties to be effective.
9. Signatures
By signing below, the parties agree to the terms and conditions set forth in this Co-Broker Agreement.
First Party Signature:
_______________________________
Date: _________________________
Second Party Signature:
_______________________________
Date: _________________________
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