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Form #1069Goodwill
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The goodwill being purchased by buyer shall be paid for in the following manner - free form to use
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Terms Of Use
Submissions to this site, including any legal or business forms, posts, responses
to questions or other communications by contributors are not intended as and should
not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
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or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
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form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your
agreement to hold this site, its officers, employees and any contributors to this
site harmless for any damage you might incur from your use of any submissions contained
on this site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
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situation. Therefore, it is important to consult legal counsel whenever utilizing
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Goodwill.
The goodwill being purchased by buyer shall be paid
for in the following manner:
On _________[date] and on the first day of each
month, for the next _________ months, buyer will pay to seller _____% of the
gross proceeds of the business done by buyer as the result of work buyer has
performed for existing clients of seller for the preceding year. It is agreed
that there is no guaranty on the part of seller that buyer will retain any of
the existing clients of seller, since services to client are by their nature
quite personal to clients. It is intended to compensate seller for clients
retained by buyer for the year beginning _________[date]. In this regard
buyer agrees to make h— books of account available to seller or to seller's
authorized representatives if the same be demanded for the purpose of
ascertaining the gross business of buyer.
Buyer is not relying upon any representations by
seller regarding clients that might or might not be retained by buyer. Seller
will, however, cooperate in every possible way to introduce buyer to existing
clients, but it will be buyer's responsibility to retain them. In addition,
buyer is relying upon no other representations made to h— by seller or any of the employees of seller
concerning income or gross business or anything else in connection with the
business here being sold, other than as expressed in this agreement.
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regading how we deal with your email. We pledge that we will:
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party without your explicit consent
Terms Of Use
Submissions to this site, including any legal or business forms, posts, responses
to questions or other communications by contributors are not intended as and should
not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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