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Form #810Motor Division Successor Addendum
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Motor Division Successor Addendum to Manufacturer Corporation - Dealer Sales and Service Agreement
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Successor.
MOTOR
DIVISION SUCCESSOR ADDENDUM TO MANUFACTURER CORPORATION
Dealer
Sales and Service Agreement
This Successor Addendum is effective _________ and is
executed pursuant to the provisions of Section B of Article III of the current
Dealer Agreement in effect between the undersigned Dealer and _________.
On the basis of the information provided _________ by
Dealer in connection with the Request for Execution of Successor Addendum
furnished by Dealer, _________ and Dealer agree that:
(1). Subject to paragraphs (2) and (3) below, the
proposed dealer operator(s) for purposes of designating and establishing a
proposed successor dealer as provided in Section B of Article III of the Dealer
Agreement shall be
_______________
(2). If more than one current Dealer Operator is named
in (1) above,
(a). the remaining Dealer Operator alone shall have
the right to designate and establish a proposed successor dealer, [ ] Yes
or
(b). all of the proposed dealer operators who remain
or survive, including the remaining Dealer Operator, shall acting together have
such rights. [ ] Yes
(3). The following person(s), if any, shall be
proposed owner(s) (Indicate "none," if applicable):
_______________
_______________
_______________
(4). Dealer, but not Manufacturer, may cancel this
Addendum, and Dealer and Manufacturer may by mutual agreement cancel or execute
a new Successor Addendum, provided, however, that no Successor Addendum can be
canceled following the death of any party named in Paragraph _________ of this
Agreement. Manufacturer shall have no obligation to execute a subsequent
Successor Addendum, however, if Manufacturer notifies Dealer in writing that
Manufacturer does not plan to continue dealership operations at Dealer's
location.
(5). This Addendum shall become void upon the
execution of a new Dealer Agreement by Dealer and _________.
(6). This Successor Addendum cancels and supersedes
any previous Successor Addendum between the parties.
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_________
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_________ MOTOR DIVISION
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Dealer
Firm Name
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Manufacturer
Corporation
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By _________Signature(date)
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By
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General
Sales Manager
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By _________
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_________Title
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_________ Manager
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The undersigned, as all Dealer Operator(s) and
owner(s) of Dealer, individually signify their concurrence with the above
agreements of Dealer and and waive any rights in conflict with the above
agreements they may have or acquire under either the Dealer Agreement or
applicable law.
|
_________(date)
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_________(date)
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_________(date)
|
_________(date)
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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
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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