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Form #1060Contract for Sale of Business of Sales Agent
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Contract for sale of business of sales agent for certain automobile - free to use
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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
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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
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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
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Contract for sale of
business of sales agent for certain automobile.
It is agreed between the parties here that vendor is
selling the goodwill of _________ motor company, ("motor company"),
to vendee for a consideration of $_____ cash which is deposited in escrow in
_________ bank, ("escrowee"), with a copy of this contract. The
amount is to be held in escrow until vendee has a contract with motor company
for the sale of _________ motor cars in the territory formerly held by vendor.
After the contract is effected between motor company
and vendee, vendee is to take over all the new cars on the floor at that time
together with all repairs, accessories, tires, tubes and shop equipment. All
the fixtures that vendee desires at the time he or she receives the business,
at that time vendee is to pay to vendor the cost of such goods plus freight or
express charges.
Escrowee will have authority to deliver the goodwill
money of $_____ to vendor at the time the contract is signed between motor
company and vendee or one of motor company's authorized agents.
In case vendee is unable to effect a contract for the
sale of _________ motor cars as formerly held by vendor the escrow money will
be returned to vendee and this contract will be at an end.
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We hate getting spam as much as you do. So we have implemented a tough spam policy
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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Keywords: automobile, legal forms, sale of business, sales agent
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