Coop-Int Agreement -OB with seller
0 likes87 views
This document is a Cooperating Intermediary Agreement between Gottesman Company and an intermediary firm. It outlines the terms of cooperation when Gottesman has a buyer and the intermediary firm has a seller. Key points include: - The intermediary firm agrees to maintain confidentiality of clients and not disclose the other's client without authorization. - The intermediaries agree to work through each other when transmitting information between buyer and seller and not contact each other's clients directly. - Each intermediary will receive their fee from their own client unless otherwise agreed. - The intermediaries agree to provide generic client profiles to each other as needed for cooperative projects. - Any disputes will be resolved through binding
Coop-Int Agreement -OB with seller
- 1. GOTTESMAN COMPANY United States, Canada & Europe M&A Business Brokers Since 1985 BETTER BUSINESS BUREAU IBBA/THE M &A SOURCE ASSOCIATION FOR CORPORATE GROWTH Admin. Office: 200 East 71 st Street, New York, NY 10021 (212) 330-8010 Fax (646) 434-4557 www.Gottesman-Company.com E-mail: office@gottesman-company.com Cooperating Intermediary Agreement For OB with Seller Please Print _____________________________________________ Number of M&A Professionals in the Firm:__________ Intermediary Firm Name _____________________________________________ Years in Business_______________________________ Address ______________________ _____________________ Member I.B.B.A: Yes No City State Zip Code ______________________ _____________________ Member M&A Source: Yes No Phone Fax ______________________ _____________________ Other Organization(s): ___________________________ E-Mail Website AGREEMENT This is to confirm that Gottesman Company and the above intermediary firm agree to cooperate with each other as Intermediaries, as the occasion arises. It is further understood that neither is the agent of the other. This Agreement is limited to situations where Gottesman has the Buyer and the Cooperating Intermediary has the Seller. In so doing it is understood that certain conditions apply as enumerated herein. CONFIDENTIALITY Each Intermediary agrees to make every effort to maintain the confidentiality of any client, Buyer or Seller and not disclose the name of the other Intermediarys client unless authorized to do so by the Cooperating Intermediary. It is understood that unauthorized disclosure of confidential information may result in damages to both client and Intermediary. NON-CIRCUMVENTION Both Intermediaries agree to respect the others client relationships. Each agrees that he will work with and through the other Intermediary in the transmittal of information, queries, offers, requests between the Buyer and Seller. Further, the Cooperating Intermediaries agree that they will not be in contact or interfere with the others client unless, in the case of a non-exclusive Buyer, such firm responds to an ad or turns up on a research data base and thus would otherwise be contacted in connection with a new and different projects research and marketing. FEES Each Intermediary will receive his fee from his own client unless otherwise agreed. COOPERATION At its discretion, each Intermediary agrees to provide generic (no name) profiles and/or offering memorandums of its clients to the other, as required, on any project on which they are cooperating. The name of the Seller will accompany the profile and will be used for internal records only. Each Intermediary gives permission to the other to include such generic (no name) information in its own communications to its own clients whether in writing, by phone, by email or via the internet. DISPUTE RESOLUTIONS Any disagreement between the parties is to be resolved by binding arbitration. SIGNED COPIES This Agreement may be terminated by either of the parties thereto, giving 30 days written notice to the other. Any cooperating projects currently then in work will be protected under terms of this Agreement. Signed facsimile copies of this Agreement are deemed acceptable by the parties to this Agreement. This Agreement constitutes the entire agreement between the parties herein and supercedes any previous one. This Agreement cannot be changed, except in writing, signed by the parties thereto. Acknowledged and Accepted: ______________________________________________ INTERMEDIARY FIRM NAME _ Authorized Signer and Title Please Print Name Date: __________________________________ FOR: GOTTESMAN COMPANY Eugene Gottesman, CBI, President or Louis Sudholz, CEO Gottco Buyer 息 Copyright 2015 Gottesman Company INTER _____