Draft legal agreement
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Post a project like this£100(approx. $126)
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Description
Experience Level: Intermediate
I need a legal eagle to draft an agreement between 2 parties A and B.
Where A is the seller/restorer of classic cars and B is the Seller.
A grants B an exclusive to sell/ market cars on the Arabian peninsular. (List countries that make up the peninsular)
B supplies A with all relevant materials, which include photos, accurate descriptions of the cars, documentation and provenance. This is what buyers depend on when making a decision to purchase.
Accuracy is very important and all information needs to be correct and verified.
B is acting in good faith and on the information supplied by A
A also permits B to use their own marketing materials to win sales. (The shop window of B are digital photographs and descriptions provided by A).
B also reserves the right to have his own photographer take photos of cars to be sold by A.
A will agree need to agree to this.
Where A sells cars on behalf of a third party (cars that he does not own), but are marketed by A on behalf of the owner.
A should notify the owner of the car in question, that B is marketing these cars under a separate agreement he has with B. This is to avoid duplication, as A has his own website that he uses to market/sell cars.
B does not want to disclose to his and client's that A is the source of the classic cars he is selling.
The minimum commission payable to B is 15% of the purchase price of the car.
Insurance and transport are extra.
Commissions to be paid by bank transfer within 48 hours of receipt of payment from the buyer.
Bank details to be supplied by B.
A further agrees that B reserves the right to charge a buyers commission to B's customers and this commission will be paid to third parties at B's descretion.
All contact will be made made through B and A will not deal directly with any of B's contacts or through third parties of those contacts.
A must undertake not to do this, directly of indirectly or through third parties associates etc.
What might be a reasonable deterant?
A will not market his website to B's customers and will not solicit or do any business with B's customers or associates of B's customers from the Arabian peninsular or elsewhere.
Where transactions do take place A will pay to B a commission of not less that 15%. of the transacted amount.
Where A enters into an agreement with one of B's clients to restore a classic car then B will be entitled to receive a commission of not less than 15% of the value of the restoration works to include parts and labour.
Any further suggestions of how this business relationship can further be enhanced and protected would be much appreciated. Please let me have references and details of previous works. Best C. Harriott
Where A is the seller/restorer of classic cars and B is the Seller.
A grants B an exclusive to sell/ market cars on the Arabian peninsular. (List countries that make up the peninsular)
B supplies A with all relevant materials, which include photos, accurate descriptions of the cars, documentation and provenance. This is what buyers depend on when making a decision to purchase.
Accuracy is very important and all information needs to be correct and verified.
B is acting in good faith and on the information supplied by A
A also permits B to use their own marketing materials to win sales. (The shop window of B are digital photographs and descriptions provided by A).
B also reserves the right to have his own photographer take photos of cars to be sold by A.
A will agree need to agree to this.
Where A sells cars on behalf of a third party (cars that he does not own), but are marketed by A on behalf of the owner.
A should notify the owner of the car in question, that B is marketing these cars under a separate agreement he has with B. This is to avoid duplication, as A has his own website that he uses to market/sell cars.
B does not want to disclose to his and client's that A is the source of the classic cars he is selling.
The minimum commission payable to B is 15% of the purchase price of the car.
Insurance and transport are extra.
Commissions to be paid by bank transfer within 48 hours of receipt of payment from the buyer.
Bank details to be supplied by B.
A further agrees that B reserves the right to charge a buyers commission to B's customers and this commission will be paid to third parties at B's descretion.
All contact will be made made through B and A will not deal directly with any of B's contacts or through third parties of those contacts.
A must undertake not to do this, directly of indirectly or through third parties associates etc.
What might be a reasonable deterant?
A will not market his website to B's customers and will not solicit or do any business with B's customers or associates of B's customers from the Arabian peninsular or elsewhere.
Where transactions do take place A will pay to B a commission of not less that 15%. of the transacted amount.
Where A enters into an agreement with one of B's clients to restore a classic car then B will be entitled to receive a commission of not less than 15% of the value of the restoration works to include parts and labour.
Any further suggestions of how this business relationship can further be enhanced and protected would be much appreciated. Please let me have references and details of previous works. Best C. Harriott
Chester H.
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