Some states require a business broker to provide a written disclosure document that meets the requirements of that state`s law. A lawyer can advise you on specific requirements from state to state. This letter is the Business Broker Engagement Agreement (“Agreement”) of and between the aforementioned business broker (“Business Broker”) and the client mentioned above (“Client”), and confirms the parties` full understanding with respect to the retention and ordering of business brokers to represent and support the Client in connection with the sale of the Client`s Business Unit (a “Transaction”). Brokerage agreements in the United States are subject to both federal and specific national laws that cover general principles of the contract, such as creation and mutual understanding. . . .

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