AGREEMENT FOR CONSULTING SERVICES
This agreement is entered into by and between ___________, hereafter “Consultant” and _____________,________________ ,______________ , ______________, __________________, AND hereafter “Businesses”.
FOR AND IN CONSIDERATION OF TEN DOLLARS ($10.00) and other good and valuable considerations the receipt and sufficiency of which is hereby acknowledged, the undersigned do hereby covenant, contract and agree as follows:
1. Scope of Services: Consultant is hereby engaged to perform consulting services for the Businesses regarding the preparation and structuring of financial data including financial statements and related financial reports for the purpose of assisting the Businesses in preparation of presentations to lenders and/or equity prospects.
- Consulting fee: Businesses agree to pay unto Consultant the sum of ____________ Dollars ($ __________) in full payment for all services to be performed under the terms hereof. Payment shall be due upon execution of this agreement and is nonrefundable except for failure to perform the agreed services.
3. Limited Services: Consultant has represented to Businesses that he may be able to assist Businesses in acquiring suitable financing or equity. However such service is not included in this agreement and Consultant expressly agrees not to divulge, publish or communicate any information regarding the Businesses or their financial conditions to any person without the express written consent of the Businesses. All information obtained by Consultant during this engagement and all suggestions and recommendations received by Businesses shall remain the property of Businesses and Consultant shall keep all such matters confidential.
4. Future Consulting Fees: Notwithstanding the foregoing, in the event that Businesses or any of them engage Consultant at a later time to assist in the acquisition of acceptable financing any fee charged by Consultant shall be reduced by the consulting fee paid herewith. Any such future agreements shall be in writing in substantially the same form as this agreement.
- Term: The term of this engagement shall begin on the date hereof and shall terminate _________________ (___ ) days from date unless sooner terminated by Businesses. In the event of an early termination no refund of the fee will be due unless termination is for failure of Consultant to perform the services provided for above in which event the fee to which Consultant shall be entitled shall be equal to the amount of time spent in rendering the services multiplied by _______ $ _____ per hour. In no event shall the fee exceed $_____________
6. In the event that it becomes necessary to enforce any of the terms of this agreement the defaulting party agrees to pay all reasonable attorneys fees incurred therein.
Witness the signatures of the parties on this the ___ day of _____________, 20 ___.
______________________
CONSULTANT:
BY: _____________________
State Specific Real Estate Forms
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