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Business Broker Listing Agreement
"I need a standard Business Broker Listing Agreement for my medium-sized manufacturing company in Jakarta, with a 6-month exclusive listing period starting January 2025 and including provisions for both local and international buyers."
1. Parties: Identification of the business broker and the business owner, including complete legal names, registration numbers, and addresses
2. Background: Context of the agreement, including brief description of the business being listed and the broker's qualifications
3. Definitions: Key terms used throughout the agreement, including 'Listed Business', 'Listing Period', 'Commission', 'Qualified Buyer', etc.
4. Appointment: Terms of the broker's appointment, including exclusivity or non-exclusivity of the listing
5. Listing Period: Duration of the agreement, including start date, end date, and any renewal provisions
6. Broker's Services: Detailed description of services to be provided by the broker
7. Commission Structure: Details of broker's compensation, including percentage rates, minimum fees, and payment terms
8. Seller's Obligations: Business owner's responsibilities, including providing accurate information and cooperation
9. Confidentiality: Provisions regarding handling of confidential business information
10. Marketing Authorization: Permission and terms for marketing the business, including approved methods and materials
11. Representations and Warranties: Statements of fact and guarantees from both parties
12. Termination: Conditions and process for ending the agreement
13. Governing Law and Dispute Resolution: Choice of Indonesian law and method of resolving disputes
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Tail Period: Post-termination period during which commission may still be payable - include when working with sophisticated sellers or high-value businesses
2. Sub-Brokers: Terms for involving other brokers - include when the broker may need to collaborate with other agents
3. International Sales: Additional provisions for international buyers - include when targeting foreign investors
4. Due Diligence Support: Specific terms for broker's role in due diligence - include for complex business sales
5. Success Fee Structure: Additional performance-based compensation - include for high-value transactions
6. Non-Circumvention: Prevents direct deals between seller and broker-introduced buyers - include for high-value listings
7. Force Majeure: Provisions for unforeseen circumstances - include when required by local business practice
1. Schedule A - Business Description: Detailed description of the business, including assets, operations, and key information
2. Schedule B - Listing Price and Terms: Agreed listing price, acceptable price range, and specific terms of sale
3. Schedule C - Commission Schedule: Detailed breakdown of commission structures, including any sliding scales or special circumstances
4. Schedule D - Approved Marketing Materials: List of approved marketing methods and materials, including any restrictions
5. Schedule E - Required Documentation: List of documents the seller must provide for the listing
6. Appendix 1 - Confidentiality Agreement Template: Standard form for potential buyers to sign
7. Appendix 2 - Seller's Disclosure Form: Standard form for seller's disclosures about the business
Authors
Broker
Business
Business Day
Commission
Confidential Information
Effective Date
Exclusivity Period
Force Majeure Event
Intellectual Property Rights
Listed Price
Listing Period
Marketing Materials
Net Sale Price
Parties
Permitted Purpose
Purchase Price
Qualified Buyer
Sale
Seller
Success Fee
Tail Period
Territory
Transaction
Transfer
Valuation
Business Assets
Due Diligence Materials
Completion Date
Deposit
Earnest Money
Material Information
Professional Advisers
Related Parties
Sale Agreement
Selling Memorandum
Authorization
Commission
Confidentiality
Dispute Resolution
Due Diligence
Exclusivity
Force Majeure
Governing Law
Indemnification
Intellectual Property
Liability
Marketing Rights
Non-Circumvention
Non-Disclosure
Notices
Payment Terms
Performance Obligations
Pricing
Representations and Warranties
Scope of Services
Severability
Term and Termination
Territory Rights
Variation
Waiver
Retail
Manufacturing
Professional Services
Hospitality
Technology
Construction
Healthcare
Education
Food and Beverage
Real Estate
Transportation and Logistics
Agriculture
Mining and Resources
Financial Services
Entertainment and Media
Legal
Corporate Development
Mergers & Acquisitions
Business Development
Executive Leadership
Finance
Operations
Commercial
Risk Management
Compliance
Business Broker
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Company Director
Legal Counsel
Corporate Lawyer
Business Owner
Managing Director
Operations Manager
Investment Manager
Mergers & Acquisitions Manager
Commercial Director
Business Valuation Specialist
Transaction Advisory Manager
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