account sale agreement

Account Sales Agreement

 

Account Sales Agreement
 
 
 
(Buyers name) of (Buyers company name), hereafter know as buyer agrees to purchase (Number of accounts) from (Sellers name) of (Sellers company name) hereafter know as the seller for a sum of (Agreed amount written) (Dollar amount number) with the following terms and conditions.
 
  • Buyer agrees to start servicing accounts on the (Date)
  • Seller agrees to hand over all accounting information on the said accounts on payment of (Amount)
  • Seller agrees to train buyer for (Time frame) 
  • Seller agrees to replace accounts or monies to that amount that are lost within the first 90 days, that are not due to the buyers negligence
  • Seller agrees to not to solicit or complete for said accounts for (Time frame)
 
__________________________                           ____________________
(Buyers name)                                                               (Date)
 
__________________________                           ____________________
(Sellers name)                                                               (Date)