1. The Seller hereby engages Thai Sunshine Business Advisors, on an exclusive/non-exclusive basis, to sell the assets of the above described business, including all fixtures, equipment, goodwill, trademarks, trade names and inventory associated therewith.
2. Seller agrees to pay Thai Sunshine Business Advisors 10% of the purchase price. Plus Vat. (Minimum commission fee is 140,000 Baht. Plus Vat.)
3. The Seller acknowledges that he/she has supplied the listing information above and Seller warrants such information to be true and correct.
4. Seller agrees to pay Broker’s full commission, if not paid prior to, then at closing; Seller agrees to pay the full commission set forth in this Agreement to the Broker in the event the property described herein is, within Twelve months after the termination of this Agreement, sold, traded or otherwise conveyed to anyone referred to Seller by Broker or with whom Seller had negotiations during the term of this Agreement.
5. This Agreement shall commence on the day and year set forth below and continue until _________________________, 20 _____
6. Should any suit be commenced to enforce the Broker’s rights herein, in the event the Broker is successful, the Seller agrees to pay the Broker the expenses connected therewith, including attorney’s fees incurred.
7. Seller hereby acknowledges that he/she has read this agreement and has received a copy of it.
8. If Seller is a partnership, corporation or other entity, the person(s) signing on behalf of such entity hereby represent(s) and warrant(s) that he/she is, or they have the authority to enter into this contract on behalf of said entity.
9. Any and all disputes arising out of or in connection with this agreement shall be finally resolved under Arbitration Rules of Institute Ministry of Justice of the Government of Thailand by one or more arbitrators to be appointed in accordance with the said Rules. The place of arbitration shall be in Bangkok Thailand. The parties hereby undertake not to appeal an arbitration award to any court except in enforcement procedure.
