Business Forms

Rent a storage unit to a customer with this USA Self Storage Unit Rental Agreement template.

• The renter (Occupant) has access to the storage unit on a 24-7 basis at all times when the rent is paid up and the Occupant is not in default.
• The Occupant is responsible for placing insurance on the property while it is in the storage unit.
• There are restrictions on the types of materials that can be stored in the storage unit - no hazardous, toxic or illegal substances.
• This template is not State-specific, and the laws in your State may require changes to the agreement in order to comply with current legislation.
• This is a fully customizable legal template.
• Governed by U.S. laws and intended for use only in the United States.

This free article will steer you through the issues to consider if the sale of your business has an earn-out component or a deferred payment (seller financing) option.

Key Issues

This article covers a number of issues that must be considered, including:

• determining a fair price,
• negotiating reasonable terms and interest rate,
• determining the amount of money the buyer will put in at the outset,
• securing the unpaid balance of the purchase price,
• considering rights of setoff,
• setting payment milestones, and the consequences for missing a milestone,
• dealing with financial needs and operational decisions of the business until the purchase price has been paid in full.

Risk Management Strategies for Problems Arising After Closing

The writer also touches on how you should address potential problems that could arise after the closing, such as:

• Death of either party
• Default
• Insolvency of either party. 

Planning Your Exit Strategy

The information provided in this article is intended to help small business owners exit from their businesses through a carefully structured seller-financed or earn-out sale arrangement.

Author Credit

This article was written by Phil Thompson, business lawyer and corporate counsel in Ontario, Canada.

Learn how to successfully negotiate a fair price for selling your business with this 20-page expert guide which examines the issues you need to consider, including:

• the difference between fair market value and negotiated purchase price,
• the pros and cons of selling shares vs. selling assets,
• various methods of valuing your business,
• recasting the company financial statements,
• negotiating the value of goodwill,
• normalized sustainable future earnings,
• assessing the buyer's risk,
• techniques for bridging the gap between price and value assessments.

Selling Your Business: Successfully Negotiating Price is a comprehensive how-to guide written by an Ontario lawyer with years of experience helping business owner-managers with their exit strategies.

Internet service providers, prepare Server Co-Location Agreements for your customers with this easy-to-use template.

• The customer will co-locate its servers in the service provider's racks, and use its hub and backbone connection for Internet access.
• The service provider will perform installation and hookup, but will not provide troubleshooting or maintenance other than hardware reboots if necessary.
• The service provider will charge additional fees for excess bandwidth.
• The customer's access is to be used for legal purposes only.
• The customer indemnifies the service provider against any claims arising from the customer's use of the provider's services.
• The service provider makes no warranties with respect to the availability of the service.
• This legal agreement template is provided in MS Word format and is fully editable to fit your exact circumstances.

Hire session players to perform on a number of recordings over a specified period of time with this USA Session Musician Recording Contract.

• The contract is for a specified length of time, during which the musician agrees to record a minimum number of tracks.
• The session musician is required to give the record company all rights to the recordings and the right to use the musician's name and image in promoting the recordings.
• The record company has the exclusive copyright in all the compositions and recordings.
• The musician is being hired on a work made for hire basis, and is an independent contractor, not an employee of the record company.
• The contract contains two clauses for compensation. One is for a fixed fee, and the other allows for ongoing royalty payments based on sales of the recordings.
• The contract is governed by United States laws.
• Provided in MS Word format and fully editable to meet your needs.

This package contains budget and set-up sheets for a set decorating department on a movie or television production.

• You can use the budget form to track the projected and actual costs of purchases and rentals of set decoration for the duration of the shoot.
• The set-up sheet tracks the costs for each set and location.
• Available in MS Word format.
• Tracking costs is essential on every film shoot, especially those with very little cash. Keep the set decorating department budget on track with these downloadable templates.

Prepare a Set Dressing / Props Release Agreement for a feature film or television production with this easy-to-use template.

• Parties. The agreement is between the production company and the owner of the items which will be used as props or set dressing on the film.
• Warranties. The owner warrants that they are the owner of the items and have the right to grant the producers the right to use the items.
• Right to Use. The owner grants the producers the perpetual worldwide right to use the items in connection with the motion picture.
• No Claims. The owner agrees not to make any future claims against the producers.
• Indemnity. In return for the rights, the production company indemnifies the owner against any claims, damages or suits which are not the result of a breach of the agreement by the owner.
• Format. Available in MS Word format. Fully editable and easy to use.

Sell of the shares of an Australian corporation to a purchaser under the terms of this Share Purchase Agreement which includes State-specific trade restraint clauses.

• If required by the purchaser, the parties will jointly conduct a stocktaking of the business before completion of the transaction.
• Any disputes with respect to the stocktaking will be referred to an expert valuer.
• The vendor is liable to pay the amount of any loss arising from a reduction in the value of the company's assets, an increase in the liabilities, or any breach of the vendor's warranties.
• There is no liability in respect of trade debts which are paid in full on or before completion, or within 12 months after they become due.
• The vendor agrees to encourage the company's clients to use the company's goods and services, and must provide assistance in relation to the ongoing business of the company.
• Both parties are bound by ongoing confidentiality provisions which will survive the closing.
• Available as a downloadable MS Word document.
• Intended to be used only within Australia.

Transfer all of the outstanding shares of a U.K. private limited company to another company with this Share Purchase Agreement.

• Waiver of Rights. All pre-emption rights over the shares will be waived.
• Responsibility for Costs. The purchaser agrees to pay all reasonable costs and expenses related to the purchase of the shares, up to a specified amount. The vendor is responsible for paying all costs which exceed that maximum.
• Specific Performance. Each party is entitled to enforce specific performance.
• Representations and Warranties. Each party provides the standard representations and warranties with respect to corporate standing, authority to enter into the agreement, no conflict with laws or charter documents, and no claims pending or threatened.
• Legal Jurisdiction. This downloadable agreement template is intended for use only by companies formed within the United Kingdom.
• Format of Template. This Share Purchase Agreement is available in MS Word format and is fully editable to meet your exact needs.

The tenants of a strip mall or shopping center agree to share the common customer parking area under the terms of this Shared Parking Agreement.

• Each tenant will allow the customers of the other tenants access to the parking area.
• Each tenant is responsible for payment of taxes, repairs and maintenance, and other costs for parking stalls on their leased premises.
• Any signs in the parking areas must indicate that parking is for customers of any business in the building.
• This is a generic legal form which can be used almost anywhere.
• The Shared Parking Agreement is available as a downloadable and fully editable MS Word document.