Here’s another excerpt by Randy Charach and Synergy Talent

13.  This agreement in its entirety is subject to due diligence and the solicitor’s definitive purchase/sale agreement.  It is intended as a planning document and evidence, by way of signature of both parties, of the intention to continue in good faith.  With the exception of condition 6, it is not legally binding.

14.  The purchaser agrees to provide two separate sale/purchase agreements.  One will be solely for the purchase from vendor 1, the other will be solely for the purchase from vendor 2.

15.  Vendor 2 agrees to loan, if necessary,  up to $50,000,  fully secured by a note. Prime plus 2% interest rate will be charged on the loan, fully payable within 90 days.

Acceptance,

_____________________________

Randy Charach

Date

____________________________

Client’s Name

Date

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