Real Estate Salesman Agreement Page 8
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10This Agreement is entered into for a time period of ____________ (Days / Months /Years)
and begins from the effective date to __________, unless and until terminated by either of
the parties in accordance with the Clause on Termination specified herein.
7. TERMINATION
7.1 If the Independent Contractor has committed any breach of the terms specified herein
or has failed to conduct his business in accordance with the applicable law then the
Broker is entitled to cancel this agreement, with or without notice to the Independent
Contractor.
7.2 The Parties may at any time, without cause terminate this agreement after giving
written notice of ________ days to the other.
8. ASSIGNMENT
The Independent Contractor shall not assign or otherwise transfer any of the rights and
obligations so placed on the Independent Contractor hereunder. Any purported or
attempted assignment or other transfer or delegation in violation of this Section shall be
null and void.
9. INDEMNIFICATION
Independent Contractor agrees to indemnify and hold harmless the Broker, its agents ,
employees, officers, successors, assigns and any other party deriving title under the term
Broker from all fines, levies, suits, proceedings, claims, actions or causes of actions of any
kind whatsoever including, but not limited to, all costs, court costs, litigation expenses and
attorney fees arising from, growing out of, in connection with or incidental to the
Independent Contractor activities and operation of a real estate business.
10. LIMITATION OF LIABILITY
The Broker shall not be liable to the Independent Contractor for any expenses so incurred
by the Independent Contractor nor shall the Independent Contractor have the authority to
bind the Broker by any promise or representations, unless specifically authorized in
advance and in writing by Broker. The Independent Contractor agrees to pay all costs and
expenses incurred by the Broker in defending or satisfying any claim or judgment assessed
against the Broker arising from any claims, complaints or litigation which arise against the
Broker directly due to the activities of the Independent Contractor.
11. RELATIONSHIP BETWEEN PARTIES
Each party is an independent contractor of the other party. Nothing herein will constitute a
partnership between or joint venture by the parties”, or constitute either party the agent of
Real Estate Salesman Agreement (Independent Contractor)
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