Legal Question in Business Law in Nevada

what type of contract do I need?

Hello,

If I negotiated an equity stake in a company if they obtain financing through my source (ie. I am a broker that introduced them to a lender and if successful I receive 2.5% equity in the company for my services)

Is that a ''broker agreement''? a ''service agreement''? (certainly not a shareholder agreement)

Could you shed some light on what this type of agreement is called?

thanks a million,

ps. would it make a difference if the company is in Utah instead of Nevada?


Asked on 3/26/09, 5:59 pm

1 Answer from Attorneys
Brian Elliott

Re: what type of contract do I need?

The name of the contract is generally not important. What you are describing is a finders fee and it can be structured in many different ways. Contact a lawyer in your area for specifics.

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Answered on 3/28/09, 3:05 am


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