Fill and Sign the Form 10 Q United States Securities and Exchange Lsb Industries

Agreement to Sell and Purchase Customer Accounts Agreement made on the ______________________________ (date), between ______________________________________ (Name of Seller) of _________________ ____________________________________________________________________________________________________ (street address, city, county, state, zip code), referred to herein as ___________________________________ (Seller), and _______________________________________ (Name of Buyer) of _______________ ___________________________________________________________________________________________________ (street address, city, county, state, zip code), referred to herein as _________________________________ (Buyer). Now, therefore, for and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Seller agrees to sell, and Buyer agrees to buy, on or before __________________ _____________ (date), the customer accounts described below: (Describe Customer Accounts) ________________________________________________________________________________________________________________________________________________________________________________________________________________________ 2. Seller agrees that Seller will not engage in the business of (describe) __________ _______________________________________________________________________, either in Seller's own name or under the name of another, as principal or as an employee, in the following area: (description of area) ____________________________________ _______________________________________________________________________, for a period of ________ (number of years) years from and after the date said accounts are transferred to Buyer. 3. Seller agrees that Seller will recommend to the customers described above that they continue to allow said accounts to be serviced by Buyer as Seller’s successor along with the following information: (describe any other information to be given customers) _______________________________________________________________________________________________________________________________________________________________________________________________________________________. 4.
(name of seller) agrees that if: (describe the seller's service) and (name of consumer named) become insolvent, and if (specify cause of insolvency of consumer) that the insolvency of the consumer named or of (describe consumer). Seller is not acting as an attorney or as a representative of a creditor. 5. (name of buyer) agrees that buyer's account with seller has been established on (date). 6. The following terms of sale are gover ned by agreement, in which the terms are marked by [x]. The same terms of sale are set forth in the attached purchase confirmation. The parties hereby acknowledge that upon executing this sale, it is understood that: (describe that by agreement), and (enter such information into the purchase account as requested by the buyer), buyer is purchasing the customer accounts below. If buyer desires to modify this sale, buyer will require a notarized copy from the buyer. 7. By entering this agreement, seller warrants that (signature of the person), identified above in (number of pages), has duly read, and will sign, the agreement. This sale is made pursuant to a written authorization granted by a notarized signature. 8. (name of buyer) agrees that in consideration of the mutual covenants contained herein set forth and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, buyer has agreed to pay (pay), in addition to any other fee or charges, the following amounts: (enter amount, if required), after costs: (describe those fees and charges). Any payment of monies owed by buyer to sellers under this agreement will be considered not to have been made pursuant to this agreement unless the buyer, by notice to seller, not later than 90 days from the effective date of this agreement, in which notice is delivered by certified mail, returns to seller an accurate and current balance as if the notice were delivered on the effective date of the agreement. 9. The parties agree that this purchase and sale constitutes an offer and acceptance of the foregoing, acceptance which all offers or proposals must receive prior to closing. A written offer from buyer must be received by seller's principal place of business in order to be considered accepted by seller. An offer of sale from buyer must be received by seller's principal place of business in order to be considered accepted by seller. 10. After (date), all of the.