Master Fee Protection Agreement Defined
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What is a Master Fee Protection Agreement?
A master fee protection agreement is a legally binding agreement between buyer, seller, and business broker that provides a fee if the deal is closed. This type of agreement guarantees to the business seller that they will only need to remit the brokerage fee associated with the master fee protection agreement if the buyer successfully completes the sale. This is a great perk for business sellers since it reduces the investment needed to retain brokerage services until after funds are collected for the sale of the business.
The purpose of the master fee protection agreement is to guarantee that a broker will get paid following the sale of a business and that the seller has proof of success before remitting the payment.
Who Helps With Master Fee Protection Agreements?
Lawyers with backgrounds working on master fee protection agreements work with clients to help. Do you need help with a master fee protection agreement?
Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate master fee protection agreements. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.
ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.
Meet some of our Master Fee Protection Agreement Lawyers
Steven S.
Steven Stark has more than 35 years of experience in business and commercial law representing start-ups as well as large and small companies spanning a wide variety of industries. Steven has provided winning strategies, valuable advice, and highly effective counsel on legal issues in the areas of Business Entity Formation and Organization, Drafting Key Business Contracts, Trademark and Copyright Registration, Independent Contractor Relationships, and Website Compliance, including Terms and Privacy Policies. Steven has also served as General Counsel for companies providing software development, financial services, digital marketing, and eCommerce platforms. Steven’s tactical business and client focused approach to drafting contracts, polices and corporate documents results in favorable outcomes at a fraction of the typical legal cost to his clients. Steven received his Juris Doctor degree at New York Law School and his Bachelor of Business Administration degree at Hofstra University.
"Love working with Steven, he is very knowledge and in our interaction was very personable. He helped us with our Service Agreement and was very detailed and professional. Everything was delivered within the timeframe expected I recommend him to all your legal needs!"
Rhea d.
Rhea de Aenlle is a business-savvy attorney with extensive experience in Privacy & Data Security (CIPP/US, CIPP/E), GDPR, CCPA, HIPAA, FERPA, Intellectual Property, and Commercial Contracts. She has over 25 years of legal experience as an in-house counsel, AM Law 100 firm associate, and a solo practice attorney. Rhea works with start-up and midsize technology companies.
"Rhea was super fast in responding and accommodated the quick and complete review in generous calls. Thank you!"
Michael S.
I began my career at "big law" firms, worked in-house for 14 years, and now have my own practice, providing big law quality at small firm rates. My practice focuses on strategic and commercial transactions, including M&A, preferred stock and common stock offerings, asset purchases and sales, joint ventures and strategic partnerships, stock option plans, master services agreements and SOWs, software development and license agreements, SaaS agreements, NDAs, employment and consulting agreements. I also manage corporate governance, advise boards and executives, and act as outside general counsel. I represent clients across the country and around the world.
"Completed most of the work with majority of the answers correct!"
April 1, 2023
Conner H.
Patent attorney with master's in electrical engineering and biglaw experience.
April 14, 2023
Sonya A.
Experienced Attorney with a demonstrated history of working in the law practice industry. Skilled in Preparation of Wills, Trial Practice, Estate Administration, Trusts, and Estate Planning. Strong legal professional with a Juris Doctorate focused in Law from Howard University School of Law.
April 14, 2023
Karen M.
Karen V. Mills is the founding member of the woman-owned boutique law firm Mills Law, LLC, based in Atlanta, Georgia, specializing in contracts, corporate transactional and business law.
April 17, 2023
Andrew M.
Business Venture Law: Andrew Moore, Esq. focuses on solving modern business problems with common sense at affordable rates.
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