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BUYER'S AGREEMENT
KNOW ALL MEN BY THESE
PRESENTS, That this Agreement is made between
___________________________________________________ (hereinafter referred
to as "Buyer") his/her/their/its successors and assigns and Mardell
Topham of Utah Land and Water LC doing business as Utah Water Right
Exchange (hereinafter referred to as Broker").
RECITALS
WHEREAS, the Buyer warrants that he/she/it is a bona fide
buyer or legal representative of a Buyer of surface and/or ground-water, water
rights (hereinafter referred to as the "Property")
WHEREAS, The Buyer seeks _______ acre feet of water rights
or
Shares of
water Stock in
Irrigation Company for use in
Section
Township
Range
Base & Meridian
County of
, State of ____________________ .
Buyer offers $
per acre foot/per share.
WITNESSETH:
NOW THEREFORE, in consideration of the mutual covenants and
promises contained herein, it is agreed as follows:
1. The Broker accepts the appointment and shall use his best efforts to
procure a ready, willing and able Seller of water rights suitable to the Buyer
in accordance with the terms of this Agreement.
2. At all times, the Broker shall act as Buyer's agent with respect to water
rights introduced by Broker to the Buyer.
3. When Broker is acting on behalf of the Buyer with regard to water rights
introduced to the Buyer by Broker, Broker shall act as Buyers' agent and Buyer
shall pay Broker a commission of
percent (
%) of the purchase price. Or if the Buyer purchases any water right
introduced to the Buyer by the Broker during the term this Agreement is in full
force and effect.
5. The Buyer agrees to maintain as confidential any and all Sellers of water
rights introduced to the Buyer by the Broker.
6. This Agreement shall remain in force and effect for as long as any
transaction is in progress before regulatory agencies or courts of law.
7. All notices under this Agreement shall be forwarded through the U.S. Post
Office by Certified Mail to the address of the parties hereto as set forth
below:
BROKER:
Mardell D. Topham, Broker
Utah Water Right Exchange
886 East 8475 South
Sandy, Utah 84094
BUYER:
Name of Buyer:
____________________________________________
Mailing Address:
___________________________________________
City, State, and Zip: ____________________________________________
____________________________________________
8. This Agreement shall commence on the latest date herein below inscribed
and terminate one (1) year from the date of signature.
BUYER:
_________________________________________________
(Name of Entity if any)
By: _____________________________________________
(Name & Title)
Date
By:______________________________________________
(Name & Title)
Date
BROKER:
Utah Water Right Exchange
By:_____________________________ ______
_
Mardell D.
Topham, Manager
Date
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