LAWSTREET CAPITAL BROKER COMMISSION AGREEMENT

This Commission Agreement (the “Agreement”) is entered into on (Today’s Date) by and between LawStreet Capital, LLC (hereinafter “LSC”) with its principal place of business located at 49 West 37th Street, 7th Floor, New York, NY 10018 and (BROKER NAME) (hereinafter the “BROKER”), with its principal place of business located at (Street Address) (city) (State) (Zip Code) (Broker Address).

WHEREAS, LSC is in the business of investing in claims and lawsuits by purchasing the right to receive a portion of the proceeds recovered from settlements and judgments, and
WHEREAS, the BROKER is in the business of arranging investments in claims and lawsuits by soliciting requests for investments from claimants and plaintiffs and submitting such requests to investors.
NOW, THEREFORE, for valuable consideration, the receipt, adequacy, and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

  1. LSC shall pay commission of 15% to the BROKER for all funding clients or companies introduced to LSC by the BROKER. LSC will add a “broker’s fee” or “Origination Fee” to the client’s funding document. So for a $2,000.00 funding the BROKER will receive $300.00 and the client will receive $2,000.00 and will be charged $2,300.00. LSC will pay the commission within 5 business days of funding the client.
  2. LSC will agree to reduce this fee with the BROKER’s verbal approval.
  3. In the event of any legal action to enforce this agreement, said action shall be venued in the State of New York, and the prevailing party shall be entitled to recover its actual legal fees and expenses incurred in such action from the unsuccessful party.
  4. This agreement shall be deemed to have been negotiated and drafted by both parties of equal bargaining position; its provisions shall be interpreted in accordance with the plain meaning of words used and shall not be construed strictly in favor, or against, any party.
  5. The BROKER understands and agrees that LSC shall be entirely free to accept or reject any litigation funding proposal that the Broker produces.
  6. The BROKER is an independent contractor, not an employee of LSC. LSC will not withhold any taxes and the BROKER will not be entitled to any benefits, such as unemployment insurance, medical insurance, pension plans, or other such benefits.
  7. The BROKER understands and agrees that it will not have an exclusive marketing territory.
  8. The BROKER is in the business of generating leads and or conducting proprietary marketing programs for various types of financial products. It is understood and agreed that if the BROKER has made a contact with a claimant and/plaintiff through its marketing efforts and introduces them to LSC, then, the BROKER shall be entitled to receive compensation (commission) on any investments made by LSC for that claimant and/or plaintiff.
  9. Either party can terminate this agreement by 30 days written notice to the other party. However, the BROKER shall still be entitled to receive compensation to which it is entitled pursuant to the compensation arrangement made above between LSC and the BROKER.

IN WITNESS WHEREOF, the parties have executed the Agreement as of Today's Date

LawStreet Capital, LLC ("LSC")

By: _________________________________
Broker Name:
Company Name:
Phone Number:
Fax Number:
E-mail Address:

I agree that I have read and agree to the LSC Broker Commission Agreement and this can be considered an electronic signature. You must select yes in the following selection box to have your agreement processed. By submitting this agreement, I affirm that all of the information provided is accurate to the best of my knowledge. Yes