Commission will be payable on sale or lease or any other disposition of the school, its assets or any part thereof resulting from and introduction of WEBA , subject to a minimum of € 1500 plus VAT.
Commission will be calculated as follows:
(i) On sale of any assets or part thereof including stock and goodwill -5% + VAT *
(ii) On lease of any assets or any part thereof -5% + VAT* of the capitalised rent
(iii) On a disposition of any other kind – on a fair and reasonable basis*
(iv) I understand that all dealings between myself and WEBA shall be governed by and construed in accordance with the Swiss Law. Disputes arising from this shall be subject the the exclusive jurisdiction of the Swiss courts.
* VAT is payable where applicable.