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ESCROW & LIQUATION AGREEMENT

The following agreement allows the law firm to act on behalf of clients to facilitate the credit card transaction. This is a neutral service and does not create an "attorney-client" relationship between the client and the attorney.

AGREEMENT: This Escrow Agreement “Agreement” is entered into by and between Marker Law Mediation, and Morrison Law Group, Utah Corporations, hereafter referred to as “Law Office,” and (Escrow Participant Client), hereafter known as “Client,” do hereby agree to the following Terms and Conditions of this Agreement

  1. SERVICES TO BE PROVIDED: Law Office agrees to perform the following services for Client: 


a. The Law Office will receive funds from the client to facilitate a business transaction for the client. 


b. The Law Office will hold the funds for the client's transaction until directed by the client where to transfer the funds. The Law Office will not transfer the funds to an account that the client does not have an interest in. (i.e. The client's name must be on the account.)


  1. CONSIDERATION AND FEES: 


a. In consideration for Law Office’s  escrow/trust account services, the client understands that the law office will subtract from the fees paid to the business a fee to pay the Law Office for its management of the transaction for the parties. The fee for this transaction will be 6.5% for non-American Express credit cards. The percentage is 7% for American Express Credit Cards. The percentage is applied to the total run on the card. It is not billed separately.


b. At the election of the client, there may be a wire fee for the delivery of funds or there may be a delivery fee for funds provided by certified mail. (See below)

  1. ACKNOWLEDGEMENT: 


The Client understands that the management of the funds for the transaction does not create a legal relationship attorney/client relationship between the law office and the Client.


The Client acknowledges that the Law Office has no ongoing or residual interest in or liability for the manner in which the funds maybe used by the client after the transaction.


The Client understands that the Law Office has no duty to do the client’s due diligence regarding the client's use of the funds from this transaction. The client may, however, request that the Law Office hold the client’s funds for up to ten (10) regular calendar days in order to allow the client to fully research the transaction or reason for the use of funds.


The Client understands that if the funds provided to the Law Office were provided to the Law Office by credit card, the right to dispute this transaction is limited to the contract between the Law Office and the Client for the escrow services. If the client uses the funds for a transaction with a third party and that transaction is disputed, that dispute would not be a basis to challenge or dispute the transaction with the Law in that the third party did not run the credit card that party would have been paid with cash or a non-credit card form of payment.


If the client pursues a dispute against the Law Office after the funds have left the lawyer’s account at the direction of the client, the client would create a negative balance in the Law Office account which could result in civil and other damages from the Law Office against the client.


If the client is using the Law Office escrow services to pursue a business transaction that relates to a “coaching package” or a package that does not have a tangible product besides the teaching or mentoring of one person to another, the Law Office specifically discourages said transactions. Value and consideration for the coaching is not always consistent with the parties’ expectations and often results in the client feeling they did not get a service consistent with the money paid for said coaching.  The Law Office has no liability for the quality or lack of performance of a coach, teacher, mentor, educational course, etc.

4 FEES FOR DISTRIBUTION OF FUNDS: 


If the client directs to receive funds by bank wire from the Law Office, the Law Office charges a fee that includes the bank’s fee to the Law Office in the amount of $30.  The client’s bank will also charge a fee to receive the funds that will be in a range of $15 to $50 depending on the client’s bank.


If the client elects to have a certified check delivered to the client, there is a certified check fee of $10 and the postage for the cost of the delivery rate that the client elects, whether next day or otherwise.

The following describes the transaction between the parties for which funding is required. For Examples: Business capitol or Remodel funds.

For example: You may have three cards. The total you'd like off the three cards is $50,000. That's the number you'd place in the entry.

  1. COMMUNICATIONS: All notifications and communications related to this agreement shall be made via PHONE, text or email only.

  1. JURISDICTION AND VENUE: Jurisdiction and venue will be exclusively in the city of Ogden, Utah.

  1. ENTIRE AGREEMENT: This agreement contains all the representations by each party to the other and expresses the entire understanding between the parties with respect to the contemplated transaction. All prior communications concerning the subject matter are merged in or replaced by this agreement. No modifications of this agreement shall be binding unless they are in writing and signed by both parties to this agreement.

ENTIRE AGREEMENT: I UNDERSTAND THAT THIS AGREEMENT IS THE COMPLETE AND FINAL AGREEMENT AND THAT THERE ARE NO OTHER VERBAL, IMPLIED, OR ASSUMED AGREEMENTS


I am over the age of 18. I have read, understand, and agree with this agreement.


I declare under penalty of perjury the above to be true and accurate and agree to be bound my signature below to this agreement and by my signature.

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