IMO Contract

Magnus

New Member
I'm being asked to sign a contract with an IMO. I'm 1099 and Independent. They have a clause about the leads that they provide. I pay for them out of my commissions. However, if I violate the agreement and sell anything other that what they say I can sell to the client I'm in breech of contract and liable for up $5,000 per incident. I don't have this type of contract with any other IMO I'm associated with. I'm not buying leads from my other IMO's ether.
 
I'm being asked to sign a contract with an IMO. I'm 1099 and Independent. They have a clause about the leads that they provide. I pay for them out of my commissions. However, if I violate the agreement and sell anything other that what they say I can sell to the client I'm in breech of contract and liable for up $5,000 per incident. I don't have this type of contract with any other IMO I'm associated with. I'm not buying leads from my other IMO's ether.
Buy your leads on your own and sell what you want.
 
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