5. EDSR 06-17-2013 - Laserfiche WebLink

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COMMERCIAL CONTRACT FOR EXCLUSIVE RIGHT TO REPRESENT BUYER AND/OR TENANT 40. Page 2 41. COMPENSATION FOR LEASE: Tenant agrees to compensate Broker if Tenant or any other person acting on 42. Tenant's behalf agrees to Lease any property during the term of this Contract.Tenant shall pay Broker a retainer fee of ` 43. $ 1.00 when Tenant signs this Contract. Broker shall keep this fee even if Tenant does 44. not Lease property. The retainer paid shall apply toward satisfaction of Tenant's obligation to compensate 45. Broker.Tenant shall pay Broker, as Broker's compensation, (check any that apply): 46. © 3.00 percent(%) of the total gross obligation of the lease price; 47. ❑ percent(%)of the total net obligation of the lease price; 48. ❑ $ 49 ❑ $ per useable square foot; 50. ❑ $ per rentable square foot; 51. ❑ OTHER: - 52. 53. 54. upon the occurrence of any of the following conditions, indentified in lines 56-69 and paid in the following manner: 55. 1.0 percent(%) upon lease execution and 2.0 percent(%) upon lease occupancy. 56. COMPENSATION CONDITIONS: 57. 1. Buyer and/or Tenant Purchases and/or Leases or agrees to Purchase and/or Lease a property before the end of 58. this Contract with the assistance of Broker or Broker's salesperson;or 59. 2. Within 180 days (not to exceed six(6)months, except for the purchase or sale of a business, in which case 60. it cannot exceed two (2) years) after the end of this Contract, Buyer and/or Tenant Purchases and/or Leases 61. property which either Broker or Broker's salesperson has physically shown Buyer and/or Tenant or in which Buyer 62. and/or Tenant has made an affirmative showing of interest to Broker or Broker's salesperson before the end of this 63. Contract, so long as Broker has identified this property on a written list Broker gives to Buyer and/or Tenant within 64. 72 hours after the end of this Contract. 65. Broker is authorized to negotiate and receive compensation paid by seller and/or lessor, or broker representing 66. or assisting seller and/or lessor, if Broker informs Buyer and/or Tenant in writing before Buyer and/or Tenant signs 67. an offer to Purchase and/or Lease the property. Any compensation accepted by Broker from seller and/or lessor, 68. or broker representing or assisting seller and/or lessor, Ij SHALL❑SHALL NOT reduce any obligation of Buyer ---(Check one.) 69. and/or Tenant to pay the compensation,by the amount received by seller and/or lessor or broker. 70. CAUTION: BUYER'S AND/OR TENANT'S ACTIONS IN LOCATING A PROPERTY MAY AFFECT PAYMENT OF 71. COMPENSATION BY SELLER(S) AND/OR LESSOR(S)AND MAY THEREFORE OBLIGATE BUYER 72. AND/OR TENANT TO PAY ALL OR PART OF THE COMPENSATION IN CASH AT CLOSING. FOR 73. EXAMPLE:SIGNING A PURCHASE AND/OR LEASE AGREEMENT THROUGH ANOTHER BROKER 74. OR WITH SELLER AND/OR LESSOR MAY REQUIRE BUYER'S AND/OR TENANT'S PAYMENT OF 75. THE FULL COMPENSATION TO BUYER'S AND/OR TENANT'S BROKER. 76. CLOSING SERVICES: 77. NOTICE: THE REAL ESTATE BROKER, LICENSEE REPRESENTING OR ASSISTING BUYER OR REAL 78. ESTATE CLOSING AGENT HAS NOT EXPRESSED AND, UNDER APPLICABLE STATE LAW, MAY 79. NOT EXPRESS OPINIONS REGARDING THE LEGAL EFFECT OF THE CLOSING DOCUMENTS OR 80. OF THE CLOSING ITSELF. MNC:CERRB-2(10/12) l staerL:+t forms'--