FM 4097 (R04/14) Page 1 of 2
Please initial Offeror acknowledgement on all pages of this submittal form:_________________
LeaseNumber:_________
COMMISSIONAGREEMENT
REPRESENTATIONOFTHESTATEOFFLORIDAANDITSRE SPE C TIVE AGENCIES
FORLEASINGTRANSAC T IO N S
ThisCommissionAgreement("Agreement")isenteredintoasofthis dayof,20____,byandbetween
("Owner")____________________________________________,TheStateofFlorida("Tenant")____________________,
And(“TenantBroker”) ______.
Thefollowingprovisionsaretrueandcorrectandarethebasisfo r thisAgreement:
A. Ownerhaslegaltitletoapropertylocatedat,in County, Florida on which
tractisanofficebuilding/projectcommonlyknownas ____________(the"Building"),andwhich
isfurtherdes c ribedas,oraportionof,PropertyAppraisersParcelNumber__________________.
B. TenantBroker haspresentedtherealestatespaceneedsofTenant to Owner andhasandwillrenderservicesinconnectionwiththe
leasingofspacetotheTenant.
C. ShouldaLease(hereinsocalled)beconsummated,OwnerhasagreedtopayTheStateofFlo r i d aareal
estate commissioninconsideration
forservic es renderedandtoberenderedinconsummatingaLeasepursuanttothetermsandconditionssetforthherein.
D. OwnerunderstandsandagreesthatTenantBroker isservingsolelyasarepresentativeofTenants’interest.Likewise,Owneracknowledges
that the applicablefee structure(s)defined
below, as mutually agreed between Owner, Tenant Broker andTenant, willbe (has been)
consideredandincludedwithintheOwner’sproposalforlease.
NOWTHEREFORE,inconsiderationofthemutualpromisessetforthhereinandforothergoodandvaluableconsiderationthereceiptand
sufficiencyofwhichisherebyacknowledged,
thepartiesheretoagreeasfollows:
1. AGREEMENTTOPAYCOMMISSION:Forthebasetermofthelease,OwnerherebyagreestopayarealestatecommissiontoTenantfor
thetotalaggregategrossbaserent(withnooffset)asfollows:
NewLeases:
TotalAggregateGrossBaseRent CommissionRate
Thefirst$0.00‐$500,000 3.50%
Thenext$500,001‐$2,500,000 3.25%
Thenext$2,500,001‐$4,500,000 3.00%
Thenext$4,500,001‐$6,499,999 2.75%
Thenext$6,500,000andover 2.50%
Warehouse/Storage/Hangar:
TotalRentfortheBaseTermoftheLease 0–5,000squarefeet 2.0%
TotalRentfortheBaseTermoftheLease over5,001squarefeet sameasofficespace%
Thecommissi ononanyleasemodificationshallbeequaltotwo(2%)percentofthetotaladditionalgrossrentsaddedto,orabovethe
totalrentsofthe originallease.
2. PAYMENTOFCOMMISSION:ThecommissionshallbedueandpayabletoTenantincash(i)onehalf(1/2)at
thetimetheLeaseissigned
and(ii)thebalanceontheearliertooccurof(a)thefirstdaythatTenantoccupiesalloranyportionofthespacecoveredbytheLease,
or(b)commencementoftheter mundertheLease.IfTenant'sleaseismodified,thecomm issi on
inrelati o ntosuchmodificationwillbe
dueandpayableinfull atthetimethemodificationisexecutedbyOwnerandTenant.TenantherebyagreestopaytoTenantBrokersaid
commissionsbasedonaseparateagreementbetweenTenantandTenantBroker.
3. SUCCESSORSANDASSIGNS:Theobligationto
payandtherighttoreceiveanyofthecommissionsdescribedaboveshallinuretothe
benefit and obligation of the respective heirs, successors and/or assigns of Owner or Tenant Broker.In the event of a sale or an
assignmentofthePropertywhichincludesTenant'sdemisedpremises,Owneragreesto
securefromthepurchaserorassigneeawritten
recordableagreementunderwhichthe newowneror assigneeassumespay menttoTenantofallcommis sions payablehereunder.