You, as an agent of CHARLES RUTENBERG REALTY, Inc., ("Broker") Or CHARLES RUTENBERG REALTY ASSOCIATES INC. ("Broker") or CR COMMERCIAL REALTY INC ("Broker") will do business as a: ___Sales Associate ___Broker Associate, hereby agree as follows:

1. Independent Contractor Status - Contractor agrees to work for Broker as an Independent Contractor, and not as an employee, however, Contractor understands that Broker is legally accountable for the activities of the Contractor. All costs and obligations incurred by Contractor in conducting his/her independent business shall be paid solely by Contractor, who will hold Broker harmless from any and all costs and obligations. Contractor will act independently as to the management of his/her time and efforts, and will be responsible for timely payment of all of his/her own expenses. such as industry association dues, licensing renewals, pagers, cellular telephones, etc., as they are incurred.

Contractor understands and agrees that, because Contractor is an Independent Contractor and not an employee of Broker. Broker will not withhold any Federal or State Income Tax, Social Security (FICA) or Unemployment (FUTA) taxes from Contractor's commissions paid. Contractor is personally responsible for paying any and all Federal and State Income. Social Security and other taxes, and for maintaining all expense records as required by law, and represents to Broker that all such amounts will be withheld and paid when due. Contractor shall indemnify and hold Broker harmless from any liability or costs thereof. Contractor further understands and acknowledges that Broker provides no Workman's Compensation coverage. Contractor hereby specifically waives such coverage and represents to Broker that he/she understands that, if Contractor desires such coverage, Contractor must personally obtain such coverage directly from the State of Florida or an insurance carrier of Contractor's choice, at Contractor's sole expense.

2. License & Realtor Status - Contractor is and shall remain licensed and in good standing with the Florida Department of Professional and Business Regulation, throughout the term hereof. All Realtors®, will adhere to the REALTOR® Code of Ethics and the Multiple Listing Service Rules and By-Laws. Contractor will always conduct him/herself in full compliance with the Statutes of Florida and the Rules and Regulations of the Florida Real Estate Commission and in a way which reflects the high standards of the Broker.

3. Commissions and Fees - As commissions are earned through the efforts of Contractor, any and all such commissions will be promptly paid to Contractor by Broker after receipt and processing, less any amounts owing to Broker. Payment of any and all commissions is subject to Broker receiving a complete sales file. All disbursements will be paid at closing or within 24 hours after commission check is received in office. Contractor further agrees to participate in the program as specified below.


Charles Rutenberg Realty, Inc. & Charles Rutenberg Realty Associates, Inc.


(Silver Plan-$35 per month)

- $250 transaction fee will be withheld by and paid to Broker on each transaction.

- $ 40 Risk Management premium will be withheld on each transaction.


(Gold Plan-$75 per month)

- $250 transaction fee will be withheld by and paid to Broker on the FIRST transaction of the month.

-$ 40 Risk Management premium will be withheld on each transaction.

(This election may be made once in any 6 month period.)


(All fees due the Broker must be included on the transaction’s HUD-1 statement and paid through the close of escrow unless waived by Broker.)


**Transactions can be defined as individual tax id number or parcel.**


Contractor may elect to charge the buyers' agent on the Contractor’s listings (also referred as “MLS fee”). If charged, and collected at closing, this transaction fee will be divided equally between the Contractor and Broker. Any other fees charged by the Contractor to Buyers or Sellers will be retained by the Contractor.


Broker deductions on all commissions other than sales closings are 10% of the gross amount of fees or commissions earned up to a maximum of $250 with no Risk Management charge.


RENTALS:

Charles Rutenberg Realty will charge a flat fee of $250 for all rental listings. (Regardless of amount collected for fee from landlord or personally owned.) When earning a fee for referring a tenant to the Lease Listing Agent or Landord, the fee is 10% with max of $250. Commercial rentals are 10% up to $15,000. (See rules for Non-Commercial Sales Associates working on a Commercial Transactions.)


LIMITED SERVICE LISTINGS:

If an upfront fee is charged, Broker takes 10% with a max of $250. If/when property closes, E&O, 1/2 of MLS fee (if collected) and Transaction Fee (if applicable based on plan) are due to Broker.


COMMERCIAL BROKERAGE:

10% on all transactions including residential, capped at $15,000 per transaction. If no fee is collected, $290 ($350 principal) is due to Broker. All residential agents MUST have approval by the Broker for any Commercial Transactions.

In consideration of the foregoing, Contractor will pay Broker monthly by debit or credit card:

- $35 a month (for Charles Rutenberg Realty, Inc./Charles Rutenberg Realty, Associates - Silver plan)

- $75 a month (for Charles Rutenberg Realty, Inc/ Charles Rutenberg Realty, Associates - Gold Plan)

- $39 a month (for Commercial agents regardless the type of transaction).


4. Occupational License Fee – Contractor agrees to reimburse the Broker for the amount of the Occupational License Fee charged to the Broker, by any municipality or other governmental entity, for the employment of the Contractor. The City of Clearwater currently charges an annual fee of $33.00, due and payable in September of each calendar year. The Contractor hereby agrees to reimburse the Broker for this amount, or any future adjusted amount, by authorization of a credit card charge, which is hereby granted.


5. Monthly Obligation & Commission Plans - Contractor acknowledges that monthly dues and annual Occupational License fees are a legal obligation and agrees to make timely payments as agreed to. Contractor may elect to change programs (Silver / Gold, residential only) with written notice to Broker prior to the first day of any month. The change will become effective on the first day of the month following such written notice. This election may be made once in any 6 month period. All agents revert to "Silver" when an agent leaves the Broker for commissions earned and not active with the brokerage.


6. Errors & Omissions Insurance - The Errors and Omissions Insurance carrier shall be chosen at Broker's discretion. Contractor understands that he/she is responsible for payment of the deductible amount (currently $5,000.00) upon request, for each Errors and Omissions claim. Contractor shall immediately notify Broker of any circumstances likely to give rise to any kind of claim or complaint against Contractor and/or Broker. Failure to provide all required documentation, a waiver acknowledging full responsibility of E&O deductible (signed by Independent Contractor), will be required prior to getting paid. In the event of a claim, lawsuit, license complaint or Arbitration demand which is not wholly covered by insurance, Broker may withhold from Contractor's commissions payable, an amount adequate to satisfy any amounts not covered, which Broker shall place in its Claims and Disputes Retention Account, pending settlement or other disposition of the matter. Broker may, in Broker's sole discretion, apply such sums as necessary to settle or to satisfy any such claim or award, and Contractor agrees to cooperate fully in this regard. Contractor understands that, from time to time, the Principals of Broker may deem it necessary to obtain legal consultation concerning one of Contractors’ transactions, Contractor agrees to reimburse and indemnify Broker for any Attorney's fee reasonably incurred by Broker to obtain legal advice concerning such transactions(s).


7. Agent As Principal (Buyer or Seller of Property) - In the event Contractor intends to enter into any transaction as a principal, or an immediate relative that Contractor is representing intends to enter into any transaction, or any entity owned or controlled by Contractor, Contractor pays the office a transaction fee and risk management fee whether a commission is earned or not, whether property is in MLS or not. In any event, Contractor agrees to indemnity and hold Broker harmless from any claims, demands, complaints, Realtor® arbitration's or other actions made against Broker as a result of any transaction in which Contractor acts as a principal. In lieu of the Error and Omissions charge, a Principal Fee of $100 will be charged on all transactions in which the Contractor is either the Buyer or Seller.

Residential Agents will NOT have E&O coverage when selling their own Personal Vacant land or Commercial property


8. Hold Harmless - As a material provision of this agreement, Contractor agrees that, for all actions that Contractor does during his/her contractual relationship with Broker, Contractor will forever indemnity and hold harmless Broker, their heirs, successors, spouses and assigns, from any and all claims, complaints, causes of action, Realtor® arbitration demands, damages and liabilities of every kind whatsoever, whether known or unknown, including without limitation of any action, omission, negligence or any other basis of liability or complaint, in any forum, brought by any third party against "Broker". No action or complaint arising out of a real estate transaction in which Broker was involved may be brought by Contractor before anybody, against any third party, without prior written consent of the Broker. If the Broker initiates any litigation or arbitration action on behalf of the Contractor or if the Broker must defend any action of the Contractor in litigation or arbitration, Contractor will pay all related filing fees and attorney fees.


9. Protection of Contractor’s Listings and Contracts - In the event that Contractor terminates his/her contractual relationship with Broker for any reason, any and all listings obtained through the efforts of Contractor during the term of this Agreement shall be withdrawn by contractor and relisted with Contractor’s new brokerage, without penalty once any outstanding balance for dues, charges or fees to Charles Rutenberg Realty are brought up to date. Pending sales will be referred to Contractor’s new brokerage with a referral fee equal to the transaction fee and risk management fee owed to "Broker". Should no referral be executed, the split will be 50/50


10. Transaction Defined – For purposes of this Agreement, the term “transaction” shall be defined as the recording of the deed following the sale of real estate, or the execution by all parties of a lease, where a commission is paid to Broker as a result of the efforts of Contractor. Contractor agrees that Broker has the right to hold and/or apply any commissions owing to Contractor, as may be necessary to pay for or secure any obligations of Contractor here under.


11. Termination Of Agreement - This Agreement may be terminated immediately by Broker for any reason, or upon three calendar days written notice by Broker or Contractor. Contractor agrees that a violation of any of Contractor's obligations hereunder shall constitute cause for immediate termination of this Agreement. In the event this Agreement is terminated by Broker for cause, Contractor agrees that any ongoing obligations of Contractor hereunder shall survive the termination of this Agreement.


12. Mediation Of Disputes - In the event of a dispute involving two or more contractors, all of whom are licensed with "Broker", Contractor authorizes the Designated "Broker" sole and absolute discretion in resolving said dispute. Contractor agrees to abide by the decision of the Designated Broker. Contractor also agrees to hold harmless and indemnify "Broker" and its Designated Broker against any claim, action or lawsuit of any kind, and from any loss, judgment, or expense, including attorneys' fees, arising from or relating in any way to the resolution of said dispute.


13. Agent Information - Contractor will keep office updated with any changes to their personal information such as mailing address, phone numbers, credit card, email address, etc.


14. Broker's Marketing Authorization – Contractor authorizes and acknowledges that Broker may use the contractor’s name, photograph, and/or closing information for company promotion, email campaigns, and marketing activities unless a written request to opt out is received and filed with the company.


15. Do Not Call - Contractor may not solicit anyone on the Do Not Call list. It is the Contractor's responsibility to check all phone numbers against a Do Not Call list.


16. Non-Compliance Fee - All executed documents will be uploaded into the Rutenberg file system within 48 hours of execution. Due to compliance regulations, Charles Rutenberg Realty reserves the right to impose a $100 Non-Compliance Fee for a Missing File, Listing Agreement or Contract that is 30 days past execution. This Fee will be deducted from Contractor's commission check.


17. No Project Management Allowed - There is absolutely No Project Management allowed. E&O Insurance Coverage is not provided.


18. The CHARLES RUTENBERG REALTY POLICY MANUAL is an extension of this Agreement. Contractor agrees to read and abide by the provisions of the Policy Manual which is located and available at www.RutenbergFiles.com in the Dashboard under CRR Policy Manual


Charles Rutenberg Realty reserves the right to modify this agreement and will notify all Contractors of any such changes via email.

The undersigned agree to the terms and conditions set forth above and acknowledge receipt of a copy hereof.

Broker: CHARLES RUTENBERG REALTY, Inc.

CHARLES RUTENBERG REALTY ASSOCIATES, INC.

CR COMMERICAL REALTY, INC.