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LTN TED PROPERTIES BROKER.-kGE COMPANY <br /> SCHEDULE OF LEASE COMMISSIONS <br /> For Property at: Roseville lle lc e Arena and John lose Nlinneso to Oval. Rose%-i 11 e, Minnesota <br /> LEASES OR SUBLEASES: <br /> Owner agrees to compensate Broker at the rate of S15o.00 per hour(minimum of',-4� <br /> hour) for preliminary marketing time and materials to be invoiced monthly up to a maximum of <br /> 2,00o.00. <br /> Commission shall be earned on execution of a lease or leases for the leasable area of <br /> the building by Owner and a tenant or tenants in accordance at a comm r ss ion rate of S:3.0 0 PCr <br /> square-foot i f no co-broker is involved, or S4.50 per square toot If a co-broker dea 1 is i m-o k-ed <br /> for the restaurant location and S5.000 if no co-broker is MN,olved or S7,500 it a co-broker is <br /> involved for the pro shop space. Said commissions shall be payable one-halt'upon execution of <br /> the Lease by both parties and one-half upon the Tenant opening for business in the Premises. <br /> The F rovisions hereof are subject to the terms and provisions of the Exclusive Leasing <br /> Agreement which is executed by the parties hereto. <br /> In the event owner fails to make payments within the time limits set forth herein, then from the <br /> date due until paid the delinquent amount shall hear interest at the maximum rate permitted in <br /> the State of Minnesota. If Broker is required to institute legal action against ON�fner relating to <br /> this Schedule or any agreement of which it is a part, Broker shall be entitled to reasonable <br /> attorneys' fees and costs. <br /> Owner hereby acknowledges receipt of a copy of this Schedule and agrees that it shall be binding <br /> upon its heirs, successors and assignees. The term "Owner" as uscd herein sh al 1 be deemed to <br /> include the owner o f property, a tenant under a ground lease and a tenant of prop ert- i shin g to <br /> effect a sublease, lease assignment, or lease cancellation. The term ft"tenants' as used herein shall <br /> be deemed to include any subtenant or assignee of owner, and the term"lease' shall be deemed <br /> to include a sublease or lease assignment. <br /> APPROVED THIS DAY of , i <br /> OWNIER: City of Roseville,Department of Parks and Recreation <br /> n <br /> Bye4 <br /> BROKER: United Properties Brokerage Compaiav <br /> BV: <br /> Michael L. nior Vice President- Retail <br />