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<br />------ <br /> <br />l"\ InD PIWI'ERTlE,'i BROh:ER,\Cr Co,,,'\ \, <br />SCHEDl U: OF LE.'\sl:: CO:\J'"SSIO\S <br /> <br />For Property at: <br /> <br />Roseville Ice Arena and John Rose \Imne:sota O\al. RosenIle:. \Imne:sota <br /> <br />LEASES OR SUBLEASES: <br /> <br />........ <br /> <br />Owner agrees to compensate Broker at the rate ofS150.00 per hour (minimum of I/~ <br />hour) for preliminary marketing time and materials to be invoiced monthly up to a maximum of <br />$2,000.00. <br /> <br />. ,. -' .' ."' <br /> <br />Commission shall be earned on execution of a Ie:ase or leases for the leasable an~a of <br />the building by Owner and a tenant or tenants In accordance- at a commISSion rate' of S.~ ,00 per <br />square foot if no co-broker is im'olved. or S-L:iO per square: toot I fa co.broke-r dc:al J" II1\oi \c:d <br />for the restaurant location and 55.000 Ifno co-broker IS Im'ohe:d or S7,500 If a co-broker h <br />involved for the pro shop space, Said commissions shall be payable one-half upon ,-'''-ccution l)f <br />the Lease by both parties and one-half upon the Tenant openmg for business in the Premise:s, <br /> <br />The provisions hereof are subject to the tenns and provisions of the Exclusive Leasmg <br />Agreement which is executed by the parties hereto. <br /> <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 bear interest at the maximum rate pennitted in <br />the State of Minnesota. If Broker is required to institute legal action against Owner relating to <br />this Schedule or any agreement of which it is a part. Broker shall be entitled to reasonabk <br />attorneys' fees and costs. <br /> <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 used herein shall be dee:med to <br />include the owner of property, a tenant under a ground lease and a tenant of property wishing tl) <br />effect a sublease, lease assignment, or lease cancellation. The term "tenant" as used herem 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 /> <br />APPROVED THIS <br /> <br />DA Y OF <br /> <br />,19_. <br /> <br />OWNER: City of Roseville, Department of Parks and Recreation <br /> <br />By: <br /> <br />BROKER: United Properties Brokerage Company <br /> <br />By: <br /> <br /> <br />/ <br />