P. Commission Agreement (Template).pdf

Commission Agreement

4/28/2026

April 28, 2026

NAME

COMPANY

ADDRESS

Re: Request for Lease Proposal No. 36C24W25R0073 (“RLP”) U.S. Department of Veterans Affairs (VA)

Gregory Ogin:

This letter, when signed by authorized representatives of both OWNER (Lessor) and Public Properties (Broker), will represent the Commission Agreement (“Agreement”) between Lessor and Broker with respect to Broker’s representation of the United States of America, acting by and through the U.S. Department of Veterans Affairs (“Tenant”), concerning Tenant’s lease of office space in the building located at BUILDING ADDRESS (“Property”) pursuant to the above-referenced RLP.

In the event that a lease agreement (“Lease”) is awarded to Lessor by Tenant for space in the above referenced Property, Lessor agrees to pay Broker a commission (“Commission”) to be paid in accordance with the terms of this Agreement. Per Exhibit Q of the RLP, the total commission to be paid to Public Properties, LLC is $60,000. Seventy-five percent (75%) of the Commission is $45,000 and is earned upon Lease execution. Twenty-five percent (25%) of the Commission is $15,000 and is earned upon Occupancy.

Lessor and Broker agree not to disclose confidential financial information on commission and/or credits, or any other information having an adverse effect on the agreement and will refrain from using the information for any other purpose than that for which it was furnished.

Each party shall be responsible to the other party only for the reasonably foreseeable direct damages caused by its breach of this Agreement and in no event will either party be liable to the other for any loss of or damage to revenues, profits or goodwill or other special, incidental, indirect or consequential damage of any kind resulting from its performance or failure to perform pursuant to the terms of this Agreement. In no event shall Broker’s liability for damages in connection with a claim made hereunder, including any indemnification obligation arising hereunder, exceed the amount of any commission actually received by Broker under this Agreement

Commission Agreement

4/28/2026

This Agreement contains the entire agreement between the parties with respect to the payment of a commission by the Lessor to the Broker and supersedes all prior agreements, negotiations and understandings between the Lessor and the Broker with respect to the subject matter hereof. Any representation, inducement or agreement not contained in this Agreement shall be of no force and effect. This Agreement may not be modified in any manner other than an instrument in writing signed by both parties. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

Each signatory to this Agreement represents and warrants that it has full authority to sign this Agreement on behalf of the party for whom it signs and that this Agreement binds such party. If either party is required to institute legal action against the other in connection with any dispute between Lessor and Broker relating to this Agreement or either party’s performance hereunder, the prevailing party shall be entitled to reasonable attorneys’ fees and costs.

Please indicate your acceptance and approval of the above by having an authorized individual execute this Agreement on behalf of Lessor in the space provided below and return an executed original of this letter to the undersigned.

Sincerely, Teddy Seifert

VA AUTHORIZED REPRESENTATIVE

PUBLIC PROPERTIES

AGREED AND ACCEPTED:

By: ____________________________ Date: ___________________________

Name: _______________________

Title: ________________________