[Item 23: RECEIPT]

These payments are due immediately upon the finalization of each transaction.

6. Transaction Fees

Every sales or leasing transaction involves two "Transaction Sides", a "Selling Side" and a "Buying Side". Each "Transaction Side" is subject to the following Transaction Fees, payable to EXIT immediately upon the finalization of each transaction:

a) Transaction Fees (Residential and Commercial)

Each Transaction Side is subject to a Transaction Fee as follows:

• i) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $250.01 and $2,500 ("Minimum Commissions") shall be $50.
• ii) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $2,500.01 and $5,000 shall be $150.
• iii) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $5,000.01 and $10,000 shall be $225.
• iv) The Transaction Fees payable on Transaction Sides generating a gross Commission to the Franchise of between $10,000.01 and $25,000 shall be $300.
• v) The Transaction fees payable on Transaction Sides generating a gross Commission to the Franchise of over $25,000 shall be $400.

b) Partial Commissions

All Transaction Fees for Commissions on properties that are paid in installments, either before or after the closing date of the transaction will be calculated in the same manner as noted in paragraph 6.a). For example, each installment of Commission will be entered into EXIT's computer reporting system separately and the Transaction Fee will be calculated using the same formula that is used for all transactions.

c) Referrals

All Transaction Fees that pertain to referral Commissions shall be treated in the same manner as all transactions except in the case of referrals between EXIT offices. The Transaction Fees that pertain to referral Commissions between EXIT offices shall be split in direct proportion to the percentage of Commission earned. For example, the office that receives 25% of the side pays 25% of the Transaction Fee.

d) Nominal Revenue

[Item 23: RECEIPT]

These allocations are applied against the EXIT portion of each Transaction Fee after the Transaction Fee has been divided as provided in the Subfranchise Agreement between the Subfranchisor and EXIT.

The maximum Transaction Fees paid per calendar year per Sales Representative is $2,700 (pro-rated in the first calendar year).

7. Regional Development Fees

The Regional Development Fee is a fee used for the regional growth and development through advertising and promotion only within the Subfranchise region in which it is generated. Each Transaction Side is subject to the following Regional Development Fees payable to EXIT immediately upon the finalization of each transaction:

a) Regional Development Fees (Residential and Commercial)

Each Transaction Side is subject to a Regional Development Fee of $35. However, minimum Commission transactions generating a gross Commission of $2,500 or less will not be subject to a Regional Development Fee.

b) Partial Commissions

All Regional Development Fees for Commissions on all properties that are paid in installments either before or after the closing date of the transaction will be calculated in the same manner as noted in paragraph 7.a). For example, each installment of Commission will be entered into EXIT's computer reporting system separately and the Regional Development Fee will be calculated using the same formula that is used for all transactions.

c) Referrals

All Regional Development Fees that pertain to referral Commissions shall be treated in the same manner as all transactions except in the case of referrals between EXIT offices. The Regional Development Fees that pertain to referral Commissions between EXIT offices shall be split in direct proportion to the percentage of Commission earned. For example, the office that receives 25% of the side pays 25% of the Regional Development Fee.

d) Nominal Revenue

All Commissions are to be entered into MEMO and will be subject to Regional Development Fees unless the gross revenue is $2,500.00 or less.

e) Payment

EXIT Formula (U.S. Version Rev. 03.23.25)

Source: Item 23 — RECEIPT (FDD pages 42–235)