Brokers’ Compensation Clause Samples

The Broker’s Compensation clause defines how and when a broker will be paid for their services in a transaction, typically involving real estate or business deals. It outlines the amount or percentage of commission the broker is entitled to, specifies the conditions under which payment is due (such as upon closing or execution of a contract), and may address who is responsible for payment. This clause ensures that the broker’s right to compensation is clearly established, preventing disputes and clarifying financial obligations for all parties involved.
Brokers’ Compensation. Except as may be provided in the “Plan of Distribution” section of the Prospectus, which may be amended or supplemented from time to time, as compensation for completed sales and ongoing shareholder services rendered by Broker hereunder, ▇▇▇▇▇▇ is entitled, on the terms and subject to the conditions herein, to the compensation set forth on Schedule I hereto.
Brokers’ Compensation. Owner agrees to pay to Broker a leasing commission of % of one full month’s rent in any of the following events: a. The lease of the Property during the term of this Agreement, whether procured by ▇▇▇▇▇▇, Owner, or a third person; b. The lease of the Property, within days after the Expiration Date or termination of this Agreement, to anyone to whom Broker or any cooperating Broker has shown the Property, or with whom the Broker or any cooperating Broker has negotiated concerning the Property (“Prospective Tenants”) prior to the Expiration Date or termination of this Agreement. Provided, however, ▇▇▇▇▇▇ shall deliver to Owner a list in writing of the name or names of such Prospective Tenants on the Expiration Date, or within ten (10) days of the notice of termination. If Owner enters into an exclusive listing agreement with another licensed real estate broker with respect to the Property, Owner agrees to exclude the “Prospective Tenant” from any such other exclusive listing agreement for and during the period stated herein; c. If Owner refuses to lease after ▇▇▇▇▇▇ procures a Tenant who is ready, willing, and able to lease the Property, at the price and on the terms set forth herein, or at such other price and terms as shall be acceptable to Owner; d. In the event the Lease is conditioned upon an option to purchase the Property and such option is exercised, Owner shall pay the Broker a sales commission equal to % of the sales price; e. In the event the described Property is sold or exchanged during the term of this Agreement, whether procured by ▇▇▇▇▇▇, Owner, or a third person to anyone to whom Broker or any cooperating Broker has shown the Property, or with whom the Broker or any cooperating Broker has negotiated concerning the Property (“Prospective Tenants/Tenant”) prior to the Expiration Date or termination of this Agreement, Owner agrees to pay Broker a sales commission of % of the sales price. Provided, however, ▇▇▇▇▇▇ shall deliver to Owner a notice in writing containing a list of the name or names of such Prospective Tenant/ Tenants on the Expiration Date, or within ten (10) days of the notice of termination. If Owner enters into an exclusive listing agreement with another licensed real estate broker with respect to the Property, Owner agrees to exclude the “Prospective Tenant/ Tenants” from any such other exclusive listing agreement for and during the period stated herein.
Brokers’ Compensation. Except as may be provided in the Offering Memorandum, which may be amended or supplemented from time to time, as compensation for completed sales and ongoing shareholder services rendered by Broker hereunder, ▇▇▇▇▇▇ is entitled, on the terms and subject to the conditions herein, to the compensation set forth on Schedule I hereto.
Brokers’ Compensation. If the Fund has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a “Plan”), the Managing Dealer may make distribution and/or shareholder servicing payments to the Broker under the Plan in an amount and manner set forth in the Prospectus. Such payments shall be made or cause to be made at the Managing Dealer’s direction. Any distribution and/or shareholder servicing payments will be in effect with respect to the Fund only so long as that Fund’s Plan remains in effect. Except as may be provided in the “Plan of Distribution” section of the Prospectus, which may be amended or supplemented from time to time, as compensation for completed sales and ongoing shareholder services rendered by the Broker hereunder, the Broker is entitled, on the terms and subject to the conditions herein, to the compensation set forth on Schedule I hereto.
Brokers’ Compensation a. Subject to the limitations specified herein, upon the acceptance and enrollment of a Broker Party into a CARExpress program, Broker shall be entitled to receive compensation in the amounts designated on the payment schedule attached hereto as EXHIBIT B (the "Payment Schedule"). Notwithstanding the foregoing, Broker shall not be entitled to receive any compensation from CARExpress unless and until (i) Broker has provided written notice to CARExpress which identifies the particular person, entity, group account or marketing sponsor claimed by Broker as being a Broker Party (such notice referred to herein as the "Broker Party Identification Notice"); and (ii) CARExpress has received all information requested on the Membership Form from an identified Broker Party and CARExpress has received the applicable Membership Payment from such Broker Party; and (iii) CARExpress has approved the applicant Broker Party for membership in the applicable CARExpress program. As a condition to CARExpress's obligation to compensate Broker, Broker must provide CARExpress with the applicable Broker Party Identification Notice on or before the expiration of thirty (30) days following the date on which the Broker Party submits his/her/its Membership information and Membership Payment to CARExpress. Broker's failure to timely submit the applicable Broker Party Identification Notice shall void CARExpress's obligation to compensate Broker for the applicable Broker Party's acceptance and enrollment into a CARExpress program as well as any renewals of such Broker Party's membership. b. Compensation which is payable to Broker pursuant to this Agreement shall be paid weekly, in arrears, on or before the following Friday. Payment will be through wire transfer, ACH or written check as mutually agreed. It shall be Broker's sole responsibility for notifying CARExpress of any change of address, wiring information and or account numbers.
Brokers’ Compensation. BUYER agrees to pay BROKER:
Brokers’ Compensation. 8.1 The Broker shall charge a fee for provision of services in accordance with the brokerage service fees (Fees) defined in Appendix 1 to the Agreement. 8.2 The fees defined in Appendix 1 to the Agreement may be changed by the Broker from time to time in which case they shall become effective on the 11th day after notification of the Client or publication of such changes at the official website of the Broker. 8.3 The Client shall also reimburse all operational expenses of the Broker (related to execution or routing of the Client’s orders), which may occur due to the necessity to involve third parties to ensure execution of the transactions and Final Settlement, in particular, fees charged by TSs and the Broker’s Agents (other than common and regular commission fees charged in accordance with agreements executed with Agents), etc., which vary by TS, type of transaction, its value, etc. Such expenses are not included in the fees defined in Appendix 1 to the Agreement. The reports submitted to the Client shall reflect both the specified expenses and charges made by the Broker for their reimbursement. 8.4 Where the Broker acts also as the Client’s tax agent in accordance with applicable laws, the Broker shall charge all the applicable taxes and other amounts payable by the Client and transfer them to the relevant authorities. 8.5 The Broker shall charge the fees, expenses, interests, fines and penalties under these Terms and the Agreement and any other amounts payable by the Client to the Broker out of the funds provided by the Client, and/or debit them to the bank accounts of the Client without further notice, and the Client shall ensure that sufficient funds are available on those accounts at all times. Immediately after execution or routing of Order the Broker shall charge the funds to the Brokerage Account in AMD. If the funds on the Brokerage Account in AMD are not sufficient, the amounts shall be charged to the Client’s Brokerage Accounts in other currencies and converted at the rate prevailing at the bank. 8.6 The brokerage service fees do not include fees charged by Trading Systems, stock exchanges, custodians, registrars, etc. (except for clearing fees). All such fees, if payable, shall be debited to the Client’s Account. 8.7 In response to the request of the Client the Broker shall advise on sources of information related to the fees specified in clause 8.6.
Brokers’ Compensation. The Broker’s sole compensation from the Company shall be limited to a commission calculated as a percentage of the base premiums and audit premiums written and received by the Company under this Agreement. Premium taxes and surcharges are not included as premium and therefore, are not subject to commission. The Company shall charge, and the Broker shall pay, a return commission at the same rate on any return premium and return premiums on cancellations effectuated by the Company or the policyholder.
Brokers’ Compensation. Broker's compensation shall be negotiated and agreed to in writing in the format set forth on Exhibit A hereto, which is incorporated herein by reference.
Brokers’ Compensation. In consideration of the services rendered by BROKER, the OWNER agrees to pay BROKER the following forms of compensation: a. FOR SET-UP/ORIGINATION: a fee of $ to be paid at the time of execution of the contract.