Common use of Additional Agreement Terms Clause in Contracts

Additional Agreement Terms. If Property enters into a Transaction contract prior to the expiration of this Listing Agreement, then the Effective Period for this Listing Agreement shall automatically be extended to the closing date of that Transaction contract. The requirement for Listing Agent to list Property on the MLS shall be automatically terminated upon the lease or sale of Property. Principal agrees to abide by all federal, state, and local laws, including those prohibiting housing discrimination. Principal agrees not to use the name of Listing Agent or ▇▇▇▇▇▇▇▇.▇▇▇ in marketing Property prior to submitting the MLS listing order for Property. The MLS will fine for marketing a Property using the name of Listing Agent or ▇▇▇▇▇▇▇▇.▇▇▇ if that Property is not listed in the MLS, and Principal agrees to pay all fines incurred by Listing Agent for such marketing by Principal. If Principal chooses to have a ▇▇▇▇▇▇▇▇.▇▇▇ or Listing Agent branded yard sign installed, Principal agrees to submit the MLS listing order on the same day as the yard sign is installed in order to avoid any MLS fine. Principal agrees to only submit listings where Principal is listed on title in the public record. All other listings, including equitable interest listings, are prohibited by MLS rules and will result in a fine that is charged to Principal. Principal agrees to review the completed .pdf copy (“Proof”) of how the listing appears on the MLS and submit any corrections within 1 business day of receipt of Proof. Principal acknowledges that the listing expiration date noted on the MLS listing may vary slightly from the stated Effective Period due to delays in MLS entry or MLS activation. Should there be any conflict between the listing expiration date noted in the MLS (“MLS Expiration”) and the listing expiration date calculated based off of the Effective Period (“Calculated Expiration”), Principal agrees that the MLS Expiration shall supersede the Calculated Expiration and that all terms and conditions of this Listing Agreement shall apply to the MLS Expiration the same as they would to the Calculated Expiration. Principal may bring forward the expiration date of the MLS listing by submitting an MLS listing change request using the ▇▇▇▇▇▇▇▇.▇▇▇ website MLS listing change form. This Listing Agreement constitutes the entire understanding and agreement of Principal and Listing Agent with respect to its subject matter, and any other prior agreements, understandings or representations are hereby terminated and canceled in their entirety and are of no further force and effect. This Listing Agreement may be executed in two or more separate counterparts, each of which, when so executed, shall be deemed to be an original. Such counterparts shall together constitute and be one and the same instrument. A copy of any such counterpart, transmitted via facsimile or by electronic transmission shall have the same effect as if such copy was an original. Each of the terms and provisions contained herein shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs, personal representatives, successors and assigns. Should any provision of this Listing Agreement be determined to be invalid or unenforceable, the remainder of this Listing Agreement shall nonetheless remain in full force and effect. Resolution of any legal dispute beyond arbitration shall take place in the exclusive jurisdiction of California state courts in the county where Listing Broker’s main office is located. California state law governs this Agreement, regardless of any conflicts it may have with any other state law. Principal acknowledges by its signature below that Principal would not have signed this Listing Agreement unless Principal had ample time to review the foregoing items or any other attachments referenced above, fully understood all noted documentation, and had the opportunity to seek advice on the ramifi cations of all of the above. If Principal is not an individual, the person signing on the behalf of Principal hereby states that they have the authority to do so. Principal 1 Sign: Date: 24Feb2020 23:44:00

Additional Agreement Terms. If Property enters into a Transaction contract prior to the expiration of this Listing Agreement, then the Effective Period for this Listing Agreement shall automatically be extended to the closing date of that Transaction contract. The requirement for Listing Agent to list Property on the MLS shall be automatically terminated upon the lease or sale of Property. Principal agrees to abide by all federal, state, and local laws, including those prohibiting housing discrimination. Principal agrees to abide by all Truth in Lending Act (TILA) / Regulation Z laws. Principal agrees to indemnify, defend and hold Listing Agent harmless for any violation of the aforementioned laws by Principal. Principal and Listing Agent agree that should Listing Agent cease to serve as an independent contractor or employee for ▇▇▇▇▇▇▇▇.▇▇▇, then Principal’s MLS Listing shall be transferred to the agent that ▇▇▇▇▇▇▇▇.▇▇▇ appoints to replace Listing Agent and all existing Listing Agreement terms and conditions shall remain in effect. Principal agrees not to use the name of Listing Agent or ▇▇▇▇▇▇▇▇.▇▇▇ in marketing Property prior to submitting the MLS listing order for Property. The MLS will fine for marketing a Property using the name of Listing Agent or ▇▇▇▇▇▇▇▇.▇▇▇ if that Property is not listed in the MLS, and Principal agrees to pay all fines incurred by Listing Agent for such marketing by Principal. If Principal chooses to have a ▇▇▇▇▇▇▇▇.▇▇▇ or Listing Agent branded yard sign installed, Principal agrees to submit the MLS listing order on the same day as the yard sign is installed in order to avoid any MLS fine. Principal acknowledges that many MLSs prohibit the use of signage which displays the logo, name, or contact information of any person or company that is not the Listing Agent. Additionally, many MLSs prohibit the use of “by owner”, “FSBO”, “for sale by owner”, and similar terms on signage. Principal agrees to pay any signage related fines issued by the MLS to Listing Agent. Principal agrees to only submit listings where Principal is listed on title in the public record. All other listings, including equitable interest listings, are prohibited by MLS rules this Listing Agreement and will result in a an MLS fine that is charged to Principal. Principal agrees to review the completed .pdf copy (“Proof”) of how the listing appears on the MLS and submit any corrections within 1 business day of receipt of Proof. Principal acknowledges that the listing expiration date noted on the MLS listing may vary slightly from the stated Effective Period due to delays in MLS entry or MLS activation. Should there be any conflict between the listing expiration date noted in the MLS (“MLS Expiration”) and the listing expiration date calculated based off of the Effective Period (“Calculated Expiration”), Principal agrees that the MLS Expiration shall supersede the Calculated Expiration and that all terms and conditions of this This Listing Agreement shall apply to expire at 11:59pm (based upon the timezone of the MLS Expiration main office) on the same as they would to the Calculated Expirationexpiration date. Principal may bring forward the expiration date of the MLS listing by submitting an MLS listing change request using the ▇▇▇▇▇▇▇▇.▇▇▇ website MLS listing change form. This Listing Agreement constitutes the entire understanding and agreement of Principal and Listing Agent with respect to its subject matter, and any other prior agreements, understandings or representations are hereby terminated and canceled in their entirety and are of no further force and effect. This Listing Agreement may be executed in two or more separate counterparts, each of which, when so executed, shall be deemed to be an original. Such counterparts shall together constitute and be one and the same instrument. A copy of any such counterpart, transmitted via facsimile or by electronic transmission shall have the same effect as if such copy was an original. Each of the terms and provisions contained herein shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs, personal representatives, successors and assigns. Should any provision of this Listing Agreement be determined to be invalid or unenforceable, the remainder of this Listing Agreement shall nonetheless remain in full force and effect. Resolution of any legal dispute beyond arbitration shall take place in the exclusive jurisdiction of California state courts in the county where Listing Broker’s main office is located. California state law governs this Agreement, regardless of any conflicts it may have with any other state law. Principal acknowledges by its signature below that Principal would not have signed this Listing Agreement unless Principal had ample time to review the foregoing items or any other attachments referenced above, fully understood all noted documentation, and had the opportunity to seek advice on the ramifi cations of all of the above. If Principal is not an individual, the person signing on the behalf of Principal hereby states that they have the authority to do so. Principal 1 Sign: Date: 24Feb2020 23:44:00.

Additional Agreement Terms. If Property enters into a Transaction contract prior to the expiration of this Listing Agreement, then the Effective Period for this Listing Agreement shall automatically be extended to the closing date of that Transaction contract. The requirement for Listing Agent to list Property on the MLS shall be automatically terminated upon the lease or sale of Property. Principal agrees to abide by all federal, state, and local laws, including those prohibiting housing discrimination. Principal agrees to abide by all Truth in Lending Act (TILA) / Regulation Z laws. Principal agrees to indemnify, defend and hold Listing Agent harmless for any violation of the aforementioned laws by Principal. Principal and Listing Agent agree that should Listing Agent cease to serve as an independent contractor or employee for ▇▇▇▇▇▇▇▇.▇▇▇, then Principal’s MLS Listing shall be transferred to the agent that ▇▇▇▇▇▇▇▇.▇▇▇ appoints to replace Listing Agent and all existing Listing Agreement terms and conditions shall remain in effect. Principal agrees not to use the name of Listing Agent or ▇▇▇▇▇▇▇▇.▇▇▇ in marketing Property prior to submitting the MLS listing order for Property. The MLS will fine for marketing a Property using the name of Listing Agent or ▇▇▇▇▇▇▇▇.▇▇▇ if that Property is not listed in the MLS, and Principal agrees to pay all fines incurred by Listing Agent for such marketing by Principal. If Principal chooses to have a ▇▇▇▇▇▇▇▇.▇▇▇ or Listing Agent branded yard sign installed, Principal agrees to submit the MLS listing order on the same day as the yard sign is installed in order to avoid any MLS fine. Principal acknowledges that many MLSs prohibit the use of signage which displays the logo, name, or contact information of any person or company that is not the Listing Agent. Additionally, many MLSs prohibit the use of “by owner”, “FSBO”, “for sale by owner”, and similar terms on signage. Principal agrees to pay any signage related fines issued by the MLS to Listing Agent. Principal agrees to only submit listings where Principal is listed on title in the public record. All other listings, including equitable interest listings, are prohibited by MLS rules this Listing Agreement and will result in a an MLS fine that is charged to Principal. Principal agrees to review the completed .pdf copy (“Proof”) of how the listing appears on the MLS and submit any corrections within 1 business day of receipt of Proof. Principal acknowledges that the listing expiration date noted on the MLS listing may vary slightly from the stated Effective Period due to delays in MLS entry or MLS activation. Should there be any conflict between the listing expiration date noted in the MLS (“MLS Expiration”) and the listing expiration date calculated based off of the Effective Period (“Calculated Expiration”), Principal agrees that the MLS Expiration shall supersede the Calculated Expiration and that all terms and conditions of this Listing Agreement shall apply to the MLS Expiration the same as they would to the Calculated Expiration. Principal may bring forward the expiration date of the MLS listing by submitting an MLS listing change request using the ▇▇▇▇▇▇▇▇.▇▇▇ website MLS listing change form. This Listing Agreement constitutes the entire understanding and agreement of Principal and Listing Agent with respect to its subject matter, and any other prior agreements, understandings or representations are hereby terminated and canceled in their entirety and are of no further force and effect. This Listing Agreement may be executed in two or more separate counterparts, each of which, when so executed, shall be deemed to be an original. Such counterparts shall together constitute and be one and the same instrument. A copy of any such counterpart, transmitted via facsimile or by electronic transmission shall have the same effect as if such copy was an original. Each of the terms and provisions contained herein shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs, personal representatives, successors and assigns. Should any provision of this Listing Agreement be determined to be invalid or unenforceable, the remainder of this Listing Agreement shall nonetheless remain in full force and effect. Resolution of any legal dispute beyond arbitration shall take place in the exclusive jurisdiction of California state courts in the county where Listing Broker’s main office is located. California state law governs this Agreement, regardless of any conflicts it may have with any other state law. Principal acknowledges by its signature below that Principal would not have signed this Listing Agreement unless Principal had ample time to review the foregoing items or any other attachments referenced above, fully understood all noted documentation, and had the opportunity to seek advice on the ramifi cations ramifications of all of the above. If Principal is not an individual, the person signing on the behalf of Principal hereby states that they have the authority to do so. Principal 1 Sign: Seller Signature Here _ Date: 24Feb2020 23:44:001Mar2021 10:11:00_