Common use of Severable Clauses Clause in Contracts

Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows: 1. Of the first $5,000.00 in total commissions earned by Associate in any calendar month, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent (50%) thereof, minus any legal or other fees, if applicable. 2. For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent (70%) thereof, minus any legal or other fees, if applicable. 3. For total commissions earned by Associate in any calendar month that are in excess of $12,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, ninety percent (90%) thereof, minus any legal or other fees, if applicable. 4. All commissions will accrue to the date of the calendar month in which the lease application was submitted to the property by the customer, also known as “Credit Date”. 5. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker and shall be credited to the Associate for the calendar month earned in accordance with the terms hereof. Regardless of any language to the contrary herein or elsewhere, upon contract termination or voluntary separation, leasing commissions earned by the Associate and received by the Broker following the termination or voluntary separation date, shall be paid out at thirty percent (30%) minus any legal fees, other fees, or reimbursements, to Associate upon receipt.

Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows: 1. Of the first $5,000.00 in total commissions earned by Associate in any calendar month, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent (50%) thereof, minus any legal or other fees, if applicable. 2. For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent (70%) thereof, minus any legal or other fees, if applicable. 3. For total commissions earned by Associate in any calendar month that are in excess of $12,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, ninety percent (90%) thereof, minus any legal or other fees, if applicable. 4. All commissions will accrue to the date of the calendar month in which the lease application was submitted to the property by the customer, also known as “Credit Date”. 5. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker and shall be credited to the Associate for the calendar month earned in accordance with the terms hereof. Regardless of any language to the contrary herein or elsewhere, upon contract termination or voluntary separation, leasing commissions earned by the Associate and received by the Broker ▇▇▇▇▇▇ following the termination or voluntary separation date, shall be paid out at thirty fifty percent (3050%) minus any legal fees, other fees, or reimbursements, to Associate upon receipt.

Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows: 1. Of the first $5,000.00 in total commissions earned by Associate in any calendar month, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent percent, (50%) thereof, minus any legal or other fees, if applicable. 2. For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent sixty percent, (7060%) thereof, minus any legal or other fees, if applicable. 3. For total commissions earned by Associate in any calendar month that are in excess of $12,000.008,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, ninety seventy percent (9070%) thereof, minus any legal or other fees, if applicable. 4. All commissions will accrue to the date of the that calendar month in during which the lease application security deposit was submitted paid to the property by the customer, also known as “Credit Date”landlord or apartment manager. 5. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker and shall be credited to the Associate for the calendar month earned in accordance with the terms hereof. 6. In the event that Associate earns in excess of $10,000.00 for any two calendar months, then and in such event, Associate shall thereafter be entitled to the following: For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent (70% thereof). Regardless of any language to the contrary herein or elsewhere, upon contract termination termination, voluntary separation or voluntary separationmoving to remote status, all leasing commissions earned by the Associate and thereafter received by the Broker following the termination or voluntary separation date▇▇▇▇▇▇, regardless of when earned, shall be paid out at thirty percent (30%) minus any legal fees, other fees, or reimbursements, to equally divided between Broker and Associate upon receipt.

Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows: 1. Of the first $5,000.00 in total commissions earned by Associate in any calendar month, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent percent, (50%) thereof, minus any legal or other fees, if applicable. 2. For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent sixty percent, (7060%) thereof, minus any legal or other fees, if applicable. 3. For total commissions earned by Associate in any calendar month that are in excess of $12,000.008,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, ninety percent seventy percent, (9070%) thereof, minus any legal or other fees, if applicable. 4. All commissions will accrue to the date of the calendar month in during which the lease application was submitted to the property by the customersubmitted, also known as “Credit Date”. 5. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker ▇▇▇▇▇▇ and shall be credited to the Associate for the calendar month earned in accordance with the terms hereof. 6. In the event that Associate earns in excess of $10,000.00 for any two calendar months, then and in such event, Associate shall thereafter be entitled to the following: For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent, (70%) thereof, minus any legal fees, if applicable. Regardless of any language to the contrary herein or elsewhere, upon contract termination or voluntary separation, leasing commissions earned by the Associate and received by Broker for the Broker 12-month (365 days) period following the termination or voluntary separation date, shall be paid out at thirty fifty percent (3050%) minus any legal fees, other fees, or reimbursements, to Associate upon receipt.. Beyond this 12-month period, Associate commissions or any fees will be voided on any invoices collected by the Broker. Associates receiving a draw against their accounts receivable agree to the following:

Severable Clauses. If any clause in this agreement is found to be invalid or unenforceable by a court of law, the remainder of this agreement will not be affected and all other provisions of this agreement will remain valid and enforceable. This Fee Schedule is attached to and a part of, that contract by and between Associate and PERCH. Leasing Commissions shall be divided as follows: 1. Of the first $5,000.00 in total commissions earned by Associate in any calendar month, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, fifty percent percent, (50%) thereof, minus any legal or other fees, if applicable. 2. For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent sixty percent, (7060%) thereof, minus any legal or other fees, if applicable. 3. For total commissions earned by Associate in any calendar month that are in excess of $12,000.008,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, ninety seventy percent (9070%) thereof, minus any legal or other fees, if applicable. 4. All commissions will accrue to the date of the that calendar month in during which the lease application security deposit was submitted paid to the property by the customer, also known as “Credit Date”landlord or apartment manager. 5. All bonuses of whatsoever nature that are paid as a result of the activities covered by this Agreement, shall be allocated an amount based on the reasonable discretion of Broker and shall be credited to the Associate for the calendar month earned in accordance with the terms hereof. 6. In the event that Associate earns in excess of $10,000.00 for any two calendar months, then and in such event, Associate shall thereafter be entitled to the following: For total commissions earned by Associate in any calendar month that are in excess of $5,000.00, ▇▇▇▇▇▇ agrees to remit to Associate, upon receipt, seventy percent (70% thereof). Regardless of any language to the contrary herein or elsewhere, upon contract termination termination, voluntary separation or voluntary separationmoving to remote status, all leasing commissions earned by the Associate and thereafter received by the Broker following the termination or voluntary separation date▇▇▇▇▇▇, regardless of when earned, shall be paid out at thirty twenty five percent (3025%) minus any legal fees, other fees, or reimbursements, to Associate upon receipt.