Mentoring & Finders Fee Agreement

This agreement is entered into on this _____ day of __________, 2008 in Fulton County Georgia, between

______________________________ hereafter referred to as the “Mentor”, and _______________________________ hereafter referred to as the “Partner or Associate”. The purpose of this agreement is to identify the terms and conditions in which both parties agree to partner their efforts pertaining to the Real Estate Transaction describer herein, and the percentage of expenses and income that will be shared. For the purpose of this agreement, the term "Mentor & Partner" are both members of The Commercial One Team. When working with a non-members of this team, the terms shall be "Mentor & Associate".

Details of Transaction: _______________________________________________________________________________________________

_______________________________________________________________________________________________

Effort: Partner - The Mentor is responsible to supervise the efforts of the Partner as determined by the Mentor. The actual work and/or time involved may not be in proportion to the compensation percentage (%), as the Mentor is directing many of the efforts that the Partner will perform. BOTH THE MENTOR AND THE PARTNER ARE MEMBERS OF THE COMMERCIAL ONE TEAM, LLC. and shall share in the marketing expenses equally. Both parties will provide their best efforts to the outcome of the sale. 

Efforts: Associate - The Mentor is completely responsible for all efforts and expenses involved in bring this transaction to closing. The Associate WILL make the preliminary introduction,  and subsequent assist the mentor as necessary to maintain the relationship. The Associate is working for a "Finders Fee", and will receive payment only if the named (above) transaction should close.  

Select ONE of the relationships below:

_____ Commissions Split - Mentor & Partner: (Commercial One Team Members)

Compensation: The Mentor and Partner shall provide their best efforts in the performance of reaching a closed sale transaction, and total commission that has been stated in the final sales contract and provided by the closing attorney at closing. This total commission shall be payable to The Commercial One Team, that will retain 20% of the total as retention compensation for its efforts (unless otherwise agreed to in writing). The remaining total commission shall be paid ______% to the Mentor, and ______%  to the Partner.

_____ Finders Fee - Mentor & Associate : (Non-Commercial One Team Members)

As a method to compensate non-members of this team for providing leads, Mentors agree to structure their relationship to a “Finders Fee”. All work and expenses beyond the preliminary introduction will be handled by the Mentor. The Associate will assist the Mentor in minor roles as necessary to close the transaction to the benefit of both parties. All commissions are payable to The Commercial One and the team will retain its 20% (or as agreed in writing) retention fee.  The remaining commission will be paid to the Mentor, and the Mentor, as part of his/her sales expenses, shall provide the Associate ____ % of the remaining commissions received.

Both (signed) parties agree to all the above terms and conditions of their relationship.

X_________________________________________/ls       X_________________________________________/ls

                   (signed)    Mentor                                                      (signed)     Partner   or   Associate

Address:___________________________________          Address: ______________________________________