THIS Listing Agreement (“Agreement”) is entered into on 05 May 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Owner")

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Broker")

The Owner hereby intends to grant to the Broker for a term from the date hereof, and expiring EXPIRY_DATE, the sole and exclusive right to lease and to receipt for deposit in connection therewith on the following described property located at DESCRIPTION (the “Property”). 

Lease Terms

As consideration for Broker having listed this Property and endeavouring to lease it, a brokerage fee  (the “Leasing Commission”) shall be paid by Owner in accordance with the Commission Schedule  below under the following conditions: 

When Broker procures a lease on terms set forth in this Agreement, or other terms acceptable to  Owner, or if Owner directly or through another person or entity leases the Property, a Leasing  Commission shall be paid by Owner in accordance with the Commission Schedule herein below. In  the event Owner enters into a Lease Agreement within eight (8) months after the expiration of this  listing with any person or entity who during the term of this listing received information on this  Property either directly or through the offices of Broker, a Leasing Commission shall be paid by Owner  in accordance with the Commission Schedule below

Commission Schedule: 

1. Leasing Commission

The Leasing Commission shall be the amount calculated at a rate of  COMMISSION of the total gross rentals due pursuant to the initial lease term (the “Standard  Leasing Commission”), except, in the event a broker, other than Broker, procures the Tenant (the  “Tenant Procuring Broker”), in which case the Leasing Commission shall be the gross sum of the amount calculated at a rate of TENANT_PROCURING_BROKER of the total gross rentals due pursuant to the initial lease term (the “Listing  Broker Commission”).

2. Minimum Leasing Commission

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