Common use of AS AGENT FOR BOTH - INTERMEDIARY Clause in Contracts

AS AGENT FOR BOTH - INTERMEDIARY. To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary: • Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically authorized in wriƟng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; and ᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

AS AGENT FOR BOTH - INTERMEDIARY. To act as an intermediary between the parƟes the broker must first first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary: • Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a different different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically specifically authorized in wriƟng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offeroffer; and ᴑ any confidenƟal confidenƟal informaƟon or any other informaƟon that a party specifically specifically instructs the broker in wriƟng not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner firstfirst. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

AS AGENT FOR BOTH - INTERMEDIARY. To act as an intermediary between the parƟes par�es the broker must first rst obtain the wriƩen wri�en agreement of each party to the transacƟontransac�on. The wriƩen wri�en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons obliga�ons as an intermediary. A broker who acts as an intermediary: • Must treat all parƟes par�es to the transacƟon imparƟally transac�on impar�ally and fairly; • May, with the parƟespar�es' wriƩen wri�en consent, appoint a different different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons instruc�ons of each party to the transacƟontransac�on. • Must not, unless specifically specically authorized in wriƟng wri�ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen wri�en asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed submi�ed in a wriƩen offerwri�en offer; and ᴑ any confidenƟal informaƟon conden�al informa�on or any other informaƟon informa�on that a party specifically specically instructs the broker in wriƟng wri�ng not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon transac�on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner firstrst. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes du�es and responsibiliƟes responsibili�es to you, and your obligaƟons obliga�ons under the representaƟon representa�on agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

AS AGENT FOR BOTH - INTERMEDIARY. To act as an intermediary between the parƟes par�es the broker must first first obtain the wriƩen wri�en agreement of each party to the transacƟontransac�on. The wriƩen wri�en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons obliga�ons as an intermediary. A broker who acts as an intermediary: • Must treat all parƟes par�es to the transacƟon imparƟally transac�on impar�ally and fairly; • May, with the parƟespar�es' wriƩen wri�en consent, appoint a different different license holder associated with the broker to each party (owner and buyerxxxxxxxx) to communicate with, provide opinions and advice to, and carry out the instrucƟons instructoons of each party to the transacƟontransac�on. • Must not, unless specifically specifically authorized in wriƟng wri�ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed submi�ed in a wriƩen offerwri�en offer; and ᴑ any confidenƟal informaƟon confiden�al informa�on or any other informaƟon informa�on that a party specifically specifically instructs the broker in wriƟng wri�ng not to disclose, unless required to do so by law. law AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon transac�on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner firstfirst. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes du �es and responsibiliƟes responsibili�es to you, and your obligaƟons obliga�ons under the representaƟon representa�on agreement. • Who will pay the broker for services provided prov ided to you, when payment will be made and how the payment will be calculated.

AS AGENT FOR BOTH - INTERMEDIARY. To act as an intermediary between the parƟes par�es the broker must first first obtain the wriƩen wri�en agreement of each party to the transacƟontransac�on. The wriƩen wri�en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons obliga�ons as an intermediary. A broker who acts as an intermediary: • Must treat all parƟes par�es to the transacƟon imparƟally transac�on impar�ally and fairly; • May, with the parƟespar�es' wriƩen wri�en consent, appoint a different different license holder associated with the broker to each party (owner and buyerxxxxxxxx) to communicate with, provide opinions and advice to, and carry out the instrucƟons instructoons of each party to the transacƟontransac�on. • Must not, unless specifically specifically authorized in wriƟng wri�ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed submi�ed in a wriƩen offerwri�en offer; and ᴑ any confidenƟal informaƟon confiden�al informa�on or any other informaƟon informa�on that a party specifically specifically instructs the broker in wriƟng wri�ng not to disclose, unless required to do so by law. law AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon transac�on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner firstfirst. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes du �es and responsibiliƟes responsibili�es to you, and your obligaƟons obliga�ons under the representaƟon representa�on agreement. • Who will pay the broker for services provided prov ided to you, when payment will be made and how the payment will be calculated.. LICENSE HOLDER CONTACT INFORMATION: This no�ce is being provided for informa�on purposes. It does not create an obliga�on for you to use the broker’s services. Please acknowledge receipt of this no�ce below and retain a copy for your records. Xxxxxxx Xxxxxxxxxx Ventures LLC 0590777 xxxxxxx@xxxxxxxxxxxx.xxx 281-489-8800 Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone Xxxx Xxxxxxx Xxxxxxxxxx III 0505246 xxxxxxx@xxxxxxxxxxxx.xxx 281-489-8800 Designated Broker of Firm License No. Email Phone Xxxxx Xxxxxxxx 83518 xxxxx@xxxxxxxxxxxx.xxx 281-489-8800 Licensed Supervisor of Sales Agent/ Associate License No. Email Phone Xxxxxxx Xxx 682574 xxxxxxx@xxxxxxxxxxxx.xxx 281-489-8800 Sales Agent/Associate’s Name License No. Email Phone Regulated by the Texas Real Estate Commission Buyer/Tenant/Seller/Landlord Initials Date Information available at xxx.xxxx.xxxxx.xxx