Douglas Elliman Inc. Sample Contracts

Form of INDEMNIFICATION AGREEMENT
Indemnification Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • Delaware

This Indemnification Agreement (this “Agreement”) is made as of ________________ by and between Douglas Elliman Inc., a Delaware corporation (the “Company”), and ______________, [a member of the Board of Directors/an officer/an employee/an agent/a fiduciary] of the Company (“Indemnitee”). This Agreement supersedes and replaces any and all previous agreements between the Company (and its predecessors and subsidiaries) and Indemnitee covering indemnification and advancement.

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RESTRICTED SHARES AWARD AGREEMENT PURSUANT TO THE DOUGLAS ELLIMAN INC.
Restricted Shares Award Agreement • December 28th, 2021 • Douglas Elliman Inc. • Blank checks • Florida

THIS AGREEMENT (the “Agreement”), made as of [Grant Date] (“Grant Date”), by and between Douglas Elliman Inc., a Delaware Corporation, with its principal office at 4400 Biscayne Boulevard, 10th Floor, Miami, FL 33137 (the “Company”), and [Participant] (the “Participant”).

EMPLOYMENT AGREEMENT
Employment Agreement • January 14th, 2022 • Douglas Elliman Inc. • Blank checks • Florida

THIS EMPLOYMENT AGREEMENT dated as of January 10, 2022, by and between Douglas Elliman Inc., a Delaware corporation (together with its successors and assigns, the “Company”), and Howard M. Lorber (the “Executive”).

DISTRIBUTION AGREEMENT by and between VECTOR GROUP LTD. and DOUGLAS ELLIMAN INC. Originally dated as of December 21, 2021, and amended and restated as of December 28, 2021
Distribution Agreement • December 28th, 2021 • Douglas Elliman Inc. • Blank checks • New York

This DISTRIBUTION AGREEMENT, originally dated as of December 21, 2021 (the “Original Agreement”) and amended and restated as of December 28, 2021 (this “Agreement”), is entered into by and between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco”). Each of Vector and Spinco is referred to herein as a “Party” and collectively, as the “Parties”.

Form of TRANSITIONAL TRADEMARK LICENSE AGREEMENT
Transitional Trademark License Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks • New York

This TRANSITIONAL TRADEMARK LICENSE AGREEMENT (this “Agreement”) is made and entered into as of [•]by and between New Valley LLC, a Delaware limited liability company (“Licensor”), and New Valley Ventures LLC, a Delaware limited liability company (“Licensee” and collectively with Licensor, the “Parties”).

EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN VECTOR GROUP LTD. AND DOUGLAS ELLIMAN, INC. Dated as of December 21, 2021
Employee Matters Agreement • December 28th, 2021 • Douglas Elliman Inc. • Blank checks • New York

THIS EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of December 21, 2021, is by and between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco” and, together with Vector, each, a “Party” and collectively, the “Parties”).

TRANSITION SERVICES AGREEMENT by and between VECTOR GROUP LTD. and DOUGLAS ELLIMAN INC. Dated as of December 21, 2021
Transition Services Agreement • December 28th, 2021 • Douglas Elliman Inc. • Blank checks • New York

This TRANSITION SERVICES AGREEMENT, dated as of December 21, 2021 (this “Agreement”), between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco”). Each of Vector and Spinco is referred to herein as a “Party” and, collectively, as the “Parties”.

TAX DISAFFILIATION AGREEMENT BETWEEN VECTOR GROUP LTD. AND DOUGLAS ELLIMAN INC. dated as of December 21, 2021
Tax Disaffiliation Agreement • December 28th, 2021 • Douglas Elliman Inc. • Blank checks

THIS TAX DISAFFILIATION AGREEMENT (the “Agreement”) is dated as of December 21, 2021, by and between Vector Group Ltd., a Delaware corporation (“Parent”), and Douglas Elliman Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Spinco” and, together with Parent, the “Parties”, and each, a “Party”). Unless otherwise indicated, all “Section” references in this Agreement are to sections of the Agreement.

Mr. Howard Lorber At the Address on File with the Company Dear Howard:
Employment Agreement • March 31st, 2022 • Douglas Elliman Inc. • Real estate agents & managers (for others)

On behalf of the Board of Directors of Douglas Elliman Inc. (the “Company”), we are making the following modifications to your Employment Agreement, dated as of January 10, 2022 (your “Employment Agreement”), by and between the Company and you.

CONFIDENTIAL TREATMENT REQUESTED BY DOUGLAS ELLIMAN INC. PURSUANT TO CFR SECTION 200.83 **
Employee Matters Agreement • October 21st, 2021 • Douglas Elliman Inc. • Blank checks • New York

THIS EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of [•], 2021, is by and between Vector Group Ltd., a Delaware corporation (“Vector”), and Douglas Elliman Inc., a Delaware corporation (“Spinco” and, together with Vector, each, a “Party” and collectively, the “Parties”).

Form of Non-exclusive Aircraft Lease Agreement]
Aircraft Lease Agreement • December 7th, 2021 • Douglas Elliman Inc. • Blank checks

This NON-EXCLUSIVE AIRCRAFT LEASE AGREEMENT (this “Agreement”) is entered into as of this [ ] day of [ ]2021 (the “Effective Date”), by and between [VECTOR GROUP MEMBER], a Delaware limited liability company (“Lessor”), and [DOUGLAS ELLIMAN GROUP MEMBER], a [Delaware] [corporation] (“Lessee”).

SETTLEMENT AGREEMENT
Settlement Agreement • April 29th, 2024 • Douglas Elliman Inc. • Real estate agents & managers (for others)

This Settlement Agreement (“Settlement Agreement”) is made and entered into this 26th day of April, 2024 (the “Execution Date”), by and between Defendants Douglas Elliman Inc. and Douglas Elliman Realty, LLC (“Douglas Elliman”) and Plaintiffs Don Gibson, Lauren Criss, John Meiners, and Daniel Umpa, (collectively “Plaintiffs”), who filed suit in the above captioned actions (now consolidated) both individually and as representatives of one or more classes of home sellers. Plaintiffs enter this Settlement Agreement both individually and on behalf of the Settlement Class, as defined below.

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