To qualify for the 2.5% Referral Fee as set forth in the Broker Co-op Agreement, brokers/agents must comply with the following:

1. Brokers/agents must register their clients within 7-business days of client's first visit to the ONE Mission Bay Sales Gallery. If the client visits the Sales Gallery a second time without representation, a referral fee will not be paid.
2. Both Agent & Client must sign this Broker Registration form.
3. Registration is valid for 90 days from the date of registration “registration period”. Registration automatically terminates at the end of 90 days. Prior to expiration, brokers/ agents must re-register their clients for a 90-day extension in order to qualify for the referral fee. It is the broker/agents responsibility to re-register their clients.
4. If client has not signed a purchase contract within the registration period, Seller will not be obligated to pay broker a referral fee.
5. The 2.5% Referral Fee (on base purchase price, excluding options, credits, and upgrades) is only paid when: There is a valid Broker Registration signed by both the Client and Broker
• The Broker Co-Op Agreement has been signed by Client and Broker
• The Agency Disclosure is completed in the purchase contract
• Successful closing of escrow on purchase of a ONE Mission Bay unit
6. If Client has not contacted the ONE Mission Bay Sales Gallery with regard to their interest in purchasing a unit for 6-months or longer, Client may re-engage with a Broker at first visit of initial reengagement.

Both client and broker acknowledge that broker is representing client for the next 90 days at ONE Mission Bay and subject to the conditions stated herein, broker will be paid a referral fee upon successful closing on a home purchased by client during this registration period. Both parties accept the terms of registration as listed above.