REAL BROKER'S Independent Contractor Agreement

REAL BROKER

INDEPENDENT CONTRACTOR AGREEMENT

Name of Agent:
Primary State Agent Licensed In: License Number:
Additional State: License Number:
Additional State: License Number:
Date of Agreement:
PARTIES
This Agreement is entered into by and between the Agent and The Real Brokerage, Inc., or any
of its entities; including but not limited to; Real Broker LLC, Real Broker Technologies Inc; Real
Broker AZ LLC; Real Broker NY, Real Broker CT LLC; Real Broker MA LLC; or Real Broker NH
LLC. Agent acknowledges he or she is licensed and duly qualified to solicit real estate as a
service to the general public in the state(s) listed above and wishes to affiliate and place his or
her license with the Company. Company desires to allow the Agent to affiliate with it according to
the terms and conditions stated herein.
In this agreement licensee is referred to as “Agent” and The Real Brokerage, Inc. entity or
entities identified as “Company”. Company and Agent are referred to individually as a “Party”
and collectively as the “Parties”.
Now, therefore, the Parties agree as follows:
TERM
This Agreement shall commence upon mutual execution of this Agreement and continue until
either party elects to terminate this Agreement.
TERMINATION
This Agreement may be terminated by either party, at any time, with or without cause upon
written notice given to the other party. Even after termination, this Agreement shall govern all
disputes and claims between Company and Agent connected with their relationship under this
Agreement, including obligations and liabilities arising from existing and completed listings,
transactions, and services.
Upon termination of this Agreement, Agent is required to provide Company all information, files
and documents relating to closed, pending or current contracts.
Upon termination of this Agreement Agent agrees to immediately cease using any and all
sales, marketing or other materials bearing the logo or name of any entities of the Company.
Upon termination of this Agreement Agent authorizes the Company to deduct any outstanding
amounts due and owed by Agent to Broker.
Agent acknowledges that termination from the Company could result in a significant financial
loss, which could include loss of stock awards and revenue share.
This agreement shall be automatically terminated in the event an Agent's real estate license is
expired, revoked, canceled or becomes inactive for any reason or transferred to be associated
with a different broker not affiliated with the Company's license.
Should the Agent wish to voluntarily terminate this agreement, written notice of termination

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must be provided to the Company and emailed to [email protected].
POLICIES AND PROCEDURES
Agent acknowledges he or she has read, fully understands and will comply with the National Policies
and Procedures Manual, which is incorporated as part of this Agreement.
CONDUCT OF AGENT
Agent agrees to conduct his or her business dealings in a professional manner and in compliance with
the policies set out by the Company in the National Policies and Procedures. Violations of conduct with
these rules may result in immediate termination of sponsorship without notice.
INDEPENDENT CONTRACTOR
Company and Agent are independent contracting parties and this agreement does not constitute
an employment agreement by either party and shall not be construed as a partnership and
Company shall not be liable for any obligation, injury, disability or liability incurred by Agent. It is
expressly understood by Company and Agent that no employment relationships exist between
Company and Agent.
WORKERS COMPENSATION INSURANCE
Company will comply with any state requirement which requires Company to provide workers
compensation insurance for its affiliated agents in that state. However, such compliance shall
not affect Agent’s status as an independent contractor, nor shall Company’s compliance be
construed as an indication that Agent is an employee of Company for any purpose whatsoever.
TAXATION
Agent is considered to be an Independent Contractor for tax purposes and will be responsible
for all tax issues at the end of each calendar year. Agent acknowledges and understands that
the Company will not withhold any federal, state or local taxes on any payments made by the
Company to the agent. Agent shall be solely responsible for the payment of all taxes affiliated
with any payments received from the Company.
EXPENSES
Agent acknowledges that payment of any expenses incurred by the agent, including but not
limited to professional licenses and dues, travel expenses, office space, place of business,
communication charges, supplies, advertisements or marketing materials are his or her sole
responsibility. Company shall not be liable to reimburse Agent for any expenses.
COSTS ATTRIBUTABLE TO CLIENTS
Agent acknowledges that any expenses involved in a real estate transaction, including but not
limited to property inspections, surveys, well inspections, septic inspections are costs which
shall be ordered in the name of, billed to, and paid by the seller or buyer. Company is not liable
for costs which should be attributable to clients.
PLACE OF WORK
Company is a virtual brokerage and does not provide an office space or other form of working space for
the agent, except where required by law. An Agent may work from home, personal office or other
place(s) of agent’s choice in accordance with applicable laws. Agent is not authorized to enter into a
contract for a leased working space using the name of the Company or representing that Company is a
party to the contract.
LICENSED ACTIVITIES
Agent shall keep his or her real estate license(s) current and active during the term of this
Agreement, including satisfying all applicable continuing education and provisional license
requirements of the state in which the Agent is licensed. Agent agrees to provide the Company
true and accurate license information in accordance with the terms and conditions of this
agreement.

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Agent shall be familiar and comply with all applicable federal, state and local laws, policies,
and procedures having to do with purchasing and sales of real estate in his or her state,
including but not limited to anti-discrimination laws, Fair Housing, and the Real Estate
Settlement Procedures Act (RESPA).
BROKERAGE EXCLUSIVITY
Agent agrees not to enter into another agreement to provide real estate services with another
individual or entity while sponsored by the Company in states the Company is currently
licensed to do business in. Agent agrees to conduct any and all real estate transaction(s) in
the name of the Company, including but not limited to listings, sales, leases or rentals. This
paragraph excludes property management. Violation of this requirement may be grounds for
immediate separation.
BOARD OF REALTORS
Agent is required to apply and become a paying dues member to a local Association of Realtors board
within thirty (30) days of the effective date of this agreement. All related costs shall be paid by Agent.
Agent agrees to reimburse Company for any cost incurred to Company by any Board of Realtors or
MLS for Agent’s actions or lack of actions, or failure to join such Board of Realtors or MLS. Agent
agrees to comply with all MLS and board rules and regulations and remain in good standing at all times.
PROPERTY MANAGEMENT
Property management, as described in this Agreement, is the professional management of
another person’s real property. Property management, as described, is strictly prohibited.
Salespersons who practice property management are subject to immediate separation.
AUTHORITY
Agent will have no authority to bind, obligate or commit Company by any promise or representation
unless specifically authorized by the Company. Agent will have no authority to enter into any
co-brokerage agreement or division of commission agreement without the prior written consent of the
broker.
OWNERSHIP OF AGREEMENTS
Agent acknowledges all agreements for brokerage services in which the Company is named as a party,
including but not limited to listings, buyer representation agreements and commission agreements are
owned exclusively by the Company.
AGENT ACTIVITIES
Agent agrees to perform no other activities in association with the Company, except to solicit
and obtain listings, sales, leases or rentals of property for the parties mutual benefit.
Company shall not limit Agent’s activities to geographical areas, manner in which services are to
be performed with regard to hours, schedule, or similar activities, except to the extent required
by applicable laws, policies, and procedures.
Agent agrees to be competent in all geographical areas in which they serve as required by state
licensing laws.
Agent agrees that all real estate service contracts shall be taken in the name of the Company.
Agent acknowledges and agrees that all compensation in connection with any listing, sale,
lease or rental is to be made payable to the Company.
Agent agrees to provide Company copies of all documents used in the closing of a transaction
and all related documentation, including, but not limited to listing and buyer representation
agreements, purchase and sale agreements, addendums, disclosures, closing statements and
client information data within two business days of the execution of the document.
ANNIVERSARY DATE
Agent’s “join date” shall be the date on which the contractor completes the onboarding
process and transfers his or her license to the Company. The “anniversary date” for Agent will

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be the first day of the calendar month following Agent’s join date with the Company unless
specified otherwise here: (anniversary date is hereby set to ____________________).
GOOD STANDING
To be considered in “Good Standing” an Agent must be current on all financial obligations
required to conduct real estate business, including all fees, dues or amounts owed to
Company, state licensing authorities and local, state or national realtor associations and
multi-listing services.
COMMISSION
COMMISSION SPLIT:
Unless otherwise agreed in a separate written agreement between Company and Agent,
when Agent performs any services under this Agreement for which a commission or any
payment governed by applicable real estate license law is earned and collected by Company
(collectively, “Commission”), Company shall pay Agent as follows:
Agent will be at a commission split of 85/15, with 85% of all residential commissions going to
the Agent and 15% of said commissions being paid to Company until the commissions paid to
Company total $12,000, which is defined as the Agent Cap Amount. Referral agreements will
be paid from the gross amount unless stated otherwise in the agreement.
Once Company has retained the $12,000 Agent Cap Amount, from Commissions generated by
Agent, Company will pay Agent one hundred percent (100%) of any additional Commissions
generated in that same anniversary year, less the fees detailed in the Fees and Payment
Schedule.
In the event Agents affiliated with the Company represent both the purchaser and seller of the
same property address, each “side” will represent a separate transaction and will be subject to
company splits and transaction fees per side.
In the event Agents affiliated with the Company represent both the purchaser and seller of
the same property address, each “side” will represent a separate transaction and will be
subject to company splits and transaction fees per side.
RATE OF COMMISSION CHARGED TO CLIENTS
Agent may use his/her discretion regarding the commission fees charged to clients for real
estate brokerage services provided. Agent will obtain written permission from the state broker
for any contemplated commission to client which is decidedly lower than the regular and
customary commission charged by a full service broker in the geographic area in which the
Agent does business. Agent understands they need to charge a commission high enough to
avoid being in a negative commission situation.
COMPANY CHARGES ON LEASES
Company shall be entitled to the greater of $125 or 15% of the lease commission amount on
lease transactions, until Agent reaches their Cap.
FLAT FEE OR DISCOUNT BROKERAGE
Agents are free to negotiate their commissions, however there shall be no advertising by an Agent
appearing to offer a consistent low flat fee or offering consistent discounts on their commissions.
FEES AND PAYMENT SCHEDULE
Sign-up fee
$249 will be charged to the Agent at the time of signing this document.
Brokerage fee
Company will charge Agent a $750 brokerage fee each anniversary year, payable to Company
in three equal installments of $250 out of the Agent’s first three transactions following the last
anniversary date.

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Payment/funding source
Agent must keep on file with Company an electronic funds transfer funding source for payment
of any and all fees and amounts due from Agent under this Agreement. Unused portions of any
fees previously paid will not be credited/prorated. By signing this document Agent is giving
Company permission to directly deduct the funding source on file for unpaid fees, charges,
repayments, billbacks and any other amounts Agent owes to Company and will be deducted
directly from any and all of Agent’s pending and future earnings that would otherwise be
payable to Agent by Company.
Payment of Commissions
All Commissions collected by Company and due to Agent, shall be paid to Agent after deduction
of expenses (if any, including wire transfer fees), unless otherwise expressed in this Agreement.
Company may withhold payment to Agent until such time the transaction and its corresponding
file is closed and complete which determination shall be in Company’s absolute discretion. In
case of a known or pending claim against Company or Agent on transactions for which Agent
has yet to be paid, Company may withhold such payment of amounts on which Agent could be
responsible for under the terms of this agreement, until such claim is resolved. Agent is not
entitled to any advance payment by the Company on behalf of future compensation. Company
may withhold a portion of Agent’s commission (or a commission in full) to offset sums owed to
Company by Agent. At no time is Agent authorized to request, receive, ask or authorize any
closing company to release a commission check directly to Agent unless otherwise agreed in
writing by the Company. Unauthorized receipt of a commission check to the Agent is grounds for
immediate separation.
Personal Transactions
A “personal transaction” is the sale of any residential real property for which an Agent, the
Agent’s spouse, a business entity controlled by the Agent or his spouse, or a revocable trust
controlled by the Agent or his spouse, has an ownership interest in. An agent may take three
(3) personal transactions per anniversary year and will carry a $250 transaction fee. To be
eligible to transact a personal transaction, an Agent must:
● Be in good standing with Company.
● Personal transaction commissions are not included in Revenue Share Plan calculations.
● The Agent’s name, or his/her spouse’s name, or business entity controlled by the Agent
or Agent’s spouse, must be on the title to be eligible as a personal transaction.
● Amounts due and owing Company for the annual fee will still be charged on personal
transactions up to an amount of $250 per transaction.
Transaction Fee After Cap
When the Agent reaches the Agent Cap Amount, the Company will not retain 15% of the
commission from Agent’s Transactions. Instead, the company will assess a transaction fee of
$225 per Transaction with a $6,000 cap. The Transaction Fee is “per Transaction” and not “per
Agent”, and is split between Agents on a Transaction equal to the percentage of Commission
each Agent earns.
Processing Fee (BEOP Fee)
Company will assess Agent a $30 processing fee on all transactions. This fee is for broker
review, errors and omissions insurance and processing of transactions.
Lease Fee After Cap
After Agent reaches the Agent Cap Amount leases will be charged at a fee of $125 per
transaction after cap or 15% of the gross commission, whichever is lower.

COMMISSIONS ON LEASES:
Agent may list a rental property on the MLS, market it, and show it to potential tenants. Agent
may not accept a rental/lease payment or deposit on behalf of the landlord. Agent shall direct

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any such payments directly to the owner, property management or closing company. Agent
shall not accept any type of direct compensation regarding a rental or lease transaction. All
compensation for an Agent must be paid through the Company unless otherwise agreed in
writing by Company.
COMMISSION PAYMENT DELAYS and HUD HOMES:
Delays in commission payments to Company by closing/Title companies may result in delays in
payment to the Agent. This particularly applies to HUD homes and may include delays caused by
commission checks clearing time.
COMPENSATION UPON TERMINATION:
Upon termination of this agreement, so long as Agent is not in default of any provision of
this Agreement, Agent may be entitled to payment for transactions that occurred prior to
the date of termination for which Agent has not yet been paid. At the termination of this
Agreement, Agent authorizes the Company to deduct from any commissions due all
financial obligations owed to the Company that are imposed by terms of this Agreement.
Active Transactions
The Company may release active listings to another broker with the written approval of the
state broker.
Pending Transactions
In the event of a termination of this Agreement, all pending listings and pending sale
agreements shall remain with the Company unless Company sends a written document
stating otherwise to the Agent. If the Agent has a transaction pending at the time this
agreement terminates which requires further work, the Company may arrange for the state
broker or another agent in the company to perform the required work. At the discretion of
the state broker, a 20% referral of the commission may be paid as compensation for the
performance of such work and may be deducted from the terminating Agent’s share of the
commission. In lieu of the 20% referral, the state broker, at his/her discretion, may
approve, in writing, another amount of compensation.
Agent cap ceases to exist once this agreement is terminated. Company shall retain a
minimum of 15% of commission checks for transactions that close after the termination of
this agreement.
DOCUMENTS AND FILES
All files and documents pertaining to listings, leads and transactions produced, received or
retained by Agent are the property of Company and shall be delivered to Company by Agent
according to the manner and term indicated in Company’s Policy and Procedure Manual.
Failure to comply with this requirement may result in delay of commission payments. An Agent
obtaining the signature of a party to a listing or other agreement involved in a real estate
transaction shall furnish a copy of the listing or other agreement to the party immediately after
obtaining the party’s signature.
AUTOMOBILE INSURANCE
Agent shall, at all times, maintain automobile insurance coverage for liability and property
damage with minimum coverage amounts of $100,000 / $300,000. Company shall be
indemnified and held harmless against any claims or demands resulting from any automobile
accident of Agent or as a result of Agent’s default of this paragraph.
INDEMNIFICATION AND HOLD HARMLESS
In addition to all other legal or equitable remedies of Company, Agent shall indemnify and hold
harmless the Company, its owners, managers, affiliates, directors, officers, agents, employees

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and representatives from any actions arising out of the discharge of Agent’s duties and shall
reimburse the same with respect to any losses, damages, demands, claims, costs, and
expenses, including reasonable attorney fees (collective “Losses”), incurred by or in
connection with any fraud or misrepresentation of Agent, including, but not limited to, Agent’s
misrepresentation of its relationship with Company to any third party or any action by Agent
taken or omitted pursuant to this Agreement. Any such claims or costs payable pursuant to this
Agreement are due to be paid in full by Agent, who hereby agrees to indemnify and hold
harmless Company or manager for all such sums.
INJURIES TO AGENT
Agent, an independent contractor, acknowledges and agrees that the Company does not
provide workers compensation. It is the Agent's obligation to obtain appropriate insurance
coverage for any injuries. Agent and its employees, if any, waive any rights to recovery from
the Company for any injuries that Agent and/or its employees may sustain while performing
services under this Agreement.
AGENT’S EMPLOYEES
Agent’s employees, if any, who perform services for the Company under this Agreement shall
also be bound by the provision of this Agreement. Agent’s responsibilities include advising its
employees of the relationship between Agent and Company and the terms of this Agreement.
Agent is responsible for supervising his or her employee’s activities to ensure their compliance
with all terms of this Agreement. At request of the Company, Agent shall provide evidence that
such persons are Agent’s employees and are bound by the provisions of this Agreement.
ACTIVITY REPORTING
Agent is required to report all real estate related activities to the Company within two (2)
business days of their occurrence. Real estate activities include listing agreements, accepted
purchase agreements, earnest money deposits escrow has handled, closings, cancelled and
expired agreements, referral fee agreements and/or any other business contract or
arrangement involving an Agent and his or her client.
E & O INSURANCE
Company’s E&O insurance covers all eligible transactions made by the Company. Agent is
responsible for the deductible on any transaction brokered through the Company that results
in a lawsuit or claim. Such deductible may be as high as $10,000. Agent hereby authorizes
Company to collect any unpaid portion of such deductible from Agent’s commissions. Agent is
subject to the first $5,000 unless the Company determines the agent was grossly negligent /
fraudulent in their actions. If the agent has been shown to be negligent or fraudulent in their
actions he or she will be responsible for the entire deductible. Agent agrees to pay the
determined deductible amount regardless of his or her sponsorship status by the Company.
USE OF A DBA AND FICTITIOUS NAMES
Although agents and associates may use a DBA or Fictitious Name for their business to
promote name awareness and/or identify team affiliation, approval for such name must be
approved by the state broker or compliance officer of the Company. Additionally, after
Compliance approves the name, the agent or associate must receive approval from their
state licensing authority, if applicable. The agent or associate is responsible for all
paperwork, forms, and cost (if any) for registering such name with the state licensing
authority. Please note that use of nicknames also falls under this rule. Without specific state
licensing authority approval, the name on your state license is the name you must use in
your real estate business.
REWARD PROGRAMS DISCLOSURE
From time to time, Company will implement reward programs, such as production awards, and
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every Agent in good standing will be eligible to participate under the terms specified for each
program.

EMERGENCY CONTACT:
Agent authorizes the Company to contact the person below on Agent’s behalf. Agent agrees to update
this contact within two (2) business days of any change.
Contact: ____________________________
Phone Number: ____________________________
Email: ____________________________
Relationship: ____________________________
CONFIDENTIALITY:
Company may provide Agent innovative proprietary tools and information that are only
available to Company’s Agents. Agent agrees to keep all information concerning the
Company's tools, online system, forms, website, marketing strategies, programs, legal
information, brochures, clients, training materials and plans confidential at all times.
SPONSORING AGENT
Agent may have been introduced to the Company by a “Sponsoring Agent” who through an introduction
and explanation of the Company’s business model and potential benefits influenced Agent’s decision to
join the Company as an agent. It is the sole determination of the Agent as to who he/she names as the
Sponsoring Agent. Agent is not required to name a sponsor, but may not name more than two sponsors.
Agent acknowledges and confirms that the Sponsoring Agent(s), has not offered, enticed or
promised anything of value, including but not limited to lead generation platforms, CRM,
coaching, trips, rebates or currency in return for being named sponsoring agent(s).
Agent names ______________________________ as a sponsoring agent(s).

Co-Sponsoring Agent
Agent is not required to name two Sponsoring Agents. Should Agent determine that an
additional agent added significant influence to the introduction and explanation of the Company’s
business model and potential benefits, he/she may name a co-sponsoring agent below.
Agent names ________________________________ as a co-sponsoring agent.
PLEASE NOTE: Agent acknowledges that when this Independent Contractor Agreement is signed the
name(s) listed above will not be changed for any reason, which includes, but is not limited to divorces
or an agent leaving a team.
Definition of Co-Sponsor
Should an Agent name two (2) sponsoring agents, each sponsoring agent shall be defined as a
“co-sponsor”.

PROHIBITION AGAINST “SPONSORSHIP OFFERINGS”
Any offering, enticement or promise of anything of value made by an existing agent of the Company to a
potential licensee with an intention of having the licensee name the Agent as the “referral agent” or
sponsor, is strictly prohibited. Any agent who is shown through his or her actions to have acted in this
manner is subject to separation from the Company and forfeits all future revenue share. Agent hereby
agrees that they will indemnify and hold harmless Company for any such separation.
PROHIBITION AGAINST INSIDER TRADING
The Agent hereby acknowledges and is aware that United States securities laws and Canada

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securities laws prohibit any person who has material, non-public information about a company
from purchasing or selling securities of such a company or from communicating such
information to any other person under circumstances in which it is reasonably foreseeable that
such person is likely to purchase or sell such securities. Agent further acknowledges that
information is material if it would reasonably be expected to result in a significant change in the
market price or value of any of the Company’s securities.
CHANGE OF BROKERAGES
An agent who separates from the Company for any reason and wishes to again affiliate with
the Company within a period of 365 days will retain the same sponsor as when the agent
separated from Company.
REVISIONS/MODIFICATIONS TO THIS AGREEMENT
The Broker may, in its sole discretion, periodically change portions of this Agreement. For any
material change of this agreement Broker will provide Agent a review period of 10 days. At the
end of the review period if Agent has not notified Broker of any objections to the changes in
writing, Agent is deemed to have accepted all revisions. The notice of any material changes will
be sent to the email Company has on file for Agent.

ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the Parties and fully supersedes any
and all prior understandings, representations, warranties or agreements pertaining to the
subject matter of this Agreement. No oral agreements, understandings or representations shall
change, modify or amend any part of this Agreement. Any changes, modifications, or
amendments of this Agreement will be shared publicly and become effective ten (10) days after
posting.
GOVERNING LAW
This agreement and the rights of the parties hereunder shall be governed by and construed in
accordance with the laws of the state where the Real Agent is domiciled on the effective date of this
Agreement, exclusive of conflict or choice of law rules.
DISPUTE RESOLUTION
Mandatory Mediation in Advance of Arbitration
1. The parties agree that any and all disputes, claims or controversies arising out of or relating
to this Agreement shall be submitted to JAMS, or its successor, for mediation, and if the matter
is not resolved through mediation, then it shall be submitted to JAMS, or its successor, for final
and binding arbitration pursuant to the clause set forth in Paragraph 5 below.
2. Either party may commence mediation by providing to JAMS and the other party a written
request for mediation, setting forth the subject of the dispute and the relief requested.
3. The parties will cooperate with JAMS and with one another in selecting a mediator from the
JAMS panel of neutrals and in scheduling the mediation proceedings. The parties agree that
they will participate in the mediation in good faith and that they will share equally in its costs.
4. All offers, promises, conduct and statements, whether oral or written, made in the course of
the mediation by any of the parties, their agents, employees, experts and attorneys, and by the
mediator or any JAMS employees, are confidential, privileged and inadmissible for any
purpose, including impeachment, in any arbitration or other proceeding involving the parties,
provided that evidence that is otherwise admissible or discoverable shall not be rendered
inadmissible or non-discoverable as a result of its use in the mediation.
5. Either party may initiate arbitration with respect to the matters submitted to mediation by
filing a written demand for arbitration at any time following the initial mediation session or at
any time following 45 days from the date of filing the written request for mediation, whichever

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occurs first (“Earliest Initiation Date”). The mediation may continue after the commencement of
arbitration if the parties so desire.
6. At no time prior to the Earliest Initiation Date shall either side initiate an arbitration or
litigation related to this Agreement except to pursue a provisional remedy that is authorized by
law or by JAMS Rules or by agreement of the parties. However, this limitation is inapplicable to
a party if the other party refuses to comply with the requirements of Paragraph 3 above.
7. All applicable statutes of limitation and defenses based upon the passage of time shall be
tolled until 15 days after the Earliest Initiation Date. The parties will take such action, if any,
required to effectuate such tolling.
Binding Arbitration
Any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination,
enforcement, interpretation or validity thereof, including the determination of the scope or applicability of
this agreement to arbitrate, not resolved by paragraphs 1 through 7 above, shall be determined by
arbitration in the state where the transaction of real property made the basis of the dispute closed, or in
the case there is no transaction, the state in which the Real Agent was domiciled at the time of the
dispute, before three arbitrators. The arbitration shall be administered by JAMS pursuant to its
Comprehensive Arbitration Rules and Procedures [and in accordance with the Expedited Procedures in
those Rules] [or pursuant to JAMS’ Streamlined Arbitration Rules and Procedures]. Judgment on the
Award may be entered in any court having jurisdiction. This clause shall not preclude parties from
seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. The Chair of
the three arbitrators must have previously served as Chair in at least 10 arbitrations resulting in an
award where an award was rendered following a hearing on the merits and one of the wing arbitrators
must be an expert in the area of residential real estate.
Confidentiality of Arbitration Proceeding
The parties shall maintain the confidential nature of the arbitration proceeding and the Award, including
the Hearing, except as may be necessary to prepare for or conduct the arbitration hearing on the merits,
or except as may be necessary in connection with a court application for a preliminary remedy, a judicial
challenge to an Award or its enforcement, or unless otherwise required by law or judicial decision.
FEES AND COSTS TO PREVAILING PARTY
In any arbitration arising out of or related to this Agreement, the arbitrators shall award to the
prevailing party, if any, the costs and attorneys' fees reasonably incurred by the prevailing party
in connection with the arbitration.
If the arbitrators determine a party to be the prevailing party under circumstances where the
prevailing party won on some but not all of the claims and counterclaims, the arbitrators may
award the prevailing party an appropriate percentage of the costs and attorneys' fees
reasonably incurred by the prevailing party in connection with the arbitration.
PUNITIVE DAMAGES
In any arbitration arising out of or related to this Agreement, the arbitrators are not empowered
to award punitive or exemplary damages, except where permitted by statute, and the parties
waive any right to recover any such damages
LIMITATION OF LIABILITY
In any arbitration arising out of or related to this Agreement, the arbitrator(s) may not award any
incidental, indirect or consequential damages, including damages for lost profits.
APPEAL
The Parties adopt and agree to implement the JAMS Optional Arbitration Appeal Procedure (as
it exists on the effective date of this Agreement) with respect to any final award in an arbitration
arising out of or related to this Agreement.

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CLASS ACTION WAIVER:
Company and Agent agree that any and all claims pursued against each other will be on an
individual basis, and not on behalf of or as a part of any purported class, collective,
representative, or consolidated action. Both Company and Agent hereby waive their right to
commence, become a party to or remain a participant in any group, representative, class
collective or hybrid class/collective or group action in any court, arbitration proceeding, or any
other forum, against the other. The parties agree that any claim by or against Company or
Agent shall be heard in arbitration without joinder of parties or consolidation of such claim with
any other person or entity's claim, except as otherwise agreed to in writing by Company and
Agent. This Class Action waiver shall supersede any contrary agreements, statements or
rules in the JAMS Rules.

ACKNOWLEDGEMENT:
Agent hereby acknowledges reading and understanding this Agreement and Company’s
Policies and Procedures manual in its entirety and agrees to abide, comply and respect the
provisions set forth by this Agreement.
Tamir Poleg (CEO), Real
Agent Name Printed:
Agent Signature:
Email: Date:

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ADDENDUM A - Agent Stock Purchase Plan Opt-In Form
Real Brokerage Inc (“REAX”, TSXV: REAX.V) adopted the Agent Stock Initiatives (“the
Initiatives”) on [date]. Pursuant to the Initiatives, REAX created the Agent Stock Purchase Plan
(“the Plan”) to be administered by the board’s discretion, may issue shares of Real’s restricted
stock to the Company’s agents who elect to participate (“Participants”).
Eligibility: All agents in good standing with the Company are eligible to participate in the Plan.
“Participant” is defined in this addendum as the Agent in their individual capacity only. Shares will not
be issued to the Agent's corporate entity.
Issuance of Shares as Payment of Commission: By submitting this Opt-in Form,
Participant authorizes the Company to set aside five percent (5%) of Participant’s Net
Commission (after splits, fees and any other withholdings) on Transactions which close in
Participant’s name, commencing with Transactions on or after Participant’s Join Date, and
before Participant has paid the full annual cap.
Participant authorizes the Company to set aside ten percent (10%) of Participant’s Net
Commission (after splits, fees and any other withholdings), up to a total cumulative amount
of $15,000, on Transactions which close in Participant’s name, commencing with
Transactions after Participant’s capping Transaction.
Price of Issued Shares: The price for shares issued under the Program shall be the fair
market value of REAX’s restricted stock, as determined by the closing market price of REAX’s
common stock on the last trading day of the month.
Issue Date: Shares under the Program shall be issued on the last trading day of the month
during which the closing on the sales of any properties from which a Shares for Payment has
been authorized results in an accumulated Shares for Payment of not less than $250 USD
(each a “Issue Date”).
Custody of Shares: All shares issued under the Program shall initially be placed and held in
an account created in Participant’s name with Shareworks. Accounts will be created within
Shareworks upon creation of the first grant. Upon termination, accounts will remain active up
to 90 days after the last vesting occurs.
Associated Costs: Ownership of shares issued under the Program may come with
associated costs imposed by third parties, including but not limited to, fees that may be
imposed by a stockbroker, financial services broker of Participant’s choosing, or others.
Cancellation of Participation: Any Participant may cancel his or her participation in the
Program by providing email notification of cancellation (“Cancellation Notice”) not less than thirty
(30) calendar days prior to the next scheduled Issue Date. In order to be effective, signed
cancellation Notices must be sent to [email protected]. Once participation is
canceled by Participant he/she may not elect to opt-in to the Agent Stock Purchase Plan until
the following anniversary year.
Modification or Termination: The Program is subject to modification or termination at the
discretion of the Company’s Board of Directors.
Acknowledgments: Participant understands that participation in the Plan is subject to the terms
and conditions contained in the Independent Contractor Agreement, in this Agent Stock
Purchase Plan Opt-in Form, in the Plan itself, and in the Initiatives. Participant has read and
fully understands both the Plan and the Initiatives. By participating in the Plan, the Participant
agrees to be bound by the terms and conditions of the ICA, the Plan and the Initiatives. By
acceptance of this opportunity to receive shares, Participant consents to the electronic delivery
of all related documents, including the Plan, the Initiatives, any account statements and Plan
prospectuses, as applicable, and all other documents that REAX is required to deliver to its

Agent Initials ______

security holders (including, without limitation, annual reports and proxy statements) or other
communications or information related to an investment in REAX’s stock.
By signing this opt-in form, the Participant certifies that he or she is of legal age in the state or
country of his or her residence.
Participant, by signing this opt-in form, certifies that: Participant is not subject to backup
withholding because (a) Participant is exempt from backup withholding, or (b) Participant has
been notified by the Internal Revenue Service (IRS) that Participant is not subject to backup
withholding, or (c) the IRS has notified Participant that Participant is no longer subject to
backup withholding.
Participant, by signing this opt-in form, certifies that: Participant is receiving the shares solely
for Participant’s own account, and not for the benefit of any other person. Participant is being
issued the shares solely for investment purposes and not with a view to distribution or resale,
nor with the intention of selling, transferring or otherwise disposing of all or any part thereof for
any particular price, or at any particular time, or upon the happening of any particular event or
circumstance, except selling, transferring, or disposing of the shares, in full compliance with all
applicable provisions of the Securities Act, the rules and regulations promulgated by the
Securities and Exchange Commission thereunder, and applicable state securities laws.
Participant confirms that she or he has had the opportunity to ask questions of, and receive
answers from, REAX or any authorized person acting on its behalf concerning REAX and its
business, and to obtain any additional information, to the extent possessed by REAX (or to the
extent it could have been acquired by REAX without unreasonable effort or expense)
necessary to verify the accuracy of the information received by Participant.
Participant has carefully considered and has discussed (or accepts the responsibility to
discuss) with its own legal, tax, accounting and financial advisors, to the extent the Participant
has deemed necessary, the suitability of this investment and the transactions contemplated by
this Agreement for the Participant’s particular federal, state, provincial, local and foreign tax
and financial situation and has independently determined that this investment and the
transactions contemplated by this Agreement are a suitable investment for the Participant.
Participant understands that it (and not REAX ) shall be responsible for Participant’s own tax
liability that may arise as a result of the receipt of the shares or the transactions contemplated
by this Agreement.
Participant understands that participation in this Program does not change the at will
nature of Participant’s independent contractor consulting relationship with the
Company.
NO AGENT, BROKER OR ELIGIBLE INDIVIDUAL SHALL BE DEEMED A PARTICIPANT
UNLESS AND UNTIL SUBMITTING THIS COMPLETED OPT-IN FORM.
Please check the appropriate choice below and sign:
YES, I would like to participate in the Stock Purchase Plan.
NO, I do not wish to participate in the Stock Purchase Plan at this time.

Agent Signature: Date:

Name Printed:

Agent Initials ______