La Rosa Realty

Your payment of the Royalty Fees to us based on Gross Commission Income as, subject to appropriate exclusions and deductions as follows: For each month from and after the Opening Date, you will pay to us a monthly royalty fee (“Royalty Fee”) equal to the greater of: (a) If Franchisee qualifies as a Small Office Franchisee: (i) The Small Office Franchisee shall pay a per transaction royalty fee of $120 (capped at an annual contribution of $1,800.00 per individual Agent per calendar year) where the Gross Commission Income from each such transaction is over $1,500.00. Where the Gross Commission Income from a transaction is less than $1,500.00, the transaction royalty fee will be calculated at five percent (5%) of the Gross Commission Income received, subject to the $1,800.00 annual contribution cap; or (ii) $500.00 per month. (b) If Franchisee qualifies as a Large Office Franchisee: (i) The Large Office Franchisee shall pay a per transaction royalty fee of $75.00 (capped at an annual contribution of $1,800.00 per individual Agent per calendar year) where the Gross Commission Income from each such transaction is over $1,500.00. Where the Gross Commission Income from a transaction is less than $1,500.00, the transaction royalty fee will be calculated at five percent (5%) of the Gross Commission Income received, subject to the $1,800.00 annual contribution cap; or (ii) $1,000.00 per month.