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Exhibit H - Commission Agreement

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A PDF document (113 KB) attached to SOLICITATION: RLP PACKAGE: The Government is seeking to lease office and related space in FT. LEE, NEW JERSEY for a minimum of 25,939 ANSI/BOMA (ABOA) to a maximum of 27,233 ABOA square feet., from the Public Buildings Service. Due Nov 23, 2026, 5:00 PM (UTC-5).

File name: 4NJ0299-1 - Exhibit H - Commission Agreement.pdf

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Jones Lang LaSalle Americas, Inc.
Public Institutions – GSA Leasing Support Services (GLS) 2020 K Street NW, Suite 1100, Washington, DC 200061303

Re:

Request for Lease Proposal (RLP) No. 4NJ0299-1
General Services Administration

Dear Name:
This letter, when signed by authorized representatives of both [insert name of lessor/owner] ("Lessor") and Jones Lang LaSalle Americas, Inc. ("Broker"), will represent the Commission Agreement (“Agreement”) between Lessor and Broker with respect to Broker’s representation of the United States of America, acting by and through the General Services Administration (“Tenant”), concerning Tenant’s lease of office space in the building located at [insert property address] (“Property”) pursuant to the above-referenced RLP. In the event that a lease agreement (“Lease”) is awarded to Lessor by Tenant for space in the above referenced Property, the Commission shall be an agreed upon rate that is in accordance with local business practices. This percentage shall be negotiated between the Lessor and Broker. Lessor and Broker have agreed upon a Commission to be equal to 5% (as negotiated) of the “Aggregate Lease Value” (as defined below) for the initial non-cancelable term of this Lease. The Commission shall be earned upon lease execution and is payable without further condition or contingency as follows: (i) one-half (1/2) of the Commission owed Broker when the Lease is awarded; and, (ii) the remaining amount upon the earlier of Tenant’s occupancy of the premises leased pursuant to the Lease or the commencement date of the Lease. The Aggregate Lease Value is defined as the full service rental to be paid by Tenant on the Leased premises for the initial non-cancelable term of the Lease. Term and application of the broker commission credit (Commission Credit) are defined in Paragraph 1.13 of the RLP. The Aggregate Lease Value shall include:
(i)

(ii)

the initial full service rental to be paid by Tenant on all space leased by the Tenant, including base rent, base operating costs, base real estate taxes, and amortization of any tenant improvement allowance, Building Specific Amortized Capital (BSAC) Charges; and,
any fixed annual or other periodic rental bumps and/or fixed annual or other periodic rent escalations occurring during the initial non-cancelable term of the Lease.

The Aggregate Lease Value shall not include:
(i)

any rental abatement provided to Tenant pursuant to the Lease other than the Commission Credit (as defined below);

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