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EXHIBIT B <br /> FEE STRUCTURE <br /> The City shall pay the Agent a land sales commission consistent with the Land Sale Commission <br /> Fees in the table below. <br /> LAND PURCHASE PRICE` DIRECT COMMISSION CO-BROKER <br /> COMMISSION'` <br /> $0.0 to $2.0 Million 6.00% 8.00% <br /> $2.01 to $4.0 Million 5.00% 7.00% <br /> $4.01 to $6.0 Million 4.00% 6.00% <br /> $6.01 to $10.0 Million 3.00% 5.00% <br /> $10.01 Million and above 2.00% 4.00% <br /> Examples of Calculating Commission Payment <br /> Example 1: <br /> 4 acre sale @ $8.00 per square foot=Land Purchase Price of$1,393,920 <br /> Direct fee of 6%_$83,635 (Agent Only) <br /> or <br /> Co-broker fee of 8%=$$111,514 (Split between Agent and Co-Broker) <br /> Example 2: <br /> 10 acre sale @ $12 per square foot=Land Purchase Price of$5,227,200 <br /> Direct fee of 4% = $209,088 (Agent Only) <br /> or <br /> Co-broker fee of 6%= $313,632 (Split between Agent and Co-Broker) <br /> Note: The amount of the commission fee shall not exceed the Direct Commission or the Co- <br /> Broker Commission(whichever applies), unless the City agrees to increasing the commission in <br /> writing, but in no case shall the two fees be combined. In the event that a co-broker fee is paid, <br /> Agent agrees to pay the co-broker the prevailing market fee to the co-broker, but in no event less <br /> than 50% of the co-broker fee. <br /> The City shall not be required to pay Agent a Land Sales Commission Fee in the event that the <br /> Agent receives any standard market leasing or build to suit fee from the Redeveloper, any <br /> 10 <br />