Team Application Form

Managing Broker Name: _____________________________________________________________ Office Name: ____________________________________________ PC#: _____________________________ Name of Team*: ______________________________________________________________________________ * List Team Name exactly as you intend to use it in marketing materials. The use of “Realty”, “Realtor”, “Real Estate”, “Company”, Inc., or “Corporation” in the Team Name is prohibited and any such use will not be approved. Any Team Member who is properly licensed as a “P.A” or “LLC” pursuant to §475.161, Fla. Stat. may attach that designation to his or her name but not to the Team Name.

Team Leader Name: _______________________________________________________________________ Proposed Team Members** (please print names): Name Current Broker (if not licensed with Coldwell Banker) ______________________________________ _________________________________________ ______________________________________ _________________________________________ ______________________________________ _________________________________________ ______________________________________ _________________________________________ **Additional team members may only be added upon written approval of Regional Senior Vice President. 1. Describe the purpose for creating a team and how this action will lead to the generation of additional business: ______________________________________________________________________________________

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2. What will each team member’s responsibilities be with regard to the generating and/or servicing of

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3. Describe your plans for any team support staff/employees and method of compensation from the team:

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4. What are the proposed arrangements for utilization of office space and equipment:________________ ______________________________________________________________________________________________

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5. Please describe your general plan for team marketing to the general public as well as your preference for how you would like the team or team members to be identified in company-paid advertising and promotion, if any (print media, Internet, post cards, etc.): ______________________________________________________________________________________________

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6. Please indicate below your preference on how you would like credit for team activities (gross commission income, transaction unit and volume) reported for the purpose of internal recognition and company awards) (Subject to final approval and future modification by Company): ______________________________________________________________________________________________

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7. Please indicate below the proposed method and amount or percentage of compensation to be distributed between team members on team commission income (final method as reflected on approved SIS form – Managing Broker to attach): Member % of transaction Team Leader: ______________ Team Member Name: __________________________________ ______________

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8. Will the formula for sharing of compensation apply to all forms of revenue, including that generated from leases and referrals? Yes / No (Circle one). If not, please identify and explain the specific form of revenue and applicable arrangements: ______________________________________________________________________________________________

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9. Will there be transactions when not all team members participate in the compensation (e.g., exclusively a Team Leader transaction, transactions involving the Team Leader and only one of the team members)? If so, define the possible scenarios. ______________________________________________________________________________________________

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Team Leader Signature: __________________________________ Date:________________________ Approved by Managing Broker: _____________________________________ Date:______________________ Approved by Regional Senior Vice President: _____________________________________ Date:______________________ **Nothing in this Application shall create any contractual rights in favor of Team Leader or any team member.