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COMMISSION AGREEMENT Date: April 19, 2026 Deal #: TEST-2024-001 |
Commission Disbursement Authorization
RE: Sale of Vessel
| Vessel: | 2023 Azimut Grande 27 Metri | HIN: | AZI27M12345678 |
| Seller(s): | Robert Johnson | Buyer(s): | John Smith |
The undersigned Seller(s) hereby acknowledge and agree to pay a Total Brokerage Commission for professional services rendered in the sale of the above-referenced Vessel. This commission is calculated based on the Contract Sale Price as follows:
| Contract Sale Price: | $6,500,000.00 |
| Commission Rate: | 10% |
| TOTAL COMMISSION DUE: | $650,000.00 |
Distribution Instructions:
The Seller(s) hereby irrevocably authorize and instruct the Closing Agent / Escrow Holder to disburse the Total Commission from the Seller's proceeds at the time of closing as follows:
| Payee (Brokerage) | Amount |
|---|---|
| Listing Broker: Reel Deal Yachts | $325,000.00 |
| Selling Broker: Atlantic Yacht Sales | $325,000.00 |
I/We have read this Agreement and agree to the terms herein.
Seller Signature
Robert Johnson
Listing Broker (Acknowledgement)
Reel Deal Yachts
Date
System generated document. Hull Register Docs - Official Standard Series.