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COMMISSION AGREEMENT Date: April 19, 2026 Deal #: HR-REN-2016-001 |
Commission Disbursement Authorization
RE: Sale of Vessel
| Vessel: | 2016 Hargrave Raised Pilothouse | HIN: | HCY16J05A616 |
| Seller(s): | Estate Executor | Buyer(s): | John A. Miller |
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: | $6,430,000.00 |
| Commission Rate: | 10% |
| TOTAL COMMISSION DUE: | $643,000.00 |
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 | $321,500.00 |
| Selling Broker: Reel Deal Yachts | $321,500.00 |
I/We have read this Agreement and agree to the terms herein.
Seller Signature
Estate Executor
Listing Broker (Acknowledgement)
Reel Deal Yachts
Date
System generated document. Hull Register Docs - Official Standard Series.