PROSPER SYSTEMS’ NDNC & FEE AGREEMENT – SHORT VERSION

We agree that for one year from the conclusion of a project together: any contacts, properties, plans and other business data that Prosper Systems and named party ("Parties") will share, that have not been previously discovered from other sources nor is Public Information, will be kept in confidence between the Parties; neither Party shall use each other’s information to compete with or circumvent the other; both will have their employees and contractors make similar agreements; termination only for cause or by mutual agreement, and outstanding compensation survives; any disputes will be decided in the appropriate court having jurisdiction over the current address of the defendant. 

COMMISSIONS will be shared equally among fully-active brokers providing added value and clear communications (others are referrers paid by their associated brokers).  
• For business asset SALES, such as income properties and businesses.  If a commission is not included in the price, it is not disclosed or it is too low, there will be a markup of the seller’s base price of about 5% under us$25mm, sloping continuously to 0.5% at us$1bln+.
• For LENDING, it will be the lender fee paid by the borrower, agent or consultant, generally 2-4%, through the lender or by separate agreement, such as 20% for a warm referral and equal shares to co-brokers.
• For CONSULTING, such as development and project support, payment for introductions will be based on our Referral Schedule.  Co-consulting will be as negotiated separately.
• All are PAID separately at closing, according to instructions given to the closing agent.




_____________________________________________
Signature / Date

Kenton H Johnson, Founding Member
Prosper Systems, LLC
Kenton@ProsperSystems.biz 
4860 Chambers Road, #48
Denver, CO 80239-5152 USA302-536-8665 / ScheduleAcall.biz
Social Media / Skype ID:  KentonHJohnson
Zoom Mtg ID:  3037704022 
ProsperSystems.biz 
EIN:  TB provided with Signature



_____________________________________________
Signature / Date	 (Complete OR paste in your info below in any order)

Name:  	

Title:  	

Company:  	

Email:  	

Address:  	

City, ST ZIP Country:  	

Phone:  	

Skype / Other Video Conf Sys IDs:  	

Web: www.	

EIN/FedID:  	


Please copy to a Word-type document … or … simply change the file extender to “.pdf”, “.docx” or “.txt” to download your preferred version, then

   Complete, sign and return to Agreement@ProsperSystems.biz, preferably as a PDF; will return signed. 
 
   If not possible, copy completed AGREEMENT into an email to us with the statement, "I agree with the following Agreement."

Stored at NDNCFA-S.ProsperSystems.biz.  Latest Update 2/26/2021 by KHJ.