Grantham Commercial Tender

(j)

Frequency at which interim remuneration for additional work is payable:

Monthly in arrears.

(k)

Number of months’ notice required to terminate the Agreement:

One months’ notice by either party, provided in writing. If notice is given within the first 12 months of the appointment, Assetco Investments Limited will pay Brown & Co a fee of £5,000 plus VAT. (l) Brown & Co will take on the employment of Hilary Pearce and Clare Greenfield under Tupe. Brown & Co will pay wages, national insurance contributions, pension contributions and associated costs for the period during which Brown & Co are retained as Managing Agents for The George Centre. In the event that Brown & Co terminate their appointment, Assetco Investments Limited terminate the appointment of Brown & Co as Managing Agent, Assetco Investments Limited sell the property or Assetco Investments Limited decided they no longer wish to use the services of Hilary Pearce and/or Clare Greenfield, Assetco Investments Limited unconditionally undertake to pay or reimburse Brown & Co for the full costs of any redundancy payment or package.

SIGNED BY OR On behalf of the Client:

Signing as The Owner: ……………………………………………………………………. Name in capitals:

SIGNED BY the Agent: ……………………………………………………………………. Sarah Pettefar

Document Revision Date 140715