The Meritex Company Proposal V.2

ASSET SERVICES FEES

The greater of 2.5% of collected gross receipts or the following monthly minimum by park; Air Park West $675.00, Northpark $675.00 and CLT Logistics $4,300.00.

Management Fee

Salary Reimbursements

Included in Management Fee

Annual Yardi technology fee, cell phone(s) for allocated administrative staff(PM/APM), any supplies tied directly to the property, mileage for allocated administrative staff and work order system.

Reimbursables

Billed at $65.00/hr.; rate inclusive of cell phone, uniforms and vehicle expenses

Maintenance

* Maintenance engineer rate is 1.5x for OT. Call back OT will be billed with a (4) hour minimum

20 | CUSHMAN & WAKEF I ELD