Document:

Exhibit 10.6

 

FATHOM REALTY HOLDINGS LLC

CONTRIBUTION AND EXCHANGE AGREEMENT

 

This CONTRIBUTION AND EXCHANGE AGREEMENT
(this “Agreement”) is dated as of September 4, 2018, by and between Fathom Holdings Inc., a North Carolina
corporation (the “Company”), and the members of Fathom Realty Holdings LLC, a Texas limited liability
company (“Fathom Holdings”), party hereto (the “Members”).

 

RECITALS

 

WHEREAS, subject to the terms and conditions
set forth herein, each Member desires to receive Series B Common Stock of the Company (the “Exchanged Shares”)
in the amount(s) set forth with respect to such Member on Exhibit A attached hereto in exchange for contributing, assigning,
conveying, transferring and delivering to the Company, all of the membership interests of Fathom Holdings owned by such Member
as set forth on Exhibit A hereto (the “Contributed Interests”), such exchange intended to qualify
as a tax-free exchange under Section 351 of the Internal Revenue Code;

 

WHEREAS, the Contributed Interests are delivered
in accordance with that certain Amended and Restated Company Agreement of the Company dated effective as of September 22, 2014,
as amended (the “Operating Agreement”); and

 

WHEREAS, in exchange for the Contributed
Interests, the Company desires to issue to each Member the Exchanged Shares set forth beside each Member’s name on Exhibit
A attached hereto.

 

NOW THEREFORE, in consideration of the mutual
promises herein made, and in consideration of the representations, warranties, and covenants herein contained, the Company and
each Member hereby agree as set forth below.

 

Section 1. Agreement to Exchange Securities.
Subject to the provisions of this Agreement, (a) each Member agrees to contribute, assign, convey, transfer and deliver to the
Company such Member’s Contributed Interests as set forth on Exhibit A, and (b) in consideration for the contribution
of such Member’s Contributed Interests, the Company agrees to issue, exchange and deliver to each Member such Member’s
Exchanged Shares as set forth on Exhibit A.

 

Section 2. Closing. The delivery
to the Members of the Exchanged Shares in exchange for the Contributed Interests shall take place at a closing (the “Closing”)
on the date hereof at the offices of Wyrick Robbins Yates & Ponton LLP.

 

(a)          On
or prior to the Closing, each Member shall deliver to the Company:

 

		(i)	a counterpart to this Agreement duly executed by such Member; and

 

		(ii)	a spousal consent duly executed by the spouse of such Member, if applicable.

 

    	 

     

    

 

(b)          On
or prior to the Closing, the Company will deliver to each Member:

 

		(i)	a counterpart to this Agreement duly executed by the Company; and

 

		(ii)	a certificate to each Member representing such Member’s Exchanged Shares.

 

Section 3. Acknowledgement of Termination
of Rights. The Members hereby acknowledge and agree that upon receipt of the Exchanged Shares all rights to any direct ownership
interest in Fathom Holdings and any agreements related thereto will be terminated with respect to the Members.

 

Section 4. Representations and Warranties
of the Members. Each Member represents and warrants to the Company as follows:

 

(a)          Each
Member has all requisite power, authority and legal capacity to execute and deliver this Agreement and to perform such Member’s
obligations under this Agreement. None of the execution, delivery or performance by such Member of this Agreement shall conflict
with or violate any agreement, document, instrument or certificate to which such Member is a party or by which such Member is bound.
None of the execution, delivery or performance by such Member of this Agreement shall require the consent of, a waiver by or notification
to any third party that has not been obtained or given.

 

(b)          Each
Member has good and valid title to the Contributed Interests, free and clear of any and all liens, claims, encumbrances and rights
of all others whomsoever, except as set forth in the Operating Agreement.

 

(c)          Each
Member understands that the Exchanged Shares may not be sold, transferred or otherwise disposed of without registration under the
1933 Act or an exemption therefrom, and that in the absence of an effective registration statement covering the Exchanged Shares
or an available exemption from registration under the 1933 Act, the Exchanged Shares must be held indefinitely. In particular,
each Member is aware that the Exchanged Shares may not be sold pursuant to Rule 144 promulgated under the 1933 Act unless all of
the conditions of that Rule are met. Each Member understands that no public market now exists for any of the securities issued
by the Company and that there is no assurance that a public market will ever exist for the Exchanged Shares.

 

Section 5. Representations and Warranties
of the Company. The Company hereby represents and warrants to the Members as follows:

 

(a)          The
Company has all requisite power and authority to execute and deliver this Agreement and to perform its obligations under this Agreement,
including the issuance of the Exchanged Shares. None of the execution, delivery or performance by the Company of this Agreement
shall conflict with or violate any agreement, document, instrument or certificate to which the Company is a party or by which the
Company is bound. None of the execution, delivery or performance by the Company of this Agreement shall require the consent of,
a waiver by or notification to any third party that has not been obtained or given.

 

    	2

     

    

 

(b)           All
of the Exchanged Shares to be issued to each Member under this Agreement, when issued and delivered in accordance with the terms
of this Agreement, will be duly authorized and validly issued, and free and clear of any and all liens, claims, encumbrances and
rights of all others whomsoever.

 

Section 4. Survival. All of the representations,
warranties and agreements of the Members set forth herein shall survive the execution and delivery of this Agreement.

 

Section 5. Transfer Provisions. The
Members and Company agree that the Members will be subject to certain restrictions on their ability to transfer their respective
Exchanged Shares. All transferees of Exchanged Shares or any interest therein will receive and hold such Exchanged Shares subject
to the provisions of this Agreement. Any sale or transfer of the Exchanged Shares shall be void unless the provisions of this Agreement
are met.

 

Section 6. Assignment; Binding Effect;
Third-Party Beneficiaries. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their
respective successors and assigns. Each of the Company’s affiliates is a third-party beneficiary under this Agreement. Notwithstanding
anything contained in this Agreement to the contrary, nothing in this Agreement (other than as set forth in the immediately preceding
sentence), express or implied, is intended to confer on any person other than the parties hereto or their respective heirs, successors,
executors, administrators and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.

 

Section 7. Entire Agreement. This
Agreement constitutes the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior
agreements and understandings (oral and written) among the parties with respect thereto.

 

Section 8. Severability. Any term
or provision of this Agreement which is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective
to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions
of this Agreement or otherwise affecting the validity or enforceability of any of the terms or provisions of this Agreement in
any other jurisdiction. If any provision of this Agreement is so broad as to be unenforceable, the provision shall be interpreted
to be only so broad as is enforceable.

 

    	3

     

    

 

IN WITNESS WHEREOF,
this Agreement has been duly executed as of the date first above written.

 

	 	FATHOM HOLDINGS INC.
	 	 	 
	 	By: 	/s/ Joshua Harley
	 	 	Joshua Harley, President

 

[Signature Page to Contribution and Exchange
Agreement]

 

    	 

     

    

 

	 	MEMBERS:
	 	 
	 	/s/ Joshua Harley
	 	Joshua Harley
	 	 
	 	/s/ Glenn Sampson
	 	Glenn Sampson
	 	 
	 	/s/ Sean Varin
	 	Sean Varin
	 	 
	 	/s/ Bruce Ives
	 	Bruce Ives
	 	 
	 	/s/ Sherry Riano
	 	Sherry Riano
	 	 
	 	/s/ Jack Sherman
	 	Jack Sherman
	 	 
	 	/s/ Marco Fregenal
	 	Marco Fregenal
	 	 
	 	/s/ Glenn Astolfi
	 	Glenn Astolfi

 

[Signature Page to Contribution and Exchange
Agreement]

 

    	 

     

    

 

Exhibit A

 

Contributed Interests

 

	 	 	Contributed Interests of Fathom Realty Holdings	 
	Member	 	Voting Common
 Units	 	 	Nonvoting
 Common Units	 	 	Preferred Units	 	 	Total Units	 
	Joshua Harley	 	 	11,810,526	 	 	 	0	 	 	 	1,157,660	 	 	 	12,968,186	 
	Glenn Sampson	 	 	4,031,511	 	 	 	0	 	 	 	385,887	 	 	 	6,993,253	 
	Sean Varin	 	 	133,583	 	 	 	0	 	 	 	0	 	 	 	133,583	 
	Bruce Ives	 	 	133,583	 	 	 	0	 	 	 	0	 	 	 	133,583	 
	Sherry Riano	 	 	37,615	 	 	 	0	 	 	 	0	 	 	 	37,615	 
	Jack Sherman	 	 	31,350	 	 	 	0	 	 	 	0	 	 	 	31,350	 
	Marco Fregenal	 	 	0	 	 	 	2,495,584	 	 	 	0	 	 	 	2,495,584	 
	Glenn Astolfi	 	 	44,955	 	 	 	0	 	 	 	0	 	 	 	44,955	 

 

Exchanged Shares

 

	Member	    	Series B Common Stock of the Company	 
	Joshua Harley	 	 	41,107,948	 
	Glenn Sampson	 	 	22,167,964	 
	Sean Varin	 	 	423,446	 
	Bruce Ives	 	 	423,446	 
	Sherry Riano	 	 	119,236	 
	Jack Sherman	 	 	99,377	 
	Marco Fregenal	 	 	7,910,770	 
	Glenn Astolfi	 	 	142,503	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Joshua Harley, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the “Contribution
Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited liability company (the “Company”),
and Fathom Holdings Inc., a North Carolina corporation, hereby consents to (i) the execution of the Contribution Agreement
by his or her spouse, (ii) any agreements, consents and transactions contemplated thereunder to which his or her spouse is a party
or signatory, and (iii) the performance by his or her spouse of such obligations under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	Melissa Harley
	 	[Spouse's Name]
	 	 
	 	/s/ Melissa Harley
	 	[Spouse Signature]

 

	 	Address: 	3608 Bahama Dr.
	 	 	Plano, TX 75074
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Glenn Sampson, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the “Contribution
Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited liability company (the “Company”),
and Fathom Holdings Inc., a North Carolina corporation, hereby consents to (i) the execution of the Contribution Agreement
by his or her spouse, (ii) any agreements, consents and transactions contemplated thereunder to which his or her spouse is a party
or signatory, and (iii) the performance by his or her spouse of such obligations under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	Jean P. Sampson
	 	[Spouse's Name]
	 	 
	 	/s/ Jean P. Sampson
	 	[Spouse Signature]

 

	 	Address: 	3520 Bahama Drive 
	 	 	Plano, TX 75074
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Sean Varin, who is a party to that certain Contribution and Exchange Agreement dated September 4 , 2018 (the
 “Contribution Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited
liability company (the “Company”), and Fathom Holdings Inc., a North Carolina corporation, hereby consents
to (i) the execution of the Contribution Agreement by his or her spouse, (ii) any agreements, consents and transactions contemplated
thereunder to which his or her spouse is a party or signatory, and (iii) the performance by his or her spouse of such obligations
under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September _4__, 2018

 

	 	Leticia Varin
	 	[Spouse's Name]
	 	 
	 	/s/ Leticia Varin
	 	[Spouse Signature]

 

	 	Address: 	139 Shasta Drive
	 	 	Hickory Creek, TX 75065
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Bruce Ives, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the “Contribution
Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited liability company (the “Company”),
and Fathom Holdings Inc., a North Carolina corporation, hereby consents to (i) the execution of the Contribution Agreement
by his or her spouse, (ii) any agreements, consents and transactions contemplated thereunder to which his or her spouse is a party
or signatory, and (iii) the performance by his or her spouse of such obligations under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	Kathleen Ives
	 	[Spouse's Name]
	 	 
	 	/s/ Kathleen Ives
	 	[Spouse Signature]

 

	 	Address: 	111 Hidden Valley Airpark
	 	 	Shady Shores, TX 76208
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Sherry Riano, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the “Contribution
Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited liability company (the “Company”),
and Fathom Holdings Inc., a North Carolina corporation, hereby consents to (i) the execution of the Contribution Agreement
by his or her spouse, (ii) any agreements, consents and transactions contemplated thereunder to which his or her spouse is a party
or signatory, and (iii) the performance by his or her spouse of such obligations under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	R. Riano
	 	[Spouse's Name]
	 	 
	 	/s/ R. Riano
	 	[Spouse Signature]

 

	 	Address: 	 
	 	 	 
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Jack Sherman, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the “Contribution
Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited liability company (the “Company”),
and Fathom Holdings Inc., a North Carolina corporation, hereby consents to (i) the execution of the Contribution Agreement
by his or her spouse, (ii) any agreements, consents and transactions contemplated thereunder to which his or her spouse is a party
or signatory, and (iii) the performance by his or her spouse of such obligations under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	Evelyn Sherman  
	 	[Spouse's Name]
	 	 
	 	/s/ Evelyn Sherman
	 	[Spouse Signature]

 

	 	Address: 	 
	 	 	 
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Marco Fregenal, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the “Contribution
Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited liability company (the “Company”),
and Fathom Holdings Inc., a North Carolina corporation, hereby consents to (i) the execution of the Contribution Agreement
by his or her spouse, (ii) any agreements, consents and transactions contemplated thereunder to which his or her spouse is a party
or signatory, and (iii) the performance by his or her spouse of such obligations under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	Renée C. Fregenal
	 	[Spouse's Name]
	 	 
	 	/s/ Renée C. Fregenal
	 	[Spouse Signature]

 

	 	Address: 	3108 Megwood Court
	 	 	Apex, NC 27539
	 	 	 

 

    	 

     

    

 

SPOUSAL CONSENT 

 

The undersigned, being
the spouse of Glenn R. Astolfi, who is a party to that certain Contribution and Exchange Agreement dated September 4, 2018 (the
 “Contribution Agreement”), by and among certain members of Fathom Realty Holdings LLC, a Texas limited
liability company (the “Company”), and Fathom Holdings Inc., a North Carolina corporation, hereby consents
to (i) the execution of the Contribution Agreement by his or her spouse, (ii) any agreements, consents and transactions contemplated
thereunder to which his or her spouse is a party or signatory, and (iii) the performance by his or her spouse of such obligations
under the Contribution Agreement.

 

Further, the undersigned hereby acknowledges
the existence of the Contribution Agreement and his or her agreement to bind to the terms of the Contribution Agreement his or
her community property and/or quasi-community property interest, if any, in any of the membership interests in the Company owned
by his or her spouse; provided, however, that nothing contained in this provision is intended to, nor shall be deemed to, confer
or create any community property and/or quasi-community property interest in such membership interests upon the undersigned.

 

Dated September 4, 2018

 

	 	Pamela J. Astolfi
	 	[Spouse's Name]
	 	 
	 	/s/ Pamela J. Astolfi
	 	[Spouse Signature]

 

	 	Address: 	314 Montclair Dr.
	 	 	Apex, NC 27502Exhibit 10.7

 

 

	FATHOM REALTY
	Corporate Address: 211 New Edition Ct.
	Cary, NC 27511 | www.FathomRealty.com

 

INDEPENDENT CONTRACTOR AGREEMENT

 

	 	Agent’s Name:	 	 	 
	 	Market Center Name:	 	Fathom Realty -	 
	 	Agreement Date:	 	 	 

 

	1.	Engagement

This Agreement is entered into by and between
the Agent and Broker identified above. Subject to the terms and conditions of this Agreement, Broker engages Agent as an independent
contractor regarding the purchase and sale of real estate within that certain defined region and/or office, hereinafter referred
to as the “Market Center.” Agent hereby acknowledges and accepts such independent contractor engagement with Broker
and represents that he/she is a licensed Real Estate Agent within the state the Market Center is located.

 

	2.	Independent Contractor

The parties acknowledge and agree that
Agent is an Independent Contractor and shall always be serving as an independent contractor to the Broker and shall not be deemed
an employee or Agent of the Broker. Nothing in this Agreement is intended to, or shall be deemed to, constitute a partnership or
joint venture between the parties. Agent solely determines his/her working hours, clients, marketing, and sales methods. Agent
shall have no claim against the Broker for vacation pay, sick leave, retirement benefits, social security, worker’s compensation,
health or disability benefits, unemployment insurance benefits, or employee benefits of any kind.

 

Agent has no authority to incur obligations
on the behalf of Broker or in Broker’s name and shall not sign any contract, agreement, lease or note in the name of Broker,
open or maintain a bank account or investment account in the name of Broker, nor endorse for collection or deposit in Agent’s
personal account any check, money order or other negotiable instrument made payable to Broker.

 

	3.	Company Policies

The Agent agrees to review and comply with
all Fathom Realty company policies. The Fathom Realty Policy Manual is readily accessible on the Fathom Wiki (www.FathomWiki.com)
and subject to change without notice.

 

	4.	Licensed Agent

The Agent certifies that at the time of
signing this agreement and the duration of this agreement he/she has an active real estate license in the Fathom market center
they wish to join and practice real estate.

 

	5.	Tax Withholding

The Broker will not be obliged to withhold
federal, state, local payroll or any other taxes from any payment made to Agent or to any other person hereunder, whether such
payment is to be made in cash or other property. Agent shall be solely responsible for the collection and payment of all taxes
attributable to payments Agent receives pursuant to this Agreement.

 

	6.	Term and Termination

The term of this Agreement shall be effective
upon the date of execution and continue until either party elects to terminate this Agreement. Either party may terminate this
Agreement, with or without cause, at any time. Notification of termination must be provided to the Company in writing to Agent
Services (agentservices@fathomrealty.com) immediately to ensure compliance with state and local advertising rules and to
ensure accuracy in the processing of outstanding dues/fees. Failure to send notification in writing may result in Agent continuing
to be charged fees/dues. In the event of termination, the parties shall be held to the continuing rights or obligations of either
Agent or Broker under this Agreement.

 

    	Page 1 of 6   Fathom Realty - Independent Contractor Agreement (V. 12/1/2018)
	 	 
	 	Agent’s Initials

     

    

 

Upon the termination of this Agreement,
Broker shall release and allow Agent to transfer all solo listings, buyer representations, not currently under contract that Agent
originated. For listings and agency contracts shared with other real estate agents located within Market Center, such listings
and agency contracts shall remain with the Market Center. All listings, seller representations and buyer representations under
contract at the time of Agent termination shall remain with the Market Center. However, Agent shall receive his/her commission
upon the sale and closing of such real estate pursuant to the terms of the commission split policies as expressly stated on the
Schedule A.

 

Upon termination of the Agreement, any
pending transactions will be funded per the existing transaction fees as described in the Schedule A Agent has signed, including
but not limited to: the Annual Fee and transaction fees, as well as a one-time $50 documentation fee.

 

Upon termination of this Agreement, Agent
authorizes Broker to deduct any outstanding amounts due and owed by Agent to Broker, including but not limited to the Annual Fee,
transaction fees, participation fees, commission splits, insurance premiums, and Market Center property not returned to the Market
Center within 10 business days or other business-related expenses.

 

	7.	Exclusivity

During the term of this Agreement, Agent
agrees to list all of his/her real estate listings and all of his/her real estate transactions located within the Market Center
under the Fathom Realty name. This clause pertains to the conduct of all real estate transactions with the exception of Property
Management. Agents are not permitted to perform Property Management functions as a service to clients/customers under Fathom Realty.
Violation of this exclusivity requirement is grounds for immediate separation.

 

	8.	Listing Syndication

Fathom Realty reserves the right to syndicate,
broadcast, and publish all listings in an Internet Data Exchange (IDX) compliant manner. This may include publishing listings to
company owned and third party websites.

 

	9.	Code of Conduct

Agent acknowledges and agrees to abide
by all codes of conduct, conflict of interest policies, and minimum business standards as set forth by Fathom Realty, Broker, and
each professional trade organization that Agent and Broker is a member. Agent shall comply with all local, state and federal laws.
Agent agrees not to act, conduct himself/herself, make any verbal or non-verbal statement or maintain any association that may
damage Fathom Realty or Broker, its name, goodwill, trademarks, and reputation or cause the public to lose confidence in the Fathom
Realty or Broker.

 

	10.	Conflicts of Interest

Agent hereby covenants and agrees that
during the term of this Agreement, Agent shall not engage or participate in any activities which conflict with the interests and
activities of the Broker; engage in developing, managing, providing or marketing of services comparable to that marketed by the
Broker within the Market Center (the “Restricted Area”). (a). Agents are permitted to work as a Loan Officer while
affiliated with Fathom Realty, however it is not permitted to represent a party to the transaction while performing loan officer
functions. (b). Agents are permitted to sell his/her own property including but not limited to when the Agent’s name, Agent's
spouse’s name, spouse’s company name, Agent’s company name and/or Agent’s trust name is on the title. This
also includes common interest. However, due to increased liability, certain restrictions apply. See Schedule A (attached). (c).
Agents are not permitted to sell a business and/or contents of a business. (d). Upon the termination of this Agreement, nothing
in this Agreement shall prohibit either party from performing like or similar services for any other person or entity.

 

    	Page 2 of 6   Fathom Realty - Independent Contractor Agreement (V. 12/1/2018)
	 	 
	 	Agent’s Initials

     

    

 

	11.	Compensation

The parties agree to the compensation structure
as set forth in the Schedule A (attached). Agent acknowledges that Broker retains sole discretion to amend the Schedule A. Agent’s
compensation shall be payable for closed transactions only. Agent shall not draw or borrow against any compensation payment from
Broker. Agent authorizes Broker to deduct any outstanding amounts due and owed by Agent to Broker or other entity, including but
not limited to the Annual Fee, participation fees, commission splits, transaction fees, insurance premiums, other business-related
expenses, irrevocable commission disbursement instructions from a commission advance company, and local, state, and federal child
support and/or tax orders that order the garnishment of wages. When an Agent is past due in amounts owed to Fathom or other entity,
all compensation to Agents will be paid through the Market Center.

 

Agent shall be solely responsible for all
of his/her own business expenses, including but not limited to, real estate license fees, occupational taxes, association dues,
insurance, transportation, business cards, yard signs, brochures (and other marketing materials), business entertainment costs,
and specific fees assessed by Fathom Realty for access to the Fathom Realty Intranet and e-mail system and other expense incident
to the conduct of his/her services as an Agent (collectively, “Transaction Fees”).

 

Agent is responsible to pay all fees in
full as set forth in the Schedule A (attached) even if they elect to discount the fees collected from a client/customer for a limited
service listing or offer otherwise agreed upon discounts to the client/customer.

 

Per company policy, the Agent is responsible
for uploading all transactional paperwork within 48 hours of execution date. Agent is responsible for submitting the transaction
for review and approval at least 3 to 5 business days prior to closing. Failing to submit paperwork in accordance with company
policy is a violation and may result in a delay in closing, the processing of commission disbursements, and/or result is all compensation
being paid through the Market Center. Continued disregard of adhering to company policies may result in Agent termination.

 

	12.	Professional Liability Insurance

Fathom Realty provides Professional Liability Insurance, also
known as Errors & Omissions (E&O) Insurance, covering errors and omissions incident to the professional services real estate
sales associate customarily provides. Agent is responsible to pay a premium to Broker which is factored into the Annual Fee and/or
monthly dues stated on the Schedule A. The premium will ensure his/her coverage over his/her real estate transactions. The policy
has a deductible per transaction that will be covered by the company in the event of a claim except in certain cases (i.e., fraud,
commercial environmental issues, and transactions in which the Sales Associate acted as a principal or property manager.) The Agent
is welcome to obtain additional coverage including individual E&O Insurance and/or an umbrella insurance policy that will provide
additional protection. For occurrences not covered by such E&O insurance and for liability arising from Agent’s gross
negligence, negligence (unintentional) and/or violation of any law, regulation or standard of conduct, Agent agrees to indemnify
and hold Broker and Fathom Realty harmless from and against the date the incident or omission that gave rise to the liability occurred.

 

E&O insurance will not cover transactions
that are closed without District Director approval and without a Commission Disbursement Authorization (CDA) approved by the Fathom
Compliance Department (prior to closing). In addition to voiding E&O insurance coverage, the Agent will be subjected to a $500
fine for repeat offenses.

 

	13.	Risk Management Fees

Risk Management Fees are fees paid by the
Agent on transactions deemed to incur higher risk to the Agent and the Firm per our E&O insurance policy. The fees are levied
to help offset the higher cost of the insurance policy.

 

Risk Management fees apply on the following
types of transactions including, but not limited to: High Value Properties, Transactions in which the Agent is representing both
the buyer and seller in the same transaction OR when both parties in a transaction do not have exclusive representation by different
unrelated agents, and the Sale of Personal Real Estate. Risk Management Fee are outlined in the Schedule A (attached).

 

    	Page 3 of 6   Fathom Realty - Independent Contractor Agreement (V. 12/1/2018)
	 	 
	 	Agent’s Initials

     

    

 

	14.	Limited Trademark License

During the term of this Agreement, Broker
grants Agent a limited license to use the Fathom Realty service mark on his/ her marketing materials, yards signs, business cards,
letterhead and other business forms. Agent shall obtain the prior approval by Broker and Fathom Realty regarding such use of the
Fathom Realty service mark. Upon the termination of this Agreement, Agent shall be prohibited from using the Fathom Realty service
mark. Agent shall immediately destroy all marketing materials, business cards, letterhead and business forms that affiliate Agent
with Fathom Realty.

 

	15.	Confidentiality

Each party acknowledges that it will receive
confidential information and trade secrets (“Confidential Information”) from the other party in the course of performing
the real estate services. The Confidential Information shall be deemed to include all the information one party receives from the
other, except anything designated as not confidential. During the term of this Agreement, Agent will have access to and become
acquainted with confidential, propriety, business and private information relating to the Broker and its customers, including but
not limited to current and prospective client lists and past transactions. Agent agrees that during the term of this Agreement
and for twelve (12) months thereafter, Agent shall not disclose any such confidential information, directly or indirectly, or use
the same in any manner whatsoever, except as required in connection with Agent’s performance under this Agreement.

 

	16.	Non-Disclosure Agreements

Agent hereby represents and warrants that
he/she has and, as of the date of acceptance, he/she will have and will (and does hereby) assign and transfer to the Broker, the
right to prevent unauthorized disclosures concerning Fathom Realty, the Market Center, its client and prospective client database,
business practices, software and confidential information by past or present agents or employees of, independent contractors of,
agents of, or consultants to, Agent or any other persons or entities to whom Agent has or shall have communicated Confidential
Information regarding the same. Agent agrees to avoid and prevent, and to take such action as the Broker may reasonably request
to prevent, any and all disclosures of any confidential information relating to Fathom Realty, the Market Center, its client and
prospective client database, business practices, software and confidential information which have not been specifically authorized
in writing by the Broker.

 

	17.	Non-Solicitation

Agent hereby expressly covenants and agrees,
that, at no time during the term of this Agreement, and for a period of twelve (12) months immediately following the termination
of this Agreement, whether said termination is occasioned by the Broker, Agent or the mutual agreement of said parties, will Agent
directly or indirectly for himself/herself, or in behalf of any other person, persons, firm, partnership, corporation, Broker or
other entity (i) call upon any customer or customers provided to Agent by the Broker, who was a customer of the Broker during the
term of this Independent Contractor Agreement, for the purpose of soliciting, selling and otherwise marketing any service similar
to services offered by the Broker, nor (ii) solicit, divert or take away any such customers of Broker, nor (iii) contact, or assist
any person in contacting, or discuss with any employee or current independent contractor of the Broker or any former employee or
independent contractor of the Broker whose employment or term ended within three (3) months prior to, or at any time after, the
termination of Agent’s independent contractor agreement, with respect to offering any such employee or independent contractor,
employment or engagement with any person.

 

	18.	Indemnification

Agent agrees to indemnify and hold Broker
and Fathom Realty harmless from and against all liability that Broker or Fathom Realty incurs or suffers on account of Agent’s
intentional disregard or breach of any law, regulation or standard of conduct that applies to Agent’s actions or activities
as a licensed real estate sales associate. Furthermore, Agent shall indemnify Broker and hold it harmless from any loss, claim
or damage to persons or property, arising out of this Agreement or the services provided, including attorneys’ fees, to the
extent that such loss, claim or damage is caused by the intentional acts of Agent or from Agent’s breach of any term of this
Agreement. This indemnity survives any termination of this Agreement.

 

	19.	Representations

(a). Agent represents that he/she is
duly licensed as a real estate agent in the State that Market Center is located and is able to perform with all legal rights and
authority granted therein.

 

    	Page 4 of 6   Fathom Realty - Independent Contractor Agreement (V. 12/1/2018)
	 	 
	 	Agent’s Initials

     

    

 

(b). Agent is not now, and has not been
within the last five (5) years, a defendant in any lawsuit alleging professional misconduct or violation of any deceptive trade
practices/consumer protection law, nor is Agent currently subject to an investigation by a real estate commission or comparable
oversight body, nor was Agent found in violation of a real estate commission or comparable oversight body. In the event the Agent
cannot represent this, then the details of this must be disclosed in writing and attached as an Addendum to this Agent Agreement.

 

(c). Agent expressly represents and warrants
that Agent is free to associate with Broker and that Agent is not bound by a non-compete, promise or commitment to any other real
estate Broker, agency, association, firm, broker, person or corporation that prohibits or prevents Agent from associating with
Fathom Realty.

 

(d). As an independent contractor, Agent acknowledges
that whether he/she earns income as a real estate agent is solely based upon him/her. Agent acknowledges that neither Broker nor
Fathom Realty made any representations regarding income, guaranteed or otherwise.

 

(e). Broker represents to Agent that Broker
or Broker’s Operating Principal is duly licensed as a real estate broker in the state in which the Market Center is located.

 

	20.	Miscellaneous Provisions

(a). Severability: In the event that any term
or condition contained herein is held to be invalid or enforceable, all remaining terms and conditions shall remain unaffected
and shall continue to inure to the benefit of and to be binding upon the parties hereto.

 

(b). Modification of Agreement: No Waiver
or modification of this Agreement or of any covenant, condition, or limitation herein contained shall be valid unless in writing
and duly executed by both parties, and no evidence of any waiver or modification shall be offered or received in evidence in any
proceeding, arbitration, or litigation between the parties hereto arising out of or affecting this Agreement, or the rights or
obligations of the parties hereunder, unless such waiver or modification is in writing and duly executed by both parties. The parties
further agree that the provisions of this Section may not be waived except as herein set forth.

 

(c). Other Agreements: This Agreement contains
the complete agreement between the parties and shall, as of the effective date hereof, supersede all other agreement between the
parties. The parties stipulate that neither of them has made any representation with respect to the subject matter of this Agreement
or the execution and delivery hereof except such representations as are specifically set forth herein. Each of the parties hereto
acknowledges that they have relied on their own judgment in entering into this Agreement. The parties acknowledge and agree that
they have been informed of their respective right to seek independent legal counsel and did in fact, have a reasonable opportunity
to retain independent representation. The parties acknowledge having either obtained such independent counsel or having waived
their right to the same.

 

(d). Forbearance-No Waiver: Forbearance or
neglect on the part of either party to insist upon strict compliance with the terms of this Agreement shall not be construed as
or constitute a waiver thereof.

 

(e). Choice of Law: It is the intention of
the parties hereto that this Agreement and the performances hereunder and all suits and special proceedings hereunder be construed
in accordance with and pursuant to the laws of the State of Texas. The parties agree that any suit, action or proceeding for the
enforcement of this Agreement shall be brought in the State or Federal Courts in the State of Texas, County of Dallas and the parties
consent to the jurisdiction, forum and venue of such courts.

 

(f). Counterparts: This Agreement may be executed
in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and
the same instrument.

 

    	Page 5 of 6   Fathom Realty - Independent Contractor Agreement (V. 12/1/2018)
	 	 
	 	Agent’s Initials

     

    

 

IN WITNESS WHEREOF the parties hereto have executed this Agreement
to be made effective as of the day and year last written below.

 

	AGENT’S PRINTED NAME:	 	TODAY’S DATE:
	 	 	 
	AGENT’S SIGNATURE:	 	 
	 	 	 
	REAL ESTATE LICENSE NO.:	 	SOCIAL SECURITY NO.:
	 	 	 
	HOME STREET ADDRESS:	 	 
	 	 	 
	CITY:	 	STATE:	 	ZIP:	 
	 	 	 	 	 	 
	CELL PHONE:	 	EMAIL:
	 	 	 
	AUTHORIZED BY:

PRINTED NAME:	Josh Harley	 
	 	 	 
	AUTHORIZED BY:

SIGNATURE:	/s/ Josh Harley	 
	 	 	 
	CORPORATE ADRESS:	211  New  Edition Ct.	 
	 	 	 
	CITY:	Cary	STATE:	NC	ZIP:	27511
	 	 	 	 	 	 
	OFFICE PHONE:	877-661-1977	 
	 	 	 
	OFFICE EMAIL:	support@fathomrealty.com	 

 

    	Page 6 of 6   Fathom Realty - Independent Contractor Agreement (V. 12/1/2018)
	 	 
	 	Agent’s Initials

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}]]