Professional Territory License Agreement

1. License Grant

RESYD grants the approved professional a limited, revocable, non-transferable territory license for the specified Phoenix ZIP code. This license provides exclusive positioning within that ZIP during the active term.

This license does not constitute ownership of territory, property rights, equity interest, or partnership in RESYD.

2. Exclusivity Structure

Only one licensed professional is assigned per activated ZIP territory. Exclusivity remains valid only during active and compliant membership status.

3. Term & Commitment

All Phoenix Founding licenses require a minimum three (3) month commitment. The initial term begins upon activation following cleared payment.

Licenses renew on a monthly basis thereafter unless terminated according to this agreement.

4. Fees & Payment

The founding monthly license fee is $199 per month for approved founding professionals.

Payment is accepted exclusively via verified business bank transfer (ACH or Fedwire) to the designated corporate account.

Personal account transfers may be declined. Non-USD transfers are not accepted.

5. No Performance Guarantee

RESYD does not guarantee lead volume, transaction volume, revenue, conversion rates, or performance outcomes.

The territory license provides structured introduction positioning only.

6. Compliance & Conduct

The licensed professional must maintain:

• Valid real estate license
• Good standing with brokerage
• Accurate representation of services
• Professional communication standards

RESYD reserves the right to suspend or revoke the license for misconduct, misrepresentation, non-payment, or breach of agreement.

7. Non-Transferability

Territory licenses may not be sold, transferred, assigned, sublicensed, or delegated to any third party without written authorization.

8. Termination

RESYD may terminate the license for:

• Non-payment
• Policy violations
• Fraud or misrepresentation
• Regulatory non-compliance

Upon termination, exclusivity rights immediately cease.

9. Intellectual Property

All branding, systems, structured introduction processes, and platform technology remain property of RESYD.

10. Limitation of Liability

RESYD shall not be liable for indirect, incidental, or consequential damages arising from participation in the program.

11. Governing Law

This agreement is governed by the laws of the State of Delaware, United States.

12. Amendments

RESYD reserves the right to update or amend this agreement. Continued participation constitutes acceptance of revisions.

Last Updated: February 2026