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C. The Owner shall indemnify. defend and save the Agent harmless from all <br />claims. investigations and suites with respect to any alleged or actual <br />violation of state or federal laws. except for activities arising out of the <br />Agent's willful misconduct or gross negligence \vas a result <br />of Owner's instruction or direction, in which event Owner shall <br />indemnify Agent. Owner's obligation under this paragraph 20c. <br />shall include the payment of all settlements, judgments. damages, <br />liquidated damages, penalties, forfeitures. back pay awards. court costs, <br />litigation expenses and attorney's fees. <br />d. To give adequate advance written notice to the Agent if payment of <br />mortgage indebtedness. general taxes or special assessments or the placing <br />of fire, steam boiler or any other insurance is desired. <br />e. The Owner agrees to indemnity the Agent as to any liability imposed upon <br />the Agent by virtue of Agent's actions with respect to the Property, except <br />for activities arising ou! Agents willful misconduct or gross negligence, <br />unless such conduct or gross negligence was a result of Owner's <br />instruction or direction which event Owner shall indemnify Agent. <br />21. AGENT'S COMPFNSA T ION. All forms of compensation to Agent are <br />Property Expenses. The Anent will be compensated for its services under this <br />agreement by a monthly management fee. Such fee will be payable not later then <br />the fifth (5`11) day of each month for the preceding month. On the first day of each <br />succeeding month during the term o1' the Agreement the monthly management <br />feel shall be as follows: <br />s 117 be �:', .�! a.ui. il_i'11i iiCl:i f i lo?iihi, in' nf1ucin nt fee <br />I be a <br />wll, <br />118 -131 South Michigan Street — Leighton Plaza Garage Retail Redevelopment <br />Retail Shops monthly fee will be a minimum of Six Hundred Twenty Five <br />Dollars (5625.00) or 5 %, or gross revenues collected whichever is greater. <br />• Leighton Plaza Courtyard located at 130 South Main Street monthly fee will be a <br />flat fee of Seventy -Five Dollars (575.00). <br />In addition to the monthly management fee, the Agent will be compensated for <br />the following services. <br />a. All expenses for maintenance. repair and work order processing (including <br />any inspections by maintenance staff) are Property Expenses and are <br />invoiced bi- weekly and are due •within seven business days. Maintenance <br />rates are listed in "'Exhibit A" of this Agreement. <br />