Agreement made this 5th day of April, 2004 between TRANS INDIES REALTY INVESTMENT
CORPORATION, a corporation organized and created under the existing laws of Puerto Rico, hereafter
referred to as TIRI, and Delta Developers Corporation, hereafter referred to as Developer, the sole proprietors
of "Brisas del Atlantico", hereafter referred to as Project, a housing development projected to build
approximately three hundred homes located in the municipality of Aguadilla. In consideration of the efforts
described herewith it is agreed by the Developer to give TIRI the exclusive right to sell the herein mentioned
It is expected by all parties that the Project will be ready to commence delivery of the individual housing units in
approximately twelve months from the date of the signing his contract.
In consideration of the exclusive right of TIRI to undertake the sale of this Project, TIRI agrees to the following:
A) TIRI shall adequately staff the sales office with personnel selected by TIRI at its sole cost and expense. The
Developer shall advance TIRI from future commission a monthly payment of one thousand five hundred dollars
($1,500) to cover part of the operational cost of sales office. This advance on future sales commission shall begin
when the sales office is ready to start sales operation or when the Developer decides that TIRI shall commence
sales operation from any location. This cost to be included by the Developer as part of the operational expense
requested within the construction loan.
B) The office hours shall be established by the Developer and TIRI, and may be changed by mutual agreement to
accommodate changing needs of our clients.
C) TIRI will furnish the Developer with a written weekly report of the sales activity of the previous week, and any
such information and data as the Developer may reasonably request from time to time during the term thereof.
D) TIRI will also supply the Developer, periodic statistical data on our purchasers and potential pu