4.46 Performance Evaluations, Status Reports & Termination of Inactive Associates

From time to time the Company produces performance reports to evaluate if all Associates are performing and producing income for the Company. This report serves as a record of accountability for the Associate and allows the Manager or Broker to be able to review their performance. From time to time the Company will contact the Associate to discuss the performance evaluation by reviewing the Associate’s Status Report and make suggestions to improve the Associate’s performance. If an extended period of time (12 months or longer) goes by and an agent/loan officer is not producing any income for the Company, and has not previously produced any income for the Company, the Broker may request the agent/loan officer to unaffiliate with the Company and terminate the relationship. Alternatively, the Associate may be able to remain affiliated with AARE and become a part time agent/loan officer by working on a referral-only basis with the approval of the Broker or Manager.