The undersigned Owner of the Unit Weeks described above appoints Agent as exclusive agent for rental of the Property described above. Owner grants Agent the exclusive right to rent the Unit Weeks for the period, or any portion thereof, herein described, at rates and terms to be established at the sole discretion of Gulf Eastern Property Management, Inc. Rental rates are based upon comparable and historical prevailing rates established by Agent. Prevailing rates are subject to all discounts given, whenever deemed appropriate in Agent’s sole discretion to secure the booking. Owner acknowledges that AGENT DOES NOT GUARANTEE THAT ACCOMMODATIONS WILL RENT FOR ANY PARTICULAR TIME SPAN OR AT THE PUBLISHED RACK RATES. It is not the responsibility of Agent to contact owners with regard to rental status of Owner’s Property.