Common use of ADDITIONAL ADVISORY FEES Clause in Contracts

ADDITIONAL ADVISORY FEES. 1. EGPI FIRECREEK, INC. agrees to engage ANTCAMP as a consultant in connection with future Business Transactions on terms mutually agreeable in writing providing for Services commensurate with those provided under this Agreement and compensation payable to ANTCAMP appropriate for the scope of services and the size of the proposed Business Transactions as long as ANTCAMP has provided to EGPI Firecreek, Inc. by virtue of its current consulting work or introductions to debt or equity financing, a closed Business Transaction to the benefit of EGPI Firecreek Inc. in the amount of three million dollars ($3,000,000). 2. Without limiting the generality of the foregoing Section 1, ANTCAMP shall receive compensation for successful M&A transaction involving the Company of six percent (6%) of the first million dollars ($1,000,000) of Consideration, four percent (4%) of the second million dollars ($2,000,000) of Consideration, two percent (2%) of the third million ($3,000,000) and a flat one percent (1%) of the total consideration that exceeds three million dollars ($3,000,000). Warrants may be included as additional Consideration for a successful M&A transaction. Any Warrants will be subject to terms, provisions and conditions then acceptable by the Company and ANTCAMP and set forth in exhibit “A” hereto. For the purposes of this Agreement, "Consideration" and any definition thereof shall be determined on a case by case basis, mutually agreeable in writing, and as then may be applicable. 3. For any Business Transaction resulting in a Equity Financing closing at any time prior to the end of this Agreement, with respect to which ANTCAMP has provided Services under this Agreement, ANTCAMP will receive 10% of cash compensation. Warrant Compensation will be set forth in Exhibit “B” attached hereto. EGPI FIRECREEK, INC. shall pay this compensation with respect to any Business Transactions for a period of 18 months after the termination of this Agreement. EGPI FIRECREEK, INC. acknowledges that such compensation shall be paid as part of the consideration for all services ANTCAMP has provided which has resulted in a closed Equity Financing Business Transaction. XXXXXX XXXXXX OR NOMINEE EGPI FIRECREEK, INC. 4. For any Business Transaction resulting in a Debt Financing closing at any time prior to the end of this Agreement, with respect to which ANTCAMP has provided Services under this Agreement, ANTCAMP will receive as a minimum 2% of cash compensation.

Appears in 2 contracts

Samples: Corporate Advisory Agreement (Egpi Firecreek, Inc.), Corporate Advisory Agreement (Egpi Firecreek, Inc.)

AutoNDA by SimpleDocs

ADDITIONAL ADVISORY FEES. 1. EGPI FIRECREEK, INC. agrees to engage ANTCAMP as a consultant in connection with future Business Transactions on terms mutually agreeable in writing providing for Services commensurate with those provided under this Agreement and compensation payable to ANTCAMP appropriate for the scope of services and the size of the proposed Business Transactions as long as ANTCAMP has provided to EGPI Firecreek, Inc. by virtue of its current consulting work or introductions to debt or equity financing, a closed Business Transaction to the benefit of EGPI Firecreek Inc. in the amount of three million dollars ($3,000,000). 2. Without limiting the generality of the foregoing Section 1, ANTCAMP shall receive compensation for successful M&A transaction involving the Company of six percent (6%) of the first million dollars ($1,000,000) of Consideration, four percent (4%) of the second million dollars ($2,000,000) of Consideration, two percent (2%) of the third million ($3,000,000) and a flat one percent (1%) of the total consideration that exceeds three million dollars ($3,000,000). Warrants may be included as additional Consideration for a successful M&A transaction. Any Warrants will be subject to terms, provisions and conditions then acceptable by the Company and ANTCAMP and set forth in exhibit “A” hereto. For the purposes of this Agreement, "Consideration" and any definition thereof shall be determined on a case by case basis, mutually agreeable in writing, and as then may be applicable. 3. For any Business Transaction resulting in a Equity Financing closing at any time prior to the end of this Agreement, with respect to which ANTCAMP has provided Services under this Agreement, ANTCAMP will receive 10% of cash compensation. Warrant Compensation will be set forth in Exhibit “B” attached hereto. EGPI FIRECREEK, INC. shall pay this compensation with respect to any Business Transactions for a period of 18 months after the termination of this Agreement. EGPI FIRECREEK, INC. acknowledges that such compensation shall be paid as part of the consideration for all services ANTCAMP has provided which has resulted in a closed Equity Financing Business Transaction. XXXXXX XXXXXX OR NOMINEE EGPI FIRECREEK, INC. 4. For any Business Transaction resulting in a Debt Financing closing at any time prior to the end of this Agreement, with respect to which ANTCAMP has provided Services under this Agreement, ANTCAMP will receive as a minimum 2% of cash compensation.

Appears in 1 contract

Samples: Corporate Advisory Agreement (Egpi Firecreek, Inc.)

AutoNDA by SimpleDocs

ADDITIONAL ADVISORY FEES. 1. EGPI FIRECREEK, INC. agrees to engage ANTCAMP consider engagement of SA as a consultant in connection with future Business Transactions on terms mutually agreeable in writing providing for Services commensurate with those provided under this Agreement and compensation payable to ANTCAMP SA appropriate for the scope of services and the size of the proposed Business Transactions as long as ANTCAMP SA has provided to EGPI Firecreek, Inc. by virtue of its current consulting work or introductions to debt or equity financing, a closed Business Transaction to the benefit of EGPI Firecreek Inc. in the amount of three million dollars ($3,000,000). 2. Without limiting the generality of the foregoing Section 1, ANTCAMP SA shall receive compensation for successful M&A transaction involving the Company of six percent (6%) of the first million dollars ($1,000,000) of Consideration, four percent (4%) of the second million dollars ($2,000,000) of Consideration, two percent (2%) of the third million ($3,000,000) and a flat one percent (1%) of the total consideration that exceeds three million dollars ($3,000,000). Warrants may be included as additional Consideration for a successful M&A transaction. Any Warrants will be subject to terms, provisions and conditions then acceptable by the Company and ANTCAMP SA and set forth in exhibit “A” hereto. For the purposes of this Agreement, "Consideration" and any definition thereof shall be determined on a case by case basis, mutually agreeable in writing, and as then may be applicable. 3. For any Business Transaction resulting in a Equity Financing closing at any time prior to the end of this Agreement, with respect to which ANTCAMP SA has provided Services under this Agreement, ANTCAMP SA will receive 10% of cash compensation. Warrant Compensation will be set forth in Exhibit “B” attached hereto. EGPI FIRECREEK, INC. shall pay this compensation with respect to any Business Transactions for a period of 18 months after the termination of this Agreement. EGPI FIRECREEK, INC. acknowledges that such compensation shall be paid as part of the consideration for all services ANTCAMP SA has provided which has resulted in a closed Equity Financing Business Transaction. XXXXXX XXXXXX OR NOMINEE EGPI FIRECREEK, INC. 4. For any Business Transaction resulting in a Debt Financing closing at any time prior to the end of this Agreement, with respect to which ANTCAMP SA has provided Services under this Agreement, ANTCAMP SA will receive as a minimum 2% of cash compensation.

Appears in 1 contract

Samples: Corporate Advisory Agreement (Egpi Firecreek, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!