Cash Fee. The Company shall pay to Xxxxxxxxxx a cash fee equal to 8.0% of the aggregate gross proceeds raised in each Offering. In the event that an Offering is an offering underwritten by Xxxxxxxxxx, such fee shall be payable as an underwriter discount applied to the purchase of Securities by Xxxxxxxxxx. In the event that an Offering does not involve a purchase of the Securities by Xxxxxxxxxx, such fee shall be payable in cash to an account specified in writing by Xxxxxxxxxx.
Appears in 4 contracts
Samples: Exclusive Agency Agreement (Diffusion Pharmaceuticals Inc.), Exclusive Agency Agreement (Diffusion Pharmaceuticals Inc.), Exclusive Agency Agreement (Diffusion Pharmaceuticals Inc.)
