Commission and Fees. The Company shall pay to the Broker a commission of $.02 cents per share of Stock repurchased pursuant to this Repurchase Agreement. In addition, the Company shall pay to the Broker the DWAC fee for the transfer agent. In accordance with the Broker’s customary procedures, the Broker will deposit shares of Stock purchased hereunder into an account established by the Broker for the Company against payment to the Broker of the purchase price therefor and commissions and other amounts in respect thereof payable pursuant to this Section. The Company will be notified of all transactions pursuant to customary trade confirmations.
Appears in 4 contracts
Samples: Repurchase Agreement (Optical Cable Corp), Repurchase Agreement (Optical Cable Corp), Repurchase Agreement (Optical Cable Corp)
