Common use of Commission Expenses Clause in Contracts

Commission Expenses. 8.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Date, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of three point five per cent (3.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Shares which are successfully placed by the Placing Agent in accordance with this Agreement which the Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2. 8.2 The Company will be responsible for and pay all costs and expenses (except those stated in this Agreement to be payable by the Placees) in connection with the Placing, including but not limited to: (a) legal expenses and disbursements payable to the legal advisers of the Company and/or the Placing Agent (if any); (b) the preparation and release of the Announcement; (c) the allotment and issue of all the Placing Shares to be allotted and issued under this Agreement and registration of the subscribers therefor (including capital duty (if any), SFC transaction levy, Stock Exchange trading fees and the fee of the Company’s registrars), which amounts the Placing Agent is hereby authorized to deduct from the payments to be made by it to the Company pursuant to Clause 5.2 as applicable for the purposes of paying on the Company's behalf such costs, charges, fees and expenses PROVIDED THAT the Placing Agent shall seek the consent of the Company before any of such costs, charges, fees and expenses with an amount of exceeding HK$10,000 in aggregate is to be incurred. 8.3 Payment of the amounts referred to in Clause 8.2 shall be made by the Company whether or not the Company’s obligations under this Agreement are terminated pursuant to Clause 9 to the extent that the same have been incurred prior to termination or are incurred in consequence of termination.

Commission Expenses. 8.1 9.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Datedate, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of three point five per cent (3.53%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Unsubscribed Rights Shares which are and ES Unsold Rights Shares that have been successfully placed by the Placing Agent in accordance with pursuant to the terms of this Agreement which the Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2. 8.2 9.2 The Company will be responsible for and pay all costs and expenses (except those stated in this Agreement to be payable by the PlaceesPlacee(s) in connection with the Placing, including but not limited to: (a) legal expenses and disbursements payable to the legal advisers of the Company and/or the Placing Agent (if any); (b) the preparation and release of the Announcement; (c) the allotment and issue of all the Placing Shares to be allotted and issued under this Agreement and registration of the subscribers therefor (including capital duty (if any), SFC transaction levy, Stock Exchange trading fees and the fee of the Company’s registrars), which amounts the Placing Agent is hereby authorized to deduct from the payments to be made by it to the Company pursuant to Clause 5.2 as applicable for the purposes of paying on the Company's behalf such costs, charges, fees and expenses PROVIDED THAT the Placing Agent shall seek the consent of the Company before any of such costs, charges, fees and expenses with an amount of exceeding HK$10,000 in aggregate is to be incurredexpenses. 8.3 9.3 Payment of the amounts referred to in Clause 8.2 9.2 shall be made by the Company whether or not the Company’s obligations under this Agreement are terminated pursuant to Clause 9 10 to the extent that the same have been incurred prior to termination or are incurred in consequence of termination.

Commission Expenses. 8.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Date, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of three point five 1.5 per cent (3.51.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Shares which are successfully placed by the relevant Placing Agent in accordance with this Agreement which the relevant Placing Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2. 8.2 The Company will be responsible for and pay all costs and expenses (except those stated in this Agreement to be payable by the Placees) in connection with the Placing, including but not limited to: (a) legal expenses financial advisory fee and disbursements payable to the legal advisers financial adviser of the Company and/or the Placing Agent (if any)Company; (b) the preparation and release of the Announcement; (c) the allotment and issue of all the Placing Shares to be allotted and issued under this Agreement and registration of the subscribers therefor (including capital duty (if any), SFC transaction levy, Stock Exchange trading fees and the fee of the Company’s registrars), which amounts the Placing Agent is hereby authorized to deduct from the payments to be made by it to the Company pursuant to Clause 5.2 as applicable for the purposes of paying on the Company's behalf such costs, charges, fees and expenses PROVIDED THAT the Placing Agent shall seek the consent of the Company before any of such costs, charges, fees and expenses with an amount of exceeding HK$10,000 HK$5,000 in aggregate is to be incurred. 8.3 Payment of the amounts referred to in Clause 8.2 shall be made by the Company whether or not the Company’s obligations under this Agreement are terminated pursuant to Clause 9 to the extent that the same have been incurred prior to termination or are incurred in consequence of termination.

Commission Expenses. 8.1 9.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Datedate, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of three point five per cent (3.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Unsubscribed Rights Shares which are and ES Unsold Rights Shares that have been successfully placed by the Placing Agent in accordance with pursuant to the terms of this Agreement which the Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2. 8.2 9.2 The Company will be responsible for and pay all costs and expenses (except those stated in this Agreement to be payable by the PlaceesPlacee(s) in connection with the Placing, including but not limited to: (a) legal expenses and disbursements payable to the legal advisers of the Company and/or the Placing Agent (if any)Company; (b) the preparation and release of the Announcement; (c) the allotment and issue of all the Placing Shares to be allotted and issued under this Agreement and registration of the subscribers therefor (including capital duty (if any), SFC transaction levy, Stock Exchange trading fees and the fee of the Company’s registrars), which amounts the Placing Agent is hereby authorized to deduct from the payments to be made by it to the Company pursuant to Clause 5.2 as applicable for the purposes of paying on the Company's behalf such costs, charges, fees and expenses PROVIDED THAT the Placing Agent shall seek the consent of the Company before any of such costs, charges, fees and expenses with an amount of exceeding HK$10,000 in aggregate is to be incurred. 8.3 9.3 Payment of the amounts referred to in Clause 8.2 9.2 shall be made by the Company whether or not the Company’s obligations under this Agreement are terminated pursuant to Clause 9 10 to the extent that the same have been incurred prior to termination or are incurred in consequence of termination.