Common use of Commission to an Agent Clause in Contracts

Commission to an Agent. 9.1 The Subscriber understands that upon Closing the Company may, in its sole discretion, approve the payment of a commission to an agent or agents, such commission to be calculated on the basis of a percentage of the gross proceeds of the Offering raised from Subscribers introduced to the Company by such agent(s).

Appears in 7 contracts

Samples: Private Placement Subscription Agreement (Source Petroleum Inc.), Private Placement Subscription Agreement (Red Sky Resources Inc.), Private Placement Subscription Agreement (Raptor Pharmaceuticals Corp.)

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