Common use of COMPENSATION AND OTHER FEES Clause in Contracts

COMPENSATION AND OTHER FEES. As sole compensation for the services provided by Xxxxxx hereunder, the Company agrees to pay to Xxxxxx: (A) The fees set forth below with respect to the Placement: A cash fee payable immediately upon the closing of the Placement and equal to 6% of the aggregate gross proceeds raised in the Placement (B) The Company also agrees to xxxxx Xxxxxx a non-accountable expense allowance equal to the lesser of 1% of the total gross proceeds of the offering and $50,000 (provided, however, that such expense cap in no way limits or impairs the indemnification and contribution provisions of this Agreement). Such reimbursement shall be payable immediately upon (but only in the event of) the closing of the Placement.

COMPENSATION AND OTHER FEES. As sole compensation for the services provided by Xxxxxx Rxxxxx hereunder, the Company agrees to pay to XxxxxxRxxxxx: (A) The fees set forth below with respect to the Placement: A cash fee payable immediately upon the closing of the Placement and equal to 69% of the aggregate gross proceeds raised in the PlacementPlacement (“Placement Agent Fee”). (B) The Company also agrees to xxxxx Xxxxxx a non-accountable expense allowance pay Rxxxxx’x expenses incurred in connection with its services under the Agreement in an amount equal to the lesser of 1% of the total aggregate gross proceeds of raised in the offering and $50,000 placement (provided, however, that such expense cap in no way limits or impairs the indemnification and contribution provisions of this Agreement). Such reimbursement shall be payable immediately upon (but only in the event of) the closing of the Placement.

COMPENSATION AND OTHER FEES. As sole compensation for the services provided by Xxxxxx hereunderxxxxxxxxx, the Company agrees to pay to Xxxxxx: (A) The fees set forth below with respect to the Placement: A cash fee payable immediately upon the closing of the Placement and equal to 65.5% of the aggregate gross proceeds raised in the Placement. (B) The Company also agrees to xxxxx Xxxxxx reimburse Xxxxxx’x expenses (with supporting invoices/receipts) up to a non-accountable expense allowance equal to the lesser maximum of 1% of the total aggregate gross proceeds of raised in the offering and placement, but in no event more than $50,000 (25,000 provided, however, that such expense cap in no way limits or impairs the indemnification and contribution provisions of this Agreement). Such reimbursement shall be payable immediately upon (but only in the event of) the closing of the Placement.

COMPENSATION AND OTHER FEES. (A) As sole compensation for the services provided by Xxxxxx hereunderxxxxxxxxx, the Company agrees to pay to Xxxxxx: (A) The fees set forth below with respect to the Placement: A cash Xxxxxx x xxxx fee payable immediately upon the closing of the Placement and equal to 66.0% of the aggregate gross proceeds raised in the Placement. (B) The Company also agrees to xxxxx Xxxxxx reimburse Xxxxxx’x expenses (with supporting invoices/receipts) up to a non-accountable expense allowance equal to the lesser maximum of 10.8% of the total aggregate gross proceeds of raised in the offering and $50,000 Placement (provided, however, that such expense cap in no way limits or impairs the indemnification and contribution provisions of this Agreement), but in no event more than $30,000. Such reimbursement shall be payable immediately upon (but only in the event of) the closing of the Placement, provided, however, the Company shall have received all supporting invoices/receipts.

COMPENSATION AND OTHER FEES. (A) As sole compensation for the services provided by Xxxxxx Rxxxxx hereunder, the Company agrees to pay to Xxxxxx: (A) The fees set forth below with respect to the Placement: A cash Rxxxxx x xxxx fee payable immediately upon the closing of the Placement and equal to 68% of the aggregate gross proceeds raised received in the Placement. (B) The Company also agrees to xxxxx Xxxxxx a non-accountable expense allowance reimburse Rxxxxx’x expenses (with supporting invoices/receipts) in an amount equal to the lesser of 1% of the total gross proceeds raised in the transaction up to a maximum of the offering and $50,000 35,000 (provided, however, that such expense cap in no way limits or impairs the indemnification and contribution provisions of this Agreement). Such reimbursement shall be payable immediately upon (but only in the event of) the closing of the Placement.