Common use of Compensation of Agent Clause in Contracts

Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 and all interest income on the funds received pursuant to this Agreement. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Company. It is anticipated that such disbursement shall not exceed $1,000 barring any unforeseen circumstances.

Appears in 3 contracts

Samples: Subordinated Convertible Debenture Purchase Agreement (Miscor Group, Ltd.), Stock Purchase Agreement (Miscor Group, Ltd.), Escrow Agreement (Miscor Group, Ltd.)

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Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 and all interest income on which fee shall be paid by the funds received pursuant to Company promptly following the signing of this Agreement. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' ’ and Agents’ fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Companycharges. It is anticipated that such disbursement shall not exceed $1,000 500.00 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Escrow Agreement (Futureit, Inc.)

Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 and all interest income on 7,500 which fee shall be paid by the funds received pursuant to Company promptly following the signing of this Agreement. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' ’ and Agents’ fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Companycharges. It is anticipated that such disbursement shall not exceed $1,000 500.00 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Securities Purchase Agreement (Accentia Biopharmaceuticals Inc)

Compensation of Agent. For services rendered, the Agent shall receive $500 as compensation $3,500 and all interest income on the funds received pursuant to this Agreementcompensation. The Agent shall also be entitled to reimbursement from the Company Corporation for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' and Agents' fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Companycharges. It is anticipated that such disbursement reimbursement shall not exceed $1,000 500 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Escrow Agreement (Hunapu Inc)

Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 and all interest income on the funds received pursuant to this Agreement2,500.00. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Company. It is anticipated that such disbursement shall not exceed $1,000 3,500.00 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Escrow Agreement (Premier Indemnity Holding CO)

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Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 and all interest income on the funds received pursuant to this Agreement2,500. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all reasonable counsel, advisors' ’ and Agents’ fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Companycharges. It is anticipated that such disbursement disbursements shall not exceed $1,000 500 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Escrow Agreement (Markland Technologies Inc)

Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 and all 2,500, in addition to any interest income on earned in the funds received pursuant to this Agreementaccount. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' ’ and agents’ fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Companycharges. It is anticipated that such disbursement shall not exceed $1,000 500 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Escrow Agreement (Averion International Corp.)

Compensation of Agent. For services rendered, the Agent shall receive as compensation $3,500 1,500.00, which shall be paid by the Company and all interest income on the funds received pursuant to Holder at the time this AgreementAgreement is entered into. The Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all counsel, advisors' ’ and Agents’ fees and disbursements and all reasonable taxes or other governmental charges upon presentation of supporting documentation, if requested by the Companycharges. It is anticipated that such disbursement shall not exceed $1,000 500.00 barring any unforeseen circumstances.

Appears in 1 contract

Samples: Escrow Agreement (Osl Holdings Inc.)

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