Common use of Consideration; Payment of Expenses Clause in Contracts

Consideration; Payment of Expenses. (i) As compensation for services rendered, and provided that any of the Offered Securities are sold to the Underwriters in the Offering, at the closing of the Offering, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Offered Securities purchased in the Offering) an underwriting discount equal to seven percent (7%) of the aggregate gross proceeds raised in the Offering.

Consideration; Payment of Expenses. (i) As compensation for services rendered, and provided that any of the Offered Securities are sold to the Underwriters in the Offering, at the closing of the Offering, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Offered Securities purchased in the Offering) of the following aggregate compensation: an underwriting discount equal to seven eight percent (78%) of the aggregate gross proceeds raised in the OfferingOffering and the Underwriters’ Warrants.

Consideration; Payment of Expenses. (ia) As compensation for services rendered, and provided that any In consideration of the Offered Securities are sold services to the Underwriters in the Offering, at the closing of the Offeringbe provided for hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Offered Securities purchased in purchased) of the Offering) an following compensation with respect to the Securities which they are offering: An underwriting discount equal to seven an aggregate of eight percent (78%) of the aggregate gross proceeds raised in the Offering and a corporate finance fee equal to one percent (1%) of the aggregate gross proceeds raised in the Offering.