Common use of Corporate Finance Fee Clause in Contracts

Corporate Finance Fee. The Company further agrees that, on the Closing Date it will pay to the Placement Agent, by deduction from the proceeds of the Offering, a corporate finance fee allowance equal to one point two five percent (1.25%) of the gross proceeds received by the Company from the sale of the Placement Shares.

Corporate Finance Fee. The Company further agrees that, on the Closing Date (or the Option Closing Date with respect to any Option Shares) it will pay to the Placement AgentRepresentatives, by deduction from the proceeds of the Offering, a corporate finance fee allowance equal to one point two five percent (1.251%) of the gross proceeds received by the Company from the sale of the Placement Firm Shares and the Option Shares, if any.