Common use of ENGAGEMENT TERM Clause in Contracts

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall be until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by either party upon five (5) days written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 4 contracts

Samples: Placement Agency Agreement (Evaxion Biotech a/S), Placement Agency Agreement (Evaxion Biotech a/S), Placement Agent Agreement (Sunhydrogen, Inc.)

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ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall be until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by either party upon five one (51) days day written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 3 contracts

Samples: Placement Agent Agreement (SuperCom LTD), Placement Agent Agreement (SuperCom LTD), Placement Agent Agreement (SuperCom LTD)

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement August 8, 2023 and (ii) the date a party terminates the engagement according to the terms of the next sentence Closing Date (such date, the “Termination Date” and .”) In the period event, however, in the course of time during which this Agreement remains in effect is referred the Placement Agent’s performance of due diligence it deems, it necessary to herein as terminate the “Term”)engagement, the Placement Agent may do so prior to the Termination Date. The Company may elect to terminate the engagement may be terminated at hereunder for any time by either party upon five (5) days written notice reason prior to the other party, effective upon receipt of written notice Termination Date but will remain responsible for fees pursuant to that effect by Section 3 hereof with respect to the other partyPlacement Agent Securities if sold in the Placement. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated by the Company prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 3 contracts

Samples: Placement Agent Agreement (Nxu, Inc.), Placement Agent Agreement (Nxu, Inc.), Placement Agent Agreement (Nxu, Inc.)

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall be until the earlier of (i) the final closing date Closing Date of the Placement and (ii) the date a party terminates Placement; provided that, on or after May 1, 2024, the engagement according may be terminated by the Company or the Placement Agent upon 60 days’ written notice to the terms other party, effective upon receipt of the next sentence such written notice (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by either party upon five (5) days written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions attached hereto as Addendum A will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expense reimbursements due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 2 contracts

Samples: Placement Agency Agreement (GD Culture Group LTD), Placement Agency Agreement (GD Culture Group LTD)

ENGAGEMENT TERM. The Placement Agent’s Agent engagement hereunder shall be until the earlier of (i) the final closing date of the Placement twelve (12) months (The “Initial Term”) and (ii) the date a party terminates the engagement according to the terms final Closing Date of the next sentence Placement (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by ; provided, however, that either party may terminate this Agreement on or after the two-hundred seventieth (270th) day following the date hereof upon five (5) thirty days prior written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 4 hereof, expense reimbursement pursuant to Section 4 hereof and the provisions concerning Tail Financings, confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expense reimbursement due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees agree not to use any confidential information concerning the Company provided to the such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 2 contracts

Samples: Placement Agent Agreement (Siyata Mobile Inc.), Placement Agent Agreement (Siyata Mobile Inc.)

ENGAGEMENT TERM. The Placement Agent’s Agent engagement hereunder shall be until the earlier of (i) six 6) months and (ii) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the "Termination Date" and the period of time during which this Agreement remains in effect is referred to herein as the "Term"). The engagement may be terminated at any time by either party upon five (5) days written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s 's obligation to pay any fees actually earned pursuant to Section 3 hereof, expense reimbursement pursuant to Section 3 hereof and the provisions concerning Tail Financings, Right of First Refusal, confidentiality, indemnification and contribution contained herein and the Company’s 's obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expense reimbursement due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees agree not to use any confidential information concerning the Company provided to the such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Astro Aerospace Ltd.)

ENGAGEMENT TERM. The Placement AgentMaxim’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement April 15, 2021 and (ii) the Closing Date. The date a party terminates the engagement according of termination of this Agreement is referred to the terms of the next sentence (such date, herein as the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement .” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement, the Placement Agent may be terminated at any time by either party upon five (5) days written notice do so prior to the other party, effective upon receipt of written notice to that effect by the other partyTermination Date. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent Maxim agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Atossa Therapeutics, Inc.)

ENGAGEMENT TERM. The Placement AgentMaxim’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement December 31, 2020 and (ii) the Closing Date. The date a party terminates the engagement according of termination of this Agreement is referred to the terms of the next sentence (such date, herein as the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement .” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement, the Placement Agent may be terminated at any time by either party upon five (5) days written notice do so prior to the other party, effective upon receipt of written notice to that effect by the other partyTermination Date. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent Maxim agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Atossa Therapeutics, Inc.)

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement [February [ ], 2023] and (ii) the Closing Date. The date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period termination of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement Termination Date.” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement, the Placement Agent may be terminated at any time by either party do so prior to the Termination Date upon five (5) days delivering written notice to the other party, effective Company. The Company may elect to terminate the engagement hereunder for any reason prior to the Termination Date upon receipt of delivering written notice to that effect by the other partyPlacement Agent but will remain responsible for fees pursuant to Section 3 hereof with respect to the Placement Agent Securities if sold in the Placement. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Lightpath Technologies Inc)

ENGAGEMENT TERM. The Placement Agent’s Agent engagement hereunder shall be until the earlier of (i) two (2) months and (ii) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by ; provided, however, that either party may terminate this Agreement upon five (5) thirty days prior written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, expense reimbursement pursuant to Section 3 hereof and the provisions concerning Tail Financings, Right of First Refusal, confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expense reimbursement due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees agree not to use any confidential information concerning the Company provided to the such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (American Resources Corp)

ENGAGEMENT TERM. The Placement AgentMaxim’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement December 31, 2017 and (ii) the Closing Date. The date a party terminates the engagement according of termination of this Agreement is referred to the terms of the next sentence (such date, herein as the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement .” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement, the Placement Agent may be terminated at any time by either party upon five (5) days written notice do so prior to the other party, effective upon receipt of written notice to that effect by the other partyTermination Date. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent Maxim agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Atossa Genetics Inc)

ENGAGEMENT TERM. The Placement Agent’s Agent engagement hereunder shall be until the earlier of (i) three (3) months and (ii) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by ; provided, however, that either party may terminate this Agreement upon five (5) thirty days prior written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, expense reimbursement pursuant to Section 3 hereof and the provisions concerning Tail Financings, confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expense reimbursement due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees agree not to use any confidential information concerning the Company provided to the such Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (GreenBox POS)

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ENGAGEMENT TERM. The Placement AgentMaxim’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement January 15, 2021 and (ii) the Closing Date. The date a party terminates the engagement according of termination of this Agreement is referred to the terms of the next sentence (such date, herein as the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement .” In the event, however, in the course of the Placement Agent’s performance of due diligence it deems it necessary to terminate the engagement, the Placement Agent may be terminated at any time by either party upon five (5) days written notice do so prior to the other party, effective upon receipt of written notice to that effect by the other partyTermination Date. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent Maxim agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Atossa Therapeutics, Inc.)

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall be until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The After an initial period of four (4) weeks from the date hereof, the engagement may be terminated at any time by either party upon five (5) days written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agency Agreement (Elutia Inc.)

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall be until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement may be terminated at any time by either party upon five three (53) days written notice to the other party, effective upon receipt of written notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (SuperCom LTD)

ENGAGEMENT TERM. The Placement Agent’s Xxxxx's engagement hereunder shall be become effective on the date hereof and shall continue until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The After an initial period of one (1) month from the date hereof, the engagement may be terminated at any time by either party upon five seven (57) days written notice to the other party, effective upon receipt of written notice to that effect by the other party, provided that to the extent that the Company has executed one or more Purchase Agreements in respect of the Placement, the Company may not terminate this Agreement until the earlier of the Closing Date or the termination of such Purchase Agreements. Notwithstanding anything to the contrary contained herein, the provisions concerning confidentiality, indemnification, contribution and the Company’s obligation 's obligations to pay any fees actually and reimburse expenses earned pursuant or due prior to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution termination of the Agreement contained herein and the Company’s 's obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent Xxxxx agrees not to use any confidential information concerning the Company provided to the Placement Agent Maxim by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (SELLAS Life Sciences Group, Inc.)

ENGAGEMENT TERM. The Placement Agent’s Agent engagement hereunder shall be until the earlier of (i) the final closing date of the Placement September 15, 2024 and (ii) the date a party terminates the engagement according to the terms of the next sentence Closing Date (such date, the “Termination Date”), unless extended for an additional ninety (90) day period in the mutual discretion of the Company and the Placement Agent (the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The engagement ; provided, however, that either party may be terminated terminate this Agreement at any time by either party upon five thirty (530) days days’ written notice to the other party, effective upon receipt of written such notice to that effect by the other party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned pursuant to Section 3 hereof, expense reimbursement pursuant to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees and expense reimbursement due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agency Agreement (Janover Inc.)

ENGAGEMENT TERM. The Placement Agent’s engagement hereunder shall will be until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence April 24, 2022 (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The ; provided, however, that engagement hereunder may be terminated at prior to the Termination Date (y) by the Placement Agent if, in course of performing its due diligence, the Placement Agent deems it necessary to terminate the engagement or (z) by the Company for any time by either party or no reason, in each case, upon five (5) days 5 days’ prior written notice to the other party, effective upon receipt of written notice to that effect by the other non-terminating party. Notwithstanding anything to the contrary contained herein, the provisions concerning the Company’s obligation to pay any fees actually earned obligations pursuant to Section 3 hereof to pay fees (only to the extent actually earned by the Placement Agent as of the Termination Date) and to reimburse expenses (only to the extent actually incurred by the Placement as of the Termination Date), and the provisions concerning confidentiality, indemnification and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions herein, will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (Vicinity Motor Corp)

ENGAGEMENT TERM. The Placement AgentMaxim’s engagement hereunder shall be become effective on the date hereof and shall continue until the earlier of (i) the final closing date of the Placement and (ii) the date a party terminates the engagement according to the terms of the next sentence (such date, the “Termination Date” and the period of time during which this Agreement remains in effect is referred to herein as the “Term”). The After an initial period of one (1) month from the date hereof, the engagement may be terminated at any time by either party upon five seven (57) days written notice to the other party, effective upon receipt of written notice to that effect by the other party, provided that to the extent that the Company has executed one or more Purchase Agreements in respect of the Placement, the Company may not terminate this Agreement until the earlier of the Closing Date or the termination of such Purchase Agreements. Notwithstanding anything to the contrary contained herein, the provisions concerning confidentiality, indemnification, contribution and the Company’s obligation obligations to pay any fees actually and reimburse expenses earned pursuant or due prior to Section 3 hereof and the provisions concerning confidentiality, indemnification and contribution termination of the Agreement contained herein and the Company’s obligations contained in the Indemnification Provisions will survive any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all fees due to the Placement Agent shall be paid by the Company to the Placement Agent on or before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent Maxim agrees not to use any confidential information concerning the Company provided to the Placement Agent Maxim by the Company for any purposes other than those contemplated under this Agreement.

Appears in 1 contract

Samples: Placement Agent Agreement (SELLAS Life Sciences Group, Inc.)

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