Common use of Expense Allowance Clause in Contracts

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out of the proceeds of each Closing, a management fee equal to 1.0% of the gross proceeds raised in such Offering, and (b) out of the proceeds of the first Closing, (i) the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $25,000 for non-accountable expenses; (c) up to $100,000 for fees and expenses of the proceeds of the first Closing, (i) legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $35,000 for non-accountable expenses (to be reduced to $30,000 for a Warrant Restructuring); (c) up to $90,000 for fees and expenses of the proceeds of the first Closing, (i) outside legal counsel and other out-of-pocket expenses for an Offering other than a Warrant Restructuring; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such at the Closing of each Offering, and ; (b) out $50,000 for non-accountable expenses; (c) up to a total of $100,000 (to be reduced to $50,000 in case of a registered direct Offering) for out-of-pocket fees and expenses related to the proceeds of the first Closing, (i) Offering for legal counsel and other expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Rxxxxx (a) a management fee equal to 1.0of 1% of the gross proceeds raised in at each closing of such Offering, and ; plus (b) out $100,000 for the fees and expense of the proceeds of the first ClosingRxxxxx’x counsel; plus (c) up to $25,000 for accountable expenses such as management background checks, (i) road show costs, due diligence, travel, and any other out-of-pocket expenses plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expensesbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $35,000 for non-accountable expenses; (c) up to $50,000 for fees and expenses of the proceeds of the first Closing, legal counsel and other out-of-pocket expenses (i) to be increased to $100,000 in case a public Offering is contemplated or consummated); plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $25,000 for non-accountable expenses; (c) up to $30,000 for fees and expenses of the proceeds legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of the first Closing, (i) a public Offering); plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and provided that the management fee shall not be due on any securities sold to the Identified Investors; (b) out $15,000 for non-accountable expenses (to be increased to $25,000 in case of the proceeds a public Offering); (c) up to $100,000 for fees and expenses of the first Closing, (i) the legal counsel and other out-of-pocket expenses actually incurred and documented; plus any additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Wxxxxxxxxx (a) a management fee equal to 1.0of 1% of the gross proceeds raised in at each closing of such Offering, and ; plus (b) out $100,000 for the fees and expense of the proceeds of the first ClosingWxxxxxxxxx’x legal counsels; plus (c) up to $25,000 for accountable expenses such as management background checks, (i) road show costs, due diligence, travel, and any other out-of-pocket expenses plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expensesbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $35,000 for non-accountable expenses, provided that such amount shall be increased to $50,000 in case of the proceeds a registered Offering and; (c) $50,000 for legal fees and expenses, provided that such amount shall be increased to up to $100,000 in case of the first Closing, (i) a registered Offering; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $35,000 for non-accountable expenses; (c) up to $100,000 for fees and expenses of the proceeds of the first Closing, (i) legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in such each Offering, and ; (b) out $35,000 for non-accountable expenses; (c) up to $100,000 for fees and expenses, inclusive of the proceeds reasonable fees and disbursements of the first Closing, (i) Wxxxxxxxxx’x legal counsel; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses and (iii) up to $100,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Expense Allowance. The Company also agrees to pay Xxxxxxxxxx, (a) out Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxx (a) a non-accountable management fee equal to 1.01% of the gross proceeds raised in such Offering, and (b) out a one-time only payment of the proceeds of the first Closing, (i) the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder, (ii) $25,000 for non-accountable expenses of Xxxxxx in connection with marketing the transaction (i.e., road show expenses, background checks, tombstones, etc.) and (iiic) up to a one-time only payment of $100,000 for reasonable and documented legal fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses; Xxxxxx (provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement).