Fee Structure and Payment Schedule. The Company agrees to pay RP Financial a fixed fee of $90,000 for preparation and delivery of the original appraisal report, a fee upon delivery of each appraisal update as described below, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: $10,000 upon execution of the letter of agreement engaging RP Financial’s appraisal services; $80,000 upon delivery of the completed original appraisal report; and
Appears in 1 contract
Samples: BankFinancial CORP
Fee Structure and Payment Schedule. The Company Bank agrees to pay RP Financial a fixed fee of $90,000 35,000 for preparation and delivery of the original appraisal report, a fee upon plus reimbursable expenses, and $5,000 for preparation and delivery of each required updated appraisal update as described belowreport, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: ● $10,000 5,000 upon execution of the letter of agreement engaging RP Financial’s appraisal services; $80,000 upon delivery of the completed original appraisal report; and;
Appears in 1 contract
Samples: West End Indiana Bancshares, Inc.
Fee Structure and Payment Schedule. The Company agrees to pay RP Financial a fixed fee of $90,000 80,000 for preparation and delivery of the original appraisal report, a fee upon delivery of each appraisal update as described below, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: • $10,000 upon execution of the letter of agreement engaging RP Financial’s 's appraisal services; • $80,000 70,000 upon delivery of the completed original appraisal report; and•
Appears in 1 contract
Samples: Danvers Bancorp, Inc.
Fee Structure and Payment Schedule. The Company agrees to pay RP Financial a fixed fee of $90,000 fees for preparation and delivery of the original appraisal report, a fee upon delivery of each report and subsequent appraisal update updates as described shown in the detail below, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: $10,000 5,000 upon execution of the letter of agreement engaging RP Financial’s 's appraisal services; $80,000 25,000 upon delivery and filing with the regulators of the completed original appraisal report; andand $5,000 upon delivery of each subsequent appraisal update report. There will be at least one appraisal update report, to be filed upon completion of the offering.
Appears in 1 contract
Samples: Citizens Community Bancorp Inc.
Fee Structure and Payment Schedule. The Company Bank agrees to pay RP Financial a fixed fee of $90,000 for preparation and delivery of the original appraisal report, a fee upon plus reimbursable expenses, and $10,000 for preparation and delivery of each required updated appraisal update as described belowreport, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: • $10,000 upon execution of the letter of agreement engaging RP Financial’s appraisal services; • $80,000 upon delivery of the completed original appraisal report; andand • $10,000 upon completion of each valuation update that may be required.
Appears in 1 contract
Samples: Cape Bancorp, Inc.
Fee Structure and Payment Schedule. The Company agrees to pay RP Financial a fixed fee of $90,000 fees for preparation and delivery of the original appraisal report, a fee upon delivery of each report and subsequent appraisal update updates as described shown in the detail below, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: o $10,000 5,000 upon execution of the letter of agreement engaging RP Financial’s 's appraisal services; $80,000 upon delivery of the completed original appraisal report; and;
Appears in 1 contract
Samples: PSB Holdings, Inc.
Fee Structure and Payment Schedule. The Company agrees to pay RP Financial a fixed fee of $90,000 fees for preparation and delivery of the original initial appraisal report, a fee upon delivery of each the appraisal update report filed with the formal application and subsequent appraisal updates as described shown below, plus reimbursable expenses. Payment of these fees shall be made according to the following schedule: · $10,000 15,000 upon execution of the this letter of agreement engaging RP Financial’s appraisal services; · $80,000 25,000 upon delivery of the completed original initial appraisal report; andreport based on December 31, 2018 financial statements to accompany the preliminary application filing;
Appears in 1 contract
Samples: Provident Bancorp, Inc. /MD/