Common use of Fee Structure and Payment Schedule Clause in Contracts

Fee Structure and Payment Schedule. The Bank agrees to pay RP Financial a fixed fee of $90,000 for preparation and delivery of the original appraisal report, plus reimbursable expenses, and $10,000 for preparation and delivery of each required updated appraisal report, 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 • $10,000 upon completion of each valuation update that may be required.

Fee Structure and Payment Schedule. The Bank agrees to pay RP Financial a fixed fee of $90,000 35,000 for preparation and delivery of the original appraisal report, plus reimbursable expenses, and $10,000 5,000 for preparation and delivery of each required updated appraisal report, 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 • $10,000 upon completion of each valuation update that may be required.;

Fee Structure and Payment Schedule. The Bank Company agrees to pay RP Financial a fixed fee of $90,000 80,000 for preparation and delivery of the original appraisal report, plus reimbursable expenses, and $10,000 for preparation and delivery of each required updated appraisal report, 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 • $10,000 upon completion of each valuation update that may be required.•

Fee Structure and Payment Schedule. The Bank Company agrees to pay RP Financial a fixed fee of $90,000 for preparation and delivery of the original appraisal report, plus reimbursable expenses, and $10,000 for preparation and a fee upon delivery of each required updated appraisal reportupdate 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 • $10,000 upon completion of each valuation update that may be required.and

Fee Structure and Payment Schedule. The Bank Company agrees to pay RP Financial a fixed fee of $90,000 fees for preparation and delivery of the original appraisal report, plus reimbursable expenses, report and $10,000 for preparation and delivery of each required updated subsequent appraisal reportupdates as 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; and • $10,000 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 each valuation update that may be requiredthe offering.

Fee Structure and Payment Schedule. The Bank Company agrees to pay RP Financial a fixed fee of $90,000 fees for preparation and delivery of the original initial appraisal report, plus reimbursable expenses, the appraisal report filed with the formal application and $10,000 for preparation and delivery of each required updated subsequent appraisal reportupdates as 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; and • $10,000 upon completion of each valuation update that may be required.report based on December 31, 2018 financial statements to accompany the preliminary application filing;