Common use of FEES, COMMISSIONS AND EXPENSES Clause in Contracts

FEES, COMMISSIONS AND EXPENSES. In consideration of the services of the Placing Agent, the Company shall pay to the Placing Agent:- (a) provided that Completion occurs, a placing commission in HK$ dollars of 2% of the Placing Proceeds (out of which the Placing Agent will pay any placing commissions payable by them to any Sub-Agents in respect of the Placing) plus any sum payable pursuant to Clause 12.3 which the Placing Agent shall, without prejudice to the Company’s obligations herein provided, be at liberty to deduct from the amount of the Placing Proceeds payable by it to the Company as provided in Clause 4 (b); and (b) SFC transaction levy, Stock Exchange trading fee, SFC investor compensation levy as may be payable by the Company in respect of the Placing Shares and the Placing Agent’s legal fees, costs, disbursements and other expenses incurred in connection with this Agreement, the Placing, and all matters and documentation relating thereto, which the Placing Agent shall, without prejudice to the Company’s obligations herein provided be at liberty to deduct from the amount of the Placing Proceeds payable by it to the Company as provided in Clause 4(b).

FEES, COMMISSIONS AND EXPENSES. In consideration of the services of the Placing AgentAgent in relation to the Placing, the Company shall pay to the Placing Agent:-Agent (unless such amounts are deducted pursuant to paragraph 2 of Schedule 1) and the Placing Agent shall deduct such amount pursuant to paragraph 2 of Schedule 1:- (a) provided that Completion occurscompletion of the Placing occurs in accordance with Clause 4, a placing commission commission, in HK$ dollars Hong Kong dollars, of 2% 0.5 percent of the amount equal to the Placing Proceeds (out Price multiplied by the number of Placing Shares which the Placing Agent will pay any placing commissions payable by them to any Sub-Agents in respect has successfully procured subscribers for at the end of the Placing) plus any sum payable pursuant to Clause 12.3 Placing Period, the amount of which will be separately settled by the Company and the Placing Agent shall, without prejudice to the Company’s obligations herein provided, be at liberty is not authorised to deduct any of such amount from the amount of the Placing Proceeds payable payment to be made by it to the Company as provided in Clause 4 (b)Company; and (b) SFC transaction levy, AFRC transaction levy, Stock Exchange trading fee and CCASS stock settlement fee, SFC investor compensation levy if any, as may be payable by the Company in respect of the allotment and issue of the Placing Shares to the Placees or, as appropriate, the Placing Agent or its nominee, the amount of which will be separately settled by the Company and the Placing Agent’s legal fees, costs, disbursements and other expenses incurred in connection with this Agreement, the Placing, and all matters and documentation relating thereto, which the Placing Agent shall, without prejudice to the Company’s obligations herein provided be at liberty is not authorised to deduct any of such amount from the amount of the Placing Proceeds payable payment to be made by it to the Company as provided in Clause 4(b)Company.

FEES, COMMISSIONS AND EXPENSES. In consideration of the services of the Placing Agent, the Company shall pay to the Placing Agent:- (a) provided that Completion occurs, a placing commission in HK$ dollars of 20.50% of the Placing Proceeds (out of which the Placing Agent will pay any placing commissions payable by them to any Sub-Agents in respect of the Placing) plus any sum payable pursuant to Clause 12.3 which the Placing Agent shall, without prejudice to the Company’s obligations herein provided, be at liberty to deduct from the amount of the Placing Proceeds payable by it to the Company as provided in Clause 4 (b4(b); and (b) SFC transaction levy, levy and Stock Exchange trading fee, SFC investor compensation levy as may be payable by the Company in respect of the Placing Shares and all costs, charges, fees and expenses of the Company's share registrars in Hong Kong including (without limitation) their fees and expenses in effecting the issue of the Placing Agent’s legal feesShares, and certificates therefor, and all costs, disbursements charges, fees and other expenses incurred in connection with this Agreement, the Placing, and all matters and documentation relating theretodeposit of the Placing Shares into CCASS (the “Expenses”), which the Placing Agent shall, without prejudice to the Company’s 's obligations herein provided herein, be at liberty to deduct from the amount of the Placing Proceeds payable by it to the Company as provided in Clause 4(b). The Placing Agent’s legal fees, costs, disbursement and other expenses incurred by the Placing Agent in connection with this Agreement and the Placing (excluding the Expenses) shall be born solely by the Placing Agent.