Common use of Fees of Escrow Agent Clause in Contracts

Fees of Escrow Agent. The Escrow Agent shall be compensated for its services hereunder at the rate of $250 for each Settlement facilitated by the Escrow Agent. The compensation obligations set forth in this Section 7 shall be payable by the Company, prior to disbursement to the Company. The obligations under this Section 7 shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement (Biophan Technologies Inc), Escrow Agreement (Biophan Technologies Inc)

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Fees of Escrow Agent. The Escrow Agent shall be compensated for its -------------------- services hereunder at the rate of one thousand dollars ($250 1,000) for each Settlement facilitated by the Escrow Agent. The compensation obligations set forth in this Section 7 8 shall be payable by the CompanyCompany from Settlements Payments, prior to disbursement to the Company. The obligations under this Section 7 8 shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Hollis Eden Pharmaceuticals Inc /De/)

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Fees of Escrow Agent. The Escrow Agent shall be compensated for its services hereunder at the rate of $250 1,500 for each Settlement facilitated by the Escrow Agent. The compensation obligations set forth in this Section 7 shall be payable by the Company, prior to disbursement to the Company. The obligations under this Section 7 shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Lj International Inc)

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