Common use of Financing Bonus Clause in Contracts

Financing Bonus. The company will pay a Financing Bonus (the “Financing Bonus”) if the company closes any financing during the 2009 Fiscal Year (January 1, 2009 through December 31, 2009) as follows: Two and one half percent (2.5%) of any financing amounts closed by the Company during the 2009 Fiscal Year, payable at the closing of such financing(s) from time to time.

Appears in 3 contracts

Sources: Employment Agreement (OxySure Systems Inc), Employment Agreement (OxySure Systems Inc), Employment Agreement (OxySure Systems Inc)

Financing Bonus. The company will pay a Financing Bonus (the "Financing Bonus") if the company closes any financing during the 2009 Fiscal Year (January 1, 2009 through December 31, 2009) as follows: Two and one half percent (2.5%) of any financing amounts closed by the Company during the 2009 Fiscal Year, payable at the closing of such financing(s) from time to time.

Appears in 1 contract

Sources: Employment Agreement (OxySure Systems Inc)