Payment by Company. The Company agrees to pay to the Trust Company, on or before the effective date of the termination of this Agreement: (a) all accrued but unpaid fees or expenses of the Trust Company; and (b) the Trust Company's published termination fee in effect as at the date of termination in order to provide for the Trust Company's expenses relating to subsequent enquiries and correspondence on behalf of the Company. The Company agrees that the amount provided for in paragraph (b) is reasonable in the circumstances.
Appears in 4 contracts
Samples: Trust and Transfer Agent Agreement (K Tronik International Corp), Registrar and Transfer Agent Agreement (K Tronik International Corp), Registrar and Transfer Agent Agreement (K Tronik International Corp)
