Payments to Broker. Dealers to compensate them for providing shareholder servicing and related administrative functions are subject to compliance by them with the terms of written agreements satisfactory to our Board of Directors to be entered into between you and the Broker-Dealers.
Payments to Broker. A. In consideration of the performance described herein and fulfillment of all covenants and conditions herein contained to the satisfaction and acceptance of UPDS, UPDS will pay Broker in accordance with Broker’s freight rates, the accessorial charges set forth in Exhibit A and the terms and conditions contained in Exhibit B, both exhibits being attached hereto and by this reference made a part hereof. Payment of freight charges by UPDS to Broker shall relieve UPDS’s customers, shippers, consignees or other third parties of any liability to Broker or Broker’s Carrier for non-payment of its freight charges; and Broker hereby covenants and agrees to indemnify UPDS, UPDS’s customers, shippers, consignees or other third parties against liability relating to the payment (or alleged non-payment) of freight charges. In the event Broker’s Carrier provides less than the services requested by UPDS, or fails to perform services in a timely manner, Broker’s freight rate may be subject to a reduction by UPDS.
Payments to Broker. At the Closing, Purchaser shall pay to Prospera Financial (“Prospera”) as broker a fee equal to $.01 per share of the Shares. Each of Purchaser, Seller and Prospera represents and warrants to the others that there are not, and will not be, any other broker’s or finder’s fee or agent’s commission in connection with this Agreement or the transactions contemplated hereby.
Payments to Broker. With respect to every Transaction purchased, sold or cleared for the Account, Customer agrees to pay to Broker by the end of the business day when demand is received by Customer (which demand shall be deemed received immediately upon transmission to Customer if made orally, by telex, telefax, email or telephone): (a) commission and service charges as arc in effect between Customer and Broker from time to time together with all applicable fees, charges and taxes; (b) the amount of any trading losses, debit balance, margins, premiums or any other liability that may result from Transactions executed and/or cleared for the Account; (c) all regulatory, Exchange and other self- regulatory fees, fines, penalties and charges, and any taxes incurred or imposed with respect to each Account; and (d) interest on any debit balances and liabilities, at the lesser of (i) the maximum rate permitted by New York law or (ii) one percent < 1%) over the then prevailing Prime Rate as published in the New York edition of the Wall Street Journal (or such other rates as may be agreed by Customer and Broker if such publication does not publish such a rate), as well as any charges or costs incurred by Broker with respect to the Account, including reasonable attorneys’ fees in collecting the account balance. Customer agrees that any and all payments required to be made hereunder shall be made immediately by wire transfer to an account designated by Broker (unless otherwise agreed by Broker).
