Common use of Placement Agent and Finders Fees Clause in Contracts

Placement Agent and Finders Fees. The Company reserves the right to pay cash fees to agents, brokers, dealers and finders in connection with the sale of the Securities in an amount equal to up to eight percent (8%) of the Purchase Price of such Securities and to issue warrants to such persons to purchase shares of Common Stock equal to up to eight percent (8%) of the number of Shares included in the Units issued hereunder at an exercise price of $1.50 per share which terminate three years after the date of issuance.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Touchstone Resources Usa, Inc.), Securities Purchase Agreement (Touchstone Resources Usa, Inc.), Securities Purchase Agreement (Touchstone Resources Usa, Inc.)

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Placement Agent and Finders Fees. The Company reserves the right to pay cash fees to agents, brokers, dealers and finders in connection with the sale of the Securities in an amount equal to up to eight percent (8%) of the Purchase Price of such Securities and to issue warrants to such persons to purchase shares of Common Stock equal to up to eight percent (8%) of the number of Shares shares of Common Stock issuable upon conversion of the shares of Series B Preferred Stock included in the Units issued hereunder at an exercise price of $1.50 0.40 per share which terminate three years after the date of issuance.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.), Confidentiality Agreement (Stellar Technologies, Inc.)

Placement Agent and Finders Fees. The Company reserves the right to pay cash fees to agents, brokers, dealers and finders in connection with the sale of the Securities in an amount equal to up to eight percent (8%) of the Purchase Price of such Securities and to issue warrants to such persons to purchase shares of Common Stock to equal to up to eight percent (8%) of the number of Shares included in the Units issued hereunder shares of Common Stock issuable upon conversion of the Preferred Stock at an exercise price of $1.50 0.34 per share which terminate three (3) years after the date of issuance.

Appears in 2 contracts

Samples: Securities Purchase Agreement (BPK Resources Inc), Securities Purchase Agreement (BPK Resources Inc)

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Placement Agent and Finders Fees. The Company reserves the right to pay cash fees to agents, brokers, dealers and finders in connection with the sale of the Securities in an amount equal to up to eight percent (8%) of the Purchase Price of such Securities and to issue warrants to such persons to purchase shares of Common Stock equal to up to eight percent (8%) of the number of Shares shares of Common Stock issuable upon conversion of the Convertible Notes included in the Units issued hereunder at an exercise price of $1.50 0.40 per share which terminate three years after the date of issuance.

Appears in 1 contract

Samples: Confidentiality Agreement (Stellar Technologies, Inc.)

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