Common use of Placement Agent’s Fee Clause in Contracts

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities (as defined below), at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). Alternatively, if the proceeds of the Offering are to be paid to the Company by the Placement Agent on the Closing Date, the Placement Agent may deduct from such proceeds the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities (as defined below)in the Offering, at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). Alternatively, if the proceeds of the Offering are to be paid to the Company by the Placement Agent on the Closing Date, the The Placement Agent may deduct from such the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven eight and a half percent (7.08.5%) of the aggregate gross proceeds received by the Company from the sale of the Securities (as defined below), at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). Alternatively, if the proceeds of the Offering are to be paid to the Company by the Placement Agent on the Closing Date, the Placement Agent may deduct from such proceeds the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) a percentage of the aggregate gross proceeds received by the Company from the sale of the Securities (as defined below)Securities, at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). Alternatively, if the proceeds which percentage shall be 7.25% of the Offering are to be paid to aggregate gross proceeds from the Company by sale of Securities in the Placement Agent on the Closing Date, the Offering. The Placement Agent may deduct from such the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities (as defined below)Securities, at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). Alternatively, if the proceeds of the Offering are to be paid to the Company by the Placement Agent on the Closing Date, the The Placement Agent may deduct from such the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.