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 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two and one-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 (the “Placement Agent Warrant” and together with the shares of Common Stock (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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 7.07.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two and onethree-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 0.68 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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 7.07.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two and onethree-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 1.12 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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 7.07.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two and onethree-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 1.33 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two and onethree-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 2.60 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two three and one-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.07.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 4.4875, which warrants shall be exercisable at any time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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 7.07.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing two and onethree-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.48 1.11 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from 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.