Common use of Records Agent Fees Clause in Contracts

Records Agent Fees. For the Records Agent services outlined above, the Company agrees to pay Sterne Agee a cash fee of $35,000. This fee is based on the requirements of the current banking regulations, the Plan, as currently contemplated, and the expectation that member data will be processed as of three key record dates. Any material changes in the regulations or the Plan, or delays requiring duplicate or replacement processing due to changes to record dates, may result in additional fees. All fees under this agreement shall be payable as follows (a) $5,000 upon the execution of this agreement, which shall be non-refundable and (b) the balance upon mailing subscription documents.

Records Agent Fees. For the Records Agent services outlined above, the Company agrees to pay Sterne Agee a cash fee of $35,000. This fee is based on the requirements of the current banking regulations, the Plan, as currently contemplated, and the expectation that member data will be processed as of three key record dates. Any material changes in the regulations or the Plan, or delays requiring duplicate or replacement processing due to changes to record dates, may result in additional feesfees not to exceed $10,000. All fees under this agreement Agreement shall be payable as follows (a) $5,000 upon the execution of this agreement, which shall be non-refundable and (b) the balance upon mailing subscription documents. Fees for Records Agent Services will be refundable to the Company to the extent services are not actually performed by Sterne Agee.

Records Agent Fees. For the Records Agent services outlined above, the Company agrees to pay Sterne Agee a cash fee of $35,000. This fee is based on the requirements of the current banking regulations, the Plan, as currently contemplated, and the expectation that member data will be processed as of three key record dates. Any material changes in the regulations or the Plan, or delays requiring duplicate or replacement processing due to changes to record dates, may result in additional feesfees not to exceed $10,000. All fees under this agreement Agreement shall be payable as follows (a) $5,000 upon the execution of this agreement, which shall be non-refundable and (b) the balance upon mailing subscription documents. Fees for Records Agent Services will be refundable to the Company to the extent not actually incurred by Sterne Agee.

Records Agent Fees. For the Records Agent services outlined above, the Company agrees to pay Sterne Agee a cash fee of $35,000. This fee is based on the requirements of the current banking regulations, the Plan, as currently contemplated, and the expectation that member data will be processed as of three key record dates. Any material changes in the regulations or the Plan, or delays requiring duplicate or replacement processing due to changes to record dates, may result in additional feesfees not to exceed $10,000. All Records Agent fees under this agreement Agreement shall be payable as follows (a) $5,000 upon the execution of this agreementAgreement, which shall be non-refundable and (b) the balance upon mailing subscription documents.

Records Agent Fees. For the Records Agent services outlined above, the Company agrees to pay Sterne Agee a cash fee of $35,00050,000. This fee is based on the requirements of the current banking regulations, the Plan, as currently contemplated, and the expectation that member data will be processed as of three key record dates. Any material changes in the regulations or the Plan, or delays requiring duplicate or replacement processing due to changes to record dates, may result in additional feesfees not to exceed $10,000. All Records Agent fees under this agreement Agreement shall be payable as follows (a) $5,000 upon the execution of this agreementAgreement, which shall be non-refundable and (b) the balance upon mailing subscription documents.

Records Agent Fees. For the Records Agent services outlined above, the Company agrees to pay Sterne Agee a cash fee of $35,000. This fee is based on the requirements of the current banking regulations, the Plan, as currently contemplated, and the expectation that member data will be processed as of three key record dates. Any material changes in the regulations or the Plan, or delays requiring duplicate or replacement processing due to changes to record dates, may result in additional feesfees not to exceed $10,000. All fees under this agreement Agreement shall be payable as follows (a) $5,000 upon the execution of this agreementAgreement, which shall be non-refundable and (b) the balance upon mailing subscription documents. Fees for Records Agent Services will be refundable to the Company to the extent not actually incurred by Sterne Agee.