Scope of Engagement. Client hereby engages Financial Adviser as its exclusive agent in the Potential Transaction to purchasers pursuant to a Tier 2 offering of Regulation A, as amended (“Regulation A+”), securities (the “Securities”) under Title IV of the Jumpstart Our Business Startups (“JOBS”) Act in one or more related transactions to purchasers (the “Regulation A Offering”). Sales of Regulation A+ securities will be executed on a “Best Efforts” basis. Therefore, Client understands that Financial Adviser cannot and does not guarantee that it will be able to successfully complete the Potential Transaction or raise capital for the Client. In addition, Client will be solely responsible for collection and management of investor funds in a segregated account and Financial Advisor will not hold customer funds in any way or safekeep customer securities.
Appears in 48 contracts
Samples: Engagement Letter (Masterworks 036, LLC), Engagement Letter (Masterworks Collection 001, LLC), Engagement Letter (Masterworks 037, LLC)
Scope of Engagement. Client hereby engages Financial Adviser as its exclusive agent in the Potential Transaction to purchasers pursuant to a Tier 2 offering of Regulation A, as amended (“Regulation A+”), securities (the “Securities”) under Title IV of the Jumpstart Our Business Startups (“JOBS”) Act in one or more related transactions to purchasers (the “Regulation A Offering”). Sales of Regulation A+ securities will be executed on a “Best Efforts” basis. Therefore, Client understands that Financial Adviser cannot and does not guarantee that it will be able to successfully complete the Potential Transaction or raise capital for the Client. In addition, Client will be solely responsible for collection and management of investor funds in a segregated account and Financial Advisor Adviser will not hold customer funds in any way or safekeep customer securities.
Appears in 47 contracts
Samples: Engagement Letter (Masterworks 085, LLC), Engagement Letter (Masterworks 084, LLC), Engagement Letter (Masterworks 082, LLC)
Scope of Engagement. Client hereby engages Financial Adviser as its exclusive agent in the Potential Transaction a placement of securities in one or more related transactions to purchasers pursuant to a Tier 2 offering of Regulation A, as amended (“Regulation A+”), ) securities (the “Securities”) under Title IV of the Jumpstart Our Business Startups (“JOBS”) Act in one or more related transactions to purchasers (the “Regulation A OfferingPrivate Placement”). Sales of Regulation A+ securities will be are executed on a “Best Efforts” basis. Therefore, Client understands that Financial Adviser cannot and does not guarantee that it will be able to successfully complete the Potential Transaction or raise capital for the Client. In addition, Client will be solely responsible for collection and management of investor funds in a segregated account and Financial Advisor will not hold customer funds in any way or safekeep customer securities.
Appears in 3 contracts
Samples: Engagement Letter (Teraphysics Corp), Engagement Letter (Teraphysics Corp), Engagement Letter (Teraphysics Corp)
Scope of Engagement. Client hereby engages Financial Adviser as its exclusive agent in the Potential Transaction a placement of securities in one or more related transactions to purchasers pursuant to a Tier 2 offering of Regulation A, as amended (“Regulation A+”), ) securities (the “Securities”) under Title IV of the Jumpstart Our Business Startups (“JOBS”) Act in one or more related transactions to purchasers (the “Regulation A Offering”). Sales of Regulation A+ securities will be are executed on a “Best Efforts” basis. Therefore, Client understands that Financial Adviser cannot and does not guarantee that it will be able to successfully complete the Potential Transaction or raise capital for the Client. In addition, Client will be solely responsible for collection and management of investor funds in a segregated account and Financial Advisor will shall not hold customer funds in any way or safekeep customer securitiesbe responsible for investor funds.
Appears in 2 contracts
Samples: Engagement Letter (Masterworks 002, LLC), Engagement Letter (Masterworks 001, LLC)