Common use of Selling Agents Clause in Contracts

Selling Agents. Members of the National Association of Securities Dealers, Inc. (the "NASD") who shall agree to offer Shares hereunder (herein referred to as "Selling Agents") will be allowed a commission of ten percent (10%) of the total sales price (i.e., $0.10 per Share) and payable as hereinafter provided. No commission shall be earned or paid unless the Shares are sold on or before _______________________ [90 days from the date of the Prospectus], which date may be extended for up to an additional 90 by the Company.

Appears in 2 contracts

Samples: Selling Agent Agreement (Alya International Inc), Selling Agent Agreement (Alya International Inc)

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Selling Agents. Members of the National Association of Securities Dealers, Inc. (the "NASD") who shall agree to offer Shares Units hereunder (herein referred to as "Selling Agents") will be allowed a commission of ten percent (10%) of the total sales price (i.e., $0.10 0.01 per ShareUnit) and payable as hereinafter provided. No commission shall be earned or paid unless the Shares Units are sold on or before _______________________ [90 days from the date of the Prospectus], which date may be extended for up to an additional 90 by the Company.

Appears in 2 contracts

Samples: Selling Agent Agreement (I Track Inc), Selling Agent Agreement (I Track Inc)

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