Common use of SOLICITATION COMPENSATION Clause in Contracts

SOLICITATION COMPENSATION. (a) The Selling Agent shall receive from the Company ten percent (10%) of the gross proceeds received from the acceptance of subscriptions solicited by Selling Agent as a compensation for acting as selling agent. Such compensation is to be due and payable by the Company to the Selling agent in immediately available funds in connection with the acceptance of the subscription.

Appears in 3 contracts

Samples: Selling Agency Agreement (Vertical Health Solutions Inc), Selling Agency Agreement (Vertical Health Solutions Inc), Selling Agency Agreement (Vertical Health Solutions Inc)

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SOLICITATION COMPENSATION. (a) The Selling Agent shall receive from the Company ten percent (10%) of the gross proceeds received from the acceptance of subscriptions solicited by Selling Agent as a compensation for acting as selling agent. The Company also agrees to pay the Selling Agent a corporate finance fee payable in cash upon at the end of the Offering equal to three percent (3%) of the gross proceeds received by the Company from Investors solicited by the Selling Agent. Such compensation is to be due and payable by the Company CryoPort to the Selling agent Agent in immediately available funds in connection with upon the acceptance of the subscription.

Appears in 1 contract

Samples: Selling Agency Agreement (Cryoport, Inc.)

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