Common use of Tail Financing Clause in Contracts

Tail Financing. In the event that the Company does not consummate the Offering as contemplated by this Agreement, the Representative shall be entitled to a cash fee equal to eight percent (8%) of the gross proceeds received by the Company from the sale of the securities to any investor actually introduced by the Representative to the Company(the “Tail Financing”), since December 10, 2021, through December 10, 2022 (the “Engagement Period”) and such Tail Financing is consummated at any time during the Engagement Period or within the twelve (12) month period following the expiration of the Engagement Period, provided that such financing is by a party actually introduced to the Company in an offering in which the Company has direct knowledge of such party’s participation and not a party that the Company can demonstrate was already known to the Company.

Tail Financing. In the event that the Company does not consummate the Offering as contemplated by this Agreement, the Representative shall be entitled to a cash fee equal to eight six percent (86%) of the gross proceeds received by the Company from the sale of the securities to any investor actually introduced by the Representative to the Company(the Company (the “Tail Financing”), since December 10January 27, 20212021 through [ ], through December 10, 2022 202__ (the “Engagement Period”) and such Tail Financing is consummated at any time during the Engagement Period or within the twelve six (126) month period following the expiration of the Engagement Period, provided that such financing is by a party actually introduced to the Company in an offering in which the Company has direct knowledge of such party’s participation and not a party that the Company can demonstrate was already known to the Company.

Tail Financing. In the event that the Company Representative does not consummate the Offering as contemplated by this Agreement, the Representative shall be entitled to a cash fee equal to eight percent (88.0%) of the gross proceeds received by the Company from the sale of the securities to any investor actually introduced by the Representative to the Company(the “Tail Financing”)Company during the period of engagement between the Company and the Representative, since December 10, 2021, through December 10, 2022 as amended (the “Engagement Period”) (the “Tail Financing”), and such Tail Financing is consummated at any time during the Engagement Period or within the twelve (12) month period following the expiration of the Engagement Period, provided that such financing is by a party actually introduced to the Company in an offering in which the Company has direct knowledge of such party’s participation and not a party that the Company can demonstrate was already known to the Companyparticipation.