Tail Period. For a period of twelve months from March 25, 2021, if the sponsor completes any equity, equity linked or debt or other capital raising activity for itself or any other special purpose acquisition company with any of the investors contacted by the representative during this period, then the sponsor will pay to the representative upon the closing of such financing a cash fee equal to 5.0% of such proceeds.
Appears in 4 contracts
Samples: Underwriting Agreement (Pono Capital Corp), Underwriting Agreement (Pono Capital Corp), Underwriting Agreement (Pono Capital Corp)