Common use of Transaction Bonus Clause in Contracts

Transaction Bonus. Upon the closing of the Capital Raise, the Company shall pay the Executive a per transaction bonus in the amount of $75,000, in consideration for the Executive’s assistance in closing each of the Xxxxxx Xxxxxx and the SeqLL Merger (each a “Transaction Bonus”) and for any subsequent completed acquisition in excess of $8 million. Such Transaction Bonus(es) shall be paid via payroll within fifteen (15) days of the closing of such transaction(s).

Transaction Bonus. Upon the closing of the Capital Raise, the Company shall pay the Executive a per transaction bonus in the amount of $75,000, in consideration for the Executive’s assistance 100,000 in closing each of the Xxxxxx Xxxxxx and the SeqLL Merger (each a “Transaction Bonus”) Merger, and for any subsequent completed acquisition in excess of $8 million, in consideration for the Executive’s assistance in closing each such transaction (the “Transaction Bonus”). Such Transaction Bonus(es) shall be paid via payroll within fifteen (15) days of the closing of such transaction(s).

Transaction Bonus. Upon the closing of the Capital Raise, the Company shall pay the Executive a per single transaction bonus in the amount of $75,000, in consideration for the Executive’s assistance in closing each of the Xxxxxx Xxxxxx and the SeqLL Merger (each a “Transaction Bonus”) and for any subsequent completed acquisition in excess of $8 million, in consideration for the Executive’s assistance in closing each such transaction (the “Transaction Bonus”). Such Transaction Bonus(es) shall be paid via payroll within fifteen (15) days of the closing of such transaction(s).