Transaction Finder’s Fee. a) In connection with any transaction (“Transaction”) consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, the Company will pay to the Advisor a Transaction Fee (“Transaction Fee”) based on the aggregate consideration received or to be paid by the Company in connection with such Transaction, and computed as follows: (i) 7% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereof; 4% of the next million dollars of part thereof and 3% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased). The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties. b) As used herein, the term “aggregate consideration” shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction. c) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Transaction Finder’s Fee. a) In connection with any transaction (“Transaction”) consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, during a period ending six (6) months from the termination of this agreement (in each such case, a “Transaction”) the Company will pay to the Advisor a Transaction Fee (“Transaction Fee”) based on the aggregate consideration received or to be paid by the Company in connection with such TransactionTransaction (as further defined below), and computed as follows: (i) 75% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereofdollars; 4% of the next million dollars; 3% of the next million dollars; 2% of the next million dollars of part thereof and 31% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased). The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties. By way of example, if the Company consummates a transaction in which the Company receives aggregate consideration of $2 million, consisting of $1 million in securities and $1 million in cash, then the Transaction Fee will be payable by the Company one-half in securities and one-half in cash.
b(a) As used herein, the term “aggregate consideration” shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
c(b) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Samples: Business Advisory Agreement (Whitney Information Network Inc)
Transaction Finder’s Fee. a) In connection with any transaction (“Transaction”) consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, during a period ending six (6) months from the termination of this agreement (in each such case, a "Transaction") the Company will pay to the Advisor a Transaction Fee (“"Transaction Fee”") based on the aggregate consideration received or to be paid by the Company in connection with such TransactionTransaction (as further defined below), and computed as follows: (i) 75% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereofdollars; 4% of the next million dollars; 3% of the next million dollars; 2% of the next million dollars of part thereof and 31% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased). The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, Company unless otherwise mutually agreed to in writing by the parties. By way of example, if the Company consummates a transaction in which the Company receives aggregate consideration of $2 million, consisting of $1 million insecurities and $1 million in cash, then the Transaction Fee will be payable by the Company one-half in securities and one-half in cash.
b) a. As used herein, the term “"aggregate consideration” " shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
c) b. A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor Adviser will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Transaction Finder’s Fee. a) In connection with any transaction (“Transaction”) ------------------------ consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, during a period ending six (6) months from the termination of this agreement (in each such case, a "Transaction") the Company will pay to the Advisor a Transaction Fee (“"Transaction Fee”") based on the aggregate consideration received or to be paid by the Company in connection with such TransactionTransaction (as further defined below), and computed as follows: (i) 75% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereofdollars; 4% of the next million dollars; 3% of the next million dollars; 2% of the next million dollars of part thereof and 31% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased). The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties. By way of example, if the Company consummates a transaction in which the Company receives aggregate consideration of $2 million, consisting of $1 million in securities and $1 million in cash, then the Transaction Fee will be payable by the Company one-half in securities and one-half in cash.
b(a) As used herein, the term “"aggregate consideration” " shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
c(b) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Samples: Business Advisory Agreement (Stem Cell Therapy International, Inc.)
Transaction Finder’s Fee. (a) In connection with any transaction (“Transaction”) consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, the Company will pay to the Advisor a Transaction Fee (“Transaction Fee”) based on the aggregate consideration received or to be paid by the Company in connection with such Transaction, and computed as follows: (i) 7% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereof; 4% of the next million dollars of part thereof and 3% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased). The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties.
(b) As used herein, the term “aggregate consideration” shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
(c) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Samples: Business Advisory Agreement (Xenacare Holdings, Inc.)
Transaction Finder’s Fee. a) In connection with any transaction (“Transaction”) consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, during a period ending six (6) months from the termination of this agreement (in each such case, a “Transaction” ) the Company will pay to the Advisor a Transaction Fee (“Transaction Fee”) based on the aggregate consideration received or to be paid by the Company in connection with such TransactionTransaction (as further defined below), and computed as followsfollows : (i) 75% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereofdollars; 4% of the next million dollars; 3% of the next million dollars; 2% of the next million dollars of part thereof and 31% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased)parties. The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties. By way of example, if the Company consummates a transaction in which the Company receives aggregate consideration of $2 million, consisting of $1 million in securities and $1 million in cash, then the Transaction Fee will be payable by the Company one-half in securities and one-half in cash.
b(a) As used herein, the term “aggregate consideration” shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
c(b) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Transaction Finder’s Fee. (a) In connection with any transaction (“Transaction”) consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, the Company will pay to the Advisor a Transaction Fee (“Transaction Fee”) based on the aggregate consideration received or to be paid by the Company in connection with such Transaction, and computed as follows: (i) 76% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereof; 4% of the next million dollars or part thereof; 3% of the next million dollars of part thereof and 32% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased). The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties.
(b) As used herein, the term “aggregate consideration” shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
(c) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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Transaction Finder’s Fee. a) In connection with any transaction (“Transaction”) -------------------------- consummated by the Company during the period ending two (2) years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party (except for any party identified by the Company on a schedule to be provided contemporaneously with the execution of this Agreement) to the Company, during a period ending six (6) months from the termination of this agreement (in each such case, a "Transaction") the Company will pay to the Advisor a Transaction Fee (“"Transaction Fee”") based on the aggregate consideration received or to be paid by the Company in connection with such TransactionTransaction (as further defined below), and computed as follows: (i) 75% of the first million dollars or part thereof; 6% of the next million dollars or part thereof; 5% of the next million dollars or part thereofdollars; 4% of the next million dollars; 3% of the next million dollars; 2% of the next million dollars of part thereof and 31% of the balance of the value of the transaction, or (ii) as otherwise mutually agreed to in writing by the parties (the formula can be increased)parties. The Transaction Fee will be payable in the same forms and proportions as the aggregate consideration disbursed or received by the Company, unless otherwise mutually agreed to in writing by the parties. By way of example, if the Company consummates a transaction in which the Company receives aggregate consideration of $2 million, consisting of $1 million in securities and $1 million in cash, then the Transaction Fee will be payable by the Company one-half in securities and one-half in cash.
b(a) As used herein, the term “"aggregate consideration” " shall be deemed to be the total amount disbursed or received by the Company (which shall be deemed to include amounts paid into escrow) in connection with a Transaction.
c(b) A Transaction Fee is payable in the event of and upon the closing of a Transaction; provided, however, that if the aggregate consideration consists of or may be increased by future payments or contingent payments related to future earnings or operations, the Company, in its discretion, shall have the choice to either (i) pay that portion of the Transaction Fee at closing from escrow based on the present value of any future and/or contingent payments calculated as at closing or (ii) pay that portion of the Transaction Fee calculated and paid when and as such future and/or contingent payments are made to the Company; provided further, however, that even if the Company exercises its discretion under clause (ii) above, the entire Transaction Fee due to the Advisor will be paid within twenty-four (24) months of the date this Agreement is terminated, regardless of whether the Company has then received all payments that are to be made to the Company in connection with the Transaction.
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