Trustee Fees. The Client shall pay to the Trustee, the following fees: (a) A $10,000 cash fee upon the signing of this Agreement; and (b) Client common stock shares issued as of the date of this Agreement equal to the greater of (a) five and eight/tenths percent (5.8%) of the total shares to be registered pursuant to the Registration Statement or (b) 87,500 common stock shares (the “Stock Fee”). The Client/Beneficiary will provide to the Trustee the required documentation and support for the acceptance by the Trustee’s clearing firm for deposit of the common stock shares underlying the Stock Fee once the requisite holding period has expired under Rule 144.
Appears in 5 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement (Sustinere Holdings, Inc.)
