Warrant Coverage / Compensation Sample Clauses

Warrant Coverage / Compensation. In addition to the Placement Agent's Fee, as additional compensation, AGENT shall cause P▇▇▇▇▇▇ or its designees who are accredited investors to be paid a warrant (the "Agent's Warrants") to purchase such number of shares of the Company's common stock equal to 8% of the total number of shares of PubCo's common stock all Securities sold are convertible into at the closing of the Reverse Acquisition, at a purchase price of $0.625 per share (or such other price per share that equals the lowest purchase price per share that is specified in a warrant granted to AGENT arising from AGENT's services to the Company pursuant to the Placement Agency Agreement). Capitalized terms used in this Section 1(c) but not otherwise defined herein shall have the respective meanings given to such terms in the Offering Documents.