Common use of Warrant Exercise Compensation Clause in Contracts

Warrant Exercise Compensation. The Finder will also be paid by the Company ten percent (10%) of the cash proceeds received by the Company from exercise of the Warrants (“Warrant Exercise Compensation”). The Warrant Exercise Compensation must be paid by the Company to the Finder within five (5) days after each receipt by the Company of Warrant Exercise cash proceeds.

Appears in 6 contracts

Samples: Subscription Agreement (Rim Semiconductor CO), Subscription Agreement (Inrob Tech Ltd.), Subscription Agreement (Inrob Tech Ltd.)

AutoNDA by SimpleDocs

Warrant Exercise Compensation. The Finder will also be paid by the Company ten percent (10%) of the cash proceeds received by the Company from exercise of the Class A and Class B Warrants (“Warrant Exercise Compensation”). The Warrant Exercise Compensation must be paid by the Company to the Finder within five (5) days after each receipt by the Company of Warrant Exercise cash proceeds.

Appears in 2 contracts

Samples: Subscription Agreement (Valcent Products Inc.), Subscription Agreement (Valcent Products Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.