Xxmpensation. As full compensation for all services rendered and obligations assumed by the Sub-Advisor hereunder with respect to the Series, the Manager shall pay the compensation specified in Appendix A to this Agreement.
Xxmpensation. (a) In consideration of, and in full payment for, the services to be performed under this Agreement, the Company hereby agrees to issue to the Consultant, subject to the provisions of this Section 5, forty thousand (40,000) shares of the common stock, par value $.0001 per share, of the Company (the "Shares"); provided, however, that prior to issuance of the Shares, the Company will file with the Securities and Exchange Commission a registration statement on Form S-8 covering the Shares (the "Registration Statement"). Anything contained herein to the contrary notwithstanding, the parties hereby acknowledge and agree that the Consultant's obligation to perform hereunder is subject to, and conditioned upon: (i) the Consultant's receipt of the Company's most recent annual report and such other reports as filed under the Securities Exchange Act of 1934, as amended, and otherwise required to be delivered to the Consultant by the Company under Rule 428 promulgated by the Commission under the Securities Act of 1933, as amended (the "428 Information"); (ii) the effectiveness of the Registration Statement; and (iii) delivery to the Consultant of stock certificates evidencing the Shares upon their issuance subsequent to the effectiveness of the Registration Statement. The Consultant shall have forty-eight (48) hours following receipt of the 428 Information during which to rescind this Agreement, rendering it null and void and without any obligations as to the parties hereto; provided, however, failure by the Consultant to respond within such 48 hour period shall be deemed an acceptance by the Consultant of this Agreement.
Xxmpensation. Each of the Issuerx xxxxx xxx xxmpensation for services pursuant to this Agreement in accordance with the pricing schedules furnished by JPMorgan to such Issuer from time to time and upon such payment terms as the parties shall determine. Each of the Issuers shall also reimburse JPMorgan for any fees and charges imposed by DTC with respect to services provided to such Issuer in connection with the Book-Entry Notes.
Xxmpensation. The compensation payable to the LLC is set forth below.
Xxmpensation. Xx xxxxideration of the services described in item 1 above, the Company grants to Alfred V. Greco ("AVG"), as designee of Greco, optxxxx xx xxxxxxxe shares of common stock xx xxe Company under four stock options (the "Greco Options") further described in item 3 below. Xxx Greco Options are granted by the Company pursuant xx xxe Option Plan and are delivered to Teicher to be held in escrow pursuant paragraph 4 xxxxx. AVG shall be entitled to pay the exercise price of such options by using (and only by using) the credit account in an aggregate amount of $40,000 described in a separate letter agreement among Greco, AVG and the Company dated the date hereof (xxx "Settlement Agreement").
Xxmpensation
