January 10, 2021Legal Fee Advancement Agreement • January 27th, 2021 • National Holdings Corp • Security & commodity brokers, dealers, exchanges & services
As discussed, assuming that the Merger Agreement (the “Merger Agreement”) by and among B. Riley Financial, Inc. (“BRF”), B. Riley Principal Merger Corp III, and National Holdings Corporation (the “Company”) closes, BRF will, or will cause the Company to, advance to you legal fees that you have incurred prior to the Effective Time (as defined in the Merger Agreement) within 30 days following the Effective Time with respect to the SEC subpoena you received. The advancement will be by wire transfer to Wilmer Cutler Pickering Hale and Dorr LLP in the amount of fees ($783,821) incurred with respect to your receipt of and response to the subpoena (the “Subpoena Matter”).
