Cash Fee Clause Example with 5 Variations from Business Contracts
This page contains Cash Fee clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Cash Fee. The Company shall pay to Rodman a cash commission fee, or as to an underwritten Offering an underwriter discount, equal to 7.5% of the aggregate gross proceeds raised in each Offering. In addition, the Company shall pay to Rodman a cash management fee equal to 1% of the aggregate gross proceeds raised in each Offering. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 2. Warrant Coverage. The Company shall issu...e to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 5% of the aggregate number of shares of Common Stock placed in each Offering (and if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options, with the warrant issuable upon conversion of the Securities or the exercise of the option). If the Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Rodman Warrant shall have an exercise price equal to 125% of the public offering price per share in the applicable Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to the Company and to Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock.View More
Variations of a "Cash Fee" Clause from Business Contracts
Cash Fee. The Company shall pay to Rodman a cash commission fee, or as to an underwritten Offering an underwriter discount, equal to 7.5% 7.0% of the aggregate gross proceeds raised in each Offering. In addition, the Company shall pay Offering; provided, however, that such cash fee will be reduced to Rodman a cash management fee equal to 1% 3.5% of the aggregate gross proceeds raised in each Offering. Offering from the Company's insiders who participated in such Offering and are listed on Exhibit A hereto... (the "Excluded Investors"). 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 2. Warrant Coverage. The If the Securities included in an Offering include warrants, the Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 5% 5.0% of the aggregate number of shares of Common Stock common stock placed in each Offering (and if the Securities are convertible or include an Offering includes a "greenshoe" or "additional investment" option component, such number of shares of Common Stock common stock underlying such Securities or options, additional option component, with the warrant Rodman Warrants issuable upon conversion of the Securities or the exercise of the such option). If the Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Rodman Warrant shall have an exercise price equal to 125% of the public offering price per share (or unit, if applicable) in the applicable Offering. If no warrants are issued to investors in an Offering, Offering and if such offering price is not available, the Rodman Warrants shall be in a customary form reasonably acceptable to the Company and to Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. common stock on the date an Offering is commenced. View More
Cash Fee. The Company shall pay to Rodman a cash commission fee, or as to an underwritten Offering an underwriter discount, equal to 7.5% 6.0% of the aggregate gross proceeds raised in each Offering. In addition, However, the Company Cash Fee shall pay be reduced to Rodman 4.5% for proceeds raised from Alpha Capital Anstalt and Osher Capital LLC ("Company Investors") up to a cash management fee equal to 1% total $1.5 million of the aggregate gross proceeds raised from the "Company Investors". For further ...clarity, the Cash Fee will remain 6% for all proceeds in each Offering. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC excess of$1.5 million raised from the "Company Investors: 1 2. Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") Warrants" ) to purchase that number of shares of common stock of the Company equal to 5% 3% of the aggregate number of shares of Common Stock placed in each Offering (and if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options, with the warrant issuable upon conversion of the Securities or the exercise of the option). If the Securities included in an Offering are non-convertible, convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Rodman Warrant shall have an exercise price equal to 125% of the public offering price per share in the applicable Offering. If no ne warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to the Company and to Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. View More
Cash Fee. The Company shall pay to Rodman a cash commission fee, or as to an underwritten Offering an underwriter discount, equal to 7.5% 7.0% of the aggregate gross proceeds raised in each Offering. In addition, the Company shall pay to Rodman a cash management fee equal to 1% of the aggregate gross proceeds raised in each Offering. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 2. Warrant Coverage. The Company shall... issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 5% of the aggregate number of shares of Common Stock placed in each Offering (and if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options, with the warrant issuable upon conversion of the Securities or the exercise of the option). If the Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Rodman Warrant shall have an exercise price equal to 125% of the public offering price per share in the applicable Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to the Company and to Rodman, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. 1 2. Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Rodman (a) $25,000 for out-of-pocket expenses; plus (b) $50,000 for non-accountable expenses; plus the additional reimbursable amount payable by the Company pursuant to Section D.3 below; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. View More
Cash Fee. The Company shall pay to Rodman a cash commission fee, or as to an underwritten Offering an underwriter discount, equal to 7.5% of the aggregate gross proceeds raised in each Offering. In addition, the Company shall pay to Rodman a cash management fee equal to 1% 7% of the aggregate gross proceeds raised in each Offering. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 2. Warrant Coverage. The Company shall i...ssue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 5% of the aggregate number of shares of Common Stock placed in each Offering (and if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options, with the warrant issuable upon conversion of the Securities or the exercise of the option). Offering. If the Securities included in an Offering are non-convertible, convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such the Rodman Warrant Warrants shall have a term of five years, and an exercise price equal to 125% of the public per share offering price per share in and shall not have any provisions requiring registration of the applicable Offering. underlying shares. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to Rodman and the Company and to Rodman, Company, have a term of 5 years and an exercise price equal to 125% of the then market price of the Common Stock. View More
Cash Fee. The Company shall pay to Rodman a cash commission fee, or as to an underwritten Offering an underwriter discount, equal to 7.5% 7% of the aggregate gross proceeds raised in each Offering. In addition, the Company Additionally, Rodman shall pay to Rodman receive a cash management fee equal to 1% 7% of such cash exercise price proceeds received by the Company, payable within 48 hours of the aggregate gross receipt by the Company of any cash exercise price proceeds raised from the exercise of any w...arrants or options sold in each Offering. Offering, provided that no such fee is due and payable hereunder in the event the warrants or options are not exercised for cash. 430 Park Avenue | New York, New York 10022 | 212.356.0500 Security services provided by H.C. Wainwright & Co., LLC | Member: FINRA/SIPC 2. Warrant Coverage. The Company shall issue to Rodman or its designees at each Closing, warrants (the "Rodman Warrants") to purchase that number of shares of common stock of the Company equal to 5% of the aggregate number of shares of Common Stock placed in each Offering (and if (if the Securities are convertible or include a "greenshoe" or "additional investment" option component, such number of shares of Common Stock underlying such Securities or options, with the warrant issuable upon conversion of the Securities or the exercise of the option). options). If the Securities included in an Offering are non-convertible, the Rodman Warrants shall be determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Rodman Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that such Rodman Warrant shall have an exercise price equal to 125% of the public offering price per share in the applicable Offering. If no warrants are issued to investors in an Offering, the Rodman Warrants shall be in a customary form reasonably acceptable to the Company and to Rodman, have a term of 5 years and an exercise price equal to 125% 110% of the then market price of the Common Stock. View More
