Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Wainwright (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $90,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.
...3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. 430 Park Avenue | New York, New York 10022 1212.356.0500 | www.hcwco.com Member: FINRA/SIPC 3. Tail. Wainwright shall be entitled to compensation under clause (1) hereunder, calculated in the manner set forth therein, with respect to any public or private offering or other financing or capital-raising transaction of any kind, (“Tail Financing”) to the extent that such financing or capital is provided to the Company by investors whom Wainwright first introduced to the Company during the Term or investors who participated in an Offering, if such Tail Financing is consummated at any time within the six-month period following the expiration or termination of this Agreement.
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Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Wainwright (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b)
$25,000 $65,000 for non-accountable expenses (to be
increased decreased to
$50,000 $25,000 in case of a public Offering); (c)
in case of a public Offering, up to
$50,000 $100,000 for fees and expenses of legal counsel and other out-of-pocket
expenses (to be increased to $90,000 in case of a public Offering); expenses; plus the additi
...onal amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. hereunder. 430 Park Avenue | New York, New York 10022 1212.356.0500 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC 3. Tail. Wainwright shall be entitled to compensation under clause clauses (1) and (2) hereunder, calculated in the manner set forth therein, with respect to any public or private offering or other financing or capital-raising transaction of any kind, kind (“Tail Financing”) to the extent that such financing or capital is provided to the Company by investors whom Wainwright first had contacted during the Term or introduced to the Company during the Term or investors who participated in an Offering, (limited to a total of five such investors), if such Tail Financing is consummated at any time within the six-month 6-month period following the expiration or termination of this Agreement.
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Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Wainwright (a) a management fee equal to
1.0% 0.5% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable
expenses (to be increased to $50,000 in case of a public Offering); expenses; (c) up to
$50,000 $100,000 for fees and expenses of legal counsel and other out-of-pocket
expenses (to be increased to $90,000 in case of a public Offering); expenses; plus the additional
reimbursable amount payable by the C
...ompany pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. 430 Park Avenue | New York, New York 10022 1212.356.0500 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC 3. Tail. 3.Tail. In the event an Offering does not close during the Term, Wainwright shall be entitled to compensation under clause (1) hereunder, calculated in the manner set forth therein, with respect to any public or private offering or other financing or capital-raising transaction of any kind, kind (“Tail Financing”) to the extent that such financing or capital is provided to the Company by investors whom Wainwright first had contacted during the Term or introduced to the Company during the Term or investors who participated in an Offering, Term, if such Tail Financing is consummated at any time within the six-month 6-month period following the expiration or termination of this Agreement.
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Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Wainwright (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable
expenses (to be increased to $50,000 in case of a public Offering); expenses; (c) up to
$50,000 $100,000 for fees and expenses of legal counsel and other out-of-pocket
expenses (to be increased to $90,000 in case of a public Offering); expenses; plus the additional amount payable by the Company pursuant to
... Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. 430 Park Avenue | New York, New York 10022 1212.356.0500 | 212.356.0500 | www.hcwco.com Member: FINRA/SIPC 3. Tail. Wainwright shall be entitled to compensation under clause (1) hereunder, calculated in the manner set forth therein, with respect to any public or private offering or other financing or capital-raising transaction of any kind, kind (“Tail Financing”) to the extent that such financing or capital Tail Financing is provided to the Company directly or indirectly by investors whom Wainwright first had contacted during the Term or introduced to the Company during the Term or investors who participated in an Offering, Term, if such Tail Financing is consummated at any time within the six-month 6-month period following the expiration or termination of this Agreement.
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Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Wainwright (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable expenses (to be increased to
$50,000 $40,000 in case of a public Offering); (c) up to $50,000
reimbursement for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to
$90,000 $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant
...to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement. 430 Park Avenue | New York, New York 10022 1212.356.0500 | www.hcwco.com Member: FINRA/SIPC 3. 2 4. Tail. Wainwright shall be entitled to compensation under clause clauses (1) and (2) hereunder, calculated in the manner set forth therein, with respect to any public or private offering or other financing or capital-raising transaction of any kind, kind (“Tail Financing”) to the extent that such financing or capital is provided to the Company by investors whom Wainwright first had contacted during the Term or introduced to the Company during the Term or investors who participated in an Offering, Term, if such Tail Financing is consummated at any time within the six-month 12-month period following the expiration or termination of this Agreement. Agreement without Cause (as defined below).
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