Term Clause Example with 4 Variations from Business Contracts

Term. (a) This Agreement will remain in effect for a period of 120 30 days from its date (the "Term"). Darbie will have the right to terminate this Agreement immediately upon five days' prior written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such breach withi...n 10 days of the date of the notice sent by the Issuer. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time tune during the period Term, commencing on the date hereof and ending 12 months from the latter of the date of the termination of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Sections 2, 3, 6, 8, 3,6,8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. October 14, 2021 Page 2 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; or (ii) If during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at at: any time thereafter; each of the foregoing, a "Transaction," "Transaction." the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More

Term. (a) This Agreement will remain in effect for a period of 120 60 days from its date (the "Term"). Darbie will have the right to terminate this Agreement immediately upon five days' prior written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such breach withi...n 10 days of the date of the notice sent by the Issuer. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time during the period commencing on the date hereof and ending 12 months from the latter date of introduction of the date of Introduced Party to the termination of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Issuer. Sections 2, 3, 6, 8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. October 14, 2021 Page 2 1 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; Issuer other than through an underwritten public offering; or (ii) during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at any time thereafter; each of the foregoing, a "Transaction," the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More

Term. (a) This Agreement will remain in effect for a period of 120 days from its date (the "Term"). Darbie will Both Parties shall have the right to terminate this Agreement immediately upon ten days written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such brea...ch within 10 days of the date of the notice sent by the Issuer. notice. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time during the period commencing on the date hereof and ending 12 months from the latter of the date of the termination terminations of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Sections 2, 3, 6, 8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 Wall Street New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Inc. GZ6G Technologies Corp. October 14, 5, 2021 Page 2 (b) If: (i) during the 12 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; or (ii) during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at any time thereafter; each of the foregoing, a "Transaction," the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More

Term. (a) This Agreement will remain in effect for a period of 120 days from its date (the "Term"). Darbie will have the right to terminate this Agreement immediately upon written notice to the Issuer. The Issuer will not have the right to terminate this Agreement unless there has been a breach by Darbie of a material term of this Agreement, and the Issuer has provided Darbie with written notice of such breach; provided, however, Darbie will have the right to cure such breach within 10 days of the dat...e of the notice sent by the Issuer. Notwithstanding termination of this Agreement, Darbie will be entitled to receive compensation under section 3 in the event the Issuer and an Introduced Party consummate a Transaction (as defined herein) at any time during the period commencing on the date hereof and ending 12 24 months from the latter later of the date of the termination of this Agreement or the last funding of a Transaction between the Issuer and the Introduced Party. Sections 2, 3, 6, 8, and 11 will survive termination of this Agreement. J.H. Darbie & Co. 40 48 Wall Street Street, Suite 1206 New York, NY 10005 Telephone: 212-269-7271 Fax: 212-269-7330 www.jhdarbie.com J H DARBIE & CO., INC. GBT Technologies, Better For You Wellness Inc. October 14, 2021 March 10, 2022 Page 2 (b) If: (i) during the 12 24 months following termination or expiration of this Agreement, any Introduced Party purchases equity or debt securities from the Issuer; or (ii) during the Term, an Introduced Party enters into an agreement to purchase securities from the Issuer, which is consummated at any time thereafter; each of the foregoing, a "Transaction," the Issuer will pay Darbie, upon the receipt of the purchase price for the securities or the close of the Transaction, a Finder's Fee in the amount that would otherwise have been payable to Darbie in accordance with this Agreement had such Transaction occurred during the Term. View More