Common use of Authorization Period Clause in Contracts

Authorization Period. HFG’s engagement hereunder shall become effective on the date hereof (the “Effective Date”) and will automatically terminate (the “Termination Date”) on the first to occur of the following: (a) four months from the Effective Date if the Going Public Transaction has not been consummated; (b) either party exercises there right of termination under Section 5. hereof, (c) the Company’s breach of its covenants set forth in Section 6. hereof, or (d) 24 months from the Effective Date. This Agreement may be extended beyond the Termination Date if both parties mutually agree in writing. Except as to certain obligations of the Company under Section 4. hereof, this Agreement shall also terminate immediately upon the mutual decision of the parties not to move forward with the Restructuring, the Financing or the Going Public Transaction.

Authorization Period. Except as otherwise provided for herein, HFG’s engagement hereunder shall become effective on the date hereof (the “Effective Date”) and will automatically terminate (the “Termination Date”) on the first to occur of either of the following: (a) four months from the Effective Date if the Going Public Transaction has not been consummated; (b) either party exercises there their right of termination under Section 5. hereof, (cb) the Company’s breach of its covenants set forth in Section 6. hereof, herein or (dc) 24 months from the Effective DatePubco’s listing on a national stock exchange or a quotation medium. This Agreement may be extended beyond the Termination Date if both parties mutually agree in writing. Except as to certain obligations of the Company under Section 4. hereof, this Agreement shall also terminate immediately upon the mutual decision of the parties not to move forward with the Restructuring, the Financing or the Going Public Transaction.

Authorization Period. HFG’s 's engagement hereunder shall become effective on the date hereof (the “"Effective Date”") and will automatically terminate (the “"Termination Date”") on the first to occur of the following: (a) four months from the Effective Date if the Going Public Transaction has not been consummated; (b) either party exercises there right of termination under Section 5. hereof, (cb) the Company’s 's breach of its covenants set forth in Section 6. hereof, or (dc) 24 4 months from the Effective Date, (d)the Company finds out that the public shell corporation bears any liability and going on lawsuits. This Agreement may be extended beyond the Termination Date if both parties mutually agree in writing. Except as to certain obligations of the Company under Section 4. hereof, this Agreement shall also terminate immediately upon the mutual decision of the parties not to move forward with the Restructuring, the Financing or the Going Public Transaction.