Common use of M&A Fee Clause in Contracts

M&A Fee. In the event Consultant is the procuring cause (i.e., the initiator of a first communication between Client and a third party such as a corporation or financial source) of a successful merger, acquisition, or receipt of financing by Client occurring solely as the result of Consultant's introduction, Consultant shall be paid additional compensation in an amount equal to three percent (3%) of the total merger/acquisition value, or ten percent (10%) of the total amount of financing/capitalization secured on behalf of the Client (i.e., the "M&A Fee"). The M&A Fee shall be due and payable to Consultant within fifteen (15) days following the close of the applicable transaction. In instances where Consultant introduces the procuring cause (i.e., the initiator) of a successful financing/capitalization on behalf of the Client, Consultant shall be paid additional compensation of five percent (5%) of the total capitalization amount.