Common use of Optional Form of Payment Clause in Contracts

Optional Form of Payment. TCC may, at the time for each payment and its' sole option, elect to receive all or a portion of said fees in the form of securities equity, or financing instruments issued by Client or Client's Clients to TCC on terms agreed upon by Client in writing.

Appears in 2 contracts

Sources: Investment Banking Agreement (GTC Telecom Corp), Investment Banking Agreement (GTC Telecom Corp)