Common use of Placement Agent’s Fee Clause in Contracts

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing five-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering at an exercise price of $4.37 (125% of the price per Share), which warrants shall be exercisable at any time, during the period commencing six months from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing fivetwo and one-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.37 (125% of the price per Share), which warrants shall be exercisable at any time, during the period commencing six months from the date of the Offering 4.48 (the “Placement Agent Warrant” and together with the shares of Common Stock (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent Agents in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent Agents an amount (the “Placement Fee”) equal to eight percent (8.0%) 6.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, Securities at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent Agents or its their designees at the Closing five-year warrants to purchase such number of Shares ADSs (as defined in Section 3) equal to 5.0% of the Shares ADSs sold in this Offering at an exercise price of $4.37 [●] (or 125% of the price per Sharepublic offering price), which warrants shall be exercisable at any time, during the period commencing six months time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock ADSs and underlying Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent Agents may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement AgentAgents.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) % of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing fivethree-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.010.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.37 (125% of the price per Share)2.35, which warrants shall be exercisable at any time, during the period commencing six months time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) 8% of the aggregate gross proceeds received by the Company from the sale of the SecuritiesSecurities up to $12.0 million and 7.5% of the aggregate gross proceeds received by the Company from the sale of the Securities thereafter, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing five-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.02.5% of the Shares sold in this Offering at an exercise price of $4.37 [●] (or 125% of the price per Sharepublic offering price), which warrants shall be exercisable at any time, during the period commencing six months time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing fivethree and one-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.07.0% of the Shares sold in this Offering at an exercise price of $4.37 (125% of the price per Share)4.4875, which warrants shall be exercisable at any time, during the period commencing six months time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) 7.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, Securities at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing fivethree and one-half-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.02.5% of the Shares sold in this Offering at an exercise price of $4.37 7.50 (or 125% of the price per Sharepublic offering price), which warrants shall be exercisable at any time, during the period commencing six months time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing fivethree-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.37 (125% of the price per Share), which warrants shall be exercisable at any time, during the period commencing six months from the date of the Offering 2.60 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) 7.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing fivethree-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $4.37 (125% of the price per Share), which warrants shall be exercisable at any time, during the period commencing six months from the date of the Offering 1.33 (the “Placement Agent Warrant” and together with the shares of Common Stock Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.