Placement Agents Fees and Expenses Sample Clauses

Placement Agents Fees and Expenses. At the Initial Closing, and at each subsequent Closing, the Company shall pay to the Placement Agent a commission equal to ten (10%) percent of the aggregate purchase price of the shares sold by the Placement Agent plus up to three (3%) percent Non-Accountable Expense Allowance of the aggregate purchase price of each share sold. The Retainer Amount will be applied against the Non Accountable Expenses Allowance, and the Placement Agent will be entitled only to the difference between them, if any. In any event, the total Expenses of Offering payable by the Company shall not exceed thirty six thousand dollars ($36,000). The company will also issue to the Placement Agent shares of common stock equal to ten percent (10%) of the total number of shares of common stock issued to the Subscribers.

Placement Agents Fees and Expenses. At Closing, the Company shall pay to the Placement Agent a cash commission equal to 8% of the gross proceeds of the sale of the Units, a nonaccountable expense allowance equal to 3% of the gross proceeds of the sale of the Units less the $25,000 deposit paid by the Company upon the execution of the Letter of Intent dated November 30, 2000 as amended December 18, 2000. At the First Closing, the Company also shall reimburse the Placement Agent for the expenses described in Section 5.3 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.3 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold and to the extent any expenses occur after the First Closing, those expenses shall be reimbursed at the Final Closing.

Placement Agents Fees and Expenses. At the Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Units sold in the Offering. In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at the Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to 3% of the aggregate purchase price of the Units (less $20,000 paid on account) sold in the Offering. On or before the Closing, the Company shall pay the fees and disbursements of GM&M referred to in Section 5.3 below in connection with the qualification of the Units under the securities or Blue Sky laws of the states which the Placement Agent shall designate and the other expenses of the offering that are referred to in Section 5.3 below. All the foregoing amounts are payable directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold.

Placement Agents Fees and Expenses. Subject to the terms and conditions hereof, payment of the purchase price for, and delivery of, the Securities shall be made at the closing (the “Closing” and the date on which the Closing occurs, a “Closing Date”). The Closing of the issuance of the Securities shall occur via “Delivery Versus Payment”, i.e., on the Closing Date, the Company shall issue the Securities directly to the account designated by the Placement Agent and, upon receipt of such Securities, the Placement Agent shall electronically deliver such Securities to the applicable Purchaser and payment shall be made by the Placement Agent (or its clearing firm) by wire transfer to the Company. The Company acknowledges and agrees that it will be responsible for and shall pay: (i) a fee equal to five percent (5%) of the aggregate gross proceeds received by the Company at the Closing; (A) all costs and expenses incident to the purchase, sale and delivery of Securities in the Transaction, including, without limitation, all fees and expenses of filing with the Commission and FINRA, (B) all Blue Sky fees and expenses; all fees and disbursements of counsel and accountants for the Company, (C) all printing costs, (D) all costs of background investigations, (E) all “roadshow” costs (regardless of the form in which the roadshow is conducted), and (F) all costs of the Placement Agent and Company personnel, including, but not limited to, commercial coach class air travel and local hotel accommodations and transportation; and (iii) all actual, reasonable and documented out-of-pocket fees and expenses, including but not limited to, actual, reasonable and documented fees and disbursements of counsel (up to a maximum aggregate amount of up to $75,000 if the Placement is consummated and $40,000 if no Placement is consummated).

Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent cash commissions equal to 8% of the gross proceeds of the sale of the Securities and a nonaccountable expense allowance equal to 2% of the gross proceeds of the sale of the Securities. The Company shall issue to the Placement Agent the Purchase Option to purchase 10% of the number of shares of Preferred Stock and 10% of the Warrants issued to the Subscribers at such Closing. At the Initial Closing (and if additional fees and expenses are incurred by the Placement Agent then at subsequent Closings as well), the Company also shall reimburse the Placement Agent for the expenses described in Section 5.2 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.2 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Securities sold.

Placement Agents Fees and Expenses. As compensation for the Placement Agent’s services hereunder, the Company hereby agrees to pay the Placement Agent, on the Closing Date, a cash fee in an amount equal to seven percent (7%) of the aggregate gross proceeds from the sale of the Series B Preferred Stock and Warrants to the Purchasers in the Placement, excluding any proceeds received from the sale of Securities by the Company to MedPace Inc. In addition to any fees that may be paid to the Placement Agent hereunder, whether or not any Transaction occurs or the Placement Agent’s engagement and/or this Agreement is otherwise terminated by any party or expires, the Company shall reimburse the Placement Agent, promptly upon receipt of an invoice therefor, for all out-of-pocket expenses (including, without limitation, the reasonable fees and expenses of Placement Agent’s counsel, and the reasonable fees and expenses of any other independent experts retained by the Placement Agent) incurred by the Placement Agent in connection with the Transactions and the Engagement Letter (defined below), in an amount not to exceed $35,000 in the aggregate (including the fees and expenses of Placement Agent’s counsel), without the Company’s prior consent (not to be unreasonably withheld); provided, however, that such expense cap in no way limits or impairs the indemnification and contribution provisions of this Agreement or the Engagement Letter.

Placement Agents Fees and Expenses. As compensation for the Placement Agents’ services hereunder, the Company hereby agrees to pay the Representative, on behalf of the Placement Agents, on the closing date of the Placement (the “Closing Date”) the fee or gross spread, as applicable, in an amount equal to six percent (6%) of the aggregate gross proceeds to the Company from the placement of the Securities. In addition to any fees that may be paid to the Placement Agents hereunder, whether or not any Transaction occurs or this Agreement is otherwise terminated, the Company will reimburse the Placement Agents, promptly upon receipt of an invoice therefor, for all out-of-pocket expenses (including reasonable fees and expenses of Placement Agents’ counsel, and the reasonable fees and expenses of any other independent experts retained by the Placement Agents) incurred by the Placement Agents in connection with the Transactions and the Engagement Letter (defined below), in an amount not to exceed $50,000 (other than the fees and expenses of Placement Agents’ counsel) without the Company’s consent (not to be unreasonably withheld).

Placement Agents Fees and Expenses. At the Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Units (including any Units paid for by tender of the October Notes). In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at the Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to 3% of the aggregate purchase price of the Units. On or before the Closing, the Company

Placement Agents Fees and Expenses. At closing, the issuer will pay to the placement agent a commission over the aggregate purchase price of the securities sold by the placement agent. The parties may also agree that the issuer grants to the agent a certain percentage of securities as part of the compensation package. This will also facilitate the commercialization process for the agent between its clients, as the agent will be keeping a percentage of the securities that are being issued. In other words, that it will be sharing the risk with investors (what is known as having “skin in the game”).