Common use of Set-Up Fees Clause in Contracts

Set-Up Fees. The Parties acknowledge and agree as good and valuable compensation for manager taking the actions necessary set up the Crowdfunding Platform for the Company that Manager will be entitled to Sep-Up Fee comprised of 5% of the gross revenue derived from Company’s operation of the Crowdfunding Platform during the first year of Operations and 5% of the gross revenue derived from Company’s operation of the Crowdfunding Platform during the second year of Operations.

Appears in 1 contract

Sources: Management Services Agreement (Blue Chip Capital Group Inc.)

Set-Up Fees. The Parties acknowledge and agree as good and valuable compensation for manager Manager taking the actions necessary to set up the Crowdfunding Platform for the Company that Manager will be entitled to a Sep-Up Fee comprised of 5% of the gross revenue derived from Company’s operation of the Crowdfunding Platform during the first year of Operations and 5% of the gross revenue derived from Company’s operation of the Crowdfunding Platform during the second year of Operations.

Appears in 1 contract

Sources: Crowdfunding Platform Management and Maintenance Services Agreement (Blue Chip Capital Group Inc.)

Set-Up Fees. The Parties acknowledge and agree as good and valuable compensation for manager Manager taking the actions necessary to set up the Crowdfunding Platform for the Company that Manager will be entitled to a Sep-Up Fee comprised of 5% of the gross revenue derived from Company’s operation of the Crowdfunding Platform during the first year of Operations and 5% of the gross revenue derived from Company’s operation of the Crowdfunding Platform during the second year of Operations.. Blue Chip – RaiseWise USA Crowdfunding Platform Management Services Agreement

Appears in 1 contract

Sources: Management Services Agreement (Blue Chip Capital Group Inc.)