Common use of Escrow Agent’s Fee Clause in Contracts

Escrow Agent’s Fee. The Escrow Agent shall be entitled to a fee of $1,500 and to a fee of $5 for each disbursement to a subscriber to which subscription proceeds are being returned for its services rendered pursuant to the terms hereof, which compensation shall be paid by the Company. The fee agreed upon for the services rendered hereunder is intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event that the conditions for the disbursement of funds under this Agreement are not fulfilled, or the Escrow Agent renders any material service not contemplated in this Agreement to the Company, or there is any assignment of interest in the subject matter of this Agreement by the Company, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorneys’ fees, occasioned by any delay, controversy, litigation or event, and all of the foregoing shall be recoverable from the Company.

Escrow Agent’s Fee. The Escrow Agent ESCROW AGENT shall be entitled to a fee of $1,500 and to a fee of $5 for each disbursement to a subscriber to which subscription proceeds are being returned compensation for its services rendered pursuant to as stated in the terms hereoffee schedule attached hereto as Exhibit A, which compensation shall be paid by the CompanyMOUNTAIN STATES. The fee agreed upon for the services rendered hereunder is intended as full compensation for the Escrow Agent’s ESCROW AGENT's services as contemplated by this Agreement; provided, however, that in the event that the conditions for the disbursement of funds under this Agreement are not fulfilled, or the Escrow Agent ESCROW AGENT renders any material service not contemplated in this Agreement to the CompanyAgreement, or there is any assignment of interest in the subject matter of this Agreement by the CompanyAgreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent ESCROW AGENT is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent ESCROW AGENT shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorneys’ attorney's fees, occasioned by any delay, controversy, litigation or event, and all of the foregoing same shall be recoverable from the CompanyMOUNTAIN STATES.

Escrow Agent’s Fee. The Escrow Agent ESCROW AGENT shall be entitled to a fee of $1,500 and to a fee of $5 for each disbursement to a subscriber to which subscription proceeds are being returned compensation for its services rendered pursuant to as stated in the terms hereoffee schedule attached hereto as Exhibit A, which compensation shall be paid by the CompanyCOMPANY. The fee agreed upon for the services rendered hereunder is intended as full compensation for the Escrow Agent’s ESCROW AGENT's services as contemplated by this Agreement; provided, however, that in the event that the conditions for the disbursement of funds under this Agreement are not fulfilled, or the Escrow Agent ESCROW AGENT renders any material service not contemplated in this Agreement to the CompanyAgreement, or there is any assignment of interest in the subject matter of this Agreement by the CompanyAgreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent ESCROW AGENT is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent ESCROW AGENT shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorneys’ attorney's fees, occasioned by any delay, controversy, litigation or event, and all of the foregoing same shall be recoverable from the CompanyCOMPANY.