Common use of Fee Tail Clause in Contracts

Fee Tail. The Placement Agents shall be entitled to the cash fees calculated in the manner described in Section 3 hereto with respect to any private or public offering or other financing or capital raising transaction of any kind consummated within six (6) months from the Closing Date with an investor whom the Placement Agents have, directly or indirectly, introduced to the Company during the term of this Agreement. Notwithstanding the foregoing, this Section 15 shall not apply to any sale of equity securities to DaVita, Inc., a Delaware corporation (or any of its affiliates), Fresenius Medical Care North America, Innovative Renal Care, LLC, Sanderling Renal Services, Inc. or OrbiMed Advisors, LLC.