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agrees to use its best efforts to find one or more purchasers from Ontro for a total of 1,600,000 shares of authorized and un-issued common stock of Ontro for a purchase price equal to no less then $1.00 per share ($1,600,000). In consideration therefore, Ontro agrees to grant to Aura a warrant (the \"Commitment Warrant\") to purchase 210,000 shares of Ontro common stock for $1.00 per share, and with all other terms of the Commitment Warrant to be the same as the Performance Warrant defined in paragraph A.2.(b) below. 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Each party hereby indemnifies the other against any such claims by any person known to it, and not known to the other party hereto, who shall claim to have rendered services in connection with the introduction of the Company to the Underwriters and/or to have such a claim.", "hash": "f7c279fe360718f4e423e390b4060f9d", "id": 4}, {"samples": [{"hash": "y13wKBTR3c", "uri": "/contracts/y13wKBTR3c#finder", "label": "Underwriting Agreement (Ocurest Laboratories Inc)", "score": 18.0, "published": true}, {"hash": "l0BKOgiLlnL", "uri": "/contracts/l0BKOgiLlnL#finder", "label": "Underwriting Agreement (Ocurest Laboratories Inc)", "score": 18.0, "published": true}, {"hash": "h2lkWIU2MvD", "uri": "/contracts/h2lkWIU2MvD#finder", "label": "Underwriting Agreement (Global Med Technologies Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-registration-statement", "type": "clause", "offset": [23, 49]}, {"key": "the-company", "type": "definition", "offset": [51, 62]}, {"key": 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667]}], "size": 7, "snippet": "No person has acted as a finder in connection with the transactions contemplated herein, and the Company will indemnify the Placement Agent with respect to any claim for finder's fees in connection herewith. The Company further represents that it has no management or financial consulting or advisory agreement with anyone except as set forth in the Memorandum. The Company additionally represents that no officer, director, or 5% or greater shareholder of the Company is, directly or indirectly, associated with a National Association of Securities Dealers, Inc. member broker-dealer, other than such persons as the Company has advised the Placement Agent in writing are so associated.", "hash": "afd179b1fdaab3e33afe0457000c3285", "id": 8}, {"samples": [{"hash": "gSknsG0UObT", "uri": "/contracts/gSknsG0UObT#finder", "label": "Underwriting Agreement (Bio Aqua Systems Inc)", "score": 18.0, "published": true}, {"hash": "dAmWSsczlWB", "uri": "/contracts/dAmWSsczlWB#finder", "label": "Underwriting Agreement (Bio Aqua Systems Inc)", "score": 18.0, "published": true}, {"hash": "c8v4k3rFWHR", "uri": "/contracts/c8v4k3rFWHR#finder", "label": "Underwriting Agreement (Bio Aqua Systems Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-company", "type": "definition", "offset": [0, 11]}, {"key": "nature-of-a", "type": "clause", "offset": [63, 74]}, {"key": "origination-fee", "type": "definition", "offset": [91, 106]}, {"key": "with-respect-to", "type": "clause", "offset": [107, 122]}, {"key": "stock-and-warrants", "type": "clause", "offset": [139, 157]}, {"key": "resulting-from", "type": "definition", "offset": [168, 182]}, {"key": "the-representative", "type": "clause", "offset": [202, 220]}, {"key": "be-responsible", "type": "clause", "offset": [225, 239]}], "size": 6, "snippet": "The Company knows of no outstanding claims for services in the nature of a finder's fee or origination fee with respect to the sale of the Stock and Warrants hereunder resulting from its acts for which the Representative may be responsible.", "hash": "bad31b9ac3caec4f3d9dd3b545574b24", "id": 10}], "next_curs": "Ck8SSWoVc35sYXdpbnNpZGVyY29udHJhY3RzcisLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig9maW5kZXIjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 224, "parents": [["representations-and-warranties-of-the-company", "REPRESENTATIONS AND WARRANTIES OF THE COMPANY"], ["related-transactions", "Related Transactions"], ["representations-and-warranties-of-the-purchaser", "REPRESENTATIONS AND WARRANTIES OF THE PURCHASER"], ["representations-and-warranties-of-seller", "Representations and Warranties of Seller"], ["representations-and-warranties-of-buyer", "Representations and Warranties of Buyer"]], "children": [["governing-law", "GOVERNING LAW"], ["survival", "SURVIVAL"], ["the-information-of-the-members-of-the-underwriting-group", "THE INFORMATION OF THE MEMBERS OF THE UNDERWRITING GROUP"], ["notice-to-the-company", "NOTICE TO THE COMPANY"], ["\u2587\u2587\u2587\u2587\u2587\u2587\u2587", "\u2587\u2587\u2587\u2587\u2587\u2587\u2587"]], "title": "Finder", "id": "finder", "related": [["finders", "Finders", "<strong>Finders</strong>"], ["no-brokerage", "No Brokerage", "No Brokerage"], ["finders-brokers", "Finders; Brokers", "<strong>Finders</strong>; Brokers"], ["no-brokerage-fees", "No Brokerage Fees", "No Brokerage Fees"], ["brokerage-fee", "Brokerage Fee", "Brokerage Fee"]], "related_snippets": [], "updated": "2025-07-07T12:37:50+00:00", "also_ask": ["What are the essential elements that must be included in a Finder clause to ensure enforceability?", "How can the scope of the Finder\u2019s authority be strategically limited or expanded during negotiations?", "What are the most common legal pitfalls or fatal flaws in Finder clauses that could render them unenforceable?", "How do Finder clauses differ from broker or agent clauses under relevant law?", "What standards do courts use to determine if a Finder is entitled to compensation under this clause?"], "drafting_tip": "Define the finder's role and compensation structure to avoid ambiguity; specify conditions for payment to ensure enforceability; clarify exclusions to prevent disputes over entitlement.", "explanation": "The Finder clause defines the role and compensation of an individual or entity (the \"Finder\") who introduces parties to a potential business opportunity, such as an investment or acquisition. Typically, this clause outlines the conditions under which the Finder is entitled to a fee, the amount or method of calculating the fee, and any limitations or exclusions, such as deals already known to the parties. Its core function is to clarify the Finder's rights and obligations, ensuring that compensation is only paid when the Finder's introduction leads to a successful transaction, thereby preventing disputes over entitlement and payment."}, "json": true, "cursor": ""}}