Common use of Introducer’s Fee Clause in Contracts

Introducer’s Fee. In consideration for the services performed by Introducer hereunder, STWA shall pay to Introducer an Introducer’s fee (“Introducer’s Fee”) with respect to each capital raising transaction consummated with a Designated Prospect. The Introducer’s Fee is a cash compensation calculated as eight percent (8%) of the total proceeds received by STWA from Designated Prospect. Introducer’s Fee is only upon STWA’s receipt of proceeds of a financing involving the Designated Prospect, the receipt of which STWA has the right to accept or reject, in whole or in part, in its sole and absolute discretion. STWA shall not be obligated to pay any fee to Introducer with respect to a Designated Prospect for which a financing is not completed.