Common use of Offering Process Clause in Contracts

Offering Process. (a) In connection with the Offering, Placement Agent will: (i) familiarize itself to the extent it deems appropriate with the business, operations, financial condition and prospects of the Client and the industry; (ii) review to its satisfaction the offering documents (the “Offering Materials”) in connection with the offering of the Securities; (b) If Placement Agent is satisfied with the results of its due diligence of Client, Placement Agent will then: (i) identify possible investors, which might have an interest in receiving the Offering Materials and evaluating participation in the Offering; (ii) contact one or more possible investors in the Securities (the “Potential Investors”) and distribute the Offering Materials to those requesting receipt of the same; (iii) attend meetings with Client and Potential Investors; (iv) assist the Client in responding to due diligence requests from Potential Investors; and (v) assist the Client in closing on the sale of Securities to those Potential Investors accepted by Client in the Offering. (c) In connection with the services provided in Paragraph 2(b), Placement Agent will post the Offering Materials, and such other documents as mutually agreed upon by the parties, to an online platform provided and maintained by the Platform Operator, which may be accessed by the eligible investing public and/or other broker-dealers that have become referring broker-dealers pursuant to a signed selling agreement entered into with the Placement Agent. The referring broker-dealers will identify and facilitate referrals of Potential Investors and provide information regarding the Client and the Offering to such Potential Investors.

Offering Process. (a) In connection with the Offering, Placement Agent will: (i) familiarize itself to the extent it deems appropriate with the business, operations, financial condition and prospects of the Client and the industry; (ii) review to its satisfaction the offering documents (the “Offering Materials”) in connection with the offering of the Securities; (b) If Placement Agent is satisfied with the results of its due diligence of Client, Placement Agent will then: (i) identify possible investors, which might have an interest in receiving the Offering Materials and evaluating participation in the Offering; (ii) contact one or more possible investors in the Securities (the “Potential Investors”) and distribute the Offering Materials to those requesting receipt of the same; (iii) attend meetings with Client and Potential Investors; (iv) assist the Client in responding to due diligence requests from Potential Investors; and (v) assist the Client in closing on the sale of Securities to those Potential Investors accepted by Client in the Offering. (c) In connection with the services provided in Paragraph 2(b), Placement Agent will post the Offering Materials, and such other documents as mutually agreed upon by the parties, to an online platform provided and maintained by the Platform Operator, which may be accessed by the eligible investing public and/or other broker-dealers that have become referring broker-dealers pursuant to a signed selling agreement entered into with the Placement Agent. The referring broker-dealers will identify and facilitate referrals of Potential Investors and provide information regarding the Client and the Offering to such Potential Investors. .

Offering Process. (a) In connection with the Offering, Placement Agent will: (i) familiarize itself to the extent it deems appropriate with the business, operations, financial condition and prospects of the Client and the industry; (ii) review to its satisfaction the offering documents (the “Offering Materials”) in connection with the offering of the Securities; (b) If Placement Agent is satisfied with the results of its due diligence of Client, Placement Agent will then: (i) identify possible investors, which might have an interest in receiving the Offering Materials and evaluating participation in the Offering; (ii) contact one or more possible investors in the Securities (the “Potential Investors”) and distribute the Offering Materials to those requesting receipt of the same; (iii) attend meetings with Client and Potential Investors; (iv) assist the Client in responding to due diligence requests from Potential Investors; and (v) assist the Client in closing on the sale of Securities to those Potential Investors accepted by Client in the Offering. (c) In connection with the services provided in Paragraph 2(b), Placement Agent will post the Offering Materials, and such other documents as mutually agreed upon by the parties, to an online platform provided and maintained by ASMX, LLC (the “Platform Operator”), which may be accessed by the eligible investing public and/or other broker-dealers that have become referring broker-dealers pursuant to a signed selling agreement entered into with the Placement Agent. The referring broker-dealers will identify and facilitate referrals of Potential Investors and provide information regarding the Client and the Offering to such Potential Investors.