Common use of Option Fee Clause in Contracts

Option Fee. In consideration of the Option Rights herein granted to COMPANY by UFRF and as an indication of serious intent, COMPANY shall pay to UFRF the sum of one thousand two hundred dollars ($1,200) within thirty (30) days of the Execution Date, such sum to be nonrefundable.

Appears in 3 contracts

Sources: Exclusive Option Agreement (Signet International Holdings, Inc.), Exclusive Option Agreement (Signet International Holdings, Inc.), Exclusive Option Agreement (Signet International Holdings, Inc.)

Option Fee. In consideration of the Option Rights herein granted to COMPANY by UFRF and as an indication of serious intent, COMPANY shall pay to UFRF the sum of one thousand two hundred dollars ($$ 1,200) within thirty (30) days of the Execution Date, such sum to be nonrefundable.

Appears in 1 contract

Sources: Exclusive Option Agreement (Signet International Holdings, Inc.)