Placement Agent’s Fee Clause Samples
The Placement Agent’s Fee clause defines the compensation that a placement agent is entitled to receive for facilitating a transaction, such as raising capital or securing investors. Typically, this fee is calculated as a percentage of the total funds raised or the value of the transaction, and the clause may specify the timing and method of payment. Its core practical function is to clearly establish the agent’s remuneration, thereby preventing disputes over payment and ensuring all parties understand the financial terms of the engagement.
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Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the Offering, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. The Company shall pay to Rodman a cash placement fee (the “Placement Agent’s Fee”) equal to 7% of the aggregate purchase price paid by each purchaser of Securities that are placed in the Offering. The Placement Agent’s Fee shall be paid at the closing of the Offering (the “Closing”) from the gross proceeds of the Securities sold.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”).
Placement Agent’s Fee. The Company shall pay to ▇▇ ▇▇▇▇▇▇▇▇▇▇ a cash placement fee (the “Placement Agent’s Closing Fee”) on each Closing Date equal to 6% of the aggregate purchase price paid by each purchaser of Securities that are placed in a Placement on each Closing Date during the Term (including any purchase price received in an over-allotment or additional investment right, to the extent possible under applicable law), other than those purchasers listed on Annex A attached hereto, which annex lists those investors that have been referred by the Company and approved by ▇▇ ▇▇▇▇▇▇▇▇▇▇ (which list may be amended from time to time to include additions by the Company after prior written approval of ▇▇ ▇▇▇▇▇▇▇▇▇▇, which approval shall not be unreasonably withheld, conditioned or delayed); provided, however, that the aggregate purchase price by each purchaser of Securities listed on Annex A shall in no event be in excess of 10% of the total aggregate purchase price paid by all Purchasers of Securities in such Placement. Notwithstanding the foregoing, the parties agree that the Company shall have the right to require ▇▇ ▇▇▇▇▇▇▇▇▇▇ to appoint Northland Capital Markets (“Northland”) as financial advisor to the first Placement. ▇▇ ▇▇▇▇▇▇▇▇▇▇ shall pay to Northland 1% of the aggregate purchase price paid by each purchaser of Securities in connection with the first Placement, other than those purchasers listed on Annex A, which amount shall be subtracted from the Placement Agent’s Closing Fee payable to ▇▇ ▇▇▇▇▇▇▇▇▇▇ at the Closing of such first Placement. The Placement Agent’s Closing Fee shall be paid at the Closing of a Placement by international wire transfer following receipt by the Company of the gross proceeds of the Placement.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing three and one-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 7.0% of the Shares sold in this Offering at an exercise price of $4.4875, which warrants shall be exercisable at any time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing a five-year unit purchase option to purchase such number of Units (as defined in Section 3) equal to 8.0% of the Units sold in this Offering at an exercise price of $1.75 per unit (125% of the price per Unit), which unit purchase option shall be exercisable at any time, during the period commencing 180 days from the commencement of sales in the Offering (the “Placement Agent Unit Purchase Option” and together with the shares of Common Stock, Warrants (and Common Stock underlying such Warrants) underlying the Placement Agent Unit Purchase Option, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to 7.5% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing three-year warrants to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering (excluding any Shares issuable upon exercise of the Warrants issued in the Offering) at an exercise price of $1.33 (the “Placement Agent Warrant” and together with the shares of Ordinary Shares (as defined below) underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities (provided, that with respect to Securities sold to investors introduced to the Offering by the Company the Placement Fee shall be four percent (4.0%)), at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing five-year warrants to purchase such number of Shares (as defined in Section 3) equal to 3.0% of the aggregate Shares and Pre-Funded Warrants sold in this Offering, at an exercise price of $[___] (125% of the price per Share), which warrants shall be exercisable at any time, during the period commencing six months from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agents in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agents an amount (the “Placement Fee”) equal to a percentage of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”), in an amount equal to seven percent (7.0%) of the aggregate gross proceeds, and the Company shall issue to the Placement Agents or their designees at the Closing five-year warrants to purchase such number of Shares (as defined in Section 3) equal to five percent (5.0%) of the Shares sold in this Offering at an exercise price of $2.50 per share (the “Placement Agents Warrant” and together with the Ordinary Shares (as defined below) underlying the Placement Agents Warrant, the “Placement Agents Securities”). The Placement Agents may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agents.
Placement Agent’s Fee. Upon the release of funds from the Escrow Account in accordance with the Escrow Agreement, the Company shall pay to the Placement Agent placement agent fees in connection with the transactions contemplated hereunder in the amount of seven percent (7%) Aggregate Proceeds, by wire transfer in accordance with the engagement letter by and among the Company and the Placement Agent.