Recurring Services. We will perform the recurring services at a fixed rate of $7,500 for each Form 10-Q and $12,500 for each Form 10-K. The Company will also be billed for travel and other out-of-pocket costs, such as report production, postage, etc. If the Company determines that additional work is needed from Brio Financial Group, an additional pricing agreement will be agreed upon and issued prior to the commencement of the work. The Company has the ability to cancel the Recurring Services at any time. CFO Services: We will perform the CFO services at a monthly rate of $6,000. We will be entitled to indemnification, including D&O insurance, similar to other officers. The above fees are inclusive of the services set forth above. These fees do not include such work as the deSPAC S-4 and financial instruments valuation work. Additional work not expressly provided for in this Agreement, such as work for registration statements, due diligence reviews for potential acquisitions, current reports on Form 8-K, analysis for additional debt and equity raises, and additional travel for attendance in person at Board of Director or other meetings are not included in the above estimate. Services such as these will be billed at our standard hourly rates unless an additional engagement letter and pricing scheme is in place. Please note that if there is a significant change in the company’s business or number of transactions, the fixed fees will need to be re-negotiated and a new agreement will need to be put into place prior to additional work being performed by Brio Financial Group. In accordance with our usual procedures, we will present invoices on a monthly basis with payments due promptly upon receipt. We reserve the right to suspend services whenever an invoice remains unpaid for more than 45 days.
Appears in 2 contracts
Sources: Service Agreement (Apogee Acquisition Corp), Service Agreement (Apogee Acquisition Corp)
Recurring Services. We will perform the recurring services at a fixed monthly rate of $7,500 for 1,750 due on the first of each Form 10-Q and $12,500 for each Form 10-K. Calendar Month, commencing the month following the filing of the initial S1. The Company will also be billed for travel and other out-of-pocket costs, such as report production, postage, etc. If the Company determines that additional work is needed from Brio Financial Group, an additional pricing agreement will be agreed upon and issued prior to the commencement of the work. The Company has the ability to cancel the Recurring Services at any time. CFO Services: We will perform the CFO services at a monthly rate of $6,000. We will be entitled to indemnification, including D&O insurance, similar to other officers. The above fees are retainer is all inclusive of the services set forth above. For any additional services, which includes potential work on a merger or acquisition, the Company will be billed at an hourly rate of $300/hour for Partner Time and $225/hour for Non Partner Time. These fees do not include such work as the deSPAC S-4 and financial instruments valuation workbills will be rendered monthly. Additional work not expressly provided for in this Agreement, such as work for registration statements, due diligence reviews for potential acquisitions, current reports on Form 8-K, analysis for additional debt and equity raises, and additional travel for attendance in person at Board of Director or other meetings are not included in the above estimate. Services such as these will be billed at our standard hourly rates unless an additional engagement letter and pricing scheme is in place. Please note that if there is a significant change in the company’s company”s business or number of transactionstransaction, the fixed fees monthly rate will need to be re-negotiated and a new agreement will need to be put into place prior to additional work being performed by Brio Financial Group. In accordance with our usual procedures, we will present invoices on a monthly basis with payments due promptly upon receipt. We reserve the right to suspend services whenever an invoice remains unpaid for more than 45 days.
Appears in 1 contract
Sources: Service Agreement (Larkspur Health Acquisition Corp.)