Securities Commission. A Securities commission (the “Securities Commission”) equivalent to two percent (2%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing. Additionally, ODB shall be entitled to two percent (2%) of the dollar value of any proceeds received from the exercise of any Warrants. ODB will comply with Lock-Up Restriction required by FINRA Rule 5110(e)(1), not selling, transferring, assigning, pledging, or hypothecating or subjecting such to any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the Securities Commission for a period of 180 days beginning on the date of commencement of sales of the public equity offering with respect to the Securities Commission, unless FINRA Rule 5110(e)(2) applies. Pursuant to FINRA Rule 5110(g), ODB will not accept a Securities Commission in options, warrants or convertibles which violates 5110(g) including but not limited to (a) is exercisable or convertible more than five years from the commencement of sales of the public offering; (b) has more than one demand registration right at the issuer’s expense; (c) has a demand registration right with a duration of more than five years from the commencement of sales of the public offering; (d) has a piggyback registration right with a duration of more than seven years from the commencement of sales of the public offering; (e) has anti-dilution terms that allow the participating members to receive more shares or to exercise at a lower price than originally agreed upon at the time of the public offering, when the public shareholders have not been proportionally affected by a stock split, stock dividend, or other similar event; or (f) has anti-dilution terms that allow the participating members to receive or accrue cash dividends prior to the exercise or conversion of the security.
Securities Commission. A securities commission equivalent to one percent (1.0%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing.
Securities Commission. The appropriate agency charged with regulating securities activities in New York State, but not the SEC.
Securities Commission. A Securities commission (the “Securities Commission”) equivalent to one percent (1.0%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing. ODB will comply with Lock-Up Restriction required by FINRA Rule 5110(e)(1), not selling, transferring, assigning, pledging, or hypothecating or subjecting such to any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the Securities Commission for a period of 180 days beginning on the date of commencement of sales of the public equity offering with respect to the Securities Commission, unless FINRA Rule 5110(e)(2) applies. Pursuant to FINRA Rule 5110(g), ODB will not accept a Securities Commission in options, warrants or convertibles which violates 5110(g) including but not limited to (a) is exercisable or convertible more than five years from the commencement of sales of the public offering; (b) has more than one demand registration right at the issuer's expense; (c) has a demand registration right with a duration of more than five years from the commencement of sales of the public offering; (d) has a piggyback registration right with a duration of more than seven years from the commencement of sales of the public offering; (e) has anti-dilution terms that allow the participating members to receive more shares or to exercise at a lower price than originally agreed upon at the time of the public offering, when the public shareholders have not been proportionally affected by a stock split, stock dividend, or other similar event; or (f) has anti-dilution terms that allow the participating members to receive or accrue cash dividends prior to the exercise or conversion of the security. ODB has no registration rights.
Securities Commission. The appropriate agency charged with regulating securities activities in a state or other jurisdiction, but not the SEC.
Securities Commission. A securities commission equivalent to two percent (2%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing. Additionally, ODB shall be entitled to two percent (2%) of the dollar value of any proceeds received from the exercise of any Warrants.
Securities Commission. A securities commission equivalent to two percent (2%) of the dollar value of the securities issued to Investors pursuant to each Offering through the Private Placements Platform at the time of closing.
Securities Commission. ODB will be entitled to a Securities commission (the “Securities Commission”) equivalent to one percent (1.0%) of the dollar value of the securities issued to Investors pursuant to each Offering at the time of closing. ODB will comply with Lock-Up Restriction required by FINRA Rule 5110(e)(1), not selling, transferring, assigning, pledging, or hypothecating, or subjecting such to any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the Securities Commission for a period of 180 days beginning on the date of commencement of sales of the public equity offering with respect to the Securities Commission, unless FINRA Rule 5110(e)(2) applies. Pursuant to FINRA Rule 5110(g), ODB will not accept a Securities Commission in options, warrants, or convertibles which violates 5110(g) including, but not limited to, (a) is exercisable or convertible more than five (5) years from the commencement of sales of the public offering; (b) has more than one demand registration right at the issuer's expense; (c) has a demand registration right with a duration of more than five (5) years from the commencement of sales of the public offering; (d) has a piggyback registration right with a duration of more than seven (7) years from the commencement of sales of the public offering; (e) has anti-dilution terms that allow the participating members to receive more shares or to exercise at a lower price than originally agreed upon at the time of the public offering, when the public shareholders have not been proportionally affected by a stock split, stock dividend, or other similar event; or (f) has anti-dilution terms that allow the participating members to receive or accrue cash dividends prior to the exercise or conversion of the security. Notwithstanding the foregoing, the Issuer agrees that the Securities Commission shall be assignable, even if such assignment otherwise violates the standard terms of such Securities Commission, at ODB’s sole discretion, at any time, including before the issuance of the Securities Commission, to its Affiliates. For the avoidance of doubt, no further Issuer consent is required to effect or memorialize the foregoing.
Securities Commission. The Underwriters will (and will cause the Selling Firms to) comply with Canadian Securities Laws and securities laws applicable to the Underwriters in the United States with respect to the offer to sell and the distribution of the Shares.
Securities Commission. ODB will be entitled to a Securities commission (the “Securities Commission”) will be determined by the following schedule:
