Common use of Sourcing Fee Clause in Contracts

Sourcing Fee. Summit Expense Account ------------------------------------ 4.1 The Sourcing Fee shall be paid to Kyle Williams as compens▇▇▇▇▇ ▇▇▇ ▇▇▇ services rendered and to be rendered for and on behalf of Summit in connection with its entering into, and performance of, this Agreement. The Sourcing Fee shall be paid by GulfWest from the Advanced Funds pursuant to Section 5.3 hereof, and shall be paid to Kyle Williams within fiv▇ ▇▇▇▇▇▇▇▇ ▇▇ys of GulfWest receiving verification that the full amount of the Advanced Funds have been deposited in a mutually agreed Federal Deposit Insurance Corporation (FDIC) member banking institution and that such funds are available for withdrawal as provided by this Agreement. 4.2 The Summit Expense Amount shall be paid to Summit to cover costs and expenses incurred by Summit in connection with its entering into, and performance of, this Agreement, and any other costs and expenses incurred by Summit in connection with this Agreement. The Summit Expense Amount shall be paid from the Advanced Funds as provided in Section 5.3 below, and shall be paid within five (5) business days of GulfWest's receipt of a monthly expense invoice submitted by Summit

Sourcing Fee. Summit Expense Account ------------------------------------ 4.1 The Sourcing Fee shall be paid to Kyle Williams as compens▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ as compensation for his services rendered and to be rendered for and on behalf of Summit in connection with its entering into, and performance of, this Agreement. The Sourcing Fee shall be paid by GulfWest from the Advanced Funds pursuant to Section 5.3 hereof, and shall be paid to Kyle Williams within fiv▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ys within five business days of GulfWest receiving verification that the full amount of the Advanced Funds have been deposited in a mutually agreed Federal Deposit Insurance Corporation (FDIC) member banking institution and that such funds are available for withdrawal as provided by this Agreement. 4.2 The Summit Expense Amount shall be paid to Summit to cover costs and expenses incurred by Summit in connection with its entering into, and performance of, this Agreement, and any other costs and expenses incurred by Summit in connection with this Agreement. The Summit Expense Amount shall be paid from the Advanced Funds as provided in Section 5.3 below, and shall be paid within five (5) business days of GulfWest's receipt of a monthly expense invoice submitted by Summit