Common use of Termination Fees Clause in Contracts

Termination Fees. For terminations pursuant to Sections 8.2(a), 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of transition, multiplied by $25 provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach.

Termination Fees. For terminations pursuant to Sections 8.2(a), 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of transition, multiplied by $25 25, provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach.

Termination Fees. For terminations pursuant to Sections 8.2(a), 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of transition, multiplied by $25 provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach. ODB will comply with the following rules regarding termination fees FINRA Rules 5110(g)(1), (g)(4) and (g)(5).

Termination Fees. For terminations pursuant to Sections 8.2(a), 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of termination or transition, multiplied by $25 25, provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach. The Issuer Parties shall be jointly and severally liable for any Termination Fees.

Termination Fees. For terminations pursuant to Sections 8.2(a8.2(8.2(a), 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of transition, multiplied by $25 provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach.

Termination Fees. For terminations pursuant to Sections 8.2(a)8.2, 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,00010,000, or (b) the current number of Investors of Private Securities as established at the time of termination or transition, multiplied by $25 25, up to a maximum of $15,000, provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach. The Issuer Parties shall be jointly and severally liable for any Termination Fees.

Termination Fees. For terminations pursuant to Sections 8.2(a), 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of transition, multiplied by $25 25, provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach.

Termination Fees. For terminations pursuant to Sections 8.2(a), 8.3(a8.4(a) or 8.4(a8.5(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of transition, multiplied by $25 25, provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach. Terminations pursuant to Sections 8.2 and 8.3 will be governed by those provisions.

Termination Fees. For terminations pursuant to Sections 8.2(a)8.2, 8.3(a) or 8.4(a), Issuer shall at the date of termination pay the greater of (a) $25,000, or (b) the current number of Investors of Private Securities as established at the time of termination or transition, multiplied by $25 25, provided that no Termination Fee shall be due under this provision in the event termination is for cause due to ODB’s uncured breach. The Issuer Parties shall be jointly and severally liable for any Termination Fees.