Common use of Underwriting Discount Clause in Contracts

Underwriting Discount. In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Shares purchased) of the following compensation with respect to the Shares which they are offering: (i) with respect to Shares sold to investors introduced by the Underwriters in this Offering, a six and a half percent (6.5%) underwriting discount; and (ii) with respect to Shares sold to investors introduced by the Company in this Offering, a four percent (4%) underwriting discount.

Underwriting Discount. In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Shares purchased) of the following compensation with respect to the Shares which they are offering: (i) with respect to any Shares sold to investors introduced by the Underwriters in this Offering, a six and a half eight percent (6.5%) underwriting discount; and (ii) with respect to Shares sold to investors introduced by the Company in this Offering, a four percent (48.0%) underwriting discount.

Underwriting Discount. In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Shares purchased) of the following compensation with respect to the Shares which they are offering: (i) with respect to any Shares sold to investors introduced by the Underwriters in this Offering, a six and a half seven percent (6.5%) underwriting discount; and (ii) with respect to Shares sold to investors introduced by the Company in this Offering, a four percent (47.0%) underwriting discount.