Common use of Warrant Exercise Compensation Clause in Contracts

Warrant Exercise Compensation. The Company has agreed to pay to the Broker identified on Schedule 8 to the Subscription Agreement (“Broker”) Warrant Exercise Compensation as described in the Subscription Agreement equal to five percent (5%) of the cash proceeds payable to the Company upon exercise of the Warrant. The Warrant Exercise Compensation will be paid by the Company to the Broker not later than the fifth (5th) business day after the Company receives cash proceeds from the exercise of this Warrant. The Holder of the Warrant has no obligation or responsibility to pay Warrant Exercise Compensation

Warrant Exercise Compensation. The Company has agreed to pay to the Broker certain parties identified on Schedule 8 to the Subscription Agreement (“Broker”) Warrant Exercise Compensation as described in the Subscription Agreement equal to five ten percent (510%) of the cash proceeds payable to the Company upon exercise of the Warrant. The Warrant Exercise Compensation will be paid by the Company to the Broker not later than the fifth tenth (5th10th) business day days after the Company receives cash proceeds from the exercise of this Warrant. The Holder of the Warrant has no obligation or responsibility to pay Warrant Exercise Compensation.

Warrant Exercise Compensation. The Company has agreed to pay to the Broker entity identified on Schedule 8 to the Subscription Agreement (“Broker”) Warrant Exercise Compensation as described in the Subscription Agreement equal to five percent (5%) of the cash proceeds payable to the Company upon exercise of the Warrant. The Warrant Exercise Compensation will be paid by the Company to the Broker not later than the fifth (5th) business day after the Company receives cash proceeds from the exercise of this Warrant. The Holder of the Warrant has no obligation or responsibility to pay Warrant Exercise Compensation.

Warrant Exercise Compensation. The Company has agreed to pay to the Broker identified on Schedule 8 7 to the Subscription Unit Purchase Agreement (“"Broker”") Warrant Exercise Compensation as described in the Subscription Unit Purchase Agreement equal to five ten percent (510%) of the cash proceeds payable to the Company upon exercise of the Warrant. The Warrant Exercise Compensation will be paid by the Company to the Broker not later than the fifth (5th) business day after the Company receives cash proceeds from the exercise of this Warrant. The Holder of the Warrant has no obligation or responsibility to pay Warrant Exercise Compensation

Warrant Exercise Compensation. The Company has agreed to pay to the Broker identified on Schedule 8 to the Subscription Agreement (“"Broker”") Warrant Exercise Compensation as described in the Subscription Agreement equal to five percent (5%) of the cash proceeds payable to the Company upon exercise of the Warrant. The Warrant Exercise Compensation will be paid by the Company to the Broker not later than the fifth (5th) business day after the Company receives cash proceeds from the exercise of this Warrant. The Holder of the Warrant has no obligation or responsibility to pay Warrant Exercise Compensation