Finder’s Fee Agreements definition
Finder’s Fee Agreements means collectively the finder’s fee agreement entered into between the Issuer and In ▇▇▇ ▇▇▇▇▇ dated January 3, 2013 and the finder’s fee agreement entered into between MMU and ▇▇▇▇▇ & ▇▇▇▇▇, Inc. dated January 5, 2012 in relation to finder’s fees payable in connection with the Transaction. Pursuant to the Finder’s Fee Agreements, (i) an aggregate finder’s fee of $50,000, representing 2% of the Transaction value, is payable to In ▇▇▇ ▇▇▇▇▇ on the Closing Date, of which $25,000 is payable in cash and the balance of which is payable through the issuance of 125,000 Shares at a deemed price of $0.20 per Share, and (ii) an aggregate finder’s fee of $75,000, representing 3% of the Transaction value, is payable to ▇▇▇▇▇ & ▇▇▇▇▇ Inc. of which $37,500 is payable in cash and the balance of which is payable through the issuance of 187,500 Shares.
Examples of Finder’s Fee Agreements in a sentence
Any fees due to the Finder pursuant to the Finder’s Fee Agreements at Closing as a result of the completion of the Transaction, including any issuance of Shares thereunder, will be borne by Pubco.
Any fees due to the Finders pursuant to the Finder’s Fee Agreements at Closing as a result of the completion of the Transaction, including any issuance of Shares thereunder, will be borne by Broome.
With the exception of the Finders pursuant to the Finder’s Fee Agreements, no person or corporation is entitled to a finder’s fee or other form of compensation from Broome with respect to this Agreement and the consummation of the Transaction.