Success Fee definition
Examples of Success Fee in a sentence
The Success Fee described in 4(b) will be credited against the transaction fee.
The obligation to pay to KBW the full Success Fee upon completion of the Subscription Offering and any Community Offering shall survive any termination of this Agreement, including any termination occurring prior to the completion of such Offerings.
A Success Fee shall be paid based on 1% of the aggregate purchase price of Common Stock sold in the Subscription Offering and if any 1.5% of the aggregate purchase price of Common Stock sold in the Community Offering, excluding shares purchased or donated to any charitable foundation established by the Company (or any shares contributed to such a foundation), subject to the payment of a minimum Success Fee $350,000 and shall be paid upon the completion of the Offerings.