Payment of Collection Costs from Securities Purchase Agreement
This Securities Purchase Agreement (this Agreement), dated as of March 13, 2017, is entered into by and between REAC Group, Inc., a Florida corporation (Company), and Iliad Research and Trading, L.P., a Utah limited partnership, its successors and/or assigns (Investor).
Payment of Collection Costs. If this Note is placed in the hands of an attorney for collection or enforcement prior to commencing arbitration or legal proceedings, or is collected or enforced through any arbitration or legal proceeding, or Lender otherwise takes action to collect amounts due under this Note or to enforce the provisions of this Note, then Borrower shall pay the costs incurred by Lender for such collection, enforcement or action including, without limitation, attorneys fees and disbursements. Borrower also agrees to pay for any costs, fees or charges of its transfer agent that are charged to Lender pursuant to any Conversion or issuance of shares pursuant to this Note.