Common use of Marketing Expenses Clause in Contracts

Marketing Expenses. In addition to the commissions payable to you above, the Company will also pay a Marketing Support Fee of 1.1% of the offering price. In no event will your total compensation exceed 10% of the offering price. If the Offering terminates prior to reaching the maximum offering proceeds, you agree to immediately refund any amount of compensation in excess of 10% of the gross proceeds received by the Company.

Appears in 2 contracts

Samples: Sales Agent Agreement (MacKenzie Realty Capital, Inc.), Sales Agent Agreement (MacKenzie Realty Capital, Inc.)

AutoNDA by SimpleDocs

Marketing Expenses. In addition to the commissions payable to you above, the Company Fund will also pay a Marketing Support Fee of 1.1% of the offering price. In no event will your total compensation exceed 10% of the offering price. If the Offering terminates prior to reaching the maximum offering proceeds, you agree to immediately refund any amount of compensation in excess of 10% of the gross proceeds received by the CompanyFund.

Appears in 2 contracts

Samples: Sales Agent Agreement (MacKenzie Realty Capital, Inc.), Sales Agent Agreement (MacKenzie Realty Capital, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.