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Backers is looking for Backers

Success Based Fees

For providing the services in connection with this Agreement, the Issuer will pay Backers and the Dealer the following:

Success Based Fees: If, during the period Backers is retained by the Issuer and an IBO is consummated or the Issuer enters into an agreement by which an IBO subsequently results, a fee (the “Success Based Fee”) equal to 7.99% of cash raised pursuant to the IBO and Backers Compensation Equity equal to 7.99% of the number of securities issued pursuant to the IBO shall be payable upon closing of the IBO.

Other Fees: Securities Reporting Fee (Varies Depending on Jurisdiction)…