Item 1.01 Entry into a Material Definitive Agreement.
On
Within two business days of the execution of the Agreement, the Company shall
pay JSC an initial advisory fee equal to
The Agreement shall continue in effect for a period of three (3) months from the Commencement Date and may be terminated upon thirty (30) days of written notice by either party after the three (3) months. Should the Company effectuate a transaction (as defined in the Agreement) with any of the Target(s) identified by Advisor in the eighteen (18)-month period after termination of Agreement, Advisor will be due the Commission Fee. JSC also has a right of first refusal with respect to any financings that the Company decides to commence during the 18-month period following the consummation of a Transaction (as defined in the Agreement").
The foregoing summary of the Agreement is subject to and qualified in its entirety by the Agreement which is filed as an exhibit to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number Description 10.1 Advisory and Finder Agreement betweenWave Sync Corp. and Joseph StoneCapital, LLC 1
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