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Biotech / Medical : ADVR and ONLY ADVR -- Ignore unavailable to you. Want to Upgrade?


To: DAN LITTLE who wrote (14)9/22/2000 9:11:42 PM
From: KAKALAK  Read Replies (1) | Respond to of 278
 
I'm sure Harbor View's incisors are already dripping.

7. Finder's Fee. The Company agrees to Pay the Consultant a Finder's
Fee (as hereinafter defined) for any funds aggregating at least $2M raised by
the company from any sources introduced by the Consultant through the public or
private sale of equity or debt securities with equity features, whether or not
such financing is completed during the term of this Agreement or for a period of
one year subsequent to the date that this Agreement has otherwise terminated.
For purposes of this Section 7. Finder's Fee shall mean an option to purchase
200,000 shares of Common Stock of the Company at the then current market price
per share. The options shall be exercisable in three equal annual installments,
commencing on the first anniversary of the closing of such public or private
sale of equity or debt securities with equity features.



To: DAN LITTLE who wrote (14)9/23/2000 12:35:40 AM
From: Bernie Bildman  Read Replies (1) | Respond to of 278
 
Well, I defer to your more experienced eye. I just thought that if ADVR were to announce the FILING, and then it didn't come to fruition within the requisite 30 days, the political fallout - with ADVR's past history with the FDA - would be a REAL negative to potential and current investors.

I'm ready any way they want to do it.