The aforementioned services imply
considerable work and expenses, particularly at the beginning of the
project when we are collecting and analysing data, valuing the Target,
writing the Sales Memorandum, undertaking comprehensive searches,
and maintaining continuous contact with those companies that have
indicated a potential interest in acquiring the Target.
To
partially cover these professional services and expenses, we invoice a
monthly retainer. Even though a project of this type
lasts between six and twelve months, we limit these retainers to a maximum
period of six months.
Expenses:
All general office expenses are borne by REDIRECTION. However, if any
travel is necessary, the client would be invoiced for travel expenses at
cost. However, no trips would ever taken unless
absolutely necessary, and never
without the client’s prior approval.
Success Fee:
REDIRECTION’s standard Success
Fee would obviously only be invoiced upon the
successful divestment of the Target,
based on the Total Transaction Value, according to the following
Lehman's scale::