Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 170

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 170
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, debt, and/or equity derivative instruments to any investor actually introduced by the Representative
to the Company during the engagement period of the Representative, in connection with any public or private financing or capital raise
(each a “Tail Financing”), and such Tail Financing is consummated at any time during the engagement period of the Representative
or within the 12-month period following the expiration or termination (except for termination for cause) of the engagement period of the
Representative, provided that such Tail Financing is by a party actually introduced to the Company in an offering in which the Company
has direct knowledge of such party’s participation.

No fee shall be payable by the Company if the
Company terminates the engagement letter early, subject to the termination clause in the engagement letter, or terminates the engagement
letter for “cause” subject to FINRA Rule 5110(g).

Right of First Refusal

If the Representative raises an aggregate of $5,000,000
or more in this offering, the Company has agreed, provided that this offering is completed, that until 12 months after the closing of
the offering, D. Boral Capital LLC (“DBC”) shall have a right of first refusal to act as sole investment banker, sole book-runner,
and/or sole placement agent at its sole discretion, for each and every future public equity and debt offering, including all public equity
linked financings (each a “Subject Transaction”), during such 12-month period, of our Company, or any successor to or any
current or future subsidiary of our Company, on terms and conditions customary to the DBC for such Subject Transactions. DBC shall notify
the Company of its intention to exercise the right of first refusal for any given Subject Transaction within 15 business days following
notice in writing by the Company. If DBC declines to exercise the right of first refusal, the Company shall have the right to retain any
other person or persons to provide such services on terms and conditions which are not more favorable to such other person or persons
than the terms declined by DBC; provided that any such election to decline by DBC shall not adversely affect DBC’s right of first
refusal with respect to any other Subject Transaction during the 12-month period. The aforementioned right of first refusal shall not
apply to any financing pursuant to the Company’s existing equity line of credit with White Lion Capital, LLC and the Company’s
existing debt financing with JAK Opportunities VI LLC. No right of first refusal shall be granted by the Company if the Company