Company: GVH
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004806
Chunk: 106

Company: Globavend Holdings Ltd
Filing Date: 2025-04-15
Form: DRS
Chunk 106
---
 all matters for which investment banking services are
sought by the Company (such right, the “Right of First Refusal”), which right is exercisable in the Representative’s
sole discretion. For these purposes, investment banking services shall include, without limitation, ((a) acting
as lead or joint-lead manager for any underwritten public offering; (b) acting as lead or joint book-runner and/or lead or joint placement
agent, initial purchaser in connection with any private offering of securities of the Company; and (c) acting as financial advisor in
connection with any sale or other transfer by the Company, directly or indirectly, of a majority or controlling portion of its capital
stock or assets to another entity, any purchase or other transfer by another entity, directly or indirectly, of a majority or controlling
portion of the capital stock or assets of the Company, and any merger or consolidation of the Company with another entity. In accordance
with FINRA Rule 5110(g)(6)(A), such right of first refusal shall not have a duration of more than three years from the commencement of
sales of this Offering or the termination date of the engagement between us and the Representative. Additionally, pursuant to FINRA
Rule 5110(g)(5)(B)(i), the Right of First Refusal may be terminated by the Company for cause.

Tail Financing

The
Company and the Representative agreed, unless the engagement between the Company and the Representative has been terminated by the Company
for cause, for a period of twelve (12) months from the closing of this offering, and subject to the occurrence of such closing, if the
Company completes any financing of equity, equity-linked or debt or other capital raising activity of the Company (other than the exercise
by any person or entity of any options, warrants or other convertible securities) with any of the investors who were first introduced
to the Company by the Representative during the period from March 28, 2025 through the closing of this offering, then the Company will
pay the Representative upon the closing of such financing an aggregate cash fee equal to eight percent (8.0%) of the aggregate gross
proceeds of such financing.

| 59 |

Indemnification

We
have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act and liabilities
arising from breaches of representations and warranties contained in the underwriting agreement, or to contribute to payments that the
underwriters may be required to make in respect of those