Advisor’s Compensation. The amount and manner of payment of fees payable by the Trustee to the Advisor for the Advisor’s services under this Agreement are set forth in Appendix E. The Advisor agrees that if it enters into a fee schedule with any new non-eleemosynary client whose portfolio is advised or managed under the same investment policies and objectives as the Subaccount, and is similarly or smaller sized, for services which are similar to the services provided under this Agreement and such fee schedule contains fees that are less than the fees set forth in Appendix E, it will offer the same fee schedule to the Trustee, which shall have the right to require the amendment to Appendix E to reflect that lower fee schedule.
Advisor’s Compensation. Each Fund shall pay to the Advisor, as compensation for the Advisor’s services hereunder, a fee, determined as described in Schedule A that is attached hereto and made a part hereof. Such fee shall be computed daily and paid not less than monthly in arrears by each Fund. The method for determining net assets of a Fund for purposes hereof shall be the same as the method for determining net assets for purposes of establishing the offering and redemption prices of Fund shares as described in the Fund’s Registration Statement. In the event of termination of this Agreement, the fee provided in this Section shall be computed on the basis of the period ending on the last business day on which this Agreement is in effect subject to a pro rata adjustment based on the number of days elapsed in the current month as a percentage of the total number of days in such month.
Advisor’s Compensation. The amount and manner of payment of fees payable by the Trustee to the Advisor for the Advisor’s services under this Agreement are set forth in Appendix D. The Advisor agrees that if it enters into a fee schedule with any new non-eleemosynary, non-affiliated client whose portfolio with the Advisor is advised or managed in a similar manner as that of the Subaccount (i.e., using the Advisor’s Mid Cap Value strategy), under similar investment policies, objectives and restrictions as the Subaccount, and is similarly or smaller sized, for services which are substantially similar to the services provided under this Agreement and such fee schedule contains fees that are less than the fees set forth in Appendix D, it will promptly offer in writing to the Trustee the same fee schedule to the Trustee, which shall have the right to require the amendment to Appendix D to reflect that lower fee schedule which will be effective as of the date of the offer.
Advisor’s Compensation. The amount and manner of payment of fees payable by the Trustee to the Advisor for the Advisor’s services under this Agreement are set forth in Appendix E.
Advisor’s Compensation. 1. Advisor will receive compensation based on market value of Account as of the last business day of the billing quarter at an annual rate of %. Fees will be paid quarterly in arrears. Fee schedule can be changed only by written request with minimum advance notice of sixty (60) business days. Advisor's Fee Schedule is attached as Exhibit B.
Advisor’s Compensation. The amount and manner of payment of fees payable by the Trustee to the Advisor for the Advisor’s services under this Agreement are set forth in Appendix E. The Advisor agrees that if it enters into a fee schedule with any new non-eleemosynary non-affiliated client whose portfolio is advised or managed in a similar manner as that of the Subaccount (i.e., using the Advisor’s International Large Cap Value strategy)under similar investment policies, objectives and restrictions as the Subaccount, and is similarly or smaller sized, for services which are substantially similar to the services provided under this Agreement and such fee schedule contains fees that are less than the fees set forth in Appendix E, it will offer the same fee schedule to the Trustee, which shall have the right to require the amendment to Appendix E to reflect that lower fee schedule.
Advisor’s Compensation. The amount and manner of payment of fees payable by the Trustee to the Advisor for the Advisor’s services under this Agreement are set forth in Appendix E. The Advisor agrees that if it enters into a fee schedule with any new unaffiliated, United States non-eleemosynary client after the date of this Agreement whose portfolio is advised or managed in a substantially similar manner as that of the Subaccount under substantially similar investment policies, objectives and restrictions as the Subaccount, and is similarly or smaller sized relative to the Fund at its inception, for services which are substantially similar to the services provided under this Agreement and such fee schedule contains fees that are less than the fees set forth in Appendix E, it will promptly offer in writing to the Trustee the same fee schedule to the Trustee, which shall have the right to require the amendment to Appendix E to reflect that lower fee schedule which will be effective as of the date of the offer. In the event that this Agreement is terminated pursuant to Section 11 hereof, the compensation set forth in Appendix D shall be payable to the Advisor through the date of termination.
Advisor’s Compensation. The Company agrees to pay the Advisor and the Advisor accepts compensation for services provided here by the Advisor, a base management fee (Basic Management Fee) and, as set out there after that, an incentive fee (Incentive Fee). The Advisor may agree to waive the Basic Management Fee and/or Incentive Fee in whole or in part temporarily or permanently. (a) The Base Management Fee will be calculated at an annual rate of 2.00%. The Basic Management Fee will be paid in quarterly debt and will be calculated according to the average value of the company's gross assets in the two most recently completed calendar quarters, and the pro rata adjusted for share issuance, lending, buybacks or redecies in the current calendar quarter. Base Management Fees are pro rates for any partial month or quarter. (b) The Incentive Fee consists of two parts: (i) Some of it will be calculated quarterly and paid quarterly based on pre-incentive investment income for the previous calendar quarter. For this purpose, the pre-Incentive Fee means net investment income, interest income, dividend income and other income obtained by the Institution in the calendar quarter, excluding the Institution's operating expenses for the quarter (including the Base Management Fee and any interest expense and dividend paid on any deducted and outstanding preferred stock, but excluding incentive fee). Pre-Incentive Fee net investment income includes consulting or other fees the Company receives from portfolio companies, but not net realized capital gains. Pre-Incentive Fee net investment income, value expressed as return rate The institution's net assets at the end of the calendar quarter immediately before will be compared to a quarter of the current annual hurdle rate. The Advisor will be qualify for 20% of the institution's net investment income (if any) before the incentive for the quarter, over a quarter of the relevant annual hurdle rate. The annual hurdle rate will initially be 8.27%. For each calendar year beginning on or after January 1, 2005, the annual hurdle rate will be set at up to 10%, with an interest rate of 5% added on the most recent five-year U.S. Treasury Notes, from just before December 31st. Calculations will be rated as pro appropriate for less than three months and are adjusted for share issuance, redeciation or buybacks in the current quarter. 3 (ii) the second part of the Incentive Fee (Capital Gains Fee) will be determined at the end of each calendar year (or upon terminati...
Advisor’s Compensation. OSI will pay Advisor, as Advisor's sole ---------------------- compensation hereunder, the sum of Fifty Thousand Dollars ($50,000) for services performed under this Agreement, payable on April 1, 1999. OSI will reimburse Advisor for any reasonable out of pocket expenses incurred by Advisor, but only if OSI has approved such expenses in writing in advance.
Advisor’s Compensation under Section 1.2 is limited to Services Advisor has actually performed upon termination.
