Advisor’s Compensation Clause Samples
The Advisor’s Compensation clause defines how and when an advisor will be paid for their services. It typically outlines the form of compensation, such as cash payments, equity, or a combination, and specifies the payment schedule or milestones that trigger payment. This clause ensures both parties have a clear understanding of the advisor’s remuneration, reducing the risk of disputes and aligning expectations regarding the advisor’s role and rewards.
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 client whose portfolio is advised or managed in a similar manner as that of the Subaccount, 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. 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. 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.
2. Advisor's quarterly advisory fee shall be deducted from the Account or billed directly to Client as agreed.
3. [Advisor may receive indirect compensation for the services it provides under this Agreement as outlined in Exhibit B.] OR [Advisor shall receive no indirect compensation for the services it provides under this Agreement.]
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 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 unaffiliated 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 D, it will offer 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.
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 that is a non affiliate of the Advisor and whose portfolio is advised or managed under the same 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 which will be effective as of the date of the offer.
Advisor’s Compensation. Advisor will receive the following compensation from the Company during the Term (collectively, the “Advisory Compensation”):