Common use of Advisor’s Compensation Clause in Contracts

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.

Appears in 2 contracts

Samples: Investment Advisor Agreement (American Bar Association Members State Street Collective Tr), Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)

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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, eleemosynary client that is a non-affiliated client affiliate of the Advisor and 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)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.

Appears in 2 contracts

Samples: Investment Advisor Agreement (American Bar Association Members State Street Collective Tr), Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)

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 eleemosynary 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)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.

Appears in 2 contracts

Samples: Investment Advisor Agreement (American Bar Association Members State Street Collective Tr), Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)

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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 eleemosynary 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.

Appears in 1 contract

Samples: Investment Advisor Agreement (American Bar Association Members State Street Collective Tr)

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