Common use of ALPS Compensation; Expenses Clause in Contracts

ALPS Compensation; Expenses. Fees paid to ALPS shall be calculated and accrued daily and payable monthly by the Fund at a rate equal to the greater of ten (10) basis points annually on total assets of the Fund or a minimum annual fee of $50,000, plus out-of-pocket expenses. Out-of-pocket expenses include, but are not limited to, third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, SAS 70 control review report, travel expenses to board meetings and on-sight reviews, FINRA advertising/filing fees (including additional ALPS’s fees for expedited reviews), registered representative licensing, sales reporting, customized programming/enhancements, printing and mailing fees, fulfillment costs, calls, webinars, roadshow expenses and other out-of-pocket expenses incurred by ALPS in connection with the performance of its duties under this Agreement. ALPS will not bear any of the costs of Trust personnel. Other Trust/Fund expenses incurred shall be borne by the Trust/Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Trust shall determine it advisable to qualify such Shares for sale (including registering the Fund’s investment adviser as a broker or dealer or any officer of the Trust as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency and custodial expenses; interest; Trust trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Trust/Fund existence; printing and delivery of materials in connection with meetings of the Trust’s trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the SEC.

ALPS Compensation; Expenses. Fees paid to (a) ALPS shall not be calculated and accrued daily and payable monthly by the Fund at a rate equal entitled to the greater of ten (10) basis points annually on total assets of the Fund or a minimum annual fee of $50,000, plus out-of-pocket expenses. Out-of-pocket expenses include, but are not limited to, third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, SAS 70 control review report, travel expenses to board meetings and on-sight reviews, FINRA advertising/filing fees (including additional ALPS’s fees compensation for expedited reviews), registered representative licensing, sales reporting, customized programming/enhancements, printing and mailing fees, fulfillment costs, calls, webinars, roadshow expenses and other out-of-pocket expenses incurred services provided by ALPS under this Agreement. ALPS may receive compensation or reimbursement of expenses from the Fund’s investment adviser related to its services hereunder or for additional services as may be agreed upon by ALPS and the Fund’s investment adviser, as provided by separate agreement between ALPS and the Fund’s investment adviser. (b) ALPS will bear all expenses in connection with the performance of its duties services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Trust Fund personnel. Other Trust/Fund expenses incurred shall be borne by the Trust/Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Trust Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund’s investment adviser Fund as a broker or dealer or any officer of the Trust Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency agency, and custodial expenses; interest; Trust Fund trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Trust/Fund existence; printing and delivery of materials in connection with meetings of the TrustFund’s trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials materials, repurchase offer notifications and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”). To the extent applicable, the Fund is responsible for all out-of-pocket expenses incurred by ALPS in connection with travel expenses to Board meetings.

ALPS Compensation; Expenses. Fees paid to ALPS shall be calculated and accrued daily and payable monthly by the Fund at a rate equal to the greater of ten (10) basis points annually on total assets of the Fund or a minimum annual fee of $50,000, plus out-of-pocket expenses. Out-of-pocket expenses include, but are not limited to, third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, SAS 70 control review report, travel expenses to board meetings and on-sight reviews, FINRA advertising/filing fees (including additional ALPS’s fees for expedited reviews), registered representative licensing, sales reporting, customized programming/enhancements, printing and mailing fees, fulfillment costs, calls, webinars, roadshow expenses and other out-of-pocket expenses incurred by ALPS in connection with the performance of its duties under this Agreement. ALPS will not bear any of the costs of Trust personnel. Other Trust/Fund expenses incurred shall be borne by the Trust/Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares shares for sale in the various states in which the officers of the Trust shall determine it advisable to qualify such Shares shares for sale (including registering the Fund’s investment adviser as a broker or dealer or any officer of the Trust as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency and custodial expenses; interest; Trust trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Trust/Fund existence; printing and delivery of materials in connection with meetings of the Trust’s trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the SEC.

ALPS Compensation; Expenses. Fees paid to (a) ALPS shall not be calculated and accrued daily and payable monthly entitled to compensation for services provided by ALPS under this Agreement. ALPS may receive compensation or reimbursement of expenses from Infusive Asset Management, LLC, the Fund at a rate equal investment adviser to the greater of ten Trust (10) basis points annually on total assets of the Fund or a minimum annual fee of $50,000, plus out-of-pocket expenses. Out-of-pocket expenses include, but are not limited to, third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, SAS 70 control review report, travel expenses to board meetings and on-sight reviews, FINRA advertising/filing fees (including additional ALPS’s fees for expedited reviews“Adviser”), registered representative licensing, sales reporting, customized programming/enhancements, printing and mailing fees, fulfillment costs, calls, webinars, roadshow expenses and other out-of-pocket expenses incurred related to its services hereunder or for additional services as may be agreed upon by ALPS and the Trust’s investment adviser. (b) ALPS will bear all expenses in connection with the performance of its duties services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Trust personnel. Other Trust/Fund Trust expenses incurred shall be borne by the Trust/Fund Trust or the Fund’s investment adviserAdviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Trust shall determine it advisable to qualify such Shares for sale (including registering the Fund’s investment adviser Trust as a broker or dealer or any officer of the Trust as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund Trust shares; administration, transfer agency agency, and custodial expenses; interest; Trust directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund Trust and investment advisory related legal expenses; costs of maintenance of Trust/Fund Trust existence; printing and delivery of materials in connection with meetings of the Trust’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the SEC.

ALPS Compensation; Expenses. Fees paid to (a) ALPS shall not be calculated and accrued daily and payable monthly by the Fund at a rate equal entitled to the greater of ten (10) basis points annually on total assets of the Fund or a minimum annual fee of $50,000, plus out-of-pocket expenses. Out-of-pocket expenses include, but are not limited to, third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, SAS 70 control review report, travel expenses to board meetings and on-sight reviews, FINRA advertising/filing fees (including additional ALPS’s fees compensation for expedited reviews), registered representative licensing, sales reporting, customized programming/enhancements, printing and mailing fees, fulfillment costs, calls, webinars, roadshow expenses and other out-of-pocket expenses incurred services provided by ALPS under this Agreement. ALPS may receive compensation or reimbursement of expenses from the Fund’s investment adviser related to its services hereunder or for additional services as may be agreed upon by ALPS and the Fund’s investment adviser. (b) ALPS will bear all expenses in connection with the performance of its duties services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Trust Fund personnel. Other Trust/Fund expenses incurred shall be borne by the Trust/Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Trust Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund’s investment adviser Fund as a broker or dealer or any officer of the Trust Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency agency, and custodial expenses; interest; Trust Fund trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Trust/Fund existence; printing and delivery of materials in connection with meetings of the TrustFund’s trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials materials, repurchase offer notifications and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

ALPS Compensation; Expenses. Fees paid to (a) ALPS shall not be calculated and accrued daily and payable monthly by the Fund at a rate equal entitled to the greater of ten (10) basis points annually on total assets of the Fund or a minimum annual fee of $50,000, plus out-of-pocket expenses. Out-of-pocket expenses include, but are not limited to, third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, SAS 70 control review report, travel expenses to board meetings and on-sight reviews, FINRA advertising/filing fees (including additional ALPS’s fees compensation for expedited reviews), registered representative licensing, sales reporting, customized programming/enhancements, printing and mailing fees, fulfillment costs, calls, webinars, roadshow expenses and other out-of-pocket expenses incurred services provided by ALPS under this Agreement. ALPS may receive compensation or reimbursement of expenses from the Fund’s investment adviser related to its services hereunder or for additional services as may be agreed upon by ALPS and the Fund’s investment adviser. (b) ALPS will bear all expenses in connection with the performance of its duties services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Trust Fund personnel. Other Trust/Fund expenses incurred shall be borne by the Trust/Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Trust Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund’s investment adviser Fund as a broker or dealer or any officer of the Trust Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund sharesShares; administration, transfer agency agency, and custodial expenses; interest; Trust trusteesFund directors’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Trust/Fund existence; printing and delivery of materials in connection with meetings of the TrustFund’s trusteesdirectors; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials materials, repurchase offer notifications and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”). To the extent applicable, the Fund is responsible for all reasonable out-of-pocket expenses incurred by ALPS in connection with travel expenses to meetings of the Fund’s board of directors (the “Board”).