Amount of Compensation. The compensation of the Trustee shall be in accordance with the terms specified on Schedule A hereto or upon such other terms and conditions as may be agreed upon by the Trustee and the Beneficiaries holding Trust Units representing at least a majority of the aggregate Beneficial Interests. Schedule A shall apply only to the initial Trustee and, in the event a successor to the initial Trustee shall serve, such schedule shall be deleted from this Agreement and neither such deletion nor the substitution of a counterpart schedule applicable to the successor Trustee shall constitute an amendment of this Agreement.
Appears in 14 contracts
Samples: Liquidating Trust Agreement (PLM Equipment Growth & Income Fund Vii), Plan of Dissolution and Liquidation (PLM Equipment Growth Fund Iv), Liquidating Trust Agreement (PLM Equipment Growth Fund Vi)
