Base Fee Adjustment. The Base Fee may be renegotiated annually at the request of either Party. In the event that the Parties cannot agree then the Base Fee shall be increased by the greater of 5% or the amount of the cost of living index increase as published by the Canadian Federal government in its final annual publication of such reports..
Appears in 3 contracts
Samples: Management Agreement (Capital Hill Gold Inc), Management Agreement (Azco Mining Inc), Management Agreement (Azco Mining Inc)
Base Fee Adjustment. The Base Fee may be renegotiated annually at the request of either Party. In the event that the Parties cannot agree then the Base Fee shall be increased by the greater of 5% or the amount of the cost of living index increase as published by the Canadian U.S. Federal government in its final annual publication of such reports...
Appears in 1 contract