Changes in Equipment, Systems, Etc. Fund Services reserves the right to make changes from time to time, as it deems advisable, relating to its systems, programs, rules, operating schedules and equipment, so long as such changes do not adversely affect the services provided to a Fund under this Agreement. Xxxxxxxx Marketfield L/S Fund Xxxxxxxx CenterSquare Real Estate Fund Xxxxxxxx Xxxx Sustainable Focused Fund $_____ per project – one fund $_____ per project – two funds $_____ per project – three funds Negotiated Fee – four funds and above (Includes MST external counsel fee, subject to services provided; if applicable) • Additional fee of $_____ per sub-adviser • Additional fee of $_____ per drafting multi-manager exemptive application (does not include outside legal costs) • MST may require up to $_____ in escrow • Subsequent new fund launch – $_____ per fund or as negotiated • Subsequent new share class launch – $_____ per project • Multi-managed funds – as negotiated based upon specific requirements • Proxy – as negotiated based upon specific requirements All other miscellaneous fees and expenses, including but not limited to the following, will be separately billed as incurred: Postage, Federal and state filing fees, expenses from Board of Trustee meetings, third party auditing and legal expenses, XXXXX/iXBRL filing. The Fund start-up and registration services project fee is paid for by the adviser and not the Fund(s). This non-refundable fee is not able to be recouped by the adviser under an expense waiver limitation or similar agreement. Fund startup and registration service fees are billed 50% following the selection of U.S. Bank and 50% 75 days after the preliminary registration statement is filed with the SEC. Extraordinary services – negotiated based upon specific requirements • Multi-managed funds, proxy, expedited filings, asset conversion, fulcrum fee, other exemptive applications. Annual Fee Based Upon Average Net Assets per Fund*+ _____ basis points on the first $_____ _____ basis points on the next $_____ _____ basis points on the next $_____ _____ basis points on the balance Minimum Annual Fee: $_____ per fund+ • Additional fee of $_____ for each additional class, Controlled Foreign Corporation (CFC), and/or sub-advisor • Additional fee of $_____ for each intraday NAV calculations in excess of one strike per day • Advisor Information Source – On-line access to portfolio management and compliance information. • Daily Performance Reporting – Daily pre and post-tax fund and/or sub-advisor performance reporting. • U.S. Bank Regulatory Administration (e.g., annual registration statement update) • Core Tax Services – See Additional Services Fee Schedule All schedules subject to change depending upon use of unique security types requiring special pricing or accounting arrangements.
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Changes in Equipment, Systems, Etc. Fund Services reserves the right to make changes from time to time, as it deems advisable, relating to its systems, programs, rules, operating schedules and equipment, so long as such changes do not adversely affect the services provided to a Fund under this Agreement. Xxxxxxxx Marketfield L/S Fund Xxxxxxxx CenterSquare Real Estate Fund Xxxxxxxx Xxxx Sustainable Focused Fund $_____ per project – one fund $_____ per project – two funds $_____ per project – three funds Negotiated Fee – four funds and above (Includes MST external counsel fee, subject to services provided; if applicable) • Additional fee of $_____ per sub-adviser • Additional fee of $_____ per drafting multi-manager exemptive application (does not include outside legal costs) • MST may require up to $_____ in escrow • Subsequent new fund launch – $_____ per fund or as negotiated • Subsequent new share class launch – $_____ per project • Multi-managed funds – as negotiated based upon specific requirements • Proxy – as negotiated based upon specific requirements All other miscellaneous fees and expenses, including but not limited to the following, will be separately billed as incurred: Postage, Federal and state filing fees, expenses from Board of Trustee meetings, third party auditing and legal expenses, XXXXX/iXBRL filing. The Fund start-up and registration services project fee is paid for by the adviser and not the Fund(s). This non-refundable fee is not able to be recouped by the adviser under an expense waiver limitation or similar agreement. Fund startup and registration service fees are billed 50% following the selection of U.S. Bank and 50% 75 days after the preliminary registration statement is filed with the SEC. Extraordinary services – negotiated based upon specific requirements • Multi-managed funds, proxy, expedited filings, asset conversion, fulcrum fee, other exemptive applications. Annual Fee Based Upon Average Net Assets per Fund*+ _____ basis points on the first $_____ _____ basis points on the next $_____ _____ basis points on the next $_____ _____ basis points on the balance Minimum Annual Fee: $_____ per fund+ • Additional fee of $_____ for each additional class, Controlled Foreign Corporation (CFC), and/or sub-advisor • Additional fee of $_____ for each intraday NAV calculations in excess of one strike per day • Advisor Information Source – On-line access to portfolio management and compliance information. • Daily Performance Reporting – Daily pre and post-tax fund and/or sub-advisor performance reporting. • U.S. Bank Regulatory Administration (e.g., annual registration statement update) • Core Tax Services – See Additional Services Fee Schedule All schedules subject to change depending upon use of unique security types requiring special pricing or accounting arrangements.
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