Common use of Compensation and Fees Clause in Contracts

Compensation and Fees. The Managers, other than the Independent Manager, shall not receive any compensation or fees from the Company. The compensation for the performance of CenterPoint Houston, as Administrator under the Administration Agreement, shall include the compensation of Persons serving as Managers, other than the Independent Manager. The fees of the Independent Manager shall be paid by the Company and shall be fixed by the Managers consistent with the provisions of the Financing Order.

Compensation and Fees. The Managers, other than the Independent ManagerManagers, shall not receive any compensation or fees from the Company. The compensation for the performance of CenterPoint Houston, as Administrator under the Administration Agreement, shall include the compensation of Persons serving as Managers, other than the Independent ManagerManagers. The fees of the Independent Manager Managers shall be paid by the Company and shall be fixed by the Managers consistent with the provisions of the any applicable Financing Order.

Compensation and Fees. The Managers, other than the Independent ManagerManager(s), shall not receive any compensation or fees from the Company. The compensation for the performance of CenterPoint Houston, as Administrator under the Administration Agreement, shall include the compensation of Persons serving as Managers, other than the Independent ManagerManager(s). The fees of the Independent Manager Manager(s) shall be paid by the Company and shall be fixed by the Managers consistent with the provisions of the Financing Order.