Compensation for Servicing. The Investment Company, on behalf of each Fund, agrees to pay FTIS for its services an annual base service fee and certain transaction charges, to be calculated daily and paid monthly, as follows: (i) a base service fee, based on the value of the Fund's average daily net assets at the annual rate of 0.02% and (ii) a charge of $1.50 for each transaction recorded on the shareholder accounting system, including, but not limited to, the transactions set forth in Schedule A hereto. FTIS will xxxx the Investment Company as soon as practicable after the end of each calendar month for such compensation. The Investment Company will promptly pay to FTIS the amount of such billing.
Appears in 4 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Franklin Fund Allocator Series), Transfer Agent and Shareholder Services Agreement (Franklin Strategic Series), Transfer Agent and Shareholder Services Agreement (Franklin Fund Allocator Series)
Compensation for Servicing. The Investment Company, on behalf of each Fund, agrees to pay FTIS for its services an annual base service fee and certain transaction charges, to be calculated daily and paid monthly, as follows: (i) a base service fee, based on the value of the Fund's ’s average daily net assets at the annual rate of 0.02% and (ii) a charge of $1.50 for each transaction recorded on the shareholder accounting system, including, but not limited to, the transactions set forth in Schedule A hereto. FTIS will xxxx the Investment Company as soon as practicable after the end of each calendar month for such compensation. The Investment Company will promptly pay to FTIS the amount of such billing.
Appears in 1 contract
Samples: Transfer Agent and Shareholder Services Agreement (Templeton Global Investment Trust)
