Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 such fee to be paid monthly in advance on the first day of each calendar month.
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Samples: Distribution Agreement (SPDR Dow Jones Industrial Average Etf Trust), Distribution Agreement (SPDR S&p Midcap 400 Etf Trust), Distribution Agreement (SPDR Dow Jones Industrial Average Etf Trust)
Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 35,000; 1/12 of such fee to shall be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
Appears in 2 contracts
Samples: Distribution Agreement (Powershares QQQ Trust, Series 1), Distribution Agreement (Nasdaq 100 Trust Series 1)
Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 25,000 such fee to be paid monthly in advance on the first day of each calendar month.
Appears in 2 contracts
Samples: Distribution Agreement (SPDR S&p 500 Etf Trust), Distribution Agreement (SPDR S&p 500 Etf Trust)
Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 525,000 such fee to be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
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Compensation of the Distributor. The Sponsor shall pay to the Distributor, Distributor for its services described in this Agreement, an annual distribution fee of $35,000 20,000 flat fee per fund per year, $5,000 of which will be waived per fund in the first year, such fee to be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
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Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 25,000 such fee to be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
Appears in 1 contract
Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 20,000 flat fee per fund per year, $5,000 of which will be waived per fund in the first year, such fee to be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
Appears in 1 contract
Compensation of the Distributor. The Sponsor shall pay to the -------------------------------- Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 25,000 such fee to be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
Appears in 1 contract
Compensation of the Distributor. The Sponsor shall pay to the Distributor, for its services described in this Agreement, an annual distribution fee of $35,000 such fee to be paid monthly in advance on the first day of each calendar monthmonth with the first payment to be delivered upon the effectiveness of this Agreement in a prorated amount.
Appears in 1 contract
Samples: Distribution Agreement (Midcap SPDR Trust Series 1)