Common use of Compensation of Trustee and Delaware Trustee Clause in Contracts

Compensation of Trustee and Delaware Trustee. The Entity serving as the Trustee hereunder shall receive an annual fee of $175,000 as compensation for its services as the Trustee hereunder; provided, however such annual fee shall increase 2.5% annually starting on January 1, 2017. The Entity serving as the Delaware Trustee hereunder shall receive an annual fee of $3,500 as compensation for its services as the Delaware Trustee hereunder. Entities serving as the Trustee or the Delaware Trustee hereunder shall be reimbursed for all actual expenditures made in connection with administration of the Trust, including those made on account of any unusual duties in connection with matters pertaining to the Trust and the reasonable compensation and expenses of their counsel, accountants or other skilled persons and of all other persons not regularly in their employ. Any unusual or extraordinary services rendered by the Entity serving as Trustee or by the Entity serving as Delaware Trustee in connection with the administration of the Trust shall be treated as trustee administrative services for purpose of computing the respective administrative fee to be paid to each Entity serving as trustee hereunder.

Compensation of Trustee and Delaware Trustee. The Entity serving as the Trustee hereunder shall receive an annual fee of $175,000 150,000 as compensation for its services as the Trustee hereunder; provided, however such annual fee shall increase 2.5% annually starting on January 1, 2017. The Entity serving as the Delaware Trustee hereunder shall receive an annual fee of $3,500 2,500 as compensation for its services as the Delaware Trustee hereunder. hereunder as set forth in the Fee Agreement attached hereto as Schedule A. Entities serving as the Trustee or the Delaware Trustee hereunder shall be reimbursed for all actual expenditures made in connection with administration of the Trust, including those made on account of any unusual duties in connection with matters pertaining to the Trust and the reasonable compensation and expenses of their counsel, accountants or other skilled persons and of all other persons not regularly in their employ. Any unusual or extraordinary services rendered by the Entity serving as Trustee or by the Entity serving as Delaware Trustee in connection with the administration of the Trust shall be treated as trustee administrative services for purpose of computing the respective administrative fee to be paid to each Entity serving as trustee hereunder.