Custodial Fees. The Participant shall be charged by the Custodian for its services under this Custodial Agreement in such amount, as the Custodian shall establish from time to time. In addition, upon termination (including transfer) of the Custodial Account the Participant shall be charged a fee in such amount, as the Custodian shall establish from time to time. The Custodian may deduct from and charge against the Custodial Account all reasonable fees and expenses, when incurred, in the management of the Custodial Account which have not been timely paid by the Participant. The Custodian may allocate such fees and expenses among the Participant’s SIMPLE IRA Custodial Accounts at such time or times and in such manner as the Custodian determines. Brokerage fees shall be payable in accordance with the Custodian’s usual practice. If not paid by the Participant, the Sponsor to pay the fee may liquidate sufficient assets from the Custodial Account but the Participant shall be liable for any deficiency. The annual fee in effect on the date of this Custodial Agreement is set forth in a schedule included with this Custodial Agreement. A different fee schedule may be substituted at any time upon written notice to the Participant. A Participant who does not consent to such new fee schedule should terminate this Custodial Agreement pursuant to Paragraph 6 of Article VIII within 30 days of the notice of the new fee schedule. If no such termination is made within 30 days of the notice of the new fee schedule, the Participant will be deemed to have consented to the new fee schedule.
Appears in 2 contracts
Samples: Custodial Agreement, Adoption Agreement
Custodial Fees. The Participant Depositor shall be charged by the Custodian for its services under this Custodial Agreement hereunder in such amount, as the Custodian shall establish from time to time. In addition, upon termination (including transfer) of the Custodial Account the Participant Depositor shall be charged a fee in such amount, as the Custodian shall establish from time to time. The Custodian may deduct from and charge against the Custodial Account all reasonable fees and expenses, when incurred, in the management of the Custodial Account which have not been timely paid by the ParticipantDepositor. The Custodian may allocate such fees and expenses among the ParticipantDepositor’s SIMPLE IRA Custodial Accounts at such time or times and in such manner as the Custodian determines. Brokerage fees shall be payable in accordance with the Custodian’s usual practice. If not paid by the ParticipantDepositor, the Sponsor to pay the fee may liquidate sufficient assets from the Custodial Account but the Participant Depositor shall be liable for any deficiency. The annual fee in effect on the date of this Custodial Agreement is set forth in a the schedule included with this Custodial Agreement. A different fee schedule may be substituted at any time upon written notice to the ParticipantDepositor. A Participant Depositor who does not consent to such new fee schedule should terminate this Custodial Agreement pursuant to Paragraph 6 5 of Article VIII IX within 30 days of the notice of the new fee schedule. If no such termination is made within 30 days of the notice of the new fee schedule30-day period, the Participant Depositor will be deemed to have consented to the new fee schedule.
Appears in 2 contracts
Samples: Custodial Agreement, atlwealth.com
Custodial Fees. The Participant Depositor shall be charged by the Custodian for its services under this Custodial Agreement hereunder in such amount, as the Custodian shall establish from time to time. In addition, upon termination (including transfer) of the Custodial Account the Participant Depositor shall be charged a fee in such amount, as the Custodian shall establish from time to time. The Custodian may deduct from and charge against the Custodial Account all reasonable fees and expenses, when incurred, in the management of the Custodial Account which have not been timely paid by the ParticipantDepositor. The Custodian may allocate such fees and expenses among the ParticipantDepositor’s SIMPLE IRA Custodial Accounts at such time or times and in such manner as the Custodian determines. Brokerage fees shall be payable in accordance with the Custodian’s usual practice. If not paid by the ParticipantDepositor, the Sponsor to pay the fee may liquidate sufficient assets from the Custodial Account but the Participant Depositor shall be liable for any deficiency. The annual fee in effect on the date of this Custodial Agreement is set forth in a the schedule included with this Custodial Agreement. A different fee schedule may be substituted at any time upon written notice to the ParticipantDepositor. A Participant Depositor who does not consent to such new fee schedule should terminate this Custodial Agreement pursuant to Paragraph 6 5 of Article VIII within 30 days of the notice of the new fee schedule. If no such termination is made within 30 days of the notice of the new fee schedule30-day period, the Participant Depositor will be deemed to have consented to the new fee schedule.
Appears in 1 contract
Samples: Custodial Agreement
Custodial Fees. The Participant Depositor shall be charged by the Custodian for its services under this Custodial Agreement hereunder in such amount, as the Custodian shall establish from time to time. In addition, upon termination (including transfer) of the Custodial Account the Participant Depositor shall be charged a fee in such amount, as the Custodian shall establish from time to time. The Custodian may deduct from and charge against the Custodial Account all reasonable fees and expenses, when incurred, in the management of the Custodial Account which have not been timely paid by the ParticipantDepositor. The Custodian may allocate such fees and expenses among the ParticipantDepositor’s SIMPLE IRA Custodial Accounts at such time or times and in such manner as the Custodian determines. Brokerage fees shall be payable in accordance with the Custodian’s usual practice. If not paid by the ParticipantDepositor, the Sponsor to pay the fee may liquidate sufficient assets from the Custodial Account but the Participant Depositor shall be liable for any deficiency. The annual fee in effect on the date of this Custodial Agreement is set forth in a the schedule included with this Custodial Agreement. A different fee schedule may be substituted at any time upon written notice to the ParticipantDepositor. A Participant Depositor who does not consent to such new fee schedule should terminate this Custodial Agreement pursuant to Paragraph 6 5 of Article VIII within 30 days of the notice of the new fee schedule. If no such termination is made within 30 days of the notice of the new fee schedule30- day period, the Participant Depositor will be deemed to have consented to the new fee schedule.
Appears in 1 contract
Samples: www.atlwealth.com