Earnings Credits. The Fund shall receive a credit for each calendar month against such compensation and fees of the Custodian as may be payable by the Fund in an amount equal to the aggregate of its Earnings Credit for such calendar month. In no event may such credit be transferred to, or utilized by, any other person or entity, except to the extent permitted by law, and then only to or by The Dreyfus Corporation, its affiliates and/or any investment company now or in the future for which The Dreyfus Corporation or any of its affiliates acts as the investment adviser or administrator (each, a “Permitted Transferee”). The credit shall be applied as follows and only in the specified order:
(i) First, applied against the compensation and fees, including overdraft charges but not including out-of-pocket expenses, payable by the Fund to the Custodian under this Agreement for such month;
(ii) Second, applied against the compensation and fees, including overdraft charges but not including out-of-pocket expenses payable by the Fund to the Custodian under this Agreement for any of the months next succeeding the calendar month to which such credit originally related ending with the last month of the calendar year, unless the application period is extended beyond calendar year-end by written agreement of the parties.
(iii) Transferred to or utilized by a Permitted Transferee and applied as set forth in sub-sections (i) and (ii) above as if such Permitted Transferee were the Fund.
Earnings Credits. 14 9.1 Amendment.................................................................................................................. 15 9.2 Termination................................................................................................................. 15
Earnings Credits. On a monthly basis any earnings credits generated from uninvested custody balances will be applied against any cash management service fees generated.
Earnings Credits. On a monthly basis any earnings credits generated from uninvested custody balances will be applied against any cash management service fees generated Services D.D.A. Account Maintenance 17.00 Deposits .42 Deposited Items .119 Checks Paid .16 Balance Reporting - P.C. Access 50.00 Prior Day Module 10.00 Per Account
Earnings Credits. Positive earnings credits will be applied on all collected custody and cash management balances of each Fund at the Custodian to earn the Custodian's daily repurchase agreement rate less reserve requirements and FDIC premiums. Negative earnings credits will be charged on all uncollected custody and cash management balances of each Fund at the Custodian's prime rate less 150 basis points on each day a negative balance occurs. Positive and/or negative earnings credits will be monitored daily for each Fund and the net positive or negative amount for each Fund will be included in the monthly statements. Excess positive credits for each Fund will be carried forward indefinitely.
Earnings Credits. On a monthly basis any earnings credits generated from uninvested custody balances will
Earnings Credits. On a monthly basis any earnings credits generated from uninvested custody balances will be applied against any cash management service fees generated. * It is agreed that for the first 12 months of operation commencing on the day the seed money is deposited that we will reduce our monthly minimum fee from $300 to $250 per month for the Large and small cap fund. Revised January 7, 2003 D.D.A. Account Maintenance 17.00 Deposits .42 Deposited Items .119 Checks Paid .16 Balance Reporting - P.C. Access 50.00 Prior Day Module ACH Transaction .105 ACH Monthly Maintenanc 60.00 ACH Additions, Deletions, Changes 6.00 ACH Stop Payment 5.00 ACH Debits – Received .12 ACH Credits Received .08 Deposited Items Returned 6.00 International Items Returned 10.00 NSF Returned Checks 27.50 Stop Payments 27.50 Data Transmission per account 130.00 Drafts Cleared .18 Lockbox Maintenance 85.00 Lockbox items Processed .38 Miscellaneous Lockbox items .12 Account Reconciliation 60.00 Per Item .06 Positive Pay 75.00 Per Item .015 Invoicing for Service Charge 15.00 Wires Incoming Domestic 11.00 International 11.00 Wires Outgoing Domestic Repetitive 14.00 Non-Repetitive 13.00 International Repetitive 35.00 Non-Repetitive 40.00 PC - Initiated Wires: Domestic Repetitive 10.00 Non-Repetitive 11.00 Customer Initiated 9.00 International Repetitive 25.00 Non-Repetitive 25.00
Earnings Credits. Maytag will establish a procedure by which a Participant (or Beneficiary following the death of a Participant) may elect to have his/her Earnings Credits determined based on the performance of one or more investment options deemed to be available under the Plan. The Investment Committee of Maytag, in its sole discretion, will determine the investment options that will be available as benchmarks for determining the Earnings Credit, which may include mutual funds, common or commingled investment funds or any other investment option deemed appropriate by Maytag, and will include a fund that invests in common stock of Whirlpool Corporation. The Investment Committee of Maytag may at any time and from time to time add to or remove from the investment options deemed to be available under the Plan. A Participant (or Beneficiary following the death of the Participant) will be allowed on a hypothetical basis to direct the investment of his/her Account among the investment options available under the Plan. Hypothetical investment directions may be given with such frequency as is deemed appropriate by Maytag, and must be made in such percentage or dollar increments, in such manner and in accordance with such rules as may be prescribed for this purpose by Maytag (including by means of a voice response or other electronic system under circumstances so authorized by Maytag). If an investment option has a loss, the Earnings Credit attributable to such investment option will serve to reduce the Account; similarly, if an investment option has a gain, the Earnings Credit attributable to such investment option will serve to increase the Account. Any hypothetical investments in common stock of Maytag under the Plan as of the Closing (as defined in the Merger Agreement) will be converted into hypothetical investments in common stock of Whirlpool Corporation and hypothetical cash credits in the same manner that actual stock of Maytag is converted into the merger consideration under the terms of the Merger Agreement. The resulting hypothetical cash credits will be hypothetically invested in a money market investment option available under this Plan and will thereafter be subject to the hypothetical investment direction provisions of this Sec. 4.3.2. Earnings Credits attributable to Company Make-Whole Match Credits will initially be determined based on the performance of a money market investment option available under the Plan.
5. Section 5.2.2 of the Plan is hereby deleted in it...
Earnings Credits. On a monthly basis any earnings credits generated from uninvested custody balances will be applied against any cash management service fees. Earnings credits are based on a cost of funds tiered earnings credit rate. FIRSTAR BANK, N.A. MANAGEMENT FEE SCHEDULE BUSINESS CHECKING FEES UNIT COST MONTHLY COST -------------------------------------------------------------------------------- D.D.A. Account Maintenance $14.00 Deposits .42 Deposited Items .109 Checks Paid .159 Deposited Items Returned 6.00 International Returned Items 10.00 NSF Returned Check 25.00 Stop Payments 22.00
Earnings Credits. Fees may be offset by a compensating balance on an Earnings Credit calculation, in Bank’s sole discretion. Earnings Credits must be used in the month immediately following the month in which they were calculated, and shall not carry forward.
