Common use of Fees and Trust Expenses Clause in Contracts

Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $20,000 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The fee shall not exceed $100,000 for the five-year period beginning from the date of this agreement.

Appears in 8 contracts

Samples: Marketing Agent Agreement (ETFS Precious Metals Basket Trust), Etfs Platinum Trust Marketing Agent Agreement (ETFS Platinum Trust), Etfs Platinum Trust Marketing Agent Agreement (ETFS Platinum Trust)

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Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $20,000 12,500 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The fee shall maximum compensation Marketing Agent may receive under this Agreement, as a result of the Trust’s offering, is estimated to be $93,135, which includes $37,500 (fees) and $55,635 (expenses). The Trust is not exceed $100,000 responsible for the five-year period beginning from payment of any amounts to the date Marketing Agent. The maximum compensation that will be paid for wholesaling salaries, as a result of this agreementoffering, is estimated to be $236,250, which is solely the responsibility of ETFS Marketing.

Appears in 1 contract

Samples: Basket Trust Marketing Agent Agreement (ETFS White Metals Basket Trust)

Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent and its affiliates hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $20,000 12,500 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The fee shall maximum compensation Marketing Agent may receive under this Agreement, as a result of the Trust’s offering, is not to exceed $137,500, which includes $37,500 (fees) and $100,000 (expenses). The Trust is not responsible for the five-year period beginning from payment of any amounts to the date Marketing Agent. The maximum compensation that will be paid for wholesaling salaries, as a result of this agreementoffering, is not to exceed $500,000, which is solely the responsibility of ETFS Marketing.

Appears in 1 contract

Samples: Basket Trust Marketing Agent Agreement (ETFS White Metals Basket Trust)

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Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $20,000 12,500 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The fee shall not exceed $100,000 62,500 for the five-year period beginning from the date of this agreement.

Appears in 1 contract

Samples: Etfs Asian Gold Trust Marketing Agent Agreement (ETFS Asian Gold Trust)

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