Common use of Fixed Compensation Clause in Contracts

Fixed Compensation. SDDco-BA will receive certain additional fixed compensation pursuant to a separate agreement with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation includes, $5,000 per month for ancillary support services and $750 per month for supervisory services for each representative beyond one representative dedicated to working on Masterworks transactions.

Appears in 21 contracts

Samples: Engagement Letter (Masterworks 017, LLC), Engagement Letter (Masterworks 016, LLC), Engagement Letter (Masterworks 015, LLC)

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Fixed Compensation. SDDco-BA will receive certain additional fixed compensation pursuant to a separate agreement with MasterworksMasterworks , which is not tied specifically to this Offering or to any other specific spe c ific offering, but a portion of which is may be deemed to be underwriting compensation for this Offering. Such additional fixed compensation includes, $5,000 per month for ancillary support services and $750 per month for supervisory services for each representative beyond one representative dedicated to working on Masterworks transactions.

Appears in 1 contract

Samples: Engagement Letter (Masterworks 001, LLC)

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