Incentive Compensation. For the services to be rendered hereunder by each of the Co-Managers, Masterworks has agreed to compensate each of the Co-Managers with a variable sales commission and finder’s fee which, in the aggregate, will not exceed 3.0% of the total dollar amount of equity capital raised pursuant to the Offering (the “Sales Commission”).
Appears in 78 contracts
Samples: Engagement Letter and Agreement Among Co Managers (Masterworks 153, LLC), Engagement Letter and Agreement Among Co Managers (Masterworks 147, LLC), Engagement Letter and Agreement Among Co Managers (Masterworks 146, LLC)
