Common use of Liquidation Clause in Contracts

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ ' cash disbursements reasonably made for services in connection with Ultimus’ Xxxxxxx' activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s 's property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Xxxxxxx and the partiesTrust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a FundTrust, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee LetterSection 8.3.D, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the TrustFund, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust Fund or its designees of the TrustFund’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Client or Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable . Such liquidation fee as mutually agreed shall not be subject to by the partiesan Early Termination Fee.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Fund or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust Fund or its designees of the TrustFund’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesFund.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as in an amount to be mutually agreed to by the partiesupon; provided that such de-conversion fee shall not exceed $5,000.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a FundFund , Ultimus shall be entitled to collect from the TrustFund, in addition to the compensation described in each applicable the Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust Fund or its designees of the TrustFund’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) Fund the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to in writing by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation liquidation, merger, or reorganization of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ documented cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.. Red Cedar Fund Trust Ultimus Master Services Agreement November 1, 2019 Page 5 of 16

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents. Such liquidation shall not be subject to an Early Termination Fee. Ultimus Master Services Agreement Foreside Management Services, and (2) a reasonable liquidation fee as mutually agreed to by the parties.LLC

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Xxxxxxx and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the parties.Trust. Tactical Investment Series Trust

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its EntrepreneurShares Series TrustTM Ultimus ETF Master Services Agreement designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust/Fund, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made (as determined by the Trust) for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust Trust/Fund or its a designees thereof, the Trust’s property, records, instruments, and documents, documents of the Trust/Fund; and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Adviser, the Trust or its their designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus, the partiesAdviser and the Trust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Adviser, the Trust or its their designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesAdviser and the Trust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust Fund or a Fund, Ultimus shall be entitled to collect from the TrustFund, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust Fund or its designees of the TrustFund’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents. Additionally, and (2) without limiting the foregoing, in the event the Trust liquidates, Ultimus shall be entitled to collect a reasonable liquidation fee as mutually agreed to by the partiesfollows: [Omitted].

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Uxxxxxx and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the TrustAdministrator, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee not to exceed $30,000 as mutually agreed to by the partiesparties in writing.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a FundTrust, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a FundTrust, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee LetterLetter and the Early Termination Fee as set forth in Ultimus Master Services Agreement Section 8.3D, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable . Such liquidation fee as mutually agreed shall not be subject to by the parties.an Early Termination Fee. Ultimus Master Services Agreement Asset Management Fund

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the partiesparties to reasonably Compensate Ultimus for the time spent by its employees in effecting the de-conversion.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Uxxxxxx and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the partiesparties which shall not be greater than $30,000.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement with respect to the Trust or a Fund due to the liquidation of the Trust or a such Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) Fund the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable . Such liquidation fee as mutually agreed shall not be subject to by the parties.an Early Termination Fee. Ultimus Master Services Agreement

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Adviser or the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Adviser, the Trust or its their designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus Uxxxxxx shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, Trust (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties; provided that the amount collected from the Trust pursuant to the immediately preceding clauses (1) and (2), together with any amounts that Ultimus or any affiliate of Ultimus may collect in connection with the liquidation of the Trust or Fund, shall not exceed $25,000 in the aggregate.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.. Red Cedar Fund Trust Ultimus Master Services Agreement

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.in

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the month of liquidation, (1) and the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from that Fund or the Trust, in addition to Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Uxxxxxx and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust Company or a Fund, Ultimus shall be entitled to collect from the TrustCompany, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust Company or its designees the TrustCompany’s property, records, instruments, and documentsdocuments and, and unless the liquidation falls under Section 8.3D, (2) a reasonable liquidation fee as mutually agreed to by the parties...

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust Corporation or a Fund, Ultimus shall be entitled to collect from the TrustCorporation, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust Corporation or its designees the TrustCorporation’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a FundTrusts, Ultimus shall be entitled to collect from the TrustAdministrator, in addition to the compensation described in each applicable Fee LetterSchedule, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust Trusts or its their designees the Trust’s Trusts’ property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties, not to exceed $25,000.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the TrustAdministrator, in addition to the compensation described in each applicable Fee LetterSchedule, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties, not to exceed $25,000.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to Trust or the Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ ' cash disbursements reasonably made for services in connection with Ultimus’ ' activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s 's property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Xxxxxxx and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus Uxxxxxx shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable . Such liquidation fee as mutually agreed shall not be subject to by the partiesan Early Termination Fee.

Liquidation. Upon termination of this the Agreement with respect to the Fund due to the liquidation of the Trust or a the Fund, Ultimus shall be entitled to collect from the Trust, in addition to Adviser the compensation described in each applicable this Fee LetterLetter through the end of the then-current term, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust Corporation or a Fund, Ultimus shall be entitled to collect from the TrustCorporation, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust Corporation or its designees the TrustCorporation’s property, records, instruments, and documents, and (2) a reasonable liquidation de-conversion fee as mutually agreed to by the parties.

Liquidation. Upon termination of this the Agreement with respect to a Fund due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) Fund the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including including, without limitation, the delivery to the Trust or its designees of the Trust’s property, records, instruments, and documents, and (2) a reasonable fee for post-termination liquidation fee services as mutually agreed to by Ultimus and the partiesTrust.

Liquidation. Upon termination of this Agreement due to the liquidation of the Trust or a Fund, Ultimus shall be entitled to collect from the Trust, in addition to the compensation described in each applicable Fee Letter, (1) the amount of all of Ultimus’ cash disbursements reasonably made for services in connection with Ultimus’ activities in effecting such termination, including without limitation, the delivery to the Trust or its designees the Trust’s property, records, instruments, and documents, and (2) a reasonable liquidation fee as mutually agreed to by the parties.that will be capped at $50,000. Ultimus Master Services Agreement Oak Associates Funds