Common use of Marketing Expenses Clause in Contracts

Marketing Expenses. In addition to the commissions payable to Arete above, the Fund will also pay a Marketing Support Fee of 1.1% of the offering price for any sales of Shares made by Arete. If the Offering terminates prior to reaching the maximum offering proceeds, Arete agrees to immediately refund any amount of compensation in excess of 10% of the gross proceeds received by the Fund.

Marketing Expenses. In addition to the commissions payable to Arete above, the Fund will also pay a Marketing Support Fee of 1.1% of the offering price for any sales of Shares made by Arete. If the Offering terminates prior to reaching the maximum offering proceeds, Arete Axxxx agrees to immediately refund any amount of compensation in excess of 10% of the gross proceeds received by the Fund.