Common use of OTHER PAYMENTS BY THE DISTRIBUTOR Clause in Contracts

OTHER PAYMENTS BY THE DISTRIBUTOR. If the Distributor is required to make any payments to third parties in respect of distribution, which payments are contemplated by the parties to the distribution agreement or authorized under the Distribution Plan, the Distributor shall be promptly reimbursed for such payments upon invoicing them. SCHEDULE D TO THE DISTRIBUTION AGREEMENT BETWEEN STI CLASSIC FUNDS AND BISYS FUND SERVICES LIMITED PARTNERSHIP SPECIAL DISTRIBUTION SERVICES AND FEES SERVICES FEES -------- ---- 1. WHOLESALING PERSONNEL SERVICES WHOLESALING PERSONNEL SERVICES FEES Wholesaling Personnel may be external For each individual constituting the wholesalers and/or internal Wholesaling Personnel employed by the wholesalers. Distributor pursuant to this Agreement, the Distributor shall receive annually Services include soliciting support an amount equal to the sum of: of the Funds with selling broker dealers; participating in promotional (i) all compensation paid annually by meetings, presentations, the Distributor to the employee; plus conferences and other and forums; identifying high potential personnel (ii) a management oversight fee equal of the Adviser and selling broker to: dealers; and assisting with mail solicitations and literature (a) if one to four Wholesaling fulfillment. Personnel are employed, 30% of the salary compensation and 5% of the bonus or commission compensation, or The Wholesaling Personnel Services described on this Schedule D will be (b) if five or more Wholesaling provided only upon the written Personnel are employed, 25% of election of the Trust to receive such the salary compensation and 5% services. of the bonus or commission compensation; plus

Appears in 1 contract

Samples: Distribution Agreement (Sti Classic Funds)

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OTHER PAYMENTS BY THE DISTRIBUTOR. If the Distributor is required to make any payments to third parties in respect of distribution, which payments are contemplated by the parties to the distribution agreement or authorized under the Distribution Plan, the Distributor shall be promptly reimbursed for such payments upon invoicing them. SCHEDULE D TO THE DISTRIBUTION AGREEMENT BETWEEN STI CLASSIC FUNDS AND BISYS FUND SERVICES LIMITED PARTNERSHIP SPECIAL DISTRIBUTION SERVICES AND FEES SERVICES FEES -------- ---- -------------------------------------------------- ------------------------------------------------ 1. WHOLESALING PERSONNEL SERVICES WHOLESALING PERSONNEL SERVICES FEES Wholesaling Personnel may be external wholesalers For each individual constituting the wholesalers Wholesaling and/or internal Wholesaling wholesalers. Personnel employed by the wholesalers. Distributor pursuant to this Agreement, the Distributor shall receive annually Services include soliciting support an amount equal to the sum of: Services include soliciting support of the Funds with selling broker dealers; participating in promotional (i) all compensation paid annually by meetings, presentations, the with selling broker dealers; participating in Distributor to the employee; plus promotional meetings, presentations, conferences and other and forums; identifying high potential personnel (ii) a management oversight fee equal to: personnel of the Adviser and selling broker to: dealers; and assisting with mail solicitations and literature (a) if one to four Wholesaling Personnel literature fulfillment. Personnel are employed, 30% of the salary compensation and 5% of the bonus or commission compensation, or The Wholesaling Personnel Services described on commission compensation, or this Schedule D will be provided only upon the written election of the Trust to receive such (b) if five or more Wholesaling provided only upon the written Personnel services. are employed, 25% of election of the Trust to receive such the salary compensation and 5% services. of the bonus or commission compensation; plus

Appears in 1 contract

Samples: Distribution Agreement (Sti Classic Funds)

OTHER PAYMENTS BY THE DISTRIBUTOR. If the Distributor is required to make any payments to third parties in respect of distribution, which payments are contemplated by the parties to the distribution agreement or authorized under otherwise arise in the Distribution Planordinary course of business, the Distributor shall be promptly reimbursed for such payments upon invoicing them. SCHEDULE D TO THE DISTRIBUTION AGREEMENT BETWEEN STI CLASSIC FUNDS AND BISYS FUND SERVICES LIMITED PARTNERSHIP SPECIAL DISTRIBUTION SERVICES AND FEES ------------------------------------------------------------------------------------------ SERVICES FEES -------- ---- ------------------------------------------------------------------------------------------ 1. WHOLESALING PERSONNEL SERVICES WHOLESALING PERSONNEL SERVICES FEES Wholesaling Personnel may be external For each individual constituting the wholesalers and/or internal wholesalers. Wholesaling Personnel employed by the wholesalers. Distributor pursuant to this Agreement, Services include soliciting support of the the Distributor shall receive annually Services include soliciting support an Funds with selling broker dealers; amount equal to the sum of: of the Funds with selling broker dealers; participating in promotional meetings, presentations, conferences and other and (i) all compensation paid annually by meetings, presentations, the forums; identifying high potential personnel Distributor to the employee; plus conferences and other and forums; identifying high potential personnel (ii) a management oversight fee equal of the Adviser and selling broker to: dealers; and assisting with mail solicitations and (ii) a management oversight fee literature fulfillment. equal to: (a) if one to four Wholesaling fulfillment. Personnel are employed, 30% of the salary compensation and 5% of the bonus or commission compensation, or The Wholesaling Personnel Services described on this Schedule D will be (b) if five or more Wholesaling provided only upon the written Personnel are employed, 25% of election of the Trust to receive such the salary compensation and 5% services. of the bonus or commission compensation; plus

Appears in 1 contract

Samples: Distribution Agreement (HSBC Advisor Funds Trust)

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OTHER PAYMENTS BY THE DISTRIBUTOR. If the Distributor is required to make any payments to third parties in respect of distribution, which payments are contemplated by the parties to the distribution agreement or authorized under the Distribution Plan, the Distributor shall be promptly reimbursed for such payments upon invoicing them. SCHEDULE D TO THE DISTRIBUTION AGREEMENT BETWEEN STI CLASSIC FUNDS AND BISYS FUND SERVICES LIMITED PARTNERSHIP SPECIAL DISTRIBUTION SERVICES AND FEES SERVICES FEES -------- ---- 1. WHOLESALING PERSONNEL SERVICES WHOLESALING PERSONNEL SERVICES FEES Wholesaling Personnel may be external For each individual constituting the wholesalers and/or internal Wholesaling Personnel employed by the wholesalers. Distributor pursuant to this Agreement, the Distributor shall receive annually Services include soliciting support an amount equal to the sum of: of the Funds with selling broker dealers; participating in promotional Services include soliciting support (i) all compensation paid annually by meetings, presentations, of the Funds with selling broker the Distributor to the employee; plus dealers; participating in promotional meetings, presentations, conferences and other and forums; identifying high potential personnel (ii) a management oversight fee equal and other and forums; identifying to: high potential personnel of the Adviser and selling broker to: dealers; and assisting with mail solicitations and literature (a) if one to four Wholesaling fulfillment. and assisting with mail solicitations Personnel are employed, 30% of and literature fulfillment. the salary compensation and 5% of the bonus or commission The Wholesaling Personnel Services compensation, or described on this Schedule D will be provided only upon the written (b) if five or more Wholesaling election of the Trust to receive such Personnel are employed, 25% of services. the salary compensation and 5% of the bonus or commission compensation, or The Wholesaling Personnel Services described on this Schedule D will be (b) if five or more Wholesaling provided only upon the written Personnel are employed, 25% of election of the Trust to receive such the salary compensation and 5% services. of the bonus or commission compensation; plus

Appears in 1 contract

Samples: Distribution Services Agreement (Sti Classic Funds)

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