Receipt of Disclosure Documents/Informed Consent Sample Clauses

Receipt of Disclosure Documents/Informed Consent. The Plan Sponsor acknowledges having received and read this Agreement and the exhibits hereto, as well as Commonwealth’s Form ADV Part 2A Brochure, Privacy Notice, and Advisor’s Part 2B Brochure Supplement (and, if applicable, Advisor’s Form ADV Part 2A Brochure and Privacy Notice). The information included in this Agreement is intended to satisfy the disclosure requirements under Section 408(b)(2) of ERISA, as amended, and the Plan Sponsor acknowledges that an unsigned copy of this Agreement that includes these required disclosures was provided reasonably in advance of the date of the Plan Sponsor’s entrance into this Agreement. The Plan Sponsor acknowledges that the Advisor has provided satisfactory answers to all questions regarding this Agreement and the services to be performed hereunder, and that, therefore, the Plan is executing this Agreement with its informed consent to the terms hereof. The Plan Sponsor represents that it has determined that the Consulting Fee is reasonable and acknowledges that, to the extent that the Consulting Fee is paid with assets of the Plan, the Plan Sponsor, not the Advisor or Commonwealth, is responsible for all decisions regarding whether and to what extent the Consulting Fee is charged to accounts of participants. Commonwealth receives payments from third-party plan recordkeeping platforms. No portion of the third-party payments Commonwealth receives from third-party plan recordkeeping platforms is paid to the Advisor. Third-party plan recordkeeping platforms do, however, provide Commonwealth advisors with financial support, marketing support, and participation in due diligence meetings and educational activities, as described in Item 14 of Commonwealth’s Form ADV Part 2A Brochure. The Plan Sponsor represents that it has considered the consulting fees and third-party compensation, as described in this agreement and Commonwealth’s Form ADV Part 2A Brochure, in making a fair and reasonable assessment of the services to be provided and the total compensation to be received by Commonwealth and the Advisor prior to entering into this Agreement.

Receipt of Disclosure Documents/Informed Consent. If I open a PPS Account, I acknowledge having received and read Commonwealth’s Form CRS, this MSA, Commonwealth’s Form ADV Part 2A Brochure, Commonwealth’s Privacy Policy, and Advisor’s Part 2B Brochure Supplement (and, if applicable, Advisor’s Form CRS, Form ADV Part 2A Brochure, Part 2B Brochure Supplement, and Privacy Policy). I acknowledge that I have received a copy of this MSA, which includes a predispute arbitration clause. I further acknowledge that Advisor has satisfactorily answered all questions regarding the services to be provided hereunder.