Common use of Refund of Compensation Clause in Contracts

Refund of Compensation. If any Shares sold to Dealer under the terms of this Agreement are repurchased by the Fund, or are tendered for redemption, within seven business days after the date of the Company's confirmation of the original purchase by Dealer, Dealer shall promptly refund to the Company the full Dealer Commission received by Dealer pursuant to 4(a) above.

Appears in 2 contracts

Samples: Selected Dealer Agreement (Roulston Funds), Selected Dealer Agreement (Roulston Funds)

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Refund of Compensation. If any Shares sold to Dealer under the terms of this Agreement are repurchased by the Fund, or are tendered for redemption, within seven business days after the date of the Company's confirmation of the original purchase by Dealer, Dealer shall promptly refund to the Company the full Dealer Commission Concession received by Dealer pursuant to Section 4(a) above.

Appears in 2 contracts

Samples: Selected Dealer Agreement (Cardinal Group), Selected Dealer Agreement (Cardinal Group)

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Refund of Compensation. If any Shares sold to Dealer under the terms of this Agreement are repurchased by the Fund, or are tendered for redemption, within seven business days after the date of the Company's confirmation of the original purchase by Dealer, Dealer shall promptly refund to the Company the full Dealer Commission received by Dealer pursuant to 4(ass.4(a) above.

Appears in 1 contract

Samples: Selected Dealer Agreement (Roulston Family of Funds)

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