Common use of REMUNERATION ARRANGEMENTS Clause in Contracts

REMUNERATION ARRANGEMENTS. If the decision is made to proceed with the Advice Service, then the fee paid by the Customer to Grove will be as laid out in Grove’s Client Agreement and detailed in the Suitability Report if one is issued (“the Adviser Fee”). In addition, a fee for the Introducer (“the Introducer Adviser Charge”), which would be subject to a separate agreement between the Introducer and Customer and advised to Grove, may be included and Grove will pay the Introducer Adviser Charge out of monies received. The Introducer Adviser Charge will be detailed in the Suitability Report. Upon completion of the transaction under the Advice Service and if a transfer has completed, once Grove have received their fee the Introducer will have the servicing agency of the resulting policy transferred to themselves, where the Introducer is an FCA registered adviser able to accept the transfer. Any ongoing financial advice fees the Introducer has requested Grove to include and be transferred to the Introducer are on the explicit understanding the Introducer, having established the investment has been executed in the manner commensurate with the Customers Suitability Report, will be carrying out periodic investment reviews for the Customer and in agreement with them. Should the Introducer not change the agency back to themselves then Grove reserves the right to retain any ongoing fees. If the Customer has agreed to proceed with Full Advice, the fee must be paid irrespective of whether a transfer proceeds or not. Grove will only be responsible to pay the Introducer the Introducer Adviser Charge if it has been paid by the Customer and received by Grove and after Grove’s Adviser Fee has been settled first. If the Customer does not settle the total and full agreed fee, no payment will be made to the Introducer until Grove’s Adviser Fee has been settled in full. In the event that Grove becomes liable to repay any Adviser Fee, the Introducer shall promptly repay to Grove the percentage of Introducer Adviser Charge received via Grove, if any.

REMUNERATION ARRANGEMENTS. 5.1. If the decision is made to proceed with the Advice Service, then the fee paid by the Customer to Grove will be as laid out in Grove’s Client Agreement and detailed in the Suitability Report if one is issued (“the Adviser Fee”). In addition, a fee for the Introducer (“the Introducer Adviser Charge”), which would be subject to a separate agreement between the Introducer and Customer and advised to Grove, may be included and Grove will pay the Introducer Adviser Charge out of monies received. The Introducer Adviser Charge will be detailed in the Suitability Report. 5.2. Upon completion of the transaction under the Advice Service and if a transfer has completed, once Grove have received their fee the Introducer will have the servicing agency of the resulting policy transferred to themselves, where the Introducer is an FCA registered adviser able to accept the transfer. Any ongoing financial advice fees the Introducer has requested Grove to include and be transferred to the Introducer are on the explicit understanding the Introducer, having established the investment has been executed in the manner commensurate with the Customers Suitability Report, will be carrying out periodic investment reviews for the Customer and in agreement with them. 5.3. Should the Introducer not change the agency back to themselves then Grove reserves the right to retain any ongoing fees. 5.4. If the Customer has agreed to proceed with Full Advice, the fee must be paid irrespective of whether a transfer proceeds or not. 5.5. Grove will only be responsible to pay the Introducer the Introducer Adviser Charge if it has been paid by the Customer and received by Grove and after Grove’s Adviser Fee has been settled first. If the Customer does not settle the total and full agreed fee, no payment will be made to the Introducer until Grove’s Adviser Fee has been settled in full. 5.6. If a transfer doesn’t proceed after Full Advice has been provided, Grove will only be responsible for collecting the outstanding amount from the Customer which is due to Grove. Any outstanding amount due to the Introducer will be their responsibility to collect directly from the Customer. 5.7. In the event that Grove becomes liable to repay any Adviser Fee, the Introducer shall promptly repay to Grove the percentage of Introducer Adviser Charge received via Grove, if any.

REMUNERATION ARRANGEMENTS. 5.1. If the decision is made to proceed with the Advice Service, then the fee paid by the Customer to Grove will be as laid out in Grove’s Client Agreement and detailed in the Suitability Report if one is issued (“the Adviser Fee”). In addition, a fee for the Introducer (“the Introducer Adviser Charge”), which would be subject to a separate agreement between the Introducer and Customer and advised to Grove, may be included and Grove will pay the Introducer Adviser Charge out of monies received. The Introducer Adviser Charge will be detailed in the Suitability Report. 5.2. Upon completion of the transaction under the Advice Service and if a transfer has completed, once Grove have received their fee the Introducer will have the servicing agency of the resulting policy transferred to themselves, where the Introducer is an FCA registered adviser able to accept the transfer. Any ongoing financial advice fees the Introducer has requested Grove to include and be transferred to the Introducer are on the explicit understanding the Introducer, having established the investment has been executed in the manner commensurate with the Customers Suitability Report, will be carrying out periodic investment reviews for the Customer and in agreement with them. 5.3. Should the Introducer not change the agency back to themselves then Grove reserves the right to retain any ongoing fees. 5.4. If the Customer has agreed to proceed with Full Advice, the fee must be paid irrespective of whether a transfer proceeds or not. 5.5. Grove will only be responsible to pay the Introducer the Introducer Adviser Charge if it has been paid by the Customer and received by Grove and after Grove’s Adviser Fee has been settled first. If the Customer does not settle the total and full agreed fee, no payment will be made to the Introducer until Grove’s Adviser Fee has been settled in full. 5.6. In the event that Grove becomes liable to repay any Adviser Fee, the Introducer shall promptly repay to Grove the percentage of Introducer Adviser Charge received via Grove, if any.

REMUNERATION ARRANGEMENTS. 5.1. If the decision is made to proceed with the Advice Service, then the fee paid by the Customer to Grove will be as laid out in Grove’s Client Agreement and detailed in the Suitability Report if one is issued (“the Adviser Fee”). In addition, a fee for the Introducer (“the Introducer Adviser Charge”), which would be subject to a separate agreement between the Introducer and Customer and advised to Grove, may be included and Grove will pay the Introducer Adviser Charge out of monies received. The Introducer Adviser Charge will be detailed in the Suitability Report. 5.2. Upon completion of the transaction under the Advice Service and if a transfer has completed, once Grove have received their fee the Introducer will have the servicing agency of the resulting policy transferred to themselves, where the Introducer is an FCA registered adviser able to accept the transfer. Any ongoing financial advice fees the Introducer has requested Grove to include and be transferred to the Introducer are on the explicit understanding the Introducer, having established the investment has been executed in the manner commensurate with the Customers Suitability Report, will be carrying out periodic investment reviews for the Customer and in agreement with them. 5.3. Should the Introducer not change the agency back to themselves then Grove reserves the right to retain any ongoing fees. 5.4. If the Customer has agreed to proceed with Full Advice, the fee must be paid irrespective of whether a transfer proceeds or not. 5.5. Grove Xxxxx will only be responsible to pay the Introducer the Introducer Adviser Charge if it has been paid by the Customer and received by Grove and after GroveXxxxx’s Adviser Fee Xxx has been settled first. If the Customer does not settle the total and full agreed fee, no payment will be made to the Introducer until GroveXxxxx’s Adviser Fee Xxx has been settled in full. 5.6. In the event that Grove Xxxxx becomes liable to repay any Adviser Fee, the Introducer shall promptly repay to Grove the percentage of Introducer Adviser Charge received via Grove, if any.

REMUNERATION ARRANGEMENTS. 5.1. If the decision is made to proceed with the Advice Service, then the fee paid by the Customer to Grove will be as laid out in Grove’s Client Agreement and detailed in the Suitability Report if one is issued (“the Adviser Fee”). In addition, a fee for the Introducer (“the Introducer Adviser Charge”), which would be subject to a separate agreement between the Introducer and Customer customer and advised to Grove, may be included and Grove Xxxxx will pay the Introducer Adviser Charge out of monies received. The Introducer Adviser Charge will be detailed in the Suitability Report. 5.2. Upon completion of the transaction under the Advice Service and if a transfer has completed, once Grove have received their fee the Introducer will have the servicing agency of the resulting policy transferred to themselves, where the Introducer is an FCA registered adviser able to accept the transfer. Any ongoing financial advice fees the Introducer has requested Grove to include and be transferred to the Introducer are on the explicit understanding the Introducer, having established the investment has been executed in the manner commensurate with the Customers customers Suitability Report, will be carrying out periodic investment reviews for the Customer customer and in agreement with them. 5.3. Should the Introducer not change the agency back to themselves then Grove reserves the right to retain any ongoing fees. 5.4. If the Customer customer has agreed to proceed with Full Advice, the fee must be paid irrespective of whether a transfer proceeds or not. 5.5. Grove Xxxxx will only be responsible to pay the Introducer the Introducer Adviser Charge if it has been paid by the Customer customer and received by Grove and after GroveXxxxx’s Adviser Fee Xxx has been settled first. If the Customer customer does not settle the total and full agreed fee, no payment will be made to the Introducer until GroveXxxxx’s Adviser Fee has been settled in full. 5.6. If a transfer doesn’t proceed after Full Advice has been provided, Grove will only be responsible for collecting the outstanding amount from the customer which is due to Grove. Any outstanding amount due to the Introducer will be their responsibility to collect directly from the customer. 5.7. In the event that Grove Xxxxx becomes liable to repay any Adviser Fee, the Introducer shall promptly repay to Grove the percentage of Introducer Adviser Charge received via Grove, if any.