Common use of Remuneration of the Management Company and Its Agents Clause in Contracts

Remuneration of the Management Company and Its Agents. 9.2.1 The Management Company shall be entitled to prescribe and receive maximum remuneration up to the maximum rate of remuneration permitted under the Regulations; it being further understood and agreed that the Management Company shall fix the rate of remuneration and shall intimate any change in the rate to the Trustee and the Unit Holders from time to time. 9.2.2 The remuneration shall begin to accrue from the close of the Initial Period. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concerned. 9.2.3 The Management Company shall be entitled to draw accrued remuneration on a monthly basis from the Trust Property out of its accrued remuneration. 9.2.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company of the Trust. The Management Company shall not make any charge against the Unit Holder(s) or against the Trust Property or against the Distribution Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Regulations and this Deed to be payable out of Trust Property. 9.2.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed. 9.2.6 The Management Company shall however not make any further charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.

Remuneration of the Management Company and Its Agents. 9.2.1 The Management Company shall be entitled to prescribe and receive maximum remuneration up to the maximum rate of remuneration permitted under the Regulations; it being further understood and agreed that the Management Company shall fix the rate of remuneration and shall intimate any change in the rate to the Trustee and the Unit Holders from time to time. 9.2.2 The remuneration shall begin to accrue from the close of the Initial Period. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concerned. 9.2.3 The Management Company shall be entitled to draw accrued remuneration on a monthly basis from the Trust Property out of its accrued remuneration. 9.2.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company of the Trust. The Management Company shall not make any charge against the Unit Holder(s) or against the Trust Property or against the Distribution Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Regulations and this Deed to be payable out of Trust Property. 9.2.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed. 9.2.6 The Management Company shall however not make any further charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.

Remuneration of the Management Company and Its Agents. 9.2.1 9.1.1 1The Management Company shall be entitled to be paid monthly in arrears, the accrued remuneration of an amount not exceeding three percent (3%) of the average annual Net Assets of the Trust during the first five years and thereafter and amount not exceeding two percent (2%) of the average annual Net Assets of the Trust calculated on a daily basis during the year.The Management Company shall be entitled to prescribe and receive maximum remuneration up to upto the maximum rate of remuneration permitted under the Rules and Regulations; it being further understood and agreed that the Management Company shall fix the rate of remuneration and shall intimate any change in the rate to the Trustee and the Unit Holders from time to time. 9.2.2 9.1.2 The remuneration shall begin to accrue from the close of the Initial PeriodOffer period. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concerned. 9.2.3 9.1.3 The Management Company shall be entitled to draw accrued advance remuneration on a monthly basis from the Trust Property out of its accrued remuneration. 9.2.4 9.1.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company of the Trust. The Management Company shall not make any charge against the Unit Holder(s) or against the Trust Property or against the Distribution Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Rules and Regulations and this Deed to be payable out of Trust Property. 9.2.5 9.1.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed. 9.2.6 9.1.6 The Management Company shall however not make any further material charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Rules and Regulations and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.

Remuneration of the Management Company and Its Agents. 9.2.1 7.1.1 The Management Company shall be entitled to prescribe and receive charge upto maximum remuneration up to the maximum rate of remuneration as permitted under the Regulations; it “Rules”. It being further understood and agreed that the Management Company shall fix the rate of remuneration for the duration of each month of an Accounting Period and shall intimate any change in the rate to the Trustee and the Unit Holders from time to timeTrustee. 9.2.2 7.1.2 The remuneration shall begin to accrue from the close date of payment in full of all Units subscribed for by the Initial PeriodCore Investors. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concernedPeriod. 9.2.3 7.1.3 The remuneration due to Management Company shall be entitled paid within fifteen (15) calendar days of the relevant Audit Date, provided that Management Company may from time to time draw in advance, on monthly basis, out of the accrued remuneration on a monthly basis from sum that the Trust Property out of its accrued remunerationTrustee shall consider reasonable. 9.2.4 7.1.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company the asset management company to the Trust, including the remuneration and expenses of the TrustTransfer Agent/ Registrar, the Distribution Company and any selling and promotional expenses incurred in respect of sale of Units. The Management Company shall not make any charge against the Unit Holder(s) Holders or against the Trust Property or against the Distribution Redemption Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Regulations Rules and this Deed to be payable out of Trust Property. 9.2.5 7.1.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions provision of this Deed. 9.2.6 The Management Company shall however not make any further charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.

Remuneration of the Management Company and Its Agents. 9.2.1 The 9.1.1 1The Management Company shall be entitled to be paid monthly in arrears, the accrued remuneration of an amount not exceeding three percent (3%) of the average annual Net Assets of the Trust during the first five years and thereafter and amount not exceeding two percent (2%) of the average annual Net Assets of the Trust calculated on a daily basis during the yearThe Management Company shall be entitled to prescribe and receive maximum remuneration up to upto the maximum rate of remuneration permitted under the RegulationsRules; it being further understood and agreed that the Management Company shall fix the rate of remuneration for the duration of each month of an Accounting Period and shall intimate any change in the rate to the Trustee and the Unit Holders from time to timeTrustee. 9.2.2 9.1.2 The remuneration shall begin to accrue from the close of the Initial PeriodOffer period. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concerned. 9.2.3 9.1.3 The Management Company shall be entitled to draw accrued advance remuneration on a monthly basis from the Trust Property out of its accrued remuneration. 9.2.4 9.1.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company of the Trust. The Management Company shall not make any charge against the Unit Holder(s) or against the Trust Property or against the Distribution Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Rules 1or Regulations and this Deed to be payable out of Trust Property. 9.2.5 9.1.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed. 9.2.6 9.1.6 The Management Company shall however not make any further material charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations Rules or Regulations1 and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.

Remuneration of the Management Company and Its Agents. 9.2.1 9.1.1 The Management Company shall be entitled to be paid monthly in arrears, the accrued remuneration of an amount not exceeding three percent (3%) of the average annual Net Assets of the Trust during the first five years and thereafter and amount not exceeding two percent (2%) of the average annual Net Assets of the Trust calculated on a daily basis during the yearThe Management Company shall be entitled to prescribe and receive maximum remuneration up to upto the maximum rate of remuneration permitted under the RegulationsRules; it being further understood and agreed that the Management Company shall fix the rate of remuneration for the duration of each month of an Accounting Period and shall intimate any change in the rate to the Trustee and the Unit Holders from time to time.Trustee. 1 9.2.2 9.1.2 The remuneration shall begin to accrue from the close of the Initial PeriodOffer period. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concerned. 9.2.3 9.1.3 The Management Company shall be entitled to draw accrued advance remuneration on a monthly basis from the Trust Property out of its accrued remuneration. 9.2.4 9.1.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company of the Trust. The Management Company shall not make any charge against the Unit Holder(s) or against the Trust Property or against the Distribution Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Regulations Rules or Regulations1 and this Deed to be payable out of Trust Property. 9.2.5 9.1.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed. 9.2.6 9.1.6 The Management Company shall however not make any further material charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations Rules or Regulations1 and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.

Remuneration of the Management Company and Its Agents. 9.2.1 The Management Company shall be entitled to prescribe and receive maximum remuneration up to the maximum rate of remuneration permitted under the Regulations; it being further understood and agreed that the Management Company shall fix the rate of remuneration and shall intimate any change in the rate to the Trustee and the Unit Holders from time to timetime and this rate will be available on website of the Fund. 9.2.2 The remuneration shall begin to accrue from the close of the Initial Period. In respect of any period other than an Accounting Period such remuneration shall be prorated on the basis of the actual number of days for which such remuneration has accrued in proportion to the total number of days accrued in the Accounting Period concerned. 9.2.3 The Management Company shall be entitled to draw accrued remuneration on a monthly basis from the Trust Property out of its accrued remuneration. 9.2.4 In consideration of the foregoing and save as aforesaid the Management Company shall be responsible for the payment of all expenses incurred by the Management Company from time to time in connection with its responsibilities as Management Company of the Trust. The Management Company shall not make any charge against the Unit Holder(s) or against the Trust Property or against the Distribution Account for its services or for its expenses, except such expenses as are expressly authorized under the provisions of the Regulations and this Deed to be payable out of Trust Property. 9.2.5 The Management Company shall bear all expenditures in respect of its secretarial and office space and professional management, including all accounting and administrative services provided in accordance with the provisions of this Deed. 9.2.6 The Management Company shall however not make any further charge against the Unit Holder(s) nor against the Trust Property nor against the Distribution Account for its services nor for expenses, except such expenses or fees as are expressly authorized under the provisions of the Regulations and the Deed to be payable out of Trust Property. 9.2.7 The fees payable on offshore investments due to appointment of international fund managers, investment advisors, financial advisors and professionals shall be borne by the Management Company.