Common use of Remuneration of Trustee Clause in Contracts

Remuneration of Trustee. (1) Subject to the provisions of sub-paragraph (2) each Trustee being a person engaged in any profession or business shall be entitled to be paid all usual professional or proper charges for business transacted time expended and acts done by him in connection with the trusts powers and provisions of this settlement including acts which a Trustee not being in any profession or business could have done personally

Remuneration of Trustee. (1) Subject to the provisions of sub-paragraph (2) each Trustee being a person engaged in any profession or business shall be entitled to be paid all usual professional or proper charges for business transacted time expended and acts done by him in connection with the trusts powers and provisions of this settlement deed including acts which a Trustee not being in any profession or business could have done personally