Common use of Services; Compensation Clause in Contracts

Services; Compensation. Dealer shall perform some or all of the services described in Exhibit A hereto (the "Services") in connection with its purchase and redemption of shares of the Funds at the direction of, and as agent for, its customers. Dealer will bear all expenses incurred by it or its agents in performing the Services. Dealer shall receive from the Distributor, such compensation, including sales loads and fees pursuant to the Trust's Rule 12b-1 Distribution and/or Service Plans, as set forth in the Funds' Prospectuses, as amended from time to time. Dealer shall act only as agent for its customers in all purchase and redemption transactions and in furnishing information regarding the Trust, the Funds or the Trust shares and shall not act as agent for the Trust.

Appears in 2 contracts

Samples: Selected Dealer Agreement (FBR Family of Funds), Funds Selected Dealer Agreement (FBR Family of Funds)

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Services; Compensation. Dealer shall perform some or all of the services described in Exhibit A hereto (the "Services") in connection with its purchase and redemption of shares of the Funds at the direction of, and as agent for, its customers. Dealer will bear all expenses incurred by it or its agents in performing the Services. Dealer shall receive from the Distributor, such compensation, including sales loads and fees pursuant to the TrustCompany's Rule 12b-1 Distribution and/or Service Plans, as set forth in the Funds' Prospectuses, as amended from time to time. Dealer shall act only as agent for its customers in all purchase and redemption transactions and in furnishing information regarding the TrustCompany, the Funds or the Trust Company shares and shall not act as agent for the TrustCompany.

Appears in 1 contract

Samples: Selected Dealer Agreement (FBR Funds)

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Services; Compensation. Dealer shall perform some or all of the services described in Exhibit A hereto (the "Services") in connection with its purchase and redemption of shares of the Funds at the direction of, and as agent for, its customers. Dealer will bear all expenses incurred by it or its agents in performing the Services. Dealer shall receive from the Distributor, such compensation, including sales loads and fees pursuant to the Trust's Company’s Rule 12b-1 Distribution and/or Service Plans, as set forth in the Funds' Prospectuses, as amended from time to time. Dealer shall act only as agent for its customers in all purchase and redemption transactions and in furnishing information regarding the TrustCompany, the Funds or the Trust Company shares and shall not act as agent for the TrustCompany.

Appears in 1 contract

Samples: Selected Dealer Agreement (FBR Funds)

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