SPECIAL DISTRIBUTION SERVICES AND FEES. Services Fees
SPECIAL DISTRIBUTION SERVICES AND FEES. SERVICES FEES ------------------------------------- ---------------------------------------- 1. WHOLESALING PERSONNEL SERVICES WHOLESALING PERSONNEL SERVICES FEES
SPECIAL DISTRIBUTION SERVICES AND FEES. Services Fees --------------- --------------- [TO BE UPDATED] [TO BE UPDATED] Expenses Applicable to Special Distribution Services Except as expressly set forth above, out-of-pocket expenses incurred by Distributor in the performance of its services under this Agreement are not included in the above fees. Such out-of-pocket expenses may include, without limitation: - reasonable travel and entertainment costs; - expenses incurred by the Distributor in qualifying, registering and maintaining the registration of the Distributor and each individual comprising Wholesaling Personnel as a registered representative of the Distributor under applicable federal and state laws and rules of the NASD, e.g., CRD fees and state fees; - sponsorships, Promotions, Sales Incentives; - any and all compensation to be paid to a third party as paying agent for distribution activities (platform fees, finders fees, sub-TA fees, 12b-I pass thru, commissions, etc.); - costs and expenses incurred for telephone service, photocopying and office supplies; - advertising costs; - costs for printing, paper stock and costs of other materials, electronic transmission, courier, talent utilized in sales materials (e.g. models), design output, photostats, photography, and illustrations; - packaging, shipping, postage, and photocopies; and - taxes that are paid or payable by the Distributor or its affiliates in connection with its services hereunder, other than taxes customarily and actually imposed upon the income that the Distributor receives hereunder.
SPECIAL DISTRIBUTION SERVICES AND FEES. SERVICES FEES ------------------------------------------------------- ---------------------------------------------------- 1. WHOLESALING PERSONNEL SERVICES WHOLESALING PERSONNEL SERVICES FEES Wholesaling Personnel may be external wholesalers For each individual constituting the Wholesaling and/or internal wholesalers. Personnel employed by the Distributor pursuant to this Agreement, the Distributor shall receive annually an amount equal to the sum of: Services include soliciting support of the Funds (i) all compensation paid annually by the with selling broker dealers; participating in Distributor to the employee; plus promotional meetings, presentations, conferences and other and forums; identifying high potential (ii) a management oversight fee equal to: personnel of the Adviser and selling broker dealers; and assisting with mail solicitations and (a) if one to four Wholesaling Personnel are literature fulfillment. employed, 30% of the salary compensation and 5% of the bonus or commission compensation, or
SPECIAL DISTRIBUTION SERVICES AND FEES. Services
