Sub-Advisor Compensation Sample Clauses
The Sub-Advisor Compensation clause defines how and when a sub-advisor will be paid for their services under an agreement. It typically outlines the fee structure, such as fixed fees, performance-based fees, or a percentage of assets managed, and specifies the timing and method of payment. This clause ensures that both parties have a clear understanding of the financial terms, reducing the risk of disputes over compensation and providing transparency in the advisor-sub-advisor relationship.
POPULAR SAMPLE Copied 1 times
Sub-Advisor Compensation. (After the NAV Pricing Date) From and after the NAV Pricing Date, the Sub-Advisor shall be entitled to the compensation described in Appendix C in connection with the services performed under this Amended Agreement. The Sub-Advisor may assign any of its rights to receive such compensation or other payments under this Amended Agreement to an Affiliate, and the Advisor agrees to direct the Company to pay such amounts directly to the assignee of any such assignment.
Sub-Advisor Compensation. The SubAdvisor shall be entitled to the compensation described in Appendix C in connection with the services performed under this Amended Agreement. The SubAdvisor may assign any of its rights to receive such compensation or other payments under this Amended Agreement to an Affiliate, and the Advisor agrees to direct the Company to pay such amounts directly to the assignee of any such assignment.