Common use of Total Return Incentive Fee Clause in Contracts

Total Return Incentive Fee. The Total Return Incentive Fee shall be based on the Total Return to Shareholders (as defined below) for each share class of the Company in any calendar year, payable annually in arrears. The Total Return Incentive Fee will be calculated and will accrue on a quarterly basis, to the extent that it is earned. The Company will perform a final reconciliation of the Total Return Incentive Fee calculation at the completion of each calendar year and the Total Return Incentive Fee shall be due and payable to Manager no later than ninety (90) calendar days following the end of the applicable calendar year. The Company shall pay the Manager a Total Return Incentive Fee for each share class calculated as follows: