Trustee Remuneration. (a) The Trustee is entitled to a fee for services as Trustee of an amount, and payable at such times, as set out in schedule 1, as varied from time to time with the agreement of the Trustee and as approved by:
Trustee Remuneration. 3.3.1 The Company shall pay to the Trustee remuneration as mentioned in the letter dated 16.06.2021, as may be amended or supplemented from time to time, for their services to act as Debenture Trustee in addition to all legal, travelling and other costs, charges and expenses which the Debenture Trustee or their officers, employees or agents may incur in relation to execution of the trust hereof and all other documents pertaining to Debentures and the remuneration shall continue to be payable until the Debenture Trustee hereof shall be finally discharged and whether or not a receiver or a manager shall have been appointed or the trust hereof shall be in course of administration by or under the direction of the court. The Company shall promptly pay, and in any event before any interest or penalty becomes payable, the fees, duty, Taxes and charges of any nature whatsoever payable in connection with the entry into, registration, performance, enforcement or admissibility in evidence of this Deed and/or any such amendment, supplement or waiver.
Trustee Remuneration. Refers to the remuneration that the trustee collects when managing this Trust.
Trustee Remuneration. 8.2.1 The Trustee shall be entitled to a monthly remuneration out of the Fund Property based on an annual tariff of charges annexed hereto (Annexure C), which shall be applied to the average daily Net Assets during such calendar month. The remuneration shall begin to accrue from the date of close of Initial Offer. For any period other than a full calendar month such remuneration will be prorated on the basis of the actual number of days for which such remuneration has accrued for the total number of days in the calendar month concerned.
Trustee Remuneration a. The Company shall pay to the Debenture Trustee remuneration as provided for in the Debenture Trusteeship Agreement.
Trustee Remuneration. The Board of Trustees, by majority resolution and confirmed by a Resolution of the Chief and Council of the Onion Lake Cree Nation, shall from time to time determine and cause to be paid from Trust Income only the remuneration / honoraria and reimbursements reasonably payable to Trustees acting as members of the Board of Trustees, to Trustees attending any meeting of the Board of Trustees, to Trustees acting as members of any committee of the Board of Trustees, to Trustees acting as officers of the Trust, providing always that such remuneration and reimbursement be fair and reasonable.
Trustee Remuneration. The Trustee may charge and be paid out of any part of the capital or income of the Trust Fund the remuneration that the Trustee considers to be fair and reasonable. However, the maximum remuneration chargeable by the Trustee in respect of any Accounting Period must not exceed an amount equal to the maximum commission chargeable by trustee companies under the Law in respect of that Accounting Period.
Trustee Remuneration. 3.1 The Company shall pay to the Trustee remuneration as mentioned in the offer letter dated 21st October 2014, as may be amended or supplemented from time to time.
Trustee Remuneration. The Trustee will not receive any salary or remuneration from the Fund in respect of its services as Trustee unless otherwise agreed in writing between the Principal Employer and the Trustee, but nothing in this Deed will preclude any firm corporation or partnership of which the Trustee or any of its directors is a partner director shareholder related body corporate (as defined in the Corporations Law) or employee from being paid out of the Fund any proper fees or remuneration for professional or other services rendered by such firm, corporation or partnership in connection with the Fund.
Trustee Remuneration. The Trustees’ remuneration provides modest compensation for the risks and responsibilities undertaken by a Trustee of GoldTrust. Each of the Trustees, other than the Chairman, President and Chief Executive Officer who is an NEO as well as a director and President of the Administrator, was paid an annual fee of US$12,000 for service as a Trustee and a fee of US$2,000 per meeting for all Board and committee meetings attended in person or by conference telephone. Independent Trustees who attended at bullion audit inspections were paid US$2,000 per inspection. The Lead Trustee and the committee chairs each received a further annual fee of US$3,000. The aggregate fees paid by XxxxXxxxx to the Trustees, who are not employees of the Administrator, for the fiscal year ended December 31, 2014 was US$165,000. The following table shows the amount in U.S. dollars received by each such Trustee, other than Trustees who are also NEOs, for the year ended December 31, 2014: Name Fees Earned (US$) Unit-Based Awards (US$) Option-Based Awards (US$) Non-Equity Incentive Plan Compensation (US$) Pension Value (US$) All Other Compensation (US$) Total (US$) (A) (B) (C) (D) (E) (F) (G) (H) Xxxxx X. Xxxxxx $ 26,000 Xxx Xxx Xxx Xxx Xxx $ 26,000 Xxxxx X. Xxx $ 26,000 Xxx Xxx Xxx Xxx Xxx $ 26,000 Xxxxx X. Xxxxxx $ 31,000 Nil Nil Nil Nil Nil $ 31,000 Xxx X. X. McAvity $ 30,000 Nil Nil Nil Nil Nil $ 30,000 Xxxxxxx X. Xxxxxxx $ 30,000 Nil Nil Nil Nil Nil $ 30,000 Xxxxx X. Xxxxxxxx $ 22,000 Nil Nil Nil Nil Nil $ 22,000 INTEREST OF CERTAIN PERSONS IN MATERIAL TRANSACTIONS Administrative Services Agreement GoldTrust and the Administrator originally entered into the Administrative Services Agreement on April 28, 2003, which was most recently amended on the same date as the most recent amendment to the Declaration of Trust on April 24, 2008. The primary administrative responsibilities of the Administrator under the Administrative Services Agreement are to:
