Common use of Account Service Fees Clause in Contracts

Account Service Fees. A. Complex Minimum Fee Year 1 $100,000 per year Year 2-5 $200,000 per year B. Account and Processing Fees Compared to Minimum: Open Account Fee 0 – 10,000 $28.00 per acct per year 10,000 – 20,000 $26.00 per acct per year > 20,000 $24.00 per acct per year Closed Account Fee $1.80 per acct per year New Account Setup Fee $15.00 per NASU Phone Calls $5.00 per call Manual Correspondence $5.00 per item Non-Standard Processing Fee $2.00 per item Base Fee Year 1 $48,000 per year Year 2 $60,000 per year Years 3-5 $72,000 per year