Common use of Adviser Compensation Clause in Contracts

Adviser Compensation. a. Adviser’s annual fee for investment management services provided under this Agreement is in accordance with the fee schedule annexed hereto and made a part hereof as ‘Exhibit A’. Details related to payment of the fee are included at ‘Exhibit A’. Additionally, No increase in the annual fee shall be effective without written consent from the Client; b. Unless Client pays Adviser directly for its services (in which event Adviser’s fee is due and payable upon receipt of Adviser’s billing invoice), Client authorizes the custodian of the Assets to charge the Account for the amount of Adviser’s fee and to remit such fee to Adviser in accordance with required regulatory procedures; c. In addition to Adviser’s annual investment management fee, Client shall also incur, relative to all mutual fund and exchange traded fund ("ETF") purchases, charges imposed directly at the mutual fund or ETF level (e.g. advisory fees and other fund expenses); and, d. No portion of Adviser's Compensation shall be performance based (capital gains or capital appreciation of the Assets) except as provided for under relevant state law. e. Client may authorize, by initialing and dating the designated space, automatic deduction of AMC Wealth Management, LLC’s advisory fee by the custodian. Initials: Date: Initials: Date: f. Lower fees for comparable services may or may not be available from other sources.