Common use of Change in Compensation Clause in Contracts

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

Appears in 26 contracts

Sources: Etf Consulting Agreement (Rayliant Funds Trust), Consulting Agreement (Exchange Place Advisors Trust), Consulting Agreement (Dupree Mutual Funds)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement. Any attempt by the Board to reduce the salary of the Chief Compliance Officer would be contrary to the terms of this Agreement.

Appears in 17 contracts

Sources: Consulting Agreement (North Country Funds), Consulting Agreement (North Country Funds), Consulting Agreement (Northern Lights Fund Trust)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust Fund will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

Appears in 13 contracts

Sources: Consulting Agreement (Origin Real Estate Credit Fund), Consulting Agreement (North Square Evanston Multi-Alpha Fund), Consulting Agreement (Dynamic Alternatives Fund)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then either the fees paid to NLCS by the Trust will increase proportionately or the Trust will separately compensate the Chief Compliance Officer for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement. Otherwise, the Board may directly increase the fees paid to NLCS via an amendment to this Agreement. Any attempt by the Board to reduce the salary of the Chief Compliance Officer would be contrary to the terms of this Agreement.

Appears in 9 contracts

Sources: Consulting Agreement (Advisorone Funds), Consulting Agreement (Miller Investment Trust), Consulting Agreement (Miller Investment Trust)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust Company will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

Appears in 2 contracts

Sources: Consulting Agreement (Boyar Value Fund Inc), Etf Consulting Agreement (Humankind Benefit Corp)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Adviser or the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

Appears in 2 contracts

Sources: Consulting Agreement (VELA Funds), Consulting Agreement (VELA Funds)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s 's compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately prop01iionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

Appears in 1 contract

Sources: Consulting Agreement (Two Roads Shared Trust)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement, provided that NLCS shall pass through any such amounts approved by the Board directly to the Chief Compliance Officer.

Appears in 1 contract

Sources: Consulting Agreement (CRM Mutual Fund Trust)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.. D.

Appears in 1 contract

Sources: Consulting Agreement (DGI Investment Trust)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust each Company will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.

Appears in 1 contract

Sources: Consulting Agreement (Atlas U.S. Government Money Market Fund, Inc.)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust Company will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement. Any attempt by the Board to reduce the salary of the Chief Compliance Officer would be contrary to the terms of this Agreement.

Appears in 1 contract

Sources: Consulting Agreement (Santa Barbara Group of Mutual Funds Inc)

Change in Compensation. If the Board decides to increase the Chief Compliance Officer’s compensation or provide a bonus to the Chief Compliance Officer, then the fees paid to NLCS by the Trust will increase proportionately for any amounts it deems due to the Chief Compliance Officer above the amounts due to NLCS under this Agreement.. ·

Appears in 1 contract

Sources: Consulting Agreement (Dupree Mutual Funds)