Common use of Compensation to Manager Clause in Contracts

Compensation to Manager. In consideration of the services to be performed by Manager pursuant to the terms of this Contract, the Client will pay to Manager compensation in accordance with the attached Schedule A, Part II based upon the value of the funds, securities and other assets subject to this Contract, as of the calendar quarter end, which compensation will be charged quarterly in arrears directly to the Client. Securities and other assets will, for purpose of determining compensation to Manager, be valued at market value or, in absence of market value, at fair value as determined in good faith by Manager.