Common use of Performance Measurement Periods Clause in Contracts

Performance Measurement Periods. For the period from May 1, 2007 through April 30, 2008, the Money Manager will be paid at the Base Rate, without regard to any Performance Adjustment. Thereafter, the Performance Measurement Period shall equal the 12-month period prior to and including the month for which the fee is being calculated. The 12-month comparison period will roll over with each succeeding month, so that it will always equal 12 months, ending with the month for which the performance incentive adjustment is being computed.

Appears in 3 contracts

Sources: Money Manager Agreement (Accessor Funds Inc), Money Manager Agreement (Accessor Funds Inc), Money Manager Agreement (Accessor Funds Inc)