Recordkeeping Fees. The Distributor agrees to pay or cause to be paid to GWFS an annual fee of 0.00% of the average aggregate daily net asset value of shares of the Trust or its Portfolios held in Omnibus Accounts. Such fee shall be paid in arrears, quarterly. Each quarterly fee will be determined based on assets in the accounts and each quarterly fee will be independent of every other quarterly fee.
Appears in 2 contracts
Sources: Trust Participation Agreement (COLI VUL-2 Series Account of Great-West Life & Annuity Insurance Co of New York), Trust Participation Agreement (Coli Vul 2 Series Account)