Trust compensation Clause Samples

Trust compensation. 信託報酬 1.19.1 The Settlor agrees the trust compensation charged by the Trustee for investment in an offshore fund is as follows, provided the trust compensation and related fees charged by the Trustee for investment in back-end loads funds are governed by the Special Provisions of Back-end Lads Funds. 投資於境外基金時，委託人同意受託人收取之信託報酬如下，惟投資於後收型基金時，受託人收取之信託報酬及相關費用，另依本行後收型基金投資費用暨特約事項為之。 1.19.1.1 Trust fee (subscription fee): 19.1.1(a) Fee schedule: Not more than 3% for offshore funds (Front-end Loads Funds), provided the fee schedule will be as advised by the fund company if the fund company considers the Settlor to be engaging in short-term trading and charges a higher repurchase fee. 19.1.1(b) Calculation: The principal of the trust multiplied by the applicable rate 計算方法：以信託本金乘上費率計算之。 19.1.1(c) Payment schedule and terms: Payable in a lump sum upon subscription, by the Settlor to the Trustee. 支付時間及方法：於申購時一次給付，由委託人給付予受託人。
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Trust compensation. Other expenses incurred for handling trust affairs (hereinafter collectively referred to as “Trust Management Fees”), including but not limited to the following:
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Trust compensation. 信託報酬 1.19.1 The Settlor agrees the trust compensation charged by the Trustee for investment in an offshore fund is as follows. 投資於境外基金時，委託人同意受託人收取之信託報酬如下。 1.19.1.1 Trust fee (subscription fee): 19.1.1(a) Fee schedule: Not more than 3% for offshore funds (Front-end Loads Funds), provided the fee schedule will be as advised by the fund company if the fund company considers the Settlor to be engaging in short-term trading and charges a higher repurchase fee. 19.1.1(b) Calculation: The principal of the trust multiplied by the applicable rate 計算方法：以信託本金乘上費率計算之。 19.1.1(c) Payment schedule and terms: Payable in a lump sum upon subscription, by the Settlor to the Trustee. 支付時間及方法：於申購時一次給付，由委託人給付予受託人。
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Related to Trust compensation

  • Trustee Compensation The Trustees as such shall be entitled to reasonable compensation from the Trust. They may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, administrative, legal, accounting, investment banking, underwriting, brokerage, or investment dealer or other services and the payment for the same by the Trust.

  • Compensation of Custodian The Custodian shall be entitled to reasonable compensation for its services and expenses as Custodian, as agreed upon from time to time between each Fund on behalf of each applicable Portfolio and the Custodian.

  • Trustee’s Compensation The Trustee shall be entitled to the compensation set forth in the letter agreement between the Purchasers and the Trustee dated as of September 18, 2018, as may be amended from time to time.

  • Compensation of Trustee Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be paid a reasonable fee from the Trust Estate based on the amount of time expended by such Trustee in carrying out his or her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be published.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows: (a) The Manager shall (i) receive an annual cash base salary, payable not less frequently than semi-monthly, which is not less than the annualized cash base salary payable to Manager as of the Effective Date; (ii) be entitled to at least as favorable annual incentive award opportunity under the Company's annual incentive compensation plan as he did in the calendar year immediately prior to the year in which the Change of Control Event occurs; and (iii) be eligible to participate in all of the Company's long-term incentive compensation plans and programs on terms that are at least as favorable to the Manager as provided to the Manager in the four calendar years prior to the Effective Date. (b) The Manager shall be entitled to receive fringe benefits, employee benefits, and perquisites (including, but not limited to, vacation, medical, disability, dental, and life insurance benefits) which are at least as favorable to those made generally available as of the Effective Date to all of the Company's salaried managers as a group. In addition, the Manager shall be eligible to participate in the Company's Supplemental Retirement Income Program ("SRIP"). (c) Notwithstanding any other provision of this Agreement (whether in this Section 4, in Section 6, or elsewhere), (i) the Board of Directors may authorize an increase in the amount, duration, and nature of and/or the acceleration of any compensation or benefits payable under this Agreement, as well as waive or reduce the requirements for entitlement thereto and (ii) the Company may deduct from amounts otherwise payable to the Manager such amounts as it reasonably believes it is required to withhold for the payment of federal, state, and local taxes.