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 FCS by the Fund will increase proportionately or the Fund will separately compensate the Chief Compliance Officer for any amounts it deems due to the Chief Compliance Officer above the amounts due to FCS under this Agreement. Otherwise, the Board may directly increase the fees paid to FCS 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 2 contracts
Samples: Consulting Agreement (Boyar Value Fund Inc), Consulting Agreement (Boyar Value 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 either the fees paid to FCS by the Fund Trust will increase proportionately or the Fund Trust will separately compensate the Chief Compliance Officer for any amounts it deems due to the Chief Compliance Officer above the amounts due to FCS under this Agreement. Otherwise, the Board may directly increase the fees paid to FCS 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 2 contracts
Samples: Consulting Agreement (Equipointe Funds), Consulting Agreement (Miller Investment Trust)