Compensation of the Advisor. a) As compensation for the services rendered and obligations assumed hereunder by the Advisor, the Trust shall pay to the Advisor monthly a fee that is equal on an annual basis to that percentage of the average daily net assets of each Fund set forth on Schedule 1 attached hereto (and with respect to any future Fund, such percentage as the Trust and the Advisor may agree to from time to time). Such fee shall be computed and accrued daily. If the Advisor serves as investment advisor for less than the whole of any period specified in this Section 4a, the compensation to the Advisor shall be prorated. For purposes of calculating the Advisor's fee, the daily value of each Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of that Fund.
Appears in 27 contracts
Samples: Investment Advisory Agreement (Touchstone Investment Trust), Sub Advisory Agreement (Touchstone Tax Free Trust), Investment Advisory Agreement (Countrywide Strategic Trust)
Compensation of the Advisor. a) As compensation for the services rendered and obligations assumed hereunder by the Advisor, the Trust shall pay to the Advisor monthly a fee that is equal on an annual basis to that percentage of the average daily net assets of each Fund Portfolio set forth on Schedule 1 attached hereto (and with respect to any future FundPortfolio, such percentage as the Trust and the Advisor may agree to from time to time). Such fee shall be computed and accrued daily. If the Advisor serves as investment advisor for less than the whole of any period specified in this Section 4a, the compensation to the Advisor shall be prorated. For purposes of calculating the Advisor's fee, the daily value of each FundPortfolio's net assets shall be computed by the same method as the Trust uses to compute the net asset value of that FundPortfolio.
Appears in 6 contracts
Samples: Investment Advisory Agreement (Select Advisors Portfolios), Investment Advisory Agreement (Western Southern Life Assurance Co Separate Account 1), Investment Advisory Agreement (Select Advisors Variable Insurance Trust)
Compensation of the Advisor. a) As compensation for the services rendered and obligations assumed hereunder by the Advisor, the Trust shall pay to the Advisor monthly a fee that is equal on an annual basis to that percentage of the average daily net assets of each Fund set forth on Schedule 1 attached hereto (and with respect to any future Fund, such percentage as the Trust and the Advisor may agree to from time to time). Such fee shall be computed and accrued daily. If the Advisor serves as investment advisor for less than the whole of any period specified in this Section 4a, the compensation to the Advisor shall be prorated. For purposes of calculating the Advisor's fee, the daily value of each Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of that Fund.the
Appears in 2 contracts
Samples: Investment Advisory Agreement (Select Advisors Variable Insurance Trust), Investment Advisory Agreement (Select Advisors Variable Insurance Trust)
Compensation of the Advisor. a) As compensation for the services rendered and obligations assumed hereunder by the Advisor, the Trust shall pay to the Advisor monthly a fee that is equal on an annual basis to that percentage of the average daily net assets of each Fund Portfolio set forth on Schedule 1 attached hereto (and with respect to any future FundPortfolio, such percentage as the Trust and the Advisor may agree to from time to time). Such fee shall be computed and accrued daily. If the Advisor serves as investment advisor for less than the whole of any period specified in this Section 4a, the compensation to the Advisor shall be prorated. For purposes of calculating the Advisor's fee, the daily value of each FundPortfolio's net assets shall be computed by the same method as the Trust uses to compute the net asset value of that Fund.same
Appears in 1 contract
Samples: Investment Advisory Agreement (Select Advisors Portfolios)
