Compensation of the Investment Adviser. In consideration of the services to be rendered by the Investment Adviser under this Agreement, the Trust shall pay the Investment Adviser a fee accrued daily and paid monthly from the Series at an annual rate equal to that specified in Exhibit A to this Agreement for the Series’ average daily net assets. The fee for any period in which the Investment Adviser serves as investment adviser pursuant to this Agreement for less than one full month shall be paid for that portion of the month accrued. For purposes of calculating fees, the value of the net assets of the Series shall be computed in the manner specified in its Registration Statement on Form N-1A.
Appears in 4 contracts
Samples: Investment Advisory Agreement (Excelsior Funds Trust), Investment Advisory Agreement (Excelsior Funds Trust), Investment Advisory Agreement (Excelsior Funds Trust)
