{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-provisions-of-section", "type": "clause", "offset": [11, 36]}, {"key": "trustee-shall", "type": "definition", "offset": [54, 67]}, {"key": "compensation-for", "type": "clause", "offset": [119, 135]}, {"key": "recurring-services", "type": "definition", "offset": [163, 181]}, {"key": "compensation-rate", "type": "definition", "offset": [239, 256]}, {"key": "in-the-prospectus", "type": "clause", "offset": [264, 281]}, {"key": "annual-fee", "type": "definition", "offset": [335, 345]}, {"key": "basis-of", "type": "clause", "offset": [437, 445]}, {"key": "at-any-time", "type": "clause", "offset": [488, 499]}, {"key": "offering-period", "type": "definition", "offset": [519, 534]}, {"key": "the-fee", "type": "definition", "offset": [586, 593]}, {"key": "based-on", "type": "definition", "offset": [620, 628]}, {"key": "number-of-units-outstanding", "type": "clause", "offset": [633, 660]}, {"key": "day-of", "type": "clause", "offset": [683, 689]}, {"key": "each-calendar-year", "type": "definition", "offset": [690, 708]}, {"key": "at-the-end-of-the", "type": "clause", "offset": [775, 792]}, {"key": "from-time-to-time", "type": "clause", "offset": [850, 867]}, {"key": "provided-that", "type": "definition", "offset": [912, 925]}, {"key": "at-the-time", "type": "definition", "offset": [960, 971]}, {"key": "the-percentage", "type": "definition", "offset": [999, 1013]}, {"key": "the-total", "type": "clause", "offset": [1017, 1026]}, {"key": "date-hereof", "type": "clause", "offset": [1047, 1058]}, {"key": "prices-for-services", "type": "clause", "offset": [1072, 1091]}, {"key": "the-united-states", "type": "definition", "offset": [1107, 1124]}, {"key": "department-of-labor", "type": "definition", "offset": [1125, 1144]}, {"key": "consumer-price-index", "type": "definition", "offset": [1145, 1165]}, {"key": "all-services", "type": "clause", "offset": [1176, 1188]}, {"key": "the-depositor", "type": "definition", "offset": [1464, 1477]}, {"key": "by-the-trustee", "type": "clause", "offset": [1532, 1546]}, {"key": "capital-accounts", "type": "definition", "offset": [1570, 1586]}, {"key": "to-provide", "type": "definition", "offset": [1660, 1670]}, {"key": "as-trustee", "type": "clause", "offset": [1730, 1740]}, {"key": "pursuant-to", "type": "definition", "offset": [1741, 1752]}], "snippet": "Subject to the provisions of Section 3.14 hereof, the Trustee shall receive at the times set forth in Section 3.05, as compensation for performing ordinary normal recurring services under this Indenture, an amount calculated at the annual compensation rate stated in the Prospectus. The Trustee shall charge a pro rated portion of its annual fee at the times specified in Section 3.05, which pro rated portion shall be calculated on the basis of the largest number of Units in such Trust at any time during the primary offering period. After the primary offering period has terminated, the fee shall accrue daily and be based on the number of Units outstanding on the first business day of each calendar year in which the fee is calculated or the number of Units outstanding at the end of the primary offering period, as appropriate. The Trustee may from time to time adjust its compensation as set forth above, provided that total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase, after the date hereof, in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled \"All Services Less Rent,\" or, if such index shall cease to be published, then as measured by the available index most nearly comparable to such index. The consent or concurrence of any Unitholder hereunder shall not be required for any such adjustment or increase, however, the consent of the Depositor shall be required. Such compensation shall be charged by the Trustee against the Income and Capital Accounts of each Trust; provided, however, that such compensation shall be deemed to provide only for the usual, normal and proper functions undertaken as Trustee pursuant to this Indenture.\n(23) Section 2.03 is hereby amended and replaced in its entirety with the following:", "size": 2202, "samples": [{"hash": "heDeUOPWC81", "uri": "/contracts/heDeUOPWC81#compensation", "label": "Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2001)", "score": 28.2423000336, "published": true}, {"hash": "gz1od0STwcs", "uri": "/contracts/gz1od0STwcs#compensation", "label": "Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1998)", "score": 28.2039699554, "published": true}, {"hash": "8hwDjWncohy", "uri": "/contracts/8hwDjWncohy#compensation", "label": "Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1999)", "score": 28.2039699554, "published": true}], "hash": "99e61b0172e18596eaa131f6a4640d3d", "id": 2}, {"snippet_links": [{"key": "the-advisor", "type": "definition", "offset": [0, 11]}, {"key": "the-sub", "type": "clause", "offset": [29, 36]}, {"key": "services-to-be-furnished", "type": "clause", "offset": [76, 100]}], "snippet": "The Advisor shall compensate the Sub-Advisor on the following basis for the services to be furnished hereunder.", "size": 2024, "samples": [{"hash": "l23QoExkqCF", "uri": "/contracts/l23QoExkqCF#compensation", "label": "Sub Advisory Agreement (Fidelity Cherry Street Trust)", "score": 33.2395629883, "published": true}, {"hash": "jHaIMvKNgZ", "uri": "/contracts/jHaIMvKNgZ#compensation", "label": "Sub Advisory Agreement (Fidelity Cherry Street Trust)", "score": 33.2395629883, "published": true}, {"hash": "9gqi4iu5w5", "uri": "/contracts/9gqi4iu5w5#compensation", "label": "Sub Advisory Agreement (Fidelity Cherry Street Trust)", "score": 33.2395629883, "published": true}], "hash": "e7c284936da3f78146e859bd72f02a54", "id": 3}, {"snippet_links": [{"key": "compensation-for", "type": "clause", "offset": [92, 108]}, {"key": "performing-portfolio", "type": "definition", "offset": [109, 129]}, {"key": "supervisory-services", "type": "definition", "offset": [130, 150]}, {"key": "evaluation-services", "type": "clause", "offset": [196, 215]}, {"key": "as-specified", "type": "clause", "offset": [250, 262]}, {"key": "the-prospectus", "type": "definition", "offset": [263, 277]}, {"key": "reference-trust-agreement", "type": "definition", "offset": [285, 310]}, {"key": "basis-of", "type": "clause", "offset": [460, 468]}, {"key": "number-of-units-outstanding", "type": "clause", "offset": [481, 508]}, {"key": "at-any-time", "type": "clause", "offset": [509, 520]}, {"key": "during-the-period", "type": "clause", "offset": [521, 538]}, {"key": "received-by", "type": "definition", "offset": [629, 640]}, {"key": "services-rendered", "type": "clause", "offset": [659, 676]}, {"key": "calendar-year", "type": "clause", "offset": [731, 744]}, {"key": "aggregate-cost", "type": "definition", "offset": [756, 770]}, {"key": "by-the-trustee", "type": "clause", "offset": [847, 861]}, {"key": "from-time-to-time", "type": "clause", "offset": [862, 879]}, {"key": "approval-of", "type": "clause", "offset": [904, 915]}, {"key": "period-from", "type": "definition", "offset": [1013, 1024]}, {"key": "date-of", "type": "clause", "offset": [1029, 1036]}, {"key": "agreement-to", "type": "definition", "offset": [1076, 1088]}, {"key": "all-services", "type": "clause", "offset": [1185, 1197]}, {"key": "the-consumer-price-index", "type": "definition", "offset": [1212, 1236]}, {"key": "the-united-states", "type": "definition", "offset": [1250, 1267]}, {"key": "department-of-labor", "type": "definition", "offset": [1268, 1287]}, {"key": "in-the-event", "type": "clause", "offset": [1347, 1359]}, {"key": "compensation-paid", "type": "clause", "offset": [1383, 1400]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [1418, 1438]}, {"key": "final-judgment", "type": "definition", "offset": [1620, 1634]}, {"key": "of-the-trust", "type": "clause", "offset": [1662, 1674]}, {"key": "final-settlement", "type": "clause", "offset": [1779, 1795]}, {"key": "to-reimburse", "type": "definition", "offset": [1841, 1853]}, {"key": "replaced-with", "type": "clause", "offset": [1997, 2010]}], "snippet": "The Depositor shall receive at the times set forth in Sections 3.05, 3.18, 3.23 and 4.03 as compensation for performing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services, such amount and for such periods as specified the Prospectus and/or Reference Trust Agreement. The compensation for providing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services shall be made on the basis of the largest number of units outstanding at any time during the period for which such compensation is being computed. At no time, however, will the total amount received by the Depositor for services rendered to all series of Guggenheim Defined Portfolios in any calendar year exceed the aggregate cost to them of supplying such services in such year. Such rate may be increased by the Trustee from time to time, without the consent or approval of any Unitholder, or the Depositor, by amounts not exceeding the proportionate increase during the period from the date of such Prospectus and/or Reference Trust Agreement to the date of any such increase, in consumer prices as published either under the classification \"All Services Less Rent\" in the Consumer Price Index published by the United States Department of Labor or, IF such Index is no longer published, a similar index. In the event that any amount of the compensation paid to the Depositor pursuant to Sections 3.05, 3.18 and 3.23 and 4.03 is found to be an improper charge against a Trust, the Depositor shall reimburse the Trust in such amount. An improper charge shall be established if a final judgment or order for reimbursement of the Trust shall be rendered against the Depositor and such judgment or order shall not be effectively stayed or a final settlement is established in which the Depositor agrees to reimburse the Trust for amounts paid to the Depositor pursuant to this Section 7.05.\n(15) The first two sentences of Section 3.22 are hereby amended and replaced with the following:", "size": 2410, "samples": [{"hash": "heDeUOPWC81", "uri": "/contracts/heDeUOPWC81#compensation", "label": "Reference Trust Agreement (Guggenheim Defined Portfolios, Series 2001)", "score": 28.2423000336, "published": true}, {"hash": "gz1od0STwcs", "uri": "/contracts/gz1od0STwcs#compensation", "label": "Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1998)", "score": 28.2039699554, "published": true}, {"hash": "8hwDjWncohy", "uri": "/contracts/8hwDjWncohy#compensation", "label": "Reference Trust Agreement (Guggenheim Defined Portfolios, Series 1999)", "score": 28.2039699554, "published": true}], "hash": "803f412fc0826ad93d31a6fcebc682a4", "id": 1}, {"snippet_links": [{"key": "the-trustees", "type": "clause", "offset": [0, 12]}, {"key": "reasonable-compensation", "type": "definition", "offset": [42, 65]}, {"key": "employment-of", "type": "clause", "offset": [176, 189]}, {"key": "investment-banking", "type": "definition", "offset": [247, 265]}, {"key": "payment-for-the", "type": "clause", "offset": [288, 303]}, {"key": "by-the-trust", "type": "clause", "offset": [309, 321]}], "snippet": "The Trustees as such shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for the same by the Trust.", "size": 1101, "samples": [{"hash": "5v6lgwlrlgU", "uri": "/contracts/5v6lgwlrlgU#compensation", "label": "Agreement and Declaration of Trust (First Eagle ETF Trust)", "score": 37.2874755859, "published": true}, {"hash": "7jUPgBWtjPj", "uri": "/contracts/7jUPgBWtjPj#compensation", "label": "Agreement and Declaration of Trust (First Eagle ETF Trust)", "score": 36.9726219177, "published": true}, {"hash": "eDoEjV1wbuk", "uri": "/contracts/eDoEjV1wbuk#compensation", "label": "Agreement and Declaration of Trust (First Eagle Completion Fund Trust)", "score": 36.8028755188, "published": true}], "hash": "7b727681515046c68f57e0fadbbe3dad", "id": 4}, {"snippet_links": [{"key": "the-allottee", "type": "clause", "offset": [30, 42]}, {"key": "in-case-of", "type": "clause", "offset": [43, 53]}, {"key": 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"label": "Sale Agreement", "score": 35.3935585022, "published": true}, {"hash": "7RSOEmbWF9j", "uri": "/contracts/7RSOEmbWF9j#compensation", "label": "Agreement for Sale", "score": 34.0596084595, "published": true}], "hash": "c7b940493e98286d3abfe9f875975f4f", "id": 6}, {"snippet_links": [{"key": "the-sub", "type": "clause", "offset": [0, 7]}, {"key": "services-rendered", "type": "clause", "offset": [45, 62]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [63, 89]}, {"key": "in-accordance-with", "type": "definition", "offset": [90, 108]}, {"key": "the-terms", "type": "definition", "offset": [109, 118]}, {"key": "schedule-a", "type": "definition", "offset": [132, 142]}], "snippet": "The Sub-Adviser shall be compensated for the services rendered pursuant to this Agreement in accordance with the terms set forth on Schedule A attached hereto.", "size": 741, "samples": [{"hash": "ks25YnKfK8E", "uri": "/contracts/ks25YnKfK8E#compensation", "label": "Investment Sub 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"etd7H7uy3m1", "uri": "/contracts/etd7H7uy3m1#compensation", "label": "Collective Agreement", "score": 36.2112045288, "published": true}, {"hash": "48IYeB2chgE", "uri": "/contracts/48IYeB2chgE#compensation", "label": "Collective Agreement", "score": 36.1802101135, "published": true}], "hash": "cba17260cfaefd7f6843b9121e121a87", "id": 5}, {"snippet_links": [{"key": "escrow-agent-shall", "type": "clause", "offset": [4, 22]}, {"key": "reasonable-compensation", "type": "definition", "offset": [38, 61]}, {"key": "from-the-company", "type": "clause", "offset": [62, 78]}, {"key": "services-rendered", "type": "clause", "offset": [87, 104]}, {"key": "expenses-paid", "type": "clause", "offset": [204, 217]}, {"key": "administration-of", "type": "clause", "offset": [243, 260]}, {"key": "not-limited", "type": "clause", "offset": [297, 308]}, {"key": "fees-and-disbursements", "type": "clause", "offset": [348, 370]}, {"key": "taxes-or-other-governmental-charges", "type": "clause", "offset": [379, 414]}], "snippet": "The Escrow Agent shall be entitled to reasonable compensation from the Company for all services rendered by it hereunder. The Escrow Agent shall also be entitled to reimbursement from the Company for all expenses paid or incurred by it in the administration of its duties hereunder including, but not limited to, all counsel, advisors\u2019 and agents\u2019 fees and disbursements and all taxes or other governmental charges.", "size": 899, "samples": [{"hash": "leSVQGjXq2i", "uri": "/contracts/leSVQGjXq2i#compensation", "label": "Share Escrow Agreement (West Enclave Merger Corp.)", "score": 35.3367538452, "published": true}, {"hash": "9HR2UFCPSXZ", "uri": "/contracts/9HR2UFCPSXZ#compensation", "label": "Share Escrow Agreement (AfterNext Acquisition I Corp.)", "score": 35.2108154297, "published": true}, {"hash": "hJ19NJ5GexW", "uri": "/contracts/hJ19NJ5GexW#compensation", "label": "Share Escrow Agreement (West Enclave Merger Corp.)", "score": 35.1834373474, "published": true}], "hash": "6150634c4ac73b844df5ec823b78ff22", "id": 7}, {"snippet_links": [{"key": "the-allottee", "type": "clause", "offset": [30, 42]}, {"key": "in-case-of", "type": "clause", "offset": [43, 53]}, {"key": "any-loss", "type": "definition", "offset": [54, 62]}, {"key": "the-land", "type": "clause", "offset": [103, 111]}, {"key": "the-project", "type": "definition", "offset": [122, 133]}, {"key": "claim-for-compensation", "type": "clause", "offset": [224, 246]}, {"key": "in-force", "type": "definition", "offset": [342, 350]}, {"key": "occurrence-of-a-force-majeure-event", "type": "clause", "offset": [363, 398]}, {"key": "possession-of-the", "type": "clause", "offset": [455, 472]}, {"key": "in-accordance-with", "type": "definition", "offset": [494, 512]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [517, 540]}, {"key": "completed-by", "type": "clause", "offset": [547, 559]}, {"key": "registration-under-the-act", "type": "clause", "offset": [694, 720]}, {"key": "for-any-other-reason", "type": "clause", "offset": [725, 745]}, {"key": "on-demand", "type": "clause", "offset": [777, 786]}, {"key": "without-prejudice-to-any", "type": "clause", "offset": [863, 887]}, {"key": "other-remedy", "type": "clause", "offset": [888, 900]}, {"key": "received-by", "type": "definition", "offset": [939, 950]}, {"key": "in-respect-of", "type": "clause", "offset": [955, 968]}, {"key": "with-interest", "type": "definition", "offset": [991, 1004]}, {"key": "the-rate", "type": "definition", "offset": [1008, 1016]}, {"key": "the-rules", "type": "clause", "offset": [1030, 1039]}, {"key": "provided-that", "type": "definition", "offset": [1119, 1132]}, {"key": "handing-over", "type": "clause", "offset": [1316, 1328]}], "snippet": "The Promoter shall compensate the Allottee in case of any loss caused to him due to defective title of the land, on which the project is being developed or has been developed, in the manner as provided under the Act and the claim for compensation under this section shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the [Apartment/Plot] (i) in accordance with the terms of this Agreement, duly completed by the date specified herein; or (ii) due to discontinuance of his business as a developer on account of suspension or revocation of the registration under the Act; or for any other reason; the Promoter shall be liable, on demand to the allottees, in case the Allottee wishes to withdraw from the Project, without prejudice to any other remedy available, to return the total amount received by him in respect of the [Apartment/Plot], with interest at the rate specified in the Rules within 45 days including compensation in the manner as provided under the Act. Provided that where if the Allottee does not intend to withdraw from the Project, the Promoter shall pay the Allottee interest at the rate specified in the Rules for every month of delay, till the handing over of the possession of the [Apartment/Plot].", "size": 869, "samples": [{"hash": "4eljR1XQSl5", "uri": "/contracts/4eljR1XQSl5#compensation", "label": "Agreement for Sale", "score": 36.021572113, "published": true}, {"hash": "4k0qnVn7fSd", "uri": "/contracts/4k0qnVn7fSd#compensation", "label": "Agreement for Allotment of Apartment", "score": 34.9502372742, "published": true}, {"hash": "g4GkB1lQSfo", "uri": "/contracts/g4GkB1lQSfo#compensation", "label": "Sale Agreement", "score": 34.1246986389, "published": true}], "hash": "041dec4c504603c894050f60b8325353", "id": 8}, {"snippet_links": [{"key": "services-performed", "type": "clause", "offset": [4, 22]}, {"key": "trustee-shall", "type": "definition", "offset": [48, 61]}, {"key": "annual-rate", "type": "definition", "offset": [82, 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"offset": [867, 884]}, {"key": "provided-that", "type": "definition", "offset": [928, 941]}, {"key": "at-the-time", "type": "definition", "offset": [976, 987]}, {"key": "the-percentage", "type": "definition", "offset": [1015, 1029]}, {"key": "the-total", "type": "clause", "offset": [1033, 1042]}, {"key": "date-hereof", "type": "clause", "offset": [1063, 1074]}, {"key": "prices-for-services", "type": "clause", "offset": [1088, 1107]}, {"key": "the-united-states", "type": "definition", "offset": [1123, 1140]}, {"key": "department-of-labor", "type": "definition", "offset": [1141, 1160]}, {"key": "consumer-price-index", "type": "definition", "offset": [1161, 1181]}, {"key": "all-services", "type": "clause", "offset": [1192, 1204]}, {"key": "by-the-trustee", "type": "clause", "offset": [1467, 1481]}, {"key": "capital-accounts", "type": "definition", "offset": [1514, 1530]}, {"key": "to-provide", "type": "definition", "offset": [1643, 1653]}, {"key": "as-trustee", "type": "clause", "offset": [1713, 1723]}, {"key": "expenses-and-disbursements", "type": "definition", "offset": [1844, 1870]}, {"key": "license-fees", "type": "definition", "offset": [1901, 1913]}, {"key": "expenses-incurred", "type": "definition", "offset": [1923, 1940]}, {"key": "the-prospectus", "type": "definition", "offset": [2034, 2048]}, {"key": "extraordinary-services", "type": "definition", "offset": [2103, 2125]}, {"key": "performed-by", "type": "clause", "offset": [2126, 2138]}, {"key": "trustee-hereunder", "type": "clause", "offset": [2143, 2160]}, {"key": "relating-to", "type": "definition", "offset": [2161, 2172]}, {"key": "held-harmless", "type": "clause", "offset": [2253, 2266]}, {"key": "any-loss", "type": "definition", "offset": [2275, 2283]}, {"key": "gross-negligence", "type": "definition", "offset": [2320, 2336]}, {"key": "bad-faith", "type": "clause", "offset": [2338, 2347]}, {"key": "willful-misconduct", "type": "clause", "offset": [2351, 2369]}, {"key": "arising-out-of", "type": "definition", "offset": [2383, 2397]}, {"key": "in-connection-with", "type": "clause", "offset": [2401, 2419]}, {"key": "the-acceptance", "type": "clause", "offset": [2420, 2434]}, {"key": "administration-of-the-trust", "type": "clause", "offset": [2438, 2465]}, {"key": "costs-and-expenses", "type": "definition", "offset": [2481, 2499]}, {"key": "counsel-fees", "type": "clause", "offset": [2511, 2523]}, {"key": "the-premises", "type": "clause", "offset": [2579, 2591]}, {"key": "cash-balances", "type": "definition", "offset": [2600, 2613]}, {"key": "provide-for", "type": "definition", "offset": [2705, 2716]}, {"key": "amounts-payable", "type": "clause", "offset": [2717, 2732]}, {"key": "power-to-sell", "type": "clause", "offset": [2791, 2804]}, {"key": "the-securities", "type": "clause", "offset": [2847, 2861]}, {"key": "to-apply", "type": "clause", "offset": [3065, 3073]}, {"key": "payment-of-the", "type": "clause", "offset": [3107, 3121]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [3169, 3209]}, {"key": "fund-shares", "type": "definition", "offset": [3263, 3274]}, {"key": "pro-rata-basis", "type": "definition", "offset": [3362, 3376]}, {"key": "securities-held", "type": "definition", "offset": [3387, 3402]}, {"key": "sale-of-securities", "type": "definition", "offset": [3524, 3542]}, {"key": "made-pursuant-to", "type": "clause", "offset": [3543, 3559]}, {"key": "to-the-trustee", "type": "clause", "offset": [3598, 3612]}, {"key": "prior-lien", "type": "definition", "offset": [3662, 3672]}, {"key": "second-paragraph", "type": "definition", "offset": [3705, 3721]}, {"key": "standard-terms-and-conditions-of-trust", "type": "clause", "offset": [3741, 3779]}, {"key": "in-the-event-of", "type": "clause", "offset": [3835, 3850]}, {"key": "termination-of-the-trust", "type": "clause", "offset": [3855, 3879]}, {"key": "prior-to-the", "type": "clause", "offset": [3880, 3892]}, {"key": "mandatory-termination-date", "type": "definition", "offset": [3893, 3919]}, {"key": "payments-and-distributions", "type": "clause", "offset": [3998, 4024]}, {"key": "the-distribution", "type": "clause", "offset": [4099, 4115]}, {"key": "pro-rata-interest", "type": "clause", "offset": [4188, 4205]}, {"key": "balance-of-the", "type": "clause", "offset": [4213, 4227]}, {"key": "capital-and-income-accounts", "type": "clause", "offset": [4237, 4264]}, {"key": "days-prior", "type": "definition", "offset": [4427, 4437]}, {"key": "notice-to", "type": "clause", "offset": [4488, 4497]}, {"key": "unitholders-of-record", "type": "definition", "offset": [4502, 4523]}, {"key": "minimum-number-of-units", "type": "clause", "offset": [4553, 4576]}, {"key": "to-receive", "type": "definition", "offset": [4678, 4688]}, {"key": "the-termination", "type": "clause", "offset": [4732, 4747]}, {"key": "duly-executed", "type": "clause", "offset": [4817, 4830]}, {"key": "requests-for", "type": "clause", "offset": [4831, 4843]}, {"key": "received-by", "type": "definition", "offset": [4866, 4877]}, {"key": "close-of-business", "type": "clause", "offset": [4882, 4899]}, {"key": "business-days", "type": "clause", "offset": [4909, 4922]}, {"key": "distribution-upon-termination", "type": "clause", "offset": [5051, 5080]}, {"key": "grantor-trust", "type": "clause", "offset": [5158, 5171]}, {"key": "within-thirty", "type": "clause", "offset": [5266, 5279]}, {"key": "fourth-paragraph", "type": "definition", "offset": [5333, 5349]}, {"key": "termination-of-a", "type": "clause", "offset": [5486, 5502]}, {"key": "daily-amounts", "type": "definition", "offset": [5624, 5637]}, {"key": "the-supervisor-shall", "type": "clause", "offset": [5641, 5661]}, {"key": "the-depositor", "type": "definition", "offset": [5670, 5683]}, {"key": "market-impact", "type": "definition", "offset": [5791, 5804]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [5806, 5835]}, {"key": "liquidation-of-options", "type": "clause", "offset": [5868, 5890]}, {"key": "expiration-of", "type": "clause", "offset": [5958, 5971]}, {"key": "best-interest", "type": "clause", "offset": [6051, 6064]}, {"key": "to-exercise", "type": "clause", "offset": [6152, 6163]}, {"key": "purchased-option", "type": "definition", "offset": [6182, 6198]}, {"key": "settlement-of-the", "type": "clause", "offset": [6222, 6239]}, {"key": "in-the-event-the", "type": "clause", "offset": [6294, 6310]}, {"key": "reasonable-period", "type": "definition", "offset": [6424, 6441]}, {"key": "sole-discretion", "type": "clause", "offset": [6484, 6499]}, {"key": "date-prior", "type": "definition", "offset": [6610, 6620]}, {"key": "sale-or-sales", "type": "definition", "offset": [7012, 7025]}, {"key": "in-accordance-with", "type": "definition", "offset": [7031, 7049]}, {"key": "exercise-of-the", "type": "clause", "offset": [7121, 7136]}, {"key": "granted-by", "type": "definition", "offset": [7148, 7158]}, {"key": "brokerage-commissions", "type": "definition", "offset": [7284, 7305]}, {"key": "amounts-received", "type": "definition", "offset": [7337, 7353]}, {"key": "sales-of-securities", "type": "clause", "offset": [7404, 7423]}, {"key": "the-capital", "type": "clause", "offset": [7445, 7456]}, {"key": "the-reserve-account", "type": "clause", "offset": [7611, 7630]}, {"key": "to-the-extent", "type": "clause", "offset": [7636, 7649]}, {"key": "not-available", "type": "clause", "offset": [7660, 7673]}, {"key": "the-income-account", "type": "clause", "offset": [7705, 7723]}, {"key": "pay-to", "type": "definition", "offset": [7866, 7872]}, {"key": "equal-to", "type": "definition", "offset": [7903, 7911]}, {"key": "sum-of", "type": "clause", "offset": [7916, 7922]}, {"key": "compensation-for", "type": "clause", "offset": [7939, 7955]}, {"key": "recurring-services", "type": "definition", "offset": [7969, 7987]}, {"key": "compensation-due", "type": "clause", "offset": [7998, 8014]}, {"key": "unpaid-fees", "type": "definition", "offset": [8448, 8459]}, {"key": "if-applicable", "type": "definition", "offset": [8520, 8533]}, {"key": "to-be-deposited", "type": "definition", "offset": [8788, 8803]}, {"key": "for-payment", "type": "clause", "offset": [8838, 8849]}, {"key": "taxes-or-other-governmental-charges", "type": "clause", "offset": [8868, 8903]}, {"key": "other-amounts", "type": "clause", "offset": [8912, 8925]}, {"key": "distribution-of-securities", "type": "clause", "offset": [9172, 9198]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [9207, 9227]}, {"key": "of-the-standard", "type": "clause", "offset": [9290, 9305]}, {"key": "the-amendments", "type": "clause", "offset": [9402, 9416]}, {"key": "changes-or-modifications", "type": "clause", "offset": [9418, 9442]}, {"key": "the-parties-hereto", "type": "clause", "offset": [9483, 9501]}, {"key": "consent-to", "type": "definition", "offset": [9540, 9550]}, {"key": "other-amendment", "type": "clause", "offset": [9555, 9570]}, {"key": "modification-of", "type": "clause", "offset": [9582, 9597]}, {"key": "giving-of-notice", "type": "clause", "offset": [9625, 9641]}, {"key": "consent-of-unitholders", "type": "clause", "offset": [9679, 9701]}, {"key": "the-units", "type": "clause", "offset": [9731, 9740]}], "snippet": "For services performed under this Indenture the Trustee shall be paid a fee at an annual rate in the amount per Unit set forth in the Trust Agreement. The Trustee shall charge a pro rated portion of its annual fee at the times specified in Section 3.05, which pro rated portion shall be calculated on the basis of the largest number of Units in such Trust at any time during the primary offering period. After the primary offering period has terminated, the fee shall accrue daily and be based on the number of Units outstanding on the first (1st) Business Day of each calendar year in which the fee is calculated or the number of Units outstanding at the end of the primary offering period, as appropriate. The annual Trustee fee shall be prorated for any calendar year in which the Trustee provides services during less than the whole of such year. The Trustee may from time to time adjust its compensation as set forth above provided that total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase, after the date hereof, in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled \u201cAll Services Less Rent of Shelter\u201d or similar index, if such index should no longer be published. The consent or concurrence of any Unitholder hereunder shall not be required for any such adjustment or increase. Such compensation shall be calculated and paid in installments by the Trustee against the Reserve, Income and Capital Accounts of each Trust at the times specified in Section 3.05; provided, however, that such compensation shall be deemed to provide only for the usual, normal and proper functions undertaken as Trustee pursuant to this Indenture. The Trustee shall also charge the Income and Capital Accounts of each Trust for any and all expenses and disbursements incurred hereunder, including license fees, if any, expenses incurred in printing and delivering quarterly, semi-annual or annual communications to Unitholders if the Prospectus so provides, legal and auditing expenses, and for any extraordinary services performed by the Trustee hereunder relating to such Trust. The Trustee shall be indemnified ratably by the affected Trusts and held harmless against any loss or liability accruing to it without gross negligence, bad faith or willful misconduct on its part, arising out of or in connection with the acceptance or administration of the trust, including the costs and expenses (including counsel fees) of defending itself against any claim of liability in the premises. If the cash balances in the Reserve, Income and Capital Accounts of the affected Trust shall be insufficient to provide for amounts payable pursuant to this Section 7.04, the Trustee shall have the power to sell (i) Securities of the affected Trust from the Securities designated to be sold pursuant to Section 6.02, or (ii) if no such Securities have been so designated, such Securities of the affected Trust as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 7.04. Notwithstanding anything to the contrary herein, if the Trustee sells or otherwise liquidates Fund Shares pursuant to this Section 7.04, the Trustee shall do so, as nearly as practicable, on a pro rata basis among all Securities held by a Trust. The Trustee shall not be liable or responsible in any way for depreciation or loss incurred by reason of any sale of Securities made pursuant to this Section 7.04. Any moneys payable to the Trustee pursuant to this Indenture shall be secured by a prior lien on the affected Trust.\u201d\n47. The second paragraph of Section 9.02 of Standard Terms and Conditions of Trust shall be replaced in its entirety with the following: \u201cIn the event of any termination of the Trust prior to the Mandatory Termination Date, the Trustee shall proceed to liquidate the Securities then held and make the payments and distributions provided for hereinafter in this Section 9.02, except that in such event, the distribution to each Unitholder shall be made in cash and shall be such Unitholder\u2019s pro rata interest in the balance of the Reserve, Capital and Income Accounts after the deductions herein provided. In the event that the Trust shall terminate on the Mandatory Termination Date, the Trustee shall, not less than thirty (30) days prior to the Mandatory Termination Date, send a written notice to all Unitholders of record. If such Unitholder owns the minimum number of Units set forth in a Trust\u2019s Prospectus, such notice shall further indicate that such Unitholder may elect to receive an In Kind Distribution in connection with the termination of such Trust (as described in Section 6.02). The Trustee will honor duly executed requests for In Kind Distributions received by the close of business ten (10) Business Days prior to the Mandatory Termination Date. Unitholders who do not effectively request an In Kind Distribution shall receive their distribution upon termination in cash. Notwithstanding anything to the contrary herein, no Unitholder of a Grantor Trust may elect to receive an In Kind Distribution in connection with the termination of such Trust within thirty (30) days of the termination of such Trust.\u201d\n48. The fourth paragraph of Section 9.02 of Standard Terms and Conditions of Trust shall be replaced in its entirety with the following: \u201cIn connection with the termination of a Trust, the Trustee will liquidate the Securities not segregated for In Kind Distributions during such period and in such daily amounts as the Supervisor shall direct. The Depositor shall direct the liquidation of the Securities in such manner as to effectuate orderly sales and a minimal market impact. Notwithstanding the foregoing, the Depositor shall direct the liquidation of Options in a Trust in an effort to liquidate all such Options prior to the expiration of such Options, provided, however, if the Depositor determines that it is in the best interest of the Trust, the Depositor may direct the Trustee to take such action as is necessary to exercise each in-the-money purchased Option and to provide for the settlement of the exercise of any written Option assigned to the Trust. In the event the Depositor does not provide directions as to the liquidation of Securities, the Securities shall be sold within a reasonable period and in such manner as the Trustee, in its sole discretion, shall determine, provided that the Trustee shall liquidate each Option position in a Trust on its expiration date prior to expiration or exercise, provided further that if any Option is not so liquidated, the Trustee shall take such action as is necessary to exercise each in-the-money purchased Option and to provide for the settlement of the exercise of any written Option assigned to the Trust. The Trustee shall not be liable for or responsible in any way for depreciation or loss incurred by reason of any sale or sales made in accordance with the Depositor\u2019s direction or, in the absence of such direction, in the exercise of the discretion granted by this Section 9.02. The Trustee shall deduct from the proceeds of these sales and pay any tax or governmental charges and any brokerage commissions in connection with such sales. Amounts received by the Trustee representing the proceeds from the sales of Securities shall be credited to the Capital Account.\u201d\n49. Section 9.02(a) through (c) of Standard Terms and Conditions of Trust shall be replaced in its entirety with the following:\n(a) deduct from the Reserve Account, or, to the extent funds are not available from the Reserve Account, from the Income Account of such Trust or, to the extent that funds are not available in the Income Account of such Trust, from the Capital Account of such Trust, and pay to itself individually an amount equal to the sum of (i) its accrued compensation for its ordinary recurring services, (ii) any compensation due it for its extraordinary services in connection with such Trust, and (iii) any costs, expenses or indemnities in connection with such Trust as provided herein;\n(b) deduct from the Reserve Account, or, to the extent funds are not available from the Reserve Account, from the Income Account of such Trust or, to the extent that funds are not available in the Income Account, from the Capital Account of such Trust, and pay accrued and unpaid fees of the Depositor and counsel (and Supervisor and Evaluator, if applicable) in connection with such Trust, if any;\n(c) deduct from the Reserve Account, or, to the extent funds are not available from the Reserve Account, from the Income Account of such Trust or the Capital Account of such Trust any amounts which may be required to be deposited in the Reserve Account to provide for payment of any applicable taxes or other governmental charges and any other amounts which may be required to meet expenses incurred under this Indenture in connection with such Trust;\u201d\n50. Notwithstanding anything to the contrary in the Standard Terms and Conditions of Trust, no Unitholder other than the Depositor may request a distribution of Securities in-kind pursuant to Sections 6.02, 6.04 or 9.02.\n51. The first sentence in Section 9.01(b) of the Standard Terms and Conditions of Trust shall be replaced in its entirety with the following: \u201cExcept for the amendments, changes or modifications as provided in Section 9.01(a), neither the parties hereto nor their respective successors shall consent to any other amendment, change or modification of this Indenture without the giving of notice and the obtaining of the approval or consent of Unitholders representing at least 80% of the Units then outstanding of the affected Trust.\u201d\n52. The first sentence in Section 9.02 of the Standard Terms and Conditions of Trust shall be replaced in its entirety with the following:", "size": 750, "samples": [{"hash": "1ZHFtZWDDdy", "uri": "/contracts/1ZHFtZWDDdy#compensation", "label": "Trust Agreement (Advisors Disciplined Trust 2334)", "score": 37.2902107239, "published": true}, {"hash": "hCGQi2vZRUn", "uri": "/contracts/hCGQi2vZRUn#compensation", "label": "Trust Agreement (Advisors Disciplined Trust 2327)", "score": 37.2080764771, "published": true}, {"hash": "4loh8ZP46SL", "uri": "/contracts/4loh8ZP46SL#compensation", "label": "Trust Agreement (Advisors Disciplined Trust 2325)", "score": 37.1533203125, "published": true}], "hash": "d5acc6969bf5f45c840ab81c8788270f", "id": 9}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVjb21wZW5zYXRpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Compensation", "parents": [["terms-of-employment", "Terms of Employment"], ["miscellaneous", "Miscellaneous"], ["compensation", "Compensation"], ["compensation-and-benefits", "Compensation and Benefits"], ["general-provisions", "General Provisions"]], "children": [["base-salary", "Base Salary"], ["expenses", "Expenses"], ["salary", "Salary"], ["bonus", "Bonus"], ["annual-bonus", "Annual Bonus"]], "size": 252367, "id": "compensation", "related": [["compensation-reimbursement", "Compensation; Reimbursement", "<strong>Compensation</strong>; Reimbursement"], ["extra-compensation", "Extra Compensation", "Extra <strong>Compensation</strong>"], ["fees-and-compensation", "Fees and Compensation", "Fees and <strong>Compensation</strong>"], ["services-and-compensation", "Services and Compensation", "Services and <strong>Compensation</strong>"], ["compensation-benefits-and-reimbursement", "Compensation Benefits and Reimbursement", "<strong>Compensation</strong> Benefits and Reimbursement"]], "related_snippets": [], "updated": "2026-05-22T04:28:58+00:00", "also_ask": ["What are the most negotiable elements in compensation clauses for each party?", "Which compensation structures best align incentives and minimize disputes?", "What drafting terms are essential to avoid ambiguity and litigation risk?", "How do compensation clauses differ across jurisdictions or industry standards?", "What factors most often lead courts to invalidate or modify compensation provisions?"], "drafting_tip": "Specify payment terms and amounts to prevent disputes; define timing and method of compensation to ensure clarity; address deductions or adjustments to avoid misunderstandings.", "explanation": "The Compensation clause defines the payment terms and conditions between the parties involved in an agreement. It typically outlines the amount to be paid, the schedule or method of payment, and any additional expenses or reimbursements that may be covered. For example, it may specify hourly rates, fixed fees, or performance-based bonuses, and clarify when invoices must be submitted and paid. This clause ensures both parties have a clear understanding of financial obligations, reducing the risk of disputes over payment and helping to maintain a fair and transparent business relationship."}, "json": true, "cursor": ""}}