Distribution and Service Fees. In addition to the Dealer Commissions, the Dealer shall receive quarterly Distribution and/or Service Fees, equal to a percentage of average daily net assets attributable to Shares held in accounts by customers for whom the Dealer is the holder or agent of record or with whom the Dealer maintains a servicing relationship in accordance with the following table:
Distribution and Service Fees. The fees, if any, payable pursuant to any plan heretofore or hereafter adopted by the Portfolio pursuant to Rule 12b-1 under the Act;
Distribution and Service Fees. In addition to the Dealer Commissions, the Dealer shall receive quarterly Distribution and/or Service Fees, equal to a percentage of average daily net assets attributable to Shares held in accounts by customers for whom the Dealer is the holder or agent of record or with whom the Dealer maintains a servicing relationship in accordance with the following table: Quarterly Quarterly Distribution Fee Service Fee ---------------- ----------- CLASS C CLASS A CLASS B CLASS C ------- ------- ------- -------- 1/4 of .75% 1/4 of .25% 1/4 of .25% 1/4 of .25% No Service Fee will be paid on an account unless or until the assets have been in the account for 15 months or longer. Distribution Fees are not subject to the 15 month retention requirement.
Distribution and Service Fees. Subject to and in accordance with the terms of the Prospectus and the Distribution and Service Plan, if any, adopted by resolution of the Fund’s board of trustees (the “Board”) which operates in a manner consistent with Rule 12b-1 under the 1940 Act, Distributor may pay financial institutions with which Distributor has entered into an agreement in substantially the form annexed hereto as Appendix A, or such other form as may be approved from time to time by the Board, such fees as may be determined in accordance with such fee agreement, for distribution, shareholder or administrative services, as described therein. With respect to such payments to Dealer, Distributor shall have only the obligation to make payments to Dealer after, for as long as, and to the extent that Distributor receives from the Fund an amount equivalent to the amount payable to Dealer. If applicable, Dealer hereby authorizes Distributor to pay Dealer’s designated clearing agent (“Clearing Agent”) such fees set forth under this section on Dealer’s behalf. In such case, Dealer acknowledges and agrees that after Distributor has made payment of such fees to Dealer’s Clearing Agent on Dealer’s behalf: (i) Dealer’s Clearing Agent is solely responsible and liable for direct payment of such fees to Dealer, and Distributor will not pay Dealer directly, (ii) Distributor cannot guarantee payment by Dealer’s Clearing Agent of such fees to Dealer, and (iii) should Dealer not receive payment of such fees from Dealer’s Clearing Agent for any reason, Dealer’s sole recourse is against Dealer’s Clearing Agent.
Distribution and Service Fees. In addition to the Dealer Commissions, the Dealer shall receive quarterly Distribution and/or Service Fees, equal to a percentage of average daily net assets attributable to Shares held in accounts by customers for whom the Dealer is the holder or agent of record or with whom the Dealer maintains a servicing relationship in accordance with the following table: DISTRIBUTION FEES SERVICE FEES ----------------- ------------ CLASS A CLASS C CLASS B CLASS C ------- ------- ------- ------- 1/4 of .25% 1/4 of .75% 1/4 of .25% 1/4 of .25%
Distribution and Service Fees. The following fees are due and payable monthly pursuant to Section 2.e. of the DEALER AGREEMENT between GUGGENHEIM FUNDS DISTRIBUTORS, LLC (the “Distributor”) and <DEALER FIRM> Class Distribution Fees(pursuant to Rule 12b-1) Shareholder Service Fees Total Investor None None None A 0.25% (25 basis points) None 0.25% (25 basis points) C 0.75% (75 basis points) 0.25% (25 basis points) 1.00% (100 basis points) H None 0.25% (25 basis points) 0.25% (25 basis points) P 0.25% (25 basis points) None 0.25% (25 basis points) Institutional None None None Money Market None None None In no event will the fee for performing distribution-related services exceed 0.25% (25 basis points) of average daily net assets with respect to A-Class and P-Class Shares, or 0.75% (75 basis points) of average daily net assets with respect to C-Class Shares. In addition, in no event will the fee for performing shareholder services exceed 0.25% (25 basis points) of average daily net assets with respect to H-Class and C-Class Shares. To the extent the Distributor waives any payments payable to the Distributor under the applicable distribution plan adopted under Rule 12b-1 of the Investment Company Act or for the other reasons set forth in this Agreement, the amounts payable to Dealer will also be reduced. Agreed to and accepted by: GUGGENHEIM FUNDS DISTRIBUTORS, LLC <DEALER FIRM> Signature: ______________________________ Signature: ___________________________ Print Name: Print Name: Title: Title: Date: __________________________________ Date: _______________________________ SCHEDULE C DATED -__________ TO THE DEALER AGREEMENT DATED ________ BETWEEN GUGGENHEIM FUNDS DISTRIBUTORS, LLC AND <DEALER FIRM>
Distribution and Service Fees. WMFD agrees, subject to the other terms and conditions of this Agreement, to pay Counterparty a distribution fee, accrued daily and payable monthly at the annual rate of 0.50% of the average daily net assets attributable to Class R-1 shares, and 0.25% of the average daily net assets attributable to Class R-2 shares, of the Customers who have identified themselves to WMFD as customers of Counterparty. WMFD agrees, subject to the other terms and conditions of this Agreement, to pay Counterparty a service fee, and Counterparty agrees to accept the same as full payment for the services to be provided by under this Agreement, accrued daily and payable monthly at the annual rate of 0.25% of the average daily net assets attributable to Class R-1 or Class R-2 shares of the Customers who have identified themselves to WMFD as customers of Counterparty. WMFD reserves the right to change the rate at which such service fee is paid upon fifteen (15) days prior written notice. Counterparty acknowledges that such fee will be paid solely from monies received by WMFD under the Distribution Plans applicable to Class R-1 and Class R-2 shares; accordingly, any obligation of WMFD to pay Counterparty any service fee shall not arise unless and until WMFD receives from the relevant Fund monies intended to be used by WMFD for such purpose and in amounts sufficient for such purpose. Under the Class R-1 and Class R-2 Distribution Plans, each Fund is authorized to make expenditures of Fund assets for various distribution and support services. Counterparty understands and agrees that (i) all service fees are subject to the limitations contained in the Class R-1 and Class R-2 Distribution Plans, which may be amended or terminated at any time, (ii) the service fee represents payment for shareholder services, and not for distribution of Shares and (iii) Counterparty's failure to the provide services described in the Agreement will render Counterparty ineligible to receive distribution or service fees. To receive distribution or service fees from WMFD, Counterparty must be the dealer or adviser of record for shares with average daily net assets of at least $100,000. WM Funds Distributor, Inc. By: --------------------------------- Name: Dxxxx Xxxxxx Title: President WM Advisors, Inc. By: --------------------------------- Name: Dxxxx Xxxxxx Title: Senior Vice President
Distribution and Service Fees a) In respect of the Distribution Agreement subject to clause 1 of this agreement we shall receive a distribution fee of 30% of all net receipts prior to deducting any sub-distribution fee and we shall pay out of our share all fees payable to our sub-distributor (which is currently Universal Music) or any other third party. Net receipts shall mean gross receipts less applicable VAT (Value Added Tax of currently 16%). We shall further receive a service fee of 15% of all net receipts on the basis as it is described in sentence 1 of this chapter. Our total share of the net receipts shall be thus 45% b) In consideration of our services subject to clause 2 of this agreement we shall receive 35% of all net receipts. Net receipts in respect of this subparagraph B) shall mean gross receipts paid to you by any third party (tour promoter, merchandiser etc.) less VAT. c) In respect of our participation and support to develop the Artist in all medias, we shall receive an override of 3,5 % of all ppd of all net sales of records of the Artist outside the territory and 10% of all net receipt you receive for exploitation subject to this Proposal outside the territory, excluding the US and Canada including advances on royalties for a period of five years commencing with the release of the 1 album of Artist in the territory. In the event that the single "Obsession" with the featured artist Shaggy goes top 3 in the German Media Control Sales Charts we shall receive an override of 4% of the ppd of all net sales of records of the artist outside the territory and 15% of all net receipts you receive for exploitations subject to this proposal outside the territory, excluding the US and Canada including advances on royalties for a period of five years shall negotiate our override in good faith with respect to all sales in the US and Canada but in no event we shall receive less than 50% of the override otherwise applicable. All payments hereunder shall be made plus VAT, if applicable. If you are not liable to income taxation in the Federal Republic of Germany, we will be entitled to withhold unless you present a tax exemption form approved by the German IRS under the German / US double taxation treaty. In the event Cheyenne Records is legally required to withhold income tax in Germany we will provide a certificate of German IRS to you of all taxes paid by us to German IRS on your behalf.
Distribution and Service Fees. In addition to the Dealer Concession, the Dealer shall be entitled to receive a trail or maintenance fee ( Service Fee ), which will be prorated and paid quarterly after the first full year of investment, in an amount equal to an annual rate of 0.25% of Class A s respective daily net assets held in accounts by customers for whom the Dealer is the holder or agent of record.
Distribution and Service Fees. In consideration of PSD’s role as the Distributor and Principal Underwriter of the Contracts issued by PACIFIC LIFE, PSD will receive distribution and/or service fees (including but not limited to 12b-1 Plan and Service Plan fees) from an unaffiliated fund or its affiliates that have contracted with PACIFIC LIFE. Regardless of whether PSD is a party to any agreements with such fund or its affiliates, such fees may be paid either directly to PSD, or for the convenience of the parties to any arrangement, may be paid to PACIFIC LIFE on behalf of PSD. Similarly, PACIFIC LIFE may pay distribution and/or service expenses on behalf of PSD and PSD will reimburse PACIFIC LIFE for such expenses that PACIFIC LIFE pays on its behalf up to the amount of related distribution and/or service fees received by PSD. Such reimbursement will be made by PSD to PACIFIC LIFE within 90 days of receipt of distribution and/or service fees. This section does not apply to any portion of fees received by PACIFIC LIFE related to investment advisory services or administrative services provided by PACIFIC LIFE.
