Fees and Compensation. Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.
Fees and Compensation. Directors shall be entitled to such compensation for their services as may be approved by the Board of Directors, including, if so approved, by resolution of the Board of Directors, a fixed sum and expenses of attendance, if any, for attendance at each regular or special meeting of the Board of Directors and at any meeting of a committee of the Board of Directors. Nothing herein contained shall be construed to preclude any director from serving the corporation in any other capacity as an officer, agent, employee, or otherwise and receiving compensation therefor.
Fees and Compensation. During the Directorship Term the Director shall receive the following compensation and benefits in consideration of the services rendered in Section 2 an annual fee of U.S. $80,000.00. The Director's status during the term of this Agreement shall be that of an independent contractor and not, for any purpose, that of an employee or agent with authority to bind the Company in any respect. All payments and other consideration made or provided to the Director under Sections 3 and 4 hereof shall be made or provided without withholding or deduction of any kind, and the Director shall assume sole responsibility for discharging, all tax or other obligations associated therewith.
Fees and Compensation. During the Directorship Term the Director shall receive the following compensation and benefits:
Fees and Compensation. Subject to applicable laws and regulations, Confluence retains full authority to negotiate the fees it charges to its clients for discretionary portfolio management and investment advisory services, including “single and dual contract” agreements with Financial Institutions to provide such services to the clients of such Financial Institutions as part of a UMA or Wrap Account arrangement, and to registered investment companies. Confluence also retains authority to negotiate the fees it charges for discretionary and non-discretionary investment advisory services, including agreements with Financial Institutions in connection with direct, mutual fund, model portfolio programs and to UITs. Confluence’s fees may be modified based upon the size of the account and the nature and level of services provided by Confluence. Confluence will offer certain clients a fee schedule that is lower than that of any other comparable clients. Confluence fees for discretionary accounts are based on a percentage of the value of the assets in the SMA for which Confluence is providing services, and the specific percentage amount is based upon the investment strategy selected and the amount of assets. Confluence fees for non-discretionary model portfolio recommendations are based on a percentage of the value of the overall assets at the Financial Institution with respect to which Confluence recommendations are made. Confluence retains full authority to negotiate the fees it charges for discretionary and non- discretionary advisory services. Confluence employees and family often pay reduced (as low as zero) management fees. Confluence fees are generally payable quarterly in advance, but certain Sponsors and accounts are billed in arrears as agreed between the client and Confluence, and clients authorize fees to be deducted from their accounts by the Custodian, or by direct payment by the client. Confluence advisory agreements generally can be terminated at any time by either party by giving thirty days’ written notice of such termination to the other party. Upon termination of the advisory agreement, the fee amount is generally prorated through the termination date and the difference is refunded. Confluence is not affiliated with any broker-dealer. Confluence sub-advises an open-end mutual fund and a closed-end fund for which it receives fees from the fund’s investment adviser for managing the investments. The closed-end fund may invest in business development companies (“BDCs”) and...
Fees and Compensation. THE GROUP understands and agrees to reimburse BCBSNE for certain fees and compensation which we are obligated under applicable Inter-Plan Arrangement requirements to pay to the Host Blues, to the Association and/or to vendors of Inter- Plan Arrangement-related services. Fees and compensation under applicable Inter- Plan Arrangements may be revised from time to time as described in the “Modifications or Changes to Inter-Plan Arrangement Fees or Compensation” Section below. In addition, the participation agreement with the Host Blue may provide that BCBSNE must pay an administrative and/or a network access fee to the Host Blue, and THE GROUP further agrees to reimburse BCBSNE for any such applicable administrative and/or network access fees. The specific fees and compensation that are charged to THE GROUP under Negotiated Arrangements are set forth in Attachment 1.]