FEES AND DISBURSEMENTS. In relation to the provision of the Services, as this is defined in the Portfolio Management Agreement between IBR-Global Markets Ltd (the “Manager”) and [ ] (the “Client”) dated [ ], the Client shall pay to the Manager Fees for management of the Account (as this is defined in the Agreement) as follows: Discretionary Portfolio Management (as this is defined in Schedule 1 of the Agreement): Management Fee: % per annum, on Assets under Management (charged quarterly at % of Assets under Management at that stage at the end of the calendar quarter (31/03-30/06-30/09-31/12) Performance Fee: % High Water Xxxx (HWM), per month Xxxx-Up: The value of the assets for the purposes of the performance fee will be determined after deducting the management fee.
Appears in 4 contracts
Samples: Service Agreement, Management Service Agreement, Management Service Agreement
