Common use of FEES AND REMUNERATION Clause in Contracts

FEES AND REMUNERATION. 4A.1 The applicable monthly fixed charges, trading commission, profit sharing charges, performance fee charges, annual management fee and other relevant fees payable by the Follower to the Authorized Trader for the Authorized Trading may either be: (a) dealt and discussed privately between the Follower and the Authorized Trader and set forth in the Copy Trading system; or (b) based on a cut or fixed percentage from the High Water Mark set forth in the First Schedule, whereby the charges shall only be applicable when there is a new High Water Mark; (“Remuneration”). The Follower shall read and accept the applicable Remuneration imposed by the Authorized Trader prior to the Authorized Trading. 4A.2 Once the Follower accepts the Authorized Trading, the Remuneration may be automatically deducted from the Follower’s Account and paid directly to the Authorized Trader’s Account. 4A.3 In the event the Follower do not have sufficient funds in the Account for the Authorized Trading, the Follower acknowledges that the Authorized Trading shall remain in force and the Follower is obliged to pay all outstanding Remuneration for the Authorized Trading upon notice. 4A.4 The Authorized Trader may provide additional services at additional costs to the Follower. The Follower acknowledges the additional services are provided independently by the Authorized Trader. Doo Prime shall not entertain any dispute and any claim as a result of the Authorized Trading and the additional services provided.