Common use of FEES AND REMUNERATION Clause in Contracts

FEES AND REMUNERATION. 2.1 The CR acknowledges and agrees that FSPartners will: (a) be entitled to all brokerage, commission, bonuses, fees, trail commissions and other benefits, other than Soft Dollar Incentives, payable by issuers of Products in respect of Products distributed by FSPartners Representatives; and (b) hold all brokerage, commission, bonuses, fees, trail commissions and other benefits, other than Soft Dollar Incentives, paid by issuers of Products in a bank account separate from other FSPartners business banking accounts and pay to the CR and to FSPartners the respective amounts due to each party under this Agreement at least monthly, or if FSPartners has given at least 30 days notice to the CR, at such other times as notified by FSPartners. 2.2 The CR must (to the extent to which this may be necessary) direct (and must ensure that each FSPartners Representative similarly directs) the issuers of Products to pay amounts to FSPartners in accordance with clause 2.1(a). The CR agrees to indemnify FSPartners for any loss suffered by FSPartners as a result of any failure by the CR to comply with this clause. 2.3 The CR will be entitled to be remunerated in accordance with Schedule 2. 2.4 The CR agrees to pay FSPartners the charges and reimbursable amounts in accordance with Schedule 2. 2.5 The parties must issue tax invoices in accordance with item 4 of Schedule 2. 2.6 The CR must issue tax invoices to Clients in accordance with item 5 of Schedule 2.

FEES AND REMUNERATION. 2.1 The CR Representative acknowledges and agrees that FSPartners will: (a) be entitled to all brokerage, commissioncommissions, bonuses, fees, trail commissions and other incentives and benefits, other than Soft Dollar Incentives, payable by issuers of Products in respect of Products distributed by FSPartners Representatives; , and (b) hold all brokerage, commission, bonuses, fees, trail commissions and other incentives and benefits, other than Soft Dollar Incentives, paid by issuers of Products in a bank account separate from other FSPartners business banking accounts and pay to the CR Representative and to FSPartners the respective amounts due to each party under this Agreement at least monthly, or if FSPartners has given at least 30 days notice to the CRRepresentative, at such other times as notified by FSPartners. 2.2 The CR Representative must (to the extent to which this may be necessary) direct (and must ensure that each FSPartners Representative similarly directs) the issuers of Products to pay amounts to FSPartners in accordance with clause 2.1(a). The CR Representative agrees to indemnify FSPartners for any loss suffered by FSPartners as a result of any failure by the CR Representative to comply with this clause. 2.3 The CR Representative will be entitled to be remunerated in accordance with Schedule 2. 2.4 The CR Representative agrees to pay FSPartners the charges and reimbursable amounts in accordance with Schedule 2. 2.5 The parties must issue tax invoices in accordance with item Item 4 of Schedule 2. 2.6 The CR Representative must issue tax invoices to Clients in accordance with item Item 5 of Schedule 2.