Common use of Fees and Trust Expenses Clause in Contracts

Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent and its affiliates hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $12,500 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The maximum compensation Marketing Agent may receive under this Agreement, as a result of the Trust’s offering, is not to exceed $137,500, which includes $37,500 (fees) and $100,000 (expenses). The Trust is not responsible for the payment of any amounts to the Marketing Agent. The maximum compensation that will be paid for wholesaling salaries, as a result of this offering, is not to exceed $500,000, which is solely the responsibility of ETFS Marketing.

Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent and its affiliates hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $12,500 20,000 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The maximum compensation Marketing Agent may receive under this Agreement, as a result of the Trust’s offering, is not estimated to exceed be $137,500115,635, which includes $37,500 60,000 (fees) and $100,000 55,635 (expenses). The Trust is not responsible for the payment of any amounts to the Marketing Agent. The maximum compensation that will be paid for wholesaling salaries, as a result of this offering, is not estimated to exceed be $500,000236,250, which is solely the responsibility of ETFS Marketing.

Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent and its affiliates hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $12,500 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The maximum compensation Marketing Agent may receive under this Agreement, as a result of the Trust’s offering, is not estimated to exceed be $137,50093,135, which includes $37,500 55,635 (fees) and $100,000 37,500 (expenses). The Trust is not responsible for the payment of any amounts to the Marketing Agent. The maximum compensation that will be paid for wholesaling salaries, as a result of this offering, is not estimated to exceed be $500,000236,250, which is solely the responsibility of ETFS Marketing.

Fees and Trust Expenses. (a) In consideration of the services to be performed by the Marketing Agent and its affiliates hereunder as set forth on Schedule A attached hereto and as it may be amended from time-to-time, ETFS Marketing will pay the Marketing Agent an annual fee in the amount of $12,500 per annum to be paid in 1/12 equal monthly installments commencing on launch date of the Trust, subject to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The maximum compensation Marketing Agent may receive under this Agreement, as a result of the Trust’s offering, is not estimated to exceed be $137,50093,135, which includes $37,500 (fees) and $100,000 55,635 (expenses). The Trust is not responsible for the payment of any amounts to the Marketing Agent. The maximum compensation that will be paid for wholesaling salaries, as a result of this offering, is not estimated to exceed be $500,000236,250, which is solely the responsibility of ETFS Marketing.