Common use of Incentive Compensation Clause in Contracts

Incentive Compensation. For the services to be rendered hereunder by Financial Adviser, Masterworks Investor Services, LLC (“Masterworks”) has agreed to compensate the Financial Adviser (the “Compensation”) with a variable sales commission and finder’s fee of up to 3% of the total dollar amount of equity capital raised pursuant to the Potential Transaction (the “Sales Commission”).

Appears in 62 contracts

Samples: Masterworks 032, LLC, Masterworks 039, LLC, Masterworks 065, LLC

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Incentive Compensation. For the services to be rendered hereunder by Financial Adviser, Masterworks Investor Administrative Services, LLC (“Masterworks”) ), the Administrator and the platform operator of the Mxxxxxxxxxx.xx website, has agreed to compensate the Financial Adviser (the “Compensation”) with a variable sales commission and finder’s fee of up to 3% of the total dollar amount of equity capital raised pursuant to the Potential Transaction (the “Sales Commission”).

Appears in 23 contracts

Samples: Masterworks 017, LLC, Masterworks 012, LLC, Masterworks 024, LLC

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Incentive Compensation. For the services to be rendered hereunder by Financial Adviser, Masterworks Investor Administrative Services, LLC (“Masterworks”) ), the Administrator and the platform operator of the Mxxxxxxxxxx.xx website, has agreed to compensate the Financial Adviser (the “Compensation”) with a variable sales commission and finder’s fee of up to 3% of the total dollar amount of equity capital raised pursuant to the Potential Transaction (the “Sales Commission”)) or $205,905.

Appears in 2 contracts

Samples: Masterworks 002, LLC, Masterworks 002, LLC

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