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

Sources: Engagement Letter (Masterworks 085, LLC), Engagement Letter (Masterworks 084, LLC), Engagement Letter (Masterworks 083, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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

Sources: Engagement Letter (Masterworks 026, LLC), Engagement Letter (Masterworks 024, LLC), Engagement Letter (Masterworks 025, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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 $59,895.

Appears in 2 contracts

Sources: Engagement Letter (Masterworks 001, LLC), Engagement Letter (Masterworks 001, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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 $32,670.

Appears in 2 contracts

Sources: Engagement Letter (Masterworks 004, LLC), Engagement Letter (Masterworks 004, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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

Sources: Engagement Letter (Masterworks 002, LLC), Engagement Letter (Masterworks 002, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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 $35,663.

Appears in 1 contract

Sources: Engagement Letter (Masterworks 005, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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 $

Appears in 1 contract

Sources: Engagement Letter (Masterworks 006, LLC)

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 M▇▇▇▇▇▇▇▇▇▇.▇▇ 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 $31,170.

Appears in 1 contract

Sources: Engagement Letter (Masterworks 003, LLC)