Incentive Compensation. For the services to be rendered hereunder by each of the Co-Managers, Masterworks has agreed to compensate Arete with a variable sales commission and finder’s fee which, in the aggregate, will not exceed 3.0% of the total dollar amount of equity capital raised pursuant to the Offering (the “Sales Commission”).
Appears in 47 contracts
Samples: Letter and Agreement (Masterworks 167, LLC), Letter and Agreement (Masterworks 197, LLC), Letter and Agreement (Masterworks 182, LLC)