Common use of Platform Manager Fee Clause in Contracts

Platform Manager Fee. (a) In consideration for the Platform Manager providing (or engaging other parties to provide) the Platform Manager Services, the Fund will pay the Platform Manager a one-time non refundable fee of $10,000. Additionally, the Fund shall pay a monthly fee (the “Platform Manager Fee”) as indicated on Schedule A attached hereto. (b) The Platform Manager may pay the whole or any part of any amounts that it receives pursuant to this Section 3 to any person, including any “affiliated person” (as such term is defined in the Investment Company Act) of the Platform Manager.

Platform Manager Fee. (a) In consideration for the Platform Manager providing (or engaging other parties to provide) the Platform Manager Services, the Fund will pay the Platform Manager a one-time non refundable fee of $10,000. Additionally, the Fund shall pay a monthly fee (the “Platform Manager Fee”) of up to [0.10%] on an annualized basis of the Fund’s net assets as indicated on Schedule A attached heretoof each month-end, subject to an annual minimum of [$42,000]. (b) The Platform Manager may pay the whole or any part of any amounts that it receives pursuant to this Section 3 to any person, including any “affiliated person” (as such term is defined in the Investment Company Act) of the Platform Manager.