Quarterly Calculation. The Performance Fee shall be calculated and become payable on a quarterly basis as of each March 31, June 30, September 30 and December 31 (each, a “Calculation Date”) by 5PM ET on each Calculation Date. The Performance Fee is subject to the Annual Reconciliation and Clawback provisions set forth herein.
Appears in 2 contracts
Sources: Digital Asset Management Agreement (USBC, Inc.), Digital Asset Management Agreement (USBC, Inc.)