Selling Compensation Sample Clauses

Selling Compensation. Selling Compensation" shall mean compensation payable by the Trust, the Advisor and any affiliates thereof to the Selling Group Manager (or any broker-dealer designated by the Selling Group Manager) in connection with the initial public offering of Shares, as set forth in the Prospectus.
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Selling Compensation. The Program Distributor receives the as noted, the Financial Intermediary receives the following Sales Fee applicable to the A Unit Class of each Portfolio (as compensation: listed in the table above) for the Program Distributor’s sales support and account services. The Program Distributor may use the Sales Fee to compensate Financial Intermediaries. Except A UNIT CLASS All Portfolios (except the Principal Plus Portfolio and the NextGen Savings Portfolio) Principal Plus Portfolio NextGen Savings Portfolio Up-front Selling Compensation1 Ongoing Compensation2 Up-front Selling Compensation1 Ongoing Compensation2 Up-front Selling Compensation1 Ongoing Compensation2,3 0.25% 0.25% 0.00% 0.25% 0.00% 0.125%
Sample 1
Selling Compensation. Commissions are paid for sales of the CHET Advisor Plan according to the sales charge descriptions above. Broker-dealers, including HFD, investment professionals or financial institutions may be compensated according to any applicable rules or regulations for municipal fund securities. Compensation is generally based on contributions made to the Account. This compensation is usually paid from the sales charges described in this document. HFD may retain a percentage of the Class A sales charge to cover its expenses or other expenses. In addition to the commissions specified above, an investment professional, broker-dealer or financial institution may also receive additional compensation from HFD, its affiliates or Hartford for, among other things, training, marketing or other services provided. HFD, its affiliates or Hartford may also make compensation arrangements with certain broker-dealers or financial institutions based on total sales by the broker-dealer or financial institution of insurance products. These payments, which may be different for different broker-dealers or financial institutions, will be made by HFD, its affiliates or Hartford out of their own assets and will not affect the amounts paid by the Account Owner for the CHET Advisor Plan. Created by FINRA in 1988, and formerly known as the Public Disclosure Program, FINRA Broker Check provides investors with an easy, free way to learn about the professional background, business practices and conduct of FINRA registered firms and their investment professionals. To request a copy of FINRA’s Investor Brochure which describes the information that is available through this program, visit FINRA’s website at xxx.xxxxxxxxxxxxxxxx.xxx or call 1-800-289-9999. HFD is registered with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (“MSRB”). For more information about the MSRB, please visit xxx.xxxx.xxx. There is an MSRB Investor Brochure available on the MSRB website that describes the protections available under MSRB rules and how to file a complaint with an appropriate regulatory authority.
Sample 1
Selling Compensation. The Distributor will pay you selling commissions no less often than monthly according to the reallowance schedule contained in the Prospectus as compensation for selling Shares of the Funds. Upon the sale of any Shares you will look solely to the Distributor for sales compensation from payments received for such Shares, and you acknowledge that the Funds shall have no direct responsibility therefor.
Sample 1
Selling Compensation. The selected dealer will receive, on all Common Stock sold by it to subscribers procured directly by the selected dealer, compensation of 5% (five percent) of the total sales price, or $0.25 per Share, based on a $5.00 price per share of common stock and warrants to purchase an aggregate number of shares of the Company’s Common Stock equal to 5% (five percent) of the number of shares of Common Stock directly attributable to investors introduced by the selected dealer (the “Selected Dealer’s Commission”). No commissions will be paid on subscriptions for Common Stock that the Company rejects. The Selected Dealer’s Commission to which you are entitled hereunder shall be paid to you by the Underwriter concurrently with the closing of the Offering. Prior to closing, the Underwriter shall provide the Selected Dealer with a flow of funds memorandum and shall not disburse funds without their approval of the flow of funds memorandum.
Sample 1
Selling Compensation. The Select Series Distributor receives the Sales Fee applicable to the A Unit Class of each Portfolio (as listed in the table above) for the Select Series Distributor’s sales support and account services. The Select Series Distributor may use the Sales Fee to compensate Financial Intermediaries. Except as noted, the Financial Intermediary receives the following compensation.
Sample 1
Selling Compensation. The Select Series Distributor receives the Sales Fee applicable to the C Unit Class of each Portfolio (as listed in the table above) for the Select Series Distributor’s sales support and account services. The Select Series Distributor may use the Sales Fee to compensate Financial Intermediaries. The Financial Intermediary receives the following compensation: C UNIT CLASS All Portfolios(except the Principal Plus Portfolio and the NextGen Savings Portfolio) Principal Plus Portfolio NextGen Savings Portfolio Up-front Selling Compensation1 Ongoing Compensation2 Up-front Selling Compensation1 Ongoing Compensation2 Up-front Selling Compensation1 Ongoing Compensation2 1.00% 1.00% 0.00% 0.25% 0.00% 0.125%
Sample 1
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Related to Selling Compensation

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Employees; Compensation The Consultant shall be solely responsible for the following:

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Dealer Compensation (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund's then current prospectus, subject to NASD rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds' prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.

  • DEALER-MANAGER COMPENSATION (i) Subject to the discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 3(d) and Section 3(c), the Company agrees to pay the Dealer Manager selling commissions (“Selling Commissions”) in the amount of seven percent (7.0%) of the selling price of each Primary Share for which a sale is completed. Alternatively, if a particular Soliciting Dealer elects to receive Selling Commissions equal to seven and one-half percent (7.5%) in accordance with the Soliciting Dealers Agreement, subject to Section 3(c), then, with respect to the applicable sale, the Company agrees to pay the Dealer Manager Selling Commissions in the amount of seven and one-half percent (7.5%) of the selling price of each Primary Share for which a sale is completed, two and one-half percent (2.5%) of which Selling Commissions shall be payable at the time of such sale and one percent (1%) of which shall be paid on each anniversary of the closing of such sale up to and including the fifth anniversary of the closing of such sale. No Selling Commissions will be paid for sales of DRP Shares, and Selling Commissions may be reduced or eliminated on certain sales of Shares, including the reduction or elimination of Selling Commissions in accordance with, and on the terms set forth in, the Prospectus. The Dealer Manager will reallow all the Selling Commissions, subject to federal and state securities laws, to the Soliciting Dealer who sold the Primary Shares, as described more fully in the Soliciting Dealers Agreement. In no event shall the Dealer Manager be entitled to payment of any compensation in connection with a sale pursuant to the Offering that is not completed according to this Agreement; provided, however, that the reimbursement of out-of-pocket accountable expenses actually incurred by the Dealer Manager or Person associated with the Dealer Manager shall not be presumed to be unfair or unreasonable and shall be payable under normal circumstances.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Incentive and Bonus Compensation The Executive shall be eligible to participate in the Company’s existing and future bonus and stock option plans and other incentive compensation programs for similarly situated executives (collectively, “Plans”), to the extent that the Executive is qualified to participate in any such Plan under the generally applicable provisions thereof in effect from time to time. Such eligibility is not a guarantee of participation in or of the receipt of any award, payment or other compensation under any Plan. To the extent the Executive does participate in a Plan and the Plan does not expressly provide otherwise, the Chief Executive Officer and/or the Board, as appropriate, may determine all terms of participation (including, without limitation, the type and size of any award, payment or other compensation and the timing and conditions of receipt thereof by the Executive) in the Chief Executive Officer’s or the Board’s sole and absolute discretion. Nothing herein shall be deemed to prohibit the Company or the Board from amending or terminating any and all Plans in its sole and absolute discretion. Except as otherwise provided herein, the terms of each Plan shall govern the Executive’s rights and obligations thereunder during the Executive’s employment and upon the termination thereof. Without limiting the generality of the foregoing, the definition of “Cause” hereunder shall not supersede the definition of “cause” in any Plan (unless the Plan expressly defers to the definition of “cause” under an executive’s employment agreement) and any rights of the Executive hereunder upon and subsequent to the termination of the Executive’s employment shall be in addition to, and not in lieu of, any right of the Executive under any Plan then in effect upon or subsequent to a termination of employment.

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