Common use of Services Fee Clause in Contracts

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] (the “Fee”) on or before May [--], 2016, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust Fund and the organization of the Trust Fund as well as services related to the sale and/or and distribution of the TrustFund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ [●] (the “Fee”) on or before May [--], 2016the Closing Date, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred may be payable to you by Stifel pursuant to the terms of the Underwriting AgreementAgreement and in accordance with FINRA Rule 5110(f)(2)(D).

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or and distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ [●] (the “Fee”) on or before May [--August [ ], 20162015, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust Fund and the organization of the Trust Fund as well as services related to the sale and/or and distribution of the TrustFund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] $ (the “Fee”) on or before May [--], 2016the Closing Date, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] 19,500 (the “Fee”) on or before May [--]February 12, 2016, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ [●] (the “Fee”) on or before May [--●], 20162017, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] 166,250 (the “Fee”) on or before May [--]September 9, 2016, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] 77,500 (the “Fee”) on or before May [--]December 1, 20162015, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] 49,000 (the “Fee”) on or before May [--]April 10, 20162017, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] (the “”Fee”) on or before May [--August [ ], 2016, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] (the “Fee”) on or before May [--[ ], 2016, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ $ [●] (the “Fee”) on or before May [--]December 1, 20162015, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust and the organization of the Trust as well as services related to the sale and/or distribution of the Trust’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ ] 65,500 (the “Fee”) on or before May [--]13, 2016, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Trust Fund and the organization of the Trust Fund as well as services related to the sale and/or and distribution of the TrustFund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[ [●] (the “Fee”) on or before May [--], 2016the Closing Date, by wire transfer to the order of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated. In the event the Offering does not proceed, you will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to you pursuant to the terms of the Underwriting Agreement.