Shared Services Fee. Subject to the terms and conditions set forth in this Section 7.1, for the term of this Agreement, including any Automatic Renewal Term, the Company shall pay FGM a shared services fee for the Services provided under this Agreement equal to $456,250 for each Fiscal Quarter (or $1,825,000 on an annual basis) (the “Shared Services Fee”) within 10 days following the beginning of each Fiscal Quarter.
Appears in 2 contracts
Sources: Shared Services Agreement (FG Financial Group, Inc.), Shared Services Agreement (1347 Property Insurance Holdings, Inc.)