Shareholder Services Fee Clause Samples
A Shareholder Services Fee clause defines the payment of fees to a party, typically a financial intermediary or service provider, for performing administrative and support services on behalf of shareholders. These services may include maintaining shareholder records, processing transactions, and responding to shareholder inquiries. By specifying the terms and scope of such fees, the clause ensures that compensation for these ongoing services is clearly established, thereby preventing disputes and clarifying the cost structure for all parties involved.
Shareholder Services Fee. The Fund shall pay Chase a service fee (the ------------------------ "Shareholder Service Fee") in the amount set forth in Exhibit B hereto. The Shareholder Service Fee is payable quarterly and shall be prorated for any period less than a full calendar quarter.
Shareholder Services Fee. In respect of the Services, the Transfer Agent shall pay the Agent an annual fee calculated US $12.00 per Shareholder account. Such fees shall be paid to the Agent quarterly in arrears.
Shareholder Services Fee. 2.1. For performance of the Shareholder Services by Empower, or its affiliates, on behalf of the Shareholders, the share classes of the Funds identified in Appendices A and B will pay Empower an annual asset based fee for the Services provided herein, as set forth in the fee schedule attached hereto as Appendix C (the "Shareholder Services Fee").
2.2. The Shareholder Services Fee shall be due and payable within 30 (thirty) days after the last day of the month to which such payment relates.
2.3. Empower will calculate the asset balance for each day on which the fees are to be paid pursuant to this Agreement with respect to each share class of the applicable Fund. Great-West Funds shall have the right to reasonably audit the preparation of such calculation.
Shareholder Services Fee. Beginning on April 1, 2018, SI Securities shall charge Company a monthly shareholder services fee of $1 per investor for providing the shareholder services described below. For Offerings that raise less than $250,000 a minimum monthly fee of $250 will apply. For Offerings that raise $250,000 or more, a minimum monthly fee of $500 will apply. Company shall not be charged more than a maximum monthly fee of $3,000. Shareholder account statements Shareholder reporting