Annual Fees. Average Daily Net Assets Basis Point Rate First $1 billion 0.075% (seven and a half basis points) Next $1 billion 0.05% (five basis points) Next $3 billion 0.03% (three basis points) In excess of $5 billion 0.02% (two basis points) Minimum Quarterly Fee $12,500 Minimum Annual Fee per Fund $50,000 B2-1 Each Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds above. The monthly Basis Point Fee applicable to the Funds will be calculated as follows. First, the average daily net assets of the Funds are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each Fund for such quarter. If the Basis Point Fee for each Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds shall pay the Basis Point Fee. If the Basis Point Fee for any Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a Fund’s commencement of operations is the date upon which assets necessary to purchase one creation unit are contributed to the Fund. A Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. If any Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p By: Name: Jxxxxxxx Xxxxxxxxx Name: Dxxxx Xxxxx Title: CEO Title: Managing Director
Appears in 3 contracts
Samples: Sub Advisory Agreement (WisdomTree Trust), Sub Advisory Agreement (WisdomTree Trust), Sub Advisory Agreement (WisdomTree Trust)
Annual Fees. Average Daily Net Assets Basis Point Rate First $1 billion 0.075% (seven and a half basis points) Next $1 billion 0.05% (five basis points) Next $3 billion 0.03% (three basis points) In excess of $5 billion 0.02% (two basis points) Minimum Quarterly Fee $12,500 Minimum Annual Fee per Fund $50,000 B2-1 Each The Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds Fund shown above will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds aboveFund. The monthly Basis Point Fee applicable to the Funds Fund will be calculated as follows. First, the average daily net assets of the Funds Fund are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any the Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such the Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each the Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each the Fund for such quarter. If the Basis Point Fee for each the Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds Fund shall pay the Basis Point Fee. If the Basis Point Fee for any the Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such the Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each the Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such the Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such the Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each the Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a the Fund’s commencement of operations is the date upon which assets necessary to purchase one creation 50 Xxxxxxx Xxxxxx, Xxxxx 0000, Xxx Xxxxxxxxx, XX 00000 | Tel 400.000.0000 | Fax 400.000.0000 unit are contributed to the Fund. A The Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. The calculation of the Quarterly and Annual Fees for the WisdomTree Europe Hedged Equity Fund (formerly WisdomTree International Hedged Equity Fund) shall be aggregated with those funds set forth under the headings “International Equity Funds” and “International Sector Funds” on Appendix A of that certain Sub-Advisory Agreement between the Investment Adviser and Sub-Adviser (formerly BNYIA) dated as of September 1, 2007; provided, however, that the Minimum Quarterly Fee and Minimum Annual Fee set forth above shall not be aggregated and shall apply individually to the WisdomTree Europe Hedged Equity Fund. If any the Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B 13B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such the Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p /s/ Jxxxxxxx Xxxxxxxxx By: /s/ Rxxxxxx Xxxxxx Name: Jxxxxxxx Xxxxxxxxx Name: Dxxxx Xxxxx Rxxxxxx Xxxxxx Title: CEO Chief Executive Officer Title: Managing DirectorExecutive Vice President 50 Xxxxxxx Xxxxxx, Xxxxx 0000, Xxx Xxxxxxxxx, XX 00000 | Tel 400.000.0000 | Fax 400.000.0000
Appears in 1 contract
Annual Fees. Average Daily Net Assets Basis Point Rate First $1 billion 0.075% (seven and a half basis points) Next $1 billion 0.05% (five basis points) Next $3 billion 0.03% (three basis points) In excess of $5 billion 0.02% (two basis points) Minimum Quarterly Fee $12,500 Minimum Annual Fee per Fund $50,000 B2-1 Each Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds above. The monthly Basis Point Fee applicable to the Funds will be calculated as follows. First, the average daily net assets of the Funds are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each Fund for such quarter. If the Basis Point Fee for each Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds shall pay the Basis Point Fee. If the Basis Point Fee for any Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a Fund’s commencement of operations is the date upon which assets necessary to purchase one creation unit are contributed to the Fund. A Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. If any Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p By: Name: Jxxxxxxx Xxxxxxxxx Name: Dxxxx Xxxxx Title: CEO Title: Managing Director
Appears in 1 contract
Annual Fees. Average Daily Net Assets Basis Point Rate First $1 2 billion 0.0750.03% (seven and a half basis points) Next $1 billion 0.05% (five three basis points) Next $3 billion 0.030.02% (three two basis points) In excess of $5 billion 0.020.015% (two one and a half basis points) Minimum Quarterly Fee $12,500 6,250 Minimum Annual Fee per Fund $50,000 B2-1 25,000 Each Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds above. The monthly Basis Point Fee applicable to the Funds will be calculated as follows. First, the average daily net assets of the Funds are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each Fund for such quarter. If the Basis Point Fee for each Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds shall pay the Basis Point Fee. If the Basis Point Fee for any Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a Fund’s commencement of operations is the date upon which assets necessary to purchase one creation unit are contributed to the Fund. A Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. If any Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p /s/ Xxxx Xxxx By: /s/ Xxxxx Xxx Name: Jxxxxxxx Xxxxxxxxx Xxxx Xxxx Title: Chief Financial Officer Name: Dxxxx Xxxxx Xxx Title: CEO Title: Managing DirectorDirector TO AMENDED AND RESTATED SUB-ADVISORY AGREEMENT Effective as of January 1, 2013 INTERNATIONAL FUNDS WisdomTree Global Equity Income Fund WisdomTree Global Natural Resources Fund WisdomTree Global ex-U.S. Growth Fund WisdomTree Global ex-U.S. Utilities Fund WisdomTree Global ex-U.S. Real Estate Fund WisdomTree Asia Pacific ex-Japan Fund WisdomTree Commodity Country Equity Fund WisdomTree Emerging Markets Equity Income Fund WisdomTree Emerging Markets SmallCap Dividend Fund WisdomTree India Earnings Fund WisdomTree Middle East Dividend Fund WisdomTree DEFA Fund WisdomTree DEFA Equity Income Fund WisdomTree Europe Hedged Equity Fund WisdomTree International LargeCap Dividend Fund WisdomTree International MidCap Dividend Fund WisdomTree International SmallCap Dividend Fund WisdomTree International Dividend ex-Financials Fund WisdomTree Europe SmallCap Dividend Fund WisdomTree Japan Hedged Equity Fund WisdomTree Japan SmallCap Dividend Fund WisdomTree Australia Dividend Fund
Appears in 1 contract
Annual Fees. Average Daily Net Assets Basis Point Rate First $1 billion 0.0750.07% (seven and a half basis points) Next In excess of $1 billion 0.05% (five basis points) Next $3 billion 0.03% (three basis points) In excess of $5 billion 0.02% (two basis points) Minimum Quarterly Fee $12,500 Minimum Annual Fee per Fund $50,000 B2-1 Each Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds above. The monthly Basis Point Fee applicable to the Funds will be calculated as follows. First, the average daily net assets of the Funds are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each Fund for such quarter. If the Basis Point Fee for each Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds shall pay the Basis Point Fee. If the Basis Point Fee for any Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a Fund’s commencement of operations is the date upon which assets necessary to purchase one creation unit are contributed to the Fund. A Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. If any Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p /s/ Xxxx Xxxx By: /s/ Xxxxx Xxx Name: Jxxxxxxx Xxxxxxxxx Xxxx Xxxx Title: Chief Financial Officer Name: Dxxxx Xxxxx Xxx Title: CEO Title: Managing DirectorDirector TO SUB-ADVISORY AGREEMENT Effective as of January 1, 2013 INVESTMENT GUIDELINES FOR THE WISDOMTREE GLOBAL REAL RETURN FUND (the “Global Real Return Fund”)
Appears in 1 contract
Annual Fees. Average Daily Net Assets Basis Point Rate First $1 billion 0.0750.10% (seven and a half ten basis points) Next $1 billion 0.050.08% (five basis points) Next $3 billion 0.03% (three eight basis points) In excess of $5 2 billion 0.020.06% (two six basis points) Minimum Quarterly Fee $12,500 Minimum Annual Fee per Fund $50,000 B2-1 Each Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds above. The monthly Basis Point Fee applicable to the Funds will be calculated as follows. First, the average daily net assets of the Funds are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each Fund for such quarter. If the Basis Point Fee for each Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds shall pay the Basis Point Fee. If the Basis Point Fee for any Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a Fund’s commencement of operations is the date upon which assets necessary to purchase one creation unit are contributed to the Fund. A Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. If any Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p /s/ Xxxx Xxxx By: /s/ Xxxxx Xxx Name: Jxxxxxxx Xxxxxxxxx Xxxx Xxxx Title: Chief Financial Officer Name: Dxxxx Xxxxx Xxx Title: CEO Title: Managing DirectorDirector TO AMENDED AND RESTATED SUB-ADVISORY AGREEMENT Effective as of January 1, 2013 CURRENCY FUNDS WisdomTree Brazilian Real Fund WisdomTree Chinese Yuan Fund WisdomTree Indian Rupee Fund WisdomTree Emerging Currency Fund WisdomTree Commodity Currency Fund
Appears in 1 contract
Annual Fees. Average Daily Net Assets Basis Point Rate First $1 billion 0.075% (seven and a half basis points) Next $1 billion 0.05% (five basis points) Next $3 billion 0.03% (three basis points) In excess of $5 billion 0.02% (two basis points) Minimum Quarterly Fee $12,500 Minimum Annual Fee per Fund $50,000 B2-1 Each Fund listed above (each a “Fund” and collectively, the “Funds”) shall pay a “Basis Point Fee” or a “Minimum Quarterly Fee” or a “Minimum Annual Fee”, as described below. The Basis Point Fee applicable to the Funds will be calculated as of the last day of each month based on the total of the average daily net assets of the combined Funds above. The monthly Basis Point Fee applicable to the Funds will be calculated as follows. First, the average daily net assets of the Funds are multiplied by the applicable Basis Point Rate(s) shown in the table above. The resultant dollar amount is then multiplied by a fraction, the numerator which is the number of days in the month and the denominator which is the number of days in the year, to generate the monthly “Basis Point Fee”. If any Fund is in operation for less than a full month, the Basis Point Fee will be adjusted on a pro rata basis based on the number of days such Fund is in operation during such month. At the end of each calendar quarter, the total of the Basis Point Fee for each Fund for such quarter (i.e., the sum of the Basis Point Fee for each month in such quarter) will be compared to the Minimum Quarterly Fee for each Fund for such quarter. If the Basis Point Fee for each Fund for such quarter is higher than the Minimum Quarterly Fee for that quarter, the Funds shall pay the Basis Point Fee. If the Basis Point Fee for any Fund for such quarter is less than the Minimum Quarterly Fee for that quarter, each such Fund shall pay the Minimum Quarterly Fee. Notwithstanding the foregoing, once the total of the fees payable to the Sub-Adviser with respect to each Fund in any calendar year equals or exceeds the Minimum Annual Fee payable for such calendar year (or the pro rata portion of the Minimum Annual Fee payable for partial calendar years), such Fund shall not be required to make further payments of the Minimum Quarterly Fee or Minimum Annual Fee with respect to such Fund for that calendar year. The Minimum Quarterly Fee shall be calculated on a pro rata basis based on the number of days each Fund is in operation during a calendar quarter. The Minimum Annual Fee shall be calculated on a pro rata basis based on the number of days the Fund is in operation during a calendar year. For fee calculation purposes, a Fund’s commencement of operations is the date upon which assets necessary to purchase one creation unit are contributed to the Fund. A Fund’s last day of operations is the date upon which its assets are liquidated. Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter. If any Fund or the Investment Adviser terminates this Agreement (except to the extent permitted by Section 13.B herein) before the end of the twelve month period beginning on the date of the Fund’s commencement of operations, the total Minimum Annual Fee will be calculated, due and payable as if the Manager had sub-advised such Fund for a full calendar year and the termination date is the last day of such full calendar year. WISDOMTREE ASSET MANAGEMENT, INC. MELLON CAPITAL MANAGEMENT CORPORATION By: p /s/ Xxxx Xxxx By: /s/ Xxxxx Xxx Name: Jxxxxxxx Xxxxxxxxx Xxxx Xxxx Title: Chief Financial Officer Name: Dxxxx Xxxxx Xxx Title: CEO Title: Managing DirectorDirector TO AMENDED AND RESTATED SUB-ADVISORY AGREEMENT Effective as of January 1, 2013 FIXED INCOME AND ALTERNATIVE FUNDS WisdomTree Asia Local Debt Fund WisdomTree Australia & New Zealand Debt Fund WisdomTree Euro Debt Fund WisdomTree Emerging Market Local Debt Fund WisdomTree Global Real Return Fund WisdomTree Managed Futures Strategy Fund
Appears in 1 contract
