Optional Tax Services. Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[ ] per year Additional Capital Gain Dividend Estimates – (First two included in core services) – $[ ] per additional estimate State tax returns - (First two included in core services) – $[ ] per additional return Tax Reporting – C-Corporations Federal Tax Returns Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $[ ] Prepare Federal and State extensions (If Applicable) – Included in the return fees Prepare provision estimates – $[ ] Per estimate State Tax Returns Prepare state income tax returns for funds and blocker entities – $[ ] per state return Sign state income tax returns – $[ ] per state return Assist in filing state income tax returns – Included with preparation of returns State tax notice consultative support and resolution – $[ ] per fund Miscellaneous Expenses All other miscellaneous fees and expenses, including but not limited to the following, will be separately billed as incurred: Portfolio Composition File (PCF) management services, SWIFT processing, customized reporting, third-party data provider costs (including GICS, MSCI, Lipper, etc.), postage, stationary, programming, special reports, proxies, insurance, XXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses related to and including travel to and from Board of Trustee meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, PFIC monitoring, conversion expenses (if necessary), and travel related costs. Fees are calculated pro rata and billed monthly
Optional Tax Services. Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[ ] per year Additional Capital Gain Dividend Estimates – (First two included in core services) – $[ ] per additional estimate State tax returns - (First two included in core services) – $[ ] per additional return Tax Reporting – C-Corporations Federal Tax Returns ▪ Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $[ ] ▪ Prepare Federal and State extensions (If Applicable) – Included in the return fees ▪ Prepare provision estimates – $[ ] Per estimate State Tax Returns Prepare state income tax returns for funds and blocker entities – $[ ] per state return ▪ Sign state income tax returns – $[ ] per state return Assist in filing state income tax returns – Included with preparation of returns State tax notice consultative support and resolution – $[ ] per fund Fees are calculated pro rata and billed monthly V-Square Quantitative Management signed fee schedule proposal, dated July 22, 2021 on July 22, 2021.
Optional Tax Services. ▪ Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[ ] per year ▪ Additional Capital Gain Dividend Estimates – (First two included in core services) – $[ ] per additional estimate ▪ State tax returns - (First two included in core services) – $[ ] per additional return Tax Reporting – C-Corporations Federal Tax Returns ▪ Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $[ ] ▪ Prepare Federal and State extensions (If Applicable) – Included in the return fees ▪ Prepare provision estimates – $[ ] Per estimate State Tax Returns ▪ Prepare state income tax returns for funds and blocker entities – $[ ] per state return • Sign state income tax returns – $[ ] per state return Assist in filing state income tax returns – Included with preparation of returns ▪ State tax notice consultative support and resolution – $[ ] per fund Fees are calculated pro rata and billed monthly Advisor’s signature below acknowledges approval of the fee schedule on this Exhibit C Convergence Investment Partners By: /s/ Xxxxx Xxxxx Printed Name and Title: Xxxxx Xxxxx, President
Optional Tax Services. Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[...] per year Additional Capital Gain Dividend Estimates – (First two included in core services) – $[...] per additional estimate State tax returns - (First two included in core services) – $[...] per additional return Tax Reporting – C-Corporations Federal Tax Returns Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $[...] Prepare Federal and State extensions (If Applicable) – Included in the return fees Prepare provision estimates – $[...] Per estimate State Tax Returns Prepare state income tax returns for funds and blocker entities – $[...] per state return • Sign state income tax returns – $[...] per state return • Assist in filing state income tax returns – Included with preparation of returns • State tax notice consultative support and resolution – $[...] per fund Adviser’s Signature Acknowledging the Fee Schedule on Next Page Panagram Structured Asset Management, LLC By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Chief Executive Officer Date: April 21, 2023
Optional Tax Services. Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[ ] per year Additional Capital Gain Dividend Estimates – ([ ] included in core services) – $[ ] per additional estimate State tax returns - ([ ] included in core services) – $[ ] per additional return Tax Reporting – C-Corporations Federal Tax Returns Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $[ ] Prepare Federal and State extensions (If Applicable) – Included in the return fees Prepare provision estimates – $[ ] Per estimate State Tax Returns Prepare state income tax returns for funds and blocker entities – $[ ] per state return Sign state income tax returns – $[ ] per state return Assist in filing state income tax returns – Included with preparation of returns State tax notice consultative support and resolution – $[ ] per fund Fees are calculated pro rata and billed monthly. Advisers signature as acknowledgment of the fee schedule on the Exhibit UU is not needed.
Optional Tax Services. If the Fund so chooses the following optional tax services are available. These services are in addition to the Standard Services defined in Section C above and are not part of the annual fees set out in Exhibit B. Fees will be determined based on level of complexity and required effort involved:
Optional Tax Services. The Base Fee includes the following core tax services: M-1 book-to-tax adjustments at fiscal and excise year-end, prepare tax footnotes in conjunction with fiscal year-end audit, Prepare Form 1120-RIC federal income tax return and relevant schedules, Prepare Form 8613 and relevant schedules, Prepare Form 1099-MISC Forms, Prepare Annual TDF FBAR (Foreign Bank Account Reporting) filing, Prepare state returns (Limited to two) and Capital Gain Dividend Estimates (Limited to two). Additional services excluded from the Base Fee are: • Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[...] per year • Additional Capital Gain Dividend Estimates – (First two included in core services) – $[...] per additional estimate • State tax returns - (First two included in core services) – $[...] per additional return Fees are calculated pro rata and billed monthly Advisor’s signature not needed, because the fees are not changing from the Custody Agreement, dated September 9, 2020. Fee Schedule II for the following Funds: Xxxxx & Power Growth Fund Xxxxx & Power Balanced Fund Xxxxx & Power Small Cap Fund Fund Start-up & Registration Services Project Fee Schedule as of January 2022 Regulatory Administration Service Proposal - In support of external legal counsel $[...] - one fund, per project $[...] - two funds, per project $[...] - three funds, per project Negotiated Fee - four funds and above (Includes MST external counsel fee, subject to services provided; if applicable) • $[...] - Additional fee per sub - adviser • $[...] - Additional fee per drafting multi-manager exemptive application (does not include outside legal costs) • MST may require up to $[...] in escrow Additional Regulatory Administration Services • $[...] - per fund or as negotiated for Subsequent new fund launch • $[...] - per project for Subsequent new share class launch • Multi - managed funds - as negotiated based upon specific requirements • Proxy - as negotiated based upon specific requirements All other miscellaneous fees and expenses, including but not limited to the following, will be separately billed as incurred: Postage, Federal and state filing fees, expenses from Board of Trustee meetings, third party auditing and legal expenses, XXXXX/iXBRL filing. The Fund start-up and registration services project fee is paid for by the adviser and not the Fund(s). This non-refundable fee is not able to be recouped by the adviser under an expense waiver limitation or simi...
Optional Tax Services. Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[ ] per year § Additional Capital Gain Dividend Estimates – (First two included in core services) – $[ ] per additional estimate § State tax returns - (First two included in core services) – $[ ] per additional return Tax Reporting – MLP C-Corporations Federal Tax Returns § Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $[ ] § Prepare Federal and State extensions (If Applicable) – Included in the return fees § Prepare provision estimates – $[ ] Per estimate State Tax Returns § Prepare state income tax returns for funds and blocker entities – $[ ] per state return − Sign state income tax returns – $[ ] per state return − Assist in filing state income tax returns – Included with preparation of returns § State tax notice consultative support and resolution – $[ ] per notice Fund Administration & Portfolio Compliance Services Additional Services Fee Schedule (continued) BookMark Electronic Board Book Portal § USBFS will establish a central, secure portal for Board materials using a unique client board URL. § Your Fund Administrator will load/maintain all fund board book data for the main fund board meetings and meetings. § Features password-protected, encrypted servers with automatic failover. § Training and ongoing system support. § Accessible from your smart phone or iPad. § Allows multiple users to access materials concurrently. § Searchable archive. § Ability to make personal comments. Annual Fee per Trust § [ ] – [ ] users – $[ ] § [ ] – [ ] users – $[ ] § [ ] – [ ] users – $[ ] § [ ] – [ ] users – $[ ] Diligent Boardbooks § Online portal to access board book documents. Each user will receive both online and offline capability access § Minimum fee (includes [ ] board, [ ] committee and [ ] users) § [ ] users may consist of any combination of Board Members/ Executives and Administrators § Accessing Entities and Individuals Installation Fee Annual Fee Affiliate Package $[ ] $[ ] Additional Boards $[ ] $[ ] Additional Committees/Meeting Group $[ ] $[ ] Additional Online & Offline Users (Board Members/Execs) $[ ] $[ ] Online and Offline Users (Administrative
Optional Tax Services. Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $[ ] per year • Additional Capital Gain Dividend Estimates – (First two included in core services) – $[ ] per additional estimate • State tax returns - (First two included in core services) – $[ ] per additional return
Optional Tax Services. The Base Fee includes the following core tax services: M-1 book-to-tax adjustments at fiscal and excise year-end, prepare tax footnotes in conjunction with fiscal year-end audit, Prepare Form 1120-RIC federal income tax return and relevant schedules, Prepare Form 8613 and relevant schedules, Prepare Form 1099-MISC Forms, Prepare Annual TDF FBAR (Foreign Bank Account Reporting) filing, Prepare state returns (Limited to two) and Capital Gain Dividend Estimates (Limited to two). Additional services excluded from the Base Fee are: ▪ Prepare book-to-tax adjustments & Form 5471 for Controlled Foreign Corporations (CFCs) – $5,000 per year ▪ Additional Capital Gain Dividend Estimates – (First two included in core services) – $1,000 per additional estimate ▪ State tax returns - (First two included in core services) – $1,500 per additional return Tax Reporting – C-Corporations Federal Tax Returns ▪ Prepare corporate Book to tax calculation, average cost analysis and cost basis role forwards, and federal income tax returns for investment fund (Federal returns & 1099 Breakout Analysis) – $25,000 ▪ Prepare Federal and State extensions (If Applicable) – Included in the return fees ▪ Prepare provision estimates – $2,000 Per estimate State Tax Returns ▪ Prepare state income tax returns for funds and blocker entities – $1,500 per state return − Sign state income tax returns – $2,000 per state return − Assist in filing state income tax returns – Included with preparation of returns ▪ State tax notice consultative support and resolution – $1,000 per fund Electronic Board Book Portal ▪ U.S. Bank will establish a central, secure portal for Board materials using a unique client board URL. ▪ Your Fund Administrator will load/maintain all fund board book data for the main fund board meetings and meetings. ▪ Features password-protected, encrypted servers with automatic failover. ▪ Training and ongoing system support. ▪ Accessible from your smart phone or iPad. ▪ Allows multiple users to access materials concurrently. ▪ Searchable archive. ▪ Ability to make personal comments. Annual Fee per Trust ▪ 0 – 10 users – $4,800 ▪ 10 – 20 users – $6,000 ▪ 20 – 30 users – $7,000 ▪ 30 – 40 users – $8,000 Miscellaneous Expenses All other miscellaneous fees and expenses, including but not limited to the following, will be separately billed as incurred: Charges associated with accelerated effectiveness at DTCC ,Portfolio Composition File (PCF) management services, SWIFT processing, customized re...
