Recovering Fees

The amount of Life Time remaining in the Fund at the time of withdrawal will be used to calculate the fees paid to be returned to the Investors unless the Fund has been forcibly terminated, in which case the Life Time remaining in the Fund at the time of the forced termination, i.e., as of the Forced Termination Date, will be used as the Life Time.

Unlike the Commissions Payable formula, the current month's commissions are not recovered here. In Commissions Payable, on the other hand, the current month's commissions are paid in full. In other words, if I join mid-monthly, I will pay commissions for that full month and the rest of the months. If I decide to leave at that same moment, I will recover the commissions calculated from the next month.