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Fund Agreement
Agreement
The Fund Administrator and attorneys have agreed to direct periodic payments to The Sample Law
Firm, LLC from the XYZ Sample QSF to fulfill an attorney fee obligation.
XYZ Sample QSF agrees to pay to the law firm named below ("Payee") the sums outlined in
Section 2 below:
2.0 Payments
2.1 Periodic payments made according to the schedule as follows (the "Periodic
Payments"):
To: The Sample Law Firm, LLC
1. Ten (10) payments as follows:
1/10 of the fund measurement value payable on January 1, 2026;
1/9 of the fund measurement value payable on January 1, 2027;
1/8 of the fund measurement value payable on January 1, 2028;
1/7 of the fund measurement value payable on January 1, 2029;
1/6 of the fund measurement value payable on January 1, 2030;
1/5 of the fund measurement value payable on January 1, 2031;
1/4 of the fund measurement value payable on January 1, 2032;
1/3 of the fund measurement value payable on January 1, 2033;
1/2 of the fund measurement value payable on January 1, 2034; and
Payments provided for in this section shall be payable in cash, however such payments may be
made in securities and/or non-publicly traded securities and/or non-publicly traded notes or debt
instruments, which are allowable investments under the Investment Policy Statements herein, to
the extent such investments are illiquid and no cash is available for distribution.
2.2 The “beginning fund measurement value” shall be $1,000,000.
The “fund measurement value” is defined and set forth in Kenmare Assignment Company
Limited Investment Performance Measurement Standard 2020XX0XXX effective September 1
2020, which is included as Attachment Number One to this Fund Agreement and as an
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