LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

Payable by LMIR Trust(c) Any other substantial fee orcharge (i.e. 0.1% or more of LMIRTrust’s asset value)(i) Acquisition fee (payable to theManager) . . . . . . . . . . . . . . . . .(ii)Divestment fee(payable to the Manager) . . . . .(iii) Property Manager’s fee(payable to the PropertyManager) . . . . . . . . . . . . . . . . . .Amount payableFor any Authorised Investment acquired directly or indirectlyfrom time to time by the Trustee on behalf of LMIR Trust, theacquisition fee payable to the Manager shall be 1.0% of thepurchase price of such Authorised Investment acquired by LMIRTrust.No acquisition fee is payable for the acquisition of the initialproperty portfolio of LMIR Trust.The acquisition fee is payable to the Manager in the form of cashand/or Units (as the Manager may elect in its sole discretion) atthe then prevailing market price provided that in respect of anyacquisition of real estate assets from interested parties, such afee should, if required by the applicable laws, rules and/orregulations, be in the form of Units issued by LMIR Trust atprevailing market price(s) and subject to such transferrestrictions as may be imposed. At present, the PropertyFunds Guidelines prescribe that such Units should not besold within one year from the date of their issuance.Any payment to third party agents or brokers in connection withthe acquisition of any Authorised Investment for LMIR Trust shallbe paid by the Manager to such persons out of the DepositedProperty of LMIR Trust or the assets of the relevant SPV, and notout of the acquisition fee or the divestment fee received or to bereceived by the Manager.0.5% of the sale price (after deducting the interest of any coownersor co-participants) of any Authorised Investment directlyor indirectly sold or divested from time to time by the Trustee onbehalf of LMIR Trust.The divestment fee is payable to the Manager in the form of cashand/or Units (as the Manager may elect in its sole discretion) atthe then prevailing market price provided that in respect of anysale or divestment of real estate assets to interested parties,such a fee should, if required by the applicable laws, rules and/orregulations, be in the form of Units issued by LMIR Trust atprevailing market price(s) and subject to such transferrestrictions as may be imposed. At present, the PropertyFunds Guidelines prescribe that such Units should not besold within one year from the date of their issuance.Any payment to third party agents or brokers in connection withthe sale or divestment of any Authorised Investment for LMIRTrust shall be paid by the Manager to such persons out of theDeposited Property of LMIR Trust or the assets of the relevantSPV, and not out of the acquisition fee or the divestment feereceived or to be received by the Manager.Under the Existing Property Management Agreements inrespect of each Retail Mall, the Property Manager will provideretail management services, advertising and promotion53