Brand Amounts payable to the Series are generally expected to equal the applicable Brand Percentage multiplied by the athlete’s gross qualifying earnings before athlete-level taxes, as defined in the Brand Advisory Agreement. After the Series receives those amounts, pro rata distributions to Unit holders are expected quarterly from available Free Cash Flow.
Series operating fees and expenses are currently expected to be negligible relative to Brand Amounts received. The payment date for a particular quarter depends on when the Series receives those amounts and completes the applicable processing, while actual expenses, taxes, reserves, other obligations, timing, and Manager discretion may affect the amount available. Distributions are not guaranteed.
Agentiq will provide a payment date after a distribution has been declared. The applicable Offering Circular and Series documents control Manager discretion, timing, calculations, and payment procedures. SEC qualification permits sales of the qualified offering; it is not SEC approval, recommendation, endorsement, or a suitability determination.