AUM Definition 1 | Clipmarks


	AUM Definition 1

dsesquire

6-30-2008 1:43 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/479a0e39-22d2-4a60-bc53-866cd531c436/FAEBCFC1-AC55-4139-9383-920A35C07F82/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.techagreements.com/agreement-preview.aspx?num=319197&title=Stilwell%20Financial%20-%205-year%20Revolving%20Credit%20Facility&search=d2normal&hl=B!ZAgreementsE!ZB!ZcreditE!ZB!ZlineE!Z&ex=B!ZCertain%20Other%20BL!ZAgreementsEL!ZE!Z!B!ZE!Z!B!ZE!Z!" href="http://www.techagreements.com/agreement-preview.aspx?num=319197&title=Stilwell%20Financial%20-%205-year%20Revolving%20Credit%20Facility&search=d2normal&hl=B!ZAgreementsE!ZB!ZcreditE!ZB!ZlineE!Z&ex=B!ZCertain%20Other%20BL!ZAgreementsEL!ZE!Z!B!ZE!Z!B!ZE!Z!" style="font-size: 11px;">www.techagreements.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.techagreements.com/agreement-preview.aspx?num=319197&title=Stilwell%20Financial%20-%205-year%20Revolving%20Credit%20Facility&search=d2normal&hl=B!ZAgreementsE!ZB!ZcreditE!ZB!ZlineE!Z&ex=B!ZCertain%20Other%20BL!ZAgreementsEL!ZE!Z!B!ZE!Z!B!ZE!Z!"><DIV>                   "Average Assets Under Management" shall mean, on any date, the average of assets under management by Stilwell and its Consolidated Subsidiaries for the period of three  consecutive  months ending on such date, the average of which is computed by  accumulating  the daily total for assets under  management and  dividing  such  result by the total  number of days during such three month period,  which  computation  shall  be  made in a  manner  consistent  with  the computations  reported in Stilwell's  Current  Report on Form 8-K filed with the Securities and Exchange Commission each month. For any date that is not the last day of a month,  the  average  will be  computed  based upon the last day of the month most  recently  ended prior to such date and in the same manner  described herein.</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/FAEBCFC1-AC55-4139-9383-920A35C07F82/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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