Common use of Annual Account Service Fees Clause in Contracts

Annual Account Service Fees. Open Accounts1 Up to 700,000 accounts2 Direct Accounts Networked Accounts (ML 3) Accounts in excess of 700,000 accounts Direct Accounts Networked Accounts (ML 3) Accounts in excess of 1,000,000 accounts Direct Accounts Networked Accounts (ML 3) Closed Accounts Complex Base Fee Fees also include the following services at no additional charge: Audio Response – not including long distance and advanced features State Tax Reporting AML – Networked & Non-Networked Federal Wires Compliance Program (cont’d on next page) 1 Open Accounts are defined as an account which is open at any time during the month. Open Accounts may also be referred to as “Accounts Serviced”. 2 Breakpoint Discounts For Phoenix accounts between 700,001-1,000,000 the Sub-Transfer Agent will provide a discount of . For each Phoenix account the Sub-Transfer Agent services above 1,000,000 a TOTAL discount of will apply. For example: if the Sub-Transfer Agent services 1,000,000 Phoenix accounts, the discount would be . If the Sub-Transfer Agent services 1,050,000 Phoenix accounts, the discount would be . SCHEDULE 3.1 FEES (continued) Fees also include the following services at no additional charge: Regulatory Compliance Same Day Cash AWD RIP Omnibus Transparency (investigation fees only) Investor 12b1/TASS 12b1 processing Checkwriting Commfee Crystal reporting (for agreed upon reports where information available thru Powerselect) Sub-TA invoice process Omnibus Transparency Full Service Fees: Annual Technology Fee Accountlets3 0-500,000 500,001-2,000,000 2,000,001 and greater Investigation Fees Out of Pocket Expenses: In accordance with Section 3.2 of the Agreement. Out-of-pocket expenses will not be increased without the prior approval of the Transfer Agent. PHOENIX EQUITY PLANNING CORPORATION BOSTON FINANCIAL DATA SERVICES, INC. By: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxx X. Xxxxxxx Name: Xxxxx Xxxxxxxx Name: Xxxx X. Xxxxxxx Title: Vice President, Mutual Fund Services Title: Division Vice President 3 An accountlet is the underlying sub-position on a Financial Intermediary’s system for an omnibus account. 4 Sub-Transfer Agent shall provide at least 60 days prior written notice to the Transfer Agent in the event Sub-Transfer Agent removes this fee waiver.

Annual Account Service Fees. Open Accounts1 Up to 700,000 accounts2 Direct Accounts Networked Accounts (ML 3) Accounts in excess of 700,000 accounts Direct Accounts Networked Accounts (ML 3) Accounts in excess of 1,000,000 accounts Direct Accounts Networked Accounts (ML 3) Closed Accounts Complex Base Fee Fees also include the following services at no additional charge: Audio Response – - not including long distance and advanced features State Tax Reporting AML – - Networked & Non-Networked Federal Wires Compliance Program Regulatory Compliance Same Day Cash (cont’d on next page) 1 Open Accounts are defined as an account which is open at any time during the month. Open Accounts may also be referred to as “Accounts Serviced”. 2 Breakpoint Discounts For Phoenix accounts between Accounts 700,001-1,000,000 the Sub-Transfer Agent will provide a discount of $ /Yr/Acct. For each Phoenix account Account the Sub-Transfer Agent services above 1,000,000 a TOTAL discount of $ /Yr/Acct will apply. For example: if If the Sub-Transfer Agent services 1,000,000 Phoenix accounts, Accounts the discount would be $ . If the Sub-Transfer Agent services 1,050,000 Phoenix accounts, Accounts the discount would be $ . SCHEDULE 3.1 FEES (continued) Fees also include the following services at no additional charge: Regulatory Compliance Same Day Cash AWD RIP Omnibus Transparency (investigation fees only) Investor 12b1/TASS 12b1 processing Checkwriting Commfee Crystal reporting (for agreed upon reports where information available thru through Powerselect) Sub-TA invoice process Omnibus Transparency Full Service Fees: Annual Technology Fee Accountlets3 0-500,000 500,001-2,000,000 2,000,001 and greater Investigation Fees Out of Pocket ExpensesInternet Presentment Application Fees: In accordance with Section 3.2 of the Agreement. Out-of-pocket expenses will not be increased without the prior approval of the Transfer Agent. PHOENIX EQUITY PLANNING CORPORATION BOSTON FINANCIAL DATA SERVICES, INC. ByELECTRONIC SERVICES Application Type: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxx X. Xxxxxxx Name: Xxxxx Xxxxxxxx Name: Xxxx X. Xxxxxxx Title: Vice President, Mutual Fund Services Title: Division Vice President 3 An accountlet is the underlying sub-position on a Financial Intermediary’s system for an omnibus account. 4 Sub-Transfer Agent shall provide at least 60 days prior written notice to the Transfer Agent in the event Sub-Transfer Agent removes this fee waiver.Investor Statement & Tax 1.1 ELECTRONIC SOLUTIONS Item Charge Unit Unit Price