Common use of Calculation and Payment of Expenses Clause in Contracts

Calculation and Payment of Expenses. 1. Process and pay invoices on behalf of the Fund until the date Mellon assumes responsibility for paying approved invoices; effective as of such date, approve bills for payment by Mellon and provide Mellon with allocation instructions and wire instructions. 2. Provide Mellon with information on the amount of directors’/trustees’ fees to be accrued and the methodology for allocating these expenses among the Portfolios. 3. Issue checks on behalf of the Fund to directors/trustees for director/trustee compensation (net of Philadelphia city wage tax) and for reimbursement of meeting expenses; remit Philadelphia city wage tax on behalf of directors/trustees with respect to such payments. 4. Provide Mellon with asset-based fee information on an annual basis, promptly notify Mellon of any changes impacting these fees, and review and approve Mellon’s fee calculations based on timeframes detailed in the applicable Service Level Document (as defined below). 5. Provide Mellon with any applicable expense limitations and review Portfolio expenses to ensure that expense limitations have been properly implemented. 6. Review budget assumptions employed by Mellon for new and existing Portfolios, inform Mellon of any significant new items requiring accrual or changes to current accruals, and review the over accruals/under accruals and approve non-routine adjustments to journal entries before the year-end excise tax period.

Calculation and Payment of Expenses. 1. Process and pay invoices on behalf of the Fund until the date BNY Mellon assumes responsibility for paying approved invoices; effective as of such date, approve bills for payment by BNY Mellon and provide BNY Mellon with allocation instructions and wire instructions. 2. Provide BNY Mellon with information on the amount of directors’/trustees’ fees to be accrued and the methodology for allocating these expenses among the Portfolios. 3. Issue checks on behalf of the Fund to directors/trustees for director/trustee compensation (net of Philadelphia city wage tax) and for reimbursement of meeting expenses; remit Philadelphia city wage tax on behalf of directors/trustees with respect to such payments. 4. Provide BNY Mellon with asset-based fee information on an annual basis, promptly notify BNY Mellon of any changes impacting these fees, and review and approve BNY Mellon’s fee calculations based on timeframes detailed in the applicable Service Level Document (as defined below). 5. Provide BNY Mellon with any applicable expense limitations and review Portfolio expenses to ensure that expense limitations have been properly implemented. 6. Review budget assumptions employed by BNY Mellon for new and existing Portfolios, inform BNY Mellon of any significant new items requiring accrual or changes to current accruals, and review the over accruals/under accruals and approve non-routine adjustments to journal entries before the year-end excise tax period.

Calculation and Payment of Expenses. 1. Process and pay invoices on behalf of the Fund until the date Mellon assumes responsibility for paying approved invoices; effective as of such date, approve bills for payment by Mellon and provide Mellon with allocation instructions and wire instructions. 2. Provide Mellon with information on the amount of directors’/trustees’ fees to be accrued and the methodology for allocating these expenses among the PortfoliosFund series. 3. Issue checks on behalf of the Fund to directors/trustees for director/trustee compensation (net of Philadelphia city wage tax) and for reimbursement of meeting expenses; remit Philadelphia city wage tax on behalf of directors/trustees with respect to such payments. 4. Provide Mellon with asset-based fee information on an annual basis, promptly notify Mellon of any changes impacting these fees, and review and approve Mellon’s fee calculations based on timeframes detailed in the applicable Service Level Document (as defined below). 5. Provide Mellon with any applicable expense limitations and review Portfolio Fund series expenses to ensure that expense limitations have been properly implemented. 6. Review budget assumptions employed by Mellon for new and existing PortfoliosFund series, inform Mellon of any significant new items requiring accrual or changes to current accruals, and review the over accruals/under accruals and approve non-routine adjustments to journal entries before the year-end excise tax period.