CALCULATION OF THE PERFORMANCE ADJUSTMENT. The Performance Adjustment for each fiscal quarter of the Fund shall be calculated by multiplying the appropriate Adjustment Percentage (shown below) to the Annual Percentage Rate Schedule applied to the average of the month-end net assets of the Fund over the previous 36 months, and dividing the result by four. The Adjustment Percentage for each fiscal quarter of the Fund shall be determined by applying the following Performance Adjustment Schedule to the cumulative performance of the BG Portfolio relative to the Morgan Stanley Capital International Europe, Austxxxxxxan, Xxx East Index (the "Index") over the rolling 36-month period applicable to such fiscal quarter. (See Fee Example #1 in Appendix.) -------------------------------------------------------------------------------- PERFORMANCE ADJUSTMENT SCHEDULE -------------------------------------------------------------------------------- CUMULATIVE PERFORMANCE OF BG PORTFOLIO VS. ADJUSTMENT PERCENTAGE INDEX OVER APPLICABLE 36-MONTH PERIOD -------------------------------------------------------------------------------- Less than -9% -50% -------------------------------------------------------------------------------- From -9% up to and including 0% Linear decrease from -50% to 0% -------------------------------------------------------------------------------- Greater than 0% and up to and including +9% Linear increase from 0% to +50% -------------------------------------------------------------------------------- More than +9% +50% --------------------------------------------------------------------------------

CALCULATION OF THE PERFORMANCE ADJUSTMENT. The Basic Fee, as provided above, will be increased or decreased by applying a Performance Fee Adjustment (the "Adjustment") based on the investment performance of the MARATHON Portfolio relative to the investment performance of the Morgan Stanley Capital Xxxxxnational - All Country Index (the "Index"). The investment performance of the MARATHON Portfolio will be based on the cumulative return over a trailing 36-month period ending with the applicable quarter, relative to the cumulative total return of the Index for the same time period. The Adjustment applies as follows: ------------------------------------------------------------------------------------------------------------------ PERFORMANCE ADJUSTMENT SCHEDULE ------------------------------------------------------------------------------------------------------------------ CUMULATIVE 36-MONTH PERFORMANCE OF MARATHON PORTFOLIO VS. PERFORMANCE FEE ADJUSTMENT INDEX AS A PERCENTAGE OF BASIC FEE* ----------------------------------------------------------------------------------------------------------------- Exceeds by 3% or less -0.50 x Basic Fee ----------------------------------------------------------------------------------------------------------------- Exceeds by more than 5% up to 6% -0.25 x Basic Fee ----------------------------------------------------------------------------------------------------------------- Exceeds by 6% through 9% 0.00 x Basic Fee ----------------------------------------------------------------------------------------------------------------- Exceeds by more than 9% but less than 12% +0.25 x Basic Fee ----------------------------------------------------------------------------------------------------------------- Exceeds by 12% or more +0.50 x Basic Fee ----------------------------------------------------------------------------------------------------------------- * For purposes of determining the fee adjustment calculation, the quarterly rate is applied against the net assets of the MARATHON Portfolio averaged over the same time period for which the performance is measured.

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CALCULATION OF THE PERFORMANCE ADJUSTMENT. If the average daily net assets of the Fund remain constant during a 36-month performance measurement period, current net assets will be the same as average net assets over the performance measurement period and the maximum Performance Adjustment will be equivalent to 0.15% of current net assets. When current net assets vary from average net assets over the 36-month performance measurement period, the Performance Adjustment, as a percentage of current assets, may vary significantly, including at a rate more or less than 0.15%, depending upon whether the net assets of the Fund had been increasing or decreasing (and the amount of such increase or decrease) during the performance measurement period. Note that if net assets for the Fund were increasing during the performance measurement period, the total performance fee paid, measured in dollars, would be more than if the Fund had not increased its net assets during the performance measurement period. The following hypothetical examples illustrate the application of the Performance Adjustment for the Fund. The examples assume that the average daily net assets of the Fund remain constant during a 36-month performance measurement period. The Performance Adjustment would be a smaller percentage of current assets if the net assets of the Fund were increasing during the performance measurement period, and a greater percentage of current assets if the net assets of the Fund were decreasing during the performance measurement period. All numbers in the examples are rounded to the nearest hundredth percent. The net assets of the Fund as of the twelve months ended June 30, 2015 and June 30, 2016 were $571,928,869 and $506,372,438, respectively. Under the Amended Advisory Agreement, the monthly maximum positive or negative Performance Adjustment of 1/12th of 0.15% of average net assets during the prior 36 months occurs if the Fund outperforms or underperforms its Performance Fee Benchmark by 5.00% over the same period. The Performance Adjustment is made in even increments for every 0.50% difference in the investment performance of the Fund’s Service Shares compared to the cumulative investment record of the Performance Fee Benchmark. Example 1: Fund Outperforms its Performance Fee Benchmark by 5.00% If the Fund has outperformed its Performance Fee Benchmark by 5.00% during the preceding 36 months, the Fund would calculate the investment advisory fee as follows: Base Fee Rate Performance Adjustment Rate Total Investment F...

CALCULATION OF THE PERFORMANCE ADJUSTMENT. The Performance Adjustment for each fiscal quarter of the Fund shall be calculated by multiplying the appropriate Adjustment Percentage (shown below) to the Annual Percentage Rate applied to the average of the month-end net assets of the DSCO Portfolio over the previous 60-months, and dividing the result by four. The Adjustment Percentage for each fiscal quarter of the DSCO Portfolio shall be determined by applying the following Performance Adjustment Schedule to the cumulative performance of the DSCO Portfolio relative to the MSCI Investable Market 2500 Index (the "Index") over the rolling 60-month period applicable to such fiscal quarter. (See Fee Example #1.) PERFORMANCE ADJUSTMENT SCHEDULE ------------------------------- CUMULATIVE PERFORMANCE OF DSCO PORTFOLIO VS. ADJUSTMENT PERFORMANCE INDEX OVER APPLICABLE 60-MONTH PERIOD --------------------------------------- ---------------------- More than +12% +50% to base fee Greater than 0% up to and including +12% Linear increase between 0% to 50% From -12% up to and including 0% Linear decrease between -50% to 0% Less than -12% -50% to base fee

CALCULATION OF THE PERFORMANCE ADJUSTMENT. Each month, the rate of any positive Performance Adjustment shall be equal to 0.75% multiplied by the ratio of the number of percentage points by which the investment performance of Series Z (the "Investment Performance") exceeds the investment record (the "Investment Record") of the Standard & Poor's 500 Composite Stock Price Index (the "Index") over the twelve-month period ending on the last day of that month (the "Measuring Period") as compared to 15 percentage points. For example, if the Investment Performance of Series Z was 6.6% and the Investment Record of the Index was 0%, the ratio would be 6.6 to 15, or 0.44, times 0.75%, for an upward Performance Adjustment rate of 0.33%. Similarly, the rate of any negative Performance Adjustment shall be equal to 0.75% multiplied by the ratio of the number of percentage points by which the Investment Performance of the Series is less than the Investment Record of the Index over the Measuring Period as compared to 15 percentage points. For example, if the Investment Performance of the Series was -10.0% and the Investment Record of the Index was 0%, the ratio would be 10 to 15, or 0.667, times 0.75%, for a downward Performance Adjustment rate of 0.50%. After the rate of the Performance Adjustment has been determined as described above, the Management Company will determine the dollar amount of such Performance Adjustment by multiplying the Performance Adjustment rate by the average daily net assets of the Series during the Measuring Period and dividing that number by the number of days in the Measuring Period and then multiplying that amount by the number of days in the current month. The dollar amount of the Total Fee then equals the dollar amount of the Base Fee as adjusted by the dollar amount of the Performance Adjustment. Each month, the maximum or minimum Performance Adjustment shall be equal to 1/12th of 0.75% of the average daily net assets of Series Z during the Measuring Period (subject to minor accounting adjustments to account for the specific number of days in the month) when the Investment Performance of Series Z is superior or inferior to the Investment Record of the Index by 15 percentage points or more over the Measuring Period. The maximum Total Fee payable to the Management Company in any month is then equal to 1/12th of 2.00% of Series Z's average daily net assets over that month (i.e., the Base Fee), plus 1/12th of 0.75% of Series Z's average daily net assets over the Measuring Period (i.e., ...

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