Common use of Capital Appreciation Value Fund Clause in Contracts

Capital Appreciation Value Fund. The Subadviser shall serve as subadviser for the Portfolio of the Trust listed below. The Adviser will pay the Subadviser, as full compensation for all services provided under this Agreement with respect to the Portfolio, the fee computed separately for such Portfolio at an annual rate as follows (the “Subadviser Fee”): Portfolio First $250 million of Aggregate Net Assets* Excess Over $250 million of Aggregate Net Assets* Capital Appreciation Value Fund XXX% XXX% Portfolio First $1 billion of Aggregate Net Assets* Excess Over $1 billion of Aggregate Net Assets* Capital Appreciation Value Fund XXX% XXX% Portfolio First $500 million of Aggregate Net Assets* Excess Over $500 million of Aggregate Net Assets* Capital Appreciation Value Fund XXX% XXX% Capital Appreciation Value Fund XXX% *The term Aggregate Net Assets for a given day includes the net assets of a Portfolio of the Trust, as indicated below, managed by the Subadviser. It also includes with respect to each Portfolio the net assets of one or more other portfolios as indicated below managed by the Subadviser, but in each case only for the period during which the Subadviser for the Portfolio also serves as the subadviser for the other portfolio(s). For purposes of determining Aggregate Net Assets and calculating the Subadviser Fee for a given day, the net assets of the Portfolio and each other portfolio of the Trust are determined by the custodian or fund accountant as of the close of business on the previous business day of the Trust, and the net assets of each other portfolio are determined as of the close of business on the previous business day of that other portfolio.

Capital Appreciation Value Fund. The Subadviser shall serve as subadviser for the Portfolio of the Trust listed below. The Adviser will pay the Subadviser, as full compensation for all services provided under this Agreement with respect to the Portfolio, the fee computed separately for such Portfolio at an annual rate as follows (the “Subadviser Fee”): Portfolio First $250 million of Aggregate Net Assets* Excess Over $250 million of Aggregate Net Assets* Capital Appreciation Value Fund XXX% XXX% [ ]% [ ]% Portfolio First $1 billion of Aggregate Net Assets* Excess Over $1 billion of Aggregate Net Assets* Capital Appreciation Value Fund XXX% XXX% Portfolio First $500 million of Aggregate Net Assets* Excess Over $500 million of Aggregate Net Assets* [ ]% [ ]% Capital Appreciation Value Fund XXX% XXX% [ ]% [ ]% Capital Appreciation Value Fund XXX% [ ]% *The term Aggregate Net Assets for a given day includes the net assets of a Portfolio of the Trust, as indicated below, Trust managed by the Subadviser. It also includes with respect to each Portfolio the net assets of one or more other portfolios as indicated below managed by the Subadviser, but in each case only for the period during which the Subadviser for the Portfolio also serves as the subadviser for the other portfolio(s). For purposes of determining Aggregate Net Assets and calculating the Subadviser Fee for a given day, the net assets of the Portfolio and each other portfolio of the Trust are determined by the custodian or fund accountant as of the close of business on the previous business day of the Trust, and the net assets of each other portfolio are determined as of the close of business on the previous business day of that other portfolio.