Class Specific Contractual Expense Limitations Sample Clauses

Class Specific Contractual Expense Limitations. For purposes of this Appendix: Except as noted, the Adviser contractually agrees to waive and/or reimburse all class-specific expenses* for the share classes of the Fund listed in the table below, including Rule 12b-1 fees, transfer agency fees and service fees, shareholder servicing fees, blue-sky fees, and printing and postage fees, as applicable,** and other class-specific expenses (“Class Level Expenses”), to the extent they exceed the amount of average annual net assets (on an annualized basis) attributable to the class set forth in the table (the “Class Expense Waiver”). For purposes of implementing any total fund operating expense limitations set forth in the tables in Appendix C in addition to a Class Expense Waiver for the same share class, the Class Expense Waiver will be applied first and if following the application of the Class Expense Waiver to the extent that “Expenses” of the share class (as described in Appendix C) exceed the percentage of average annual net assets (on an annualized basis) attributable to the class as set forth in the table in Appendix C (the “Class Total Operating Contractual Expense Limitation”), the Adviser contractually agrees to reduce its management fee or, if necessary, make payment to the class in an amount equal to the amount by which “Expenses” (as described in Appendix C) of the share class exceed the Class Total Operating Contractual Expense Limitation. The current expense limitation agreements expire on the dates specified, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. *For Value Equity Fund, the Adviser contractually agrees to waive and/or reimburse all transfer agency fees and service fees, as applicable, to the extent they exceed the amount of average annual net assets (on an annualized basis) attributable to the class set forth in the table, but not all class-specific expenses. For Value Equity Fund, the Adviser voluntarily agrees to waive and/or reimburse all blue-sky fees and printing and postage fees, as applicable, to the extent they exceed the amount of average annual net assets (on an annualized basis) attributable to the class set forth in the table. This voluntary fee waiver and/or expense reimbursement may be amended or terminated at any time by the Adviser on notice to the Trust. **Blue-sky fees and printing and postage fees are applicable Class Level Expenses for the Class Expense Waiver of...