Common use of COMPENSATION OF ADVISER Clause in Contracts

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first $2.5 billion of net assets, .95% on the next $1.25 billion, .90% on the next $1.25 billion of net assets and .85% on net assets in excess of $5 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.90% on the next from $1.25 2-3 billion, 0.80% from $3-5 billion, 0.75% from $5-7.5 billion, 0.70% from $7.5-10 billion of net assets and .850.65% on net assets in excess of $5 10 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.95% on the next from $1.25 2 to 3 billion, 0.875% from $3 to 7 billion of net assets and .850.85% on net assets in excess of $5 7 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00[____]% on the first $2.5 billion of net assets, .95% on the next $1.25 billion, .90% on the next $1.25 billion of net assets and .85% on net assets in excess of $5 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.000.75% on the first up to $2.5 billion of net assets, .95% on the next $1.25 5 billion, .900.70% on the next from $1.25 5-7.5 billion, 0.675% from $7.5-10 billion, 0.65% from $10-12.5 billion, 0.60% from $12.5-16.0 billion of net assets and .850.585% on net assets in excess of $5 16.0 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .952 billion; 0.95% on the next from $1.25 2-3 billion, .90; 0.85% on the next from $1.25 billion of net assets and .85% on net assets in excess of $3-5 billion. ; 0.825% from $5-7.5 billion; 0.815% from $7.5-11 billion; 0.805% from $11-16.5 billion; 0.80% from $16.5-23 billion; 0.795% from $23-30 billion; 0.79% from $30-35 billion; and 0.785 over $35 billion The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser Advisre a monthly fee, based on the Fund's net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first $2.5 billion of net assets, .95% on the next $1.25 billionbillion of net assets, .90% on the next $1.25 billion of net assets and assets, .85% on net assets in excess of $5 billion and .80% on net assets in excess of $10 billion. The fee for a month shall be paid as soon as practicable after the last day of that the month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.95% on the next from $1.25 2-3 billion, 0.85% from $3-5 billion, 0.825% from $5-7.5 billion, 0.815% from $7.5-11 billion, 0.805% from $11-16.5 billion of net assets and .850.800% on net assets in excess of $5 16.5 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00.75% on the first $5 billion of net assets, .70% on the next $2.5 billion of net assets, .95.675% on the next $1.25 billion, .90% on the next $1.25 2.5 billion of net assets and .85asset, .65% on net assets in excess of $5 10 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 1 billion, .900.95% on the next from $1.25 1-1.5 billion, 0.90% from $1.5-2 billion, 0.85% from $2-2.5 billion, 0.80% from $2.5-5 billion, 0.75% from $5-10 billion of net assets and .850.725% on net assets in excess of $5 10 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.95% on the next from $1.25 2-3 billion, 0.85% from $3-5 billion, 0.825% from $5-7.5 billion; 0.815% from $7.5-11 billion, 0.805% from $11-16.5 billion of net assets and .850.800% on net assets in excess of $5 16.5 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser Advisre a monthly fee, based on the Fund's net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first $2.5 1 billion of net assets, .95% on the next $1.25 billion500 million of net assets, .90% on the next $1.25 billion 500 million of net assets, .80% on net assets in excess of $2.5 billion and .85.75% on net assets in excess of $5 billion. The fee for a month shall be paid as soon as practicable after the last day of that the month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.90% on the next from $1.25 2-3 billion, 0.80% from $3-5 billion, 0.75% from $5-7.5 billion, 0.70% from $7.5-10 billion of net assets and .850.65% on net assets in excess of $5 10 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.95% on the next from $1.25 2-3 billion, 0.85% from $3-5 billion, 0.825% from $5-7.5 billion; 0.815% from $7.5-11 billion of net assets and .850.805% on net assets in excess of $5 11 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.000.75% on the first up to $2.5 billion of net assets, .95% on the next $1.25 5 billion, .900.70% on the next from $1.25 billion of net assets 5-7.5 billion, 0.675% from $7.5-10 billion, 0.65% from $10-12.5 billion, 0.60% from $12.5-16 billion; 0.585% from $16-21 billion; 0.5775% from $21-28 billion; and .850.5725% on net assets in excess of over $5 28 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's net assets as of the last business day of the preceding month, at the annual rate of 1.00.75% on the first $5 billion of net assets, .70% on the next $2.5 billion of net assets, .95.675% on the next $1.25 billion, .90% on the next $1.25 2.5 billion of net assets and .85assets, .65% on net assets in excess of $5 10 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.95% on the next from $1.25 2-3 billion, 0.85% from $3-5 billion, 0.825% from $5-7.5 billion, 0.815% from $7.5-11 billion, 0.805% from $11-16.5 billion, 0.800% from $16.5-23 billion of net assets and .850.795% on net assets in excess of $5 23 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.

COMPENSATION OF ADVISER. For the services to be rendered and the charges and expenses to be assumed and to be paid by the Adviser hereunder, the Trust shall pay out of Fund assets to the Adviser a monthly fee, based on the Fund's ’s net assets as of the last business day of the preceding month, at the annual rate of 1.00% on the first up to $2.5 billion of net assets, .95% on the next $1.25 2 billion, .900.90% on the next from $1.25 2-3 billion, 0.80% from $3-5 billion, 0.75% from $5-7.5 billion, 0.675% from $7.5-10 billion of net assets and .850.625% on net assets in excess of $5 10 billion. The fee for a month shall be paid as soon as practicable after the last day of that month. The fee payable hereunder shall be reduced proportionately during any month in which this agreement is not in effect for the entire month.