Common use of COMPENSATION OF SUBADVISER Clause in Contracts

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40% above $1 billion .30% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion 100 million .45% above $100 to $500 million .40% above $1 billion .30500 million .35% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's Subadvisers fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's Funds Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's Funds Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion 100 million .45% above $100 to $500 million .40% above $1 billion .30500 million .35% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- First $0 to 500 million 0.450% Next $500 million 0.440% Amount over $1 billion .40% above $1 billion .300.410% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will calculate and pay to the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40250 million 0.18 % above $1 billion .30250 million to $500 million 0.16 % Over $500 million 0.14 % For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- First $0 to 100 million 0.400% Next $1 billion .40400 million 0.350% above Amount over $1 billion .30500 million 0.300% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40200 million 0.35% above $1 billion .30200 to $400 million 0.275% Over $400 million 0.25% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40250 million 0.25% above $1 billion .30250 million to $500 million 0.20% Over $500 million 0.15% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined. To the extent the Subadviser provides investment advice or investment management services concerning the investments of the Fund through its affiliate OFII pursuant to paragraph 1 above, the Subadviser alone shall be resposible for the compensation of OFII for its services.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40200 million 0.35 % above $1 billion .30200 to $400 million 0.27 % Over $400 million 0.25 % For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to First $1 billion .400.450% above Next $1 billion .300.400% Amount over $2 billion 0.350% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with based on the net asset value of the Fund, determined as described below. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40250 million 0.45% above $1 billion .30250 million to $750 million 0.40% Over $750 million 0.35% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $ 1 billion 0.40% Over $1 billion .40and less than or equal to $2.5 billion 0.33% above Over $1 2.5 billion .300.29% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid in USD quarterly in arrears, which varies in accordance with the net asset value of the Fund. Fee will be calculated by the Investment Adviser and the Subadviser will not be required to send an invoice to the client. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40% above $1 billion .30% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory subadvisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40100 million 0.45% above Over $1 billion .30100 million to $750 million 0.40% Over $750 million 0.35% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will calculate and pay to the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40% above $1 billion .30All Assets 0.40 % For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40100 million 0.50% above Over $1 billion .30100 million to $250 million 0.45% Over $250 million 0.40% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment advisory -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- ------------------------------------------- $0 to $1 billion .40% above $1 billion .30% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .400.350% above Over $1 billion .300.325% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40250 million 0.60% above Over $1 billion .30250 million 0.55% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the portion of each Fund with respect to which the Subadviser provides investment advice and investment management services as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40% above $1 billion .30% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with based on the net asset value of the Fund, determined as described below. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40250 million 0.45 % above $1 billion .30250 million to $750 million 0.40 % Over $750 million 0.35 % For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will calculate the fees and pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40% above $1 billion .30All Assets 0.40% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40100 million 0.55% above $1 billion .30100 million to $200 million 0.50% Over $200 million 0.45% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- First $0 to 100 million 0.400 % Next $1 billion .40400 million 0.350 % above Amount over $1 billion .30500 million 0.300 % For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.

COMPENSATION OF SUBADVISER. As compensation for all investment -------------------------- advisory and management services to be rendered hereunder, the Investment Adviser will pay the Subadviser an annual fee, computed daily and paid quarterly in arrears, which varies in accordance with the net asset value of the Fund. The annual subadvisory fee is expressed as a percent of the average daily net assets of the Fund as follows: ASSET LEVEL FEE RATE ----------- -------- $0 to $1 billion .40250 million 0.25% above $1 billion .30250 million to $500 million 0.20% Over $500 million 0.15% For any period less than a full fiscal quarter during which this Agreement is in effect, the fee shall be prorated according to the proportion, proportion which such period bears to a full fiscal quarter. The Subadviser's ’s fee shall be payable solely by the Investment Adviser. The Fund shall have no responsibility for such fee. For purposes hereof, the value of net assets of the Fund shall be computed in the manner specified in the Fund's ’s Prospectus and Statement of Additional Information for the computation of the value of the net assets of the Fund in connection with the determination of net asset value of its shares. On any day that the net asset value determination is suspended as specified in the Fund's ’s Prospectus, the net asset value for purposes of calculating the advisory fee shall be calculated as of the date last determined.