Common use of Compensation of the Sub-Advisor Clause in Contracts

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of the first $10 million of the average daily net assets of the Fund managed by the Sub-Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of the first $10 million of the average daily net assets of the Fund managed by the Sub-Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares interests thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of X.XX% on the first $10 200 million of average daily net assets of the Fund, X.XX% on the next $800 million of average daily net assets of the Fund, and X.XX% on average daily net assets of the Fund managed over $1 billion; without regard to any total expense limitation or other fee waiver applied by the Sub-Trust or the Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of shares thereofshares. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunderfees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.450.85% of the first $10 30 million of the average daily net assets of the Fund managed by the Sub-AdvisorFund, 0.400.80% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 30 million and up to $50 million and 0.35million, 0.70% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million and up to $70 million, and 0.60% of the average daily net assets of the Fund in excess of $70 million. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45[0.00% the first $0 million of average daily net assets of the Fund, 0.00% of the first next $10 0 million of average daily net assets of the Fund, 0.00% of the next $0 million of average daily net assets of the Fund managed by the Sub-Advisor, 0.40and 0.00% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up 0 million] without regard to $50 million and 0.35% any total expense limitation of the average daily net assets of Trust or the Fund managed by the Sub-Advisor in excess of $50 millionAdvisor. Such fee shall be computed and accrued dailydaily and paid monthly in arrears. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of XX% on the first $10 100 million of average daily net assets of the Fund, XX% on the next $100 million of average daily net assets of the Fund, XX% on the next $100 million of average daily net assets of the Fund, and XX% on average daily net assets of the Fund managed over $300 million; without regard to any total expense limitation or other fee waiver applied by the Sub-Trust or the Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of shares thereofshares. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunderfees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% XXX% of the first $10 million XXX of average daily net assets of the Fund, XXX% of the next $XXX of average daily net assets of the Fund, XXX% of the next $XXX of average daily net assets of the Fund, and XXX% of average daily net assets of the Fund managed by the Sub-Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up XXX, without regard to $50 million and 0.35% any total expense limitation of the average daily net assets of Trust or the Fund managed by the Sub-Advisor in excess of $50 millionAdvisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.450.60% of the first $10 50 million of the average daily net assets of the Fund managed by the Sub-AdvisorFund, 0.400.50% of the next $450 million of average daily net assets of the Fund managed by Fund, 0.40% of the Sub-Advisor in excess next $500 million of $10 million and up to $50 million average daily net assets of the Fund, and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million1 billion without regard to any total expense limitation of the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of xx% on the first $10 250 million of average of the daily net assets of the Fund, xx% on $250 million - $500 million of the average daily net assets of the Fund managed by the Sub-AdvisorFund, 0.40% of the and xx% on average daily net assets of the Fund managed over $500 million; without regard to any total expense limitation or other fee waiver applied by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of Trust or the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 millionAdvisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12(a) of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of shares thereofshares. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunderfees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.450.60% the first $50 million of average daily net assets of the Fund, 0.50% of the first next $10 450 million of average daily net assets of the Fund, 0.40% of the next $500 million of average daily net assets of the Fund managed by the Sub-Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million1 billion without regard to any total expense limitation of the Trust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of xx% on the first $10 250 million of average of the daily net assets of the Fund, xx% on the next $250 million of the average daily net assets of the Fund managed by the Sub-AdvisorFund, 0.40% of the and xx% on average daily net assets of the Fund managed over $500 million; without regard to any total expense limitation or other fee waiver applied by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of Trust or the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 millionAdvisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12(a) of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of shares thereofshares. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunderfees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of XX% on the first $10 200 million of assets, XX% on the average daily net next $200 million of assets, XX% on the next $600 million of assets, XX% on the next $1 billion of assets, and XX% on assets of the Fund managed by the Sub-Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up 2 billion, without regard to $50 million and 0.35% of the average daily net assets of the Fund managed any total expense limitation or other fee waiver applied by the Sub-Advisor in excess of $50 millionTrust or the Advisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of shares thereofshares. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunderfees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder under this Agreement by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% of 0.XX% on the first $10 250 million of average of the daily net assets of the Fund, 0.XX% on the next $250 million of the average daily net assets of the Fund managed by the Sub-AdvisorFund, 0.40% of the and 0.XX% on average daily net assets of the Fund managed over $500 million; without regard to any total expense limitation or other fee waiver applied by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of Trust or the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 millionAdvisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12(a) of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the Fund’s net asset value of the Fund for purposes of purchases and redemptions of shares thereofshares. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunderfees.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.45% XXX% of the first $10 million XXX of average daily net assets of the Fund, XXX% of the next $XXX of average daily net assets of the Fund, XXX% of the next $XXX of average daily net assets of the Fund, and XXX% of average daily net assets of the Fund managed by the Sub-Advisor, 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up XXX, without regard to $50 million and 0.35% any total expense limitation of the average daily net assets of Trust or the Fund managed by the Sub-Advisor in excess of $50 millionAdvisor. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in Section 12a of this Section 3aAgreement, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's ’s fee, the daily value of the Fund's net assets Fund Assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

Compensation of the Sub-Advisor. a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.450.50% of the first $10 50 million of the average daily net assets of the Fund managed by the Sub-Advisor, 0.45% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 million and up to $150 million and 0.40% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $10 million and up to $50 million and 0.35% of the average daily net assets of the Fund managed by the Sub-Advisor in excess of $50 150 million. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.