Common use of Compensation of the Subadviser Clause in Contracts

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.35% of the first $50 million of the average daily net assets of the Portfolio, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets and 0.20% of such assets in excess of $500 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.225% of the first $50 200 million of the average daily net assets of the Portfolio, 0.30% of the next $150 million of such assets, 0.250.15% of the next $300 million of such assets and 0.200.10% of such assets in excess of $500 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.35% of the first $50 250 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.30% of the next $150 250 million of such assets, and 0.25% of the next $300 million of such assets and 0.20% of such assets in excess of $500 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.47% of the first $50 500 million of the Portfolio’s average daily net assets of the Portfolio, 0.30and 0.45% of the next $150 500 million of such assets, 0.25the Portfolio’s average daily net assets and 0.43% of the next excess over $300 million of such assets and 0.20% of such assets 1 billion in excess of $500 millionaverage daily net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.15% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets and 0.200.075% of such assets in excess of $500 100 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.45% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio's then-current fiscal year, 0.300.40% of the next $150 400 million of such assets, 0.250.35% of the next $300 500 million of such assets and 0.200.30% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.45% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.40% of the next $150 million of such assets, 0.25% of the next $300 400 million of such assets and 0.200.35% of such assets in excess of $500 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.20% of the first $50 250 million of the average daily net assets of the Portfolio during the Portfolio, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets ’s then-current fiscal year and 0.200.15% of such assets in excess of $500 250 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.40% of the first $50 300 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.35% of the next $150 700 million of such assets, 0.25% of the next $300 million of such assets and 0.200.30% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.300% of the first $50 100 million of the average daily net assets of the Portfolio, 0.300.200% of the next $150 400 million of such assets, 0.250.175% of the next $300 500 million of such assets assets, and 0.200.150% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.20% of the first $50 250 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.15% of the next $150 million of such assets, 0.25% of the next $300 750 million of such assets and 0.200.10% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.250% of the first $50 100 million of the average daily net assets of the Portfolio, 0.300.125% of the next $150 million of such assets400 million, 0.250.100% of the next $300 million of such assets and 0.20500 million, 0.090% of such assets the next $1 billion, and 0.080% in the excess of $500 million2 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.250% of the first $50 100 million of the average daily net assets of the Portfolio, 0.300.125% of the next $150 million of such assets400 million, 0.25and 0.100% of in the next $300 million of such assets and 0.20% of such assets in excess of $500 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.08% of the first $50 500 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.07% of the next $150 million of such assets, 0.25% of the next $300 500 million of such assets and 0.200.06% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.400% of the first $50 300 million of the average daily net assets of the Portfolio, 0.300.350% of the next $150 500 million of such assets, 0.250.250% of the next $300 million 1 billion of such assets and 0.200.220% of such assets in excess of $500 million1.8 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.50% of the first $50 250 million of the Portfolio’s average daily net assets of the Portfolio, 0.300.475% of the next $150 750 million of such assets, 0.25the Portfolio’s average net asset and 0.45% of the next excess over $300 million of such assets and 0.20% of such assets 1 billion in excess of $500 millionaverage net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.400% of the first $50 300 million of the average daily net assets of the Portfolio, 0.300.325% of the next $150 700 million of such assets, 0.25% of the next $300 million of such assets and 0.200.300% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.40% of the first $50 300 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.35% of the next $150 million of such assets, 0.25% of the next $300 700 million of such assets and 0.200.30% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.50% of the first $50 250 million of the Portfolio’s average daily net assets of the Portfolio, 0.300.475% of the next $150 250 million of such assets, 0.25the Portfolio’s average net assets and 0.45% of the next $300 million of such assets and 0.20% of such assets in excess of over $500 millionmillion in average net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.40% of the first $50 million 1 billion of the average daily net assets of the Portfolio, 0.300.375% of the next $150 500 million of such assets, 0.25% of the next $300 million of such assets and 0.200.35% of such assets in excess of $500 million1.5 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.50% of the first $50 250 million of the Portfolio’s average daily net assets of the Portfolioassets, 0.300.475% of the next $150 250 million of such the Portfolio’s average net assets, 0.25and 0.45% of the next $300 million of such assets and 0.20% of such assets in excess of over $500 millionmillion in average net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-another agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.08% of the first $50 500 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.07% of the next $150 500 million of such assets, 0.25% of the next $300 million of such assets and 0.200.06% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.45% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio's then-current fiscal year, 0.300.40% of the next $150 million of such assets, 0.25% of the next $300 400 million of such assets and 0.200.35% of such assets in excess of $500 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.40% of the first $50 300 million of the average daily net assets of the Portfolio during the Portfolio's then-current fiscal year, 0.300.35% of the next $150 million of such assets, 0.25% of the next $300 700 million of such assets and 0.200.30% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.380% of the first $50 500 million of the Portfolio’s average daily net assets of the Portfolio, 0.30and 0.340% of the next $150 500 million of such assets, 0.25the Portfolio’s average daily net assets and 0.300% of the next excess over $300 million of such assets and 0.20% of such assets 1 billion in excess of $500 millionaverage daily net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.15% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio's then-current fiscal year, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets and 0.200.075% of such assets in excess of $500 100 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.20% of the first $50 250 million of the average daily net assets of the Portfolio during the Portfolio, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets 's then-current fiscal year and 0.200.15% of such assets in excess of $500 250 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.43% of the first $50 500 million of the Portfolio’s average daily net assets of the Portfolio, 0.30and 0.40% of the next $150 500 million of such assets, 0.25the Portfolio’s average daily net assets and 0.37% of the next excess over $300 million of such assets and 0.20% of such assets 1 billion in excess of $500 millionaverage daily net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.35% of the first $50 500 million of the average daily net assets of the Portfolio during the Portfolio, 0.30% of the next $150 million of such assets’s then-current fiscal year, 0.25% of the next $300 500 million of such assets assets, and 0.200.22% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.40% of for the first $50 million 1 billion of the Portfolio’s average net assets and 0.35% over $1 billion of the Portfolio’s average net assets. Average daily net assets of the Portfolio, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets will include cash and 0.20% of such assets in excess of $500 millionall payables and receivables including accrued income and accrued expenses. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.45% of the first $50 100 million of the average daily net assets of the PortfolioSeries during the Series' then-current fiscal year, 0.300.40% of the next $150 400 million of such assets, 0.250.35% of the next $300 500 million of such assets and 0.200.30% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio Series pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the FundTrust; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.45% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.40% of the next $150 400 million of such assets, 0.250.35% of the next $300 500 million of such assets and 0.200.30% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.325% of the first $50 100 million of the average daily net assets of the Portfolio during the Portfolio's then-current fiscal year, 0.300.275% of the next $150 million of such assets, 0.25% of the next $300 100 million of such assets and 0.200.25% of such assets in excess of $500 200 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services ------------------------------ rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.250% of the first $50 100 million of the average daily net assets of the Portfolio, 0.300.125% of the next $150 million of such assets400 million, 0.250.100% of the next $300 million of such assets and 0.20500 million, 0.090% of such assets the next $1 billion, and 0.080% in the excess of $500 million2 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services ------------------------------ rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.15% of the first $50 100 million of the average daily net assets of the PortfolioSeries during the Series' then-current fiscal year, 0.30% of the next $150 million of such assets, 0.25% of the next $300 million of such assets and 0.200.075% of such assets in excess of $500 100 million. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio Series pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the FundTrust; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.350% of the first $50 100 million of the average daily net assets of the Portfolio, 0.300.300% of the next $150 400 million of such assets, 0.250.275% of the next $300 million 1 billion of such assets and 0.20assets, 0.200% of such assets in excess of $500 million1.5 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-another agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; , however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager Adviser shall pay the Subadviser compensation at the annual rate of 0.35% of the first $50 500 million of the average daily net assets of the Portfolio, 0.30% of the next $150 million of such assets, 0.25% of the next average daily net assets over $300 500 million of such assets and 0.200.22% of such the average daily net assets in excess of over $500 million1.0 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager Adviser is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-agreed upon interval, the foregoing compensation shall be prorated. The Manager Adviser may from time to time waive the compensation it is entitled to receive from the FundPortfolio; however, any such waiver will have no effect on the ManagerAdviser’s obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services ------------------------------ rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.50% of the first $50 250 million of the Portfolio's average daily net assets of the Portfolioassets, 0.300.475% of the next $150 250 million of such the Portfolio's average net assets, 0.25and 0.45% of the next $300 million of such assets and 0.20% of such assets in excess of over $500 millionmillion in average net assets. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-another agreed upon interval, the foregoing forgoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s 's obligation to pay the Subadviser the compensation provided for herein.

Compensation of the Subadviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Subadviser hereunder, the Manager shall pay the Subadviser compensation at the annual rate of 0.350.20% of the first $50 250 million of the average daily net assets of the Portfolio during the Portfolio’s then-current fiscal year, 0.300.15% of the next $150 750 million of such assets, 0.25% of the next $300 million of such assets and 0.200.10% of such assets in excess of $500 million1 billion. Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Portfolio pursuant to the Advisory Agreement. If the Subadviser shall serve for less than the whole of any month or other agreed-upon interval, the foregoing compensation shall be prorated. The Manager may from time to time waive the compensation it is entitled to receive from the Fund; however, any such waiver will have no effect on the Manager’s obligation to pay the Subadviser the compensation provided for herein.