Common use of Compensation of Xxxxx Xxxxx Clause in Contracts

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Rate Up to $500 million 1.000% $500 million but less than $1 billion 0.950% $1 billion but less than $2.5 billion 0.925% $2.5 billion but less than $5 billion 0.900% $5 billion and over 0.880% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Rate Up to $500 million 1.0000.900% $500 million but less than $1 billion 0.9500.850% $1 billion but less than $2.5 billion 0.9250.825% $2.5 billion but less than $5 billion 0.9000.800% $5 billion and over 0.8800.780% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Rate Up to $500 million 1.000% $500 million but less than $1 billion 0.950% $1 billion but less than $2.5 billion 0.925% $2.5 billion but less than $5 billion 0.900% $5 billion and over 0.880% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect. Xxxxx Xxxxx may, from time to time, waive all or a part of the above compensation.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Rate Up to $500 million 1.000% $500 million but less than $1 billion 0.9500.500% $1 billion but less than up to $2.5 billion 0.9250.480% $2.5 billion but less than up to $5 billion 0.9000.460% $5 billion and over 0.8800.450% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Rate Up to $500 million 1.000% $500 million but less than $1 billion 0.9500.550% $1 billion but less than $2.5 billion 0.9250.530% $2.5 billion but less than $5 billion 0.9000.510% $5 billion and over 0.8800.500% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect. Xxxxx Xxxxx may, from time to time, waive all or a part of the above compensation.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Fee Rate Up up to $500 million 1.000% $500 million but less than $1 billion 0.950% $1 billion but less than $2.5 billion 0.925% $2.5 billion but less than $5 billion 0.900% $5 billion and over 0.880% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Rate Up to $500 million 1.000% $500 million but less than $1 billion 0.9500.550% $1 billion but less than $2.5 billion 0.9250.530% $2.5 billion but less than $5 billion 0.9000.510% $5 billion and over 0.8800.500% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Fee Rate Up up to $500 million 1.0000.615% $500 million but less than $1 billion 0.9500.590% $1 billion but less than $2.5 billion 0.9250.575% $2.5 billion but less than $5 billion 0.9000.560% $5 billion and over 0.8800.545% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust compensation in an amount equal to a percentage of the investable assets of the Fund per annum which are not invested in other investment companies for which Xxxxx Xxxxx or its affiliate (i) serves as adviser and (ii) receives an advisory fee (“Xxxxx Xxxxx Funds”), as listed below. : Investable Assets for the Month (excluding Shares of Xxxxx Xxxxx Funds) Annual Asset Fee Rate Up to $500 million 1.0000.6000% $500 million but less than $1 billion 0.9500.5750% $1 billion but less than $2.5 billion 0.9250.5500% $2.5 billion but less than $5 billion 0.9000.5300% $5 billion and over 0.8800.5150% Such compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect.