Common use of Compensation Rate Clause in Contracts

Compensation Rate. As compensation for all services rendered, facilities provided, and expenses paid and any expense waived or assumed and reimbursed by the Administrator, the Fund shall pay the Administrator a fee per Portfolio at the annual rate of .15% of the average daily net assets of each Portfolio.

Compensation Rate. As compensation for all services rendered, facilities provided, and expenses paid and any expense waived or assumed and reimbursed by the Administrator, the Fund Company shall pay the Administrator a fee per Portfolio Fund at the annual rate of .15% of the average daily net assets of each PortfolioFund.