Common use of Dealer Compensation Clause in Contracts

Dealer Compensation. (i) In return for providing the services set forth in this Agreement, Dealer shall be entitled to any concessions and/or sales charges (collectively, "Concessions") set forth in the Prospectus of the applicable Fund. In addition, VKFI may pay Dealer a fee for performing distribution-related services and/or performing shareholder services with respect to Shares. Dealer acknowledges and agrees that any compensation to be paid for performing distribution-related services with respect to Shares shall be paid pursuant to a "Rule 12b-1 Plan" adopted by the applicable Open-End Fund pursuant to Rule 12b-1 under the 1940 Act, or, in the case of a Continuously Offered Closed-End Fund, pursuant to such Fund's Service Plan, and that to the extent VKFI waives any payments payable to VKFI under such Rule 12b-1 Plan or Service Plan, as the case may be, the amounts payable to Dealer will be reduced accordingly. In determining the amount payable to Dealer hereunder, VKFI reserves the right to exclude any sales which it reasonably determines are not made in accordance with the terms of the Prospectus and provisions of this Agreement. (ii) Dealer agrees that each Fund may, without prior notice, suspend or eliminate the payment of any compensation, including Rule 12b-1 Plan payments, Service Plan payments or other dealer compensation, by amendment, sticker or supplement to the then current Prospectus for such Fund. VKFI shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until VKFI receives the related compensation from the Fund, and VKFI's liability to Dealer for such payments is limited solely to the related compensation that VKFI receives from such Fund.

Dealer Compensation. (i) In return for providing the services set forth in this Agreement, Dealer shall be entitled to any concessions and/or sales charges (collectively, "“Concessions"”) set forth in the Prospectus of the applicable Fund. . (ii) In addition, VKFI may WFFD will pay Dealer a fee for performing distribution-related services and/or performing shareholder services with respect to SharesShares in the amount(s) set forth in the Prospectus of the applicable Fund. Dealer acknowledges and agrees that any compensation to be paid for performing distribution-related services with respect to Shares shall may be paid pursuant to a "“Rule 12b-1 Plan" ” adopted by the applicable Open-End Fund pursuant to Rule 12b-1 under the 1940 Act, or, in the case of a Continuously Offered Closed-End Fund, pursuant to such Fund's Service Plan, Act and that to the extent VKFI WFFD waives any payments payable to VKFI WFFD under such Rule 12b-1 Plan or Service Plan, as the case may be, the amounts payable to Dealer will be reduced accordingly. In determining the amount payable to Dealer hereunder, VKFI WFFD reserves the right to exclude any sales which it reasonably determines are not made in accordance with the terms of the Prospectus and provisions of this Agreement. (iiiii) Dealer agrees that each Fund may, without prior notice, suspend or eliminate the payment of any compensation, including Rule 12b-1 Plan payments, Service Plan payments or other dealer compensation, by amendment, sticker or supplement to the then current Prospectus for such Fund. VKFI WFFD shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until VKFI WFFD receives the related compensation from the Fund, and VKFI's WFFD’s liability to Dealer for such payments is limited solely to the related compensation that VKFI WFFD receives from such Fund.

Dealer Compensation. (i) In return for providing the services set forth in this Agreement, Dealer shall be entitled to any concessions and/or sales charges (collectively, "Concessions") set forth in the Prospectus of the applicable Fund. In addition, VKFI may pay Dealer a fee for performing distribution-related services and/or performing shareholder services with respect to Shares. Dealer acknowledges and agrees that any compensation to be paid for performing distribution-related services with respect to Shares shall be paid pursuant to a "Rule 12b-1 Plan" adopted by the applicable Open-End Fund pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended (the "1940 Act"), or, in the case of a Continuously Offered Closed-End Fund, pursuant to such Fund's Service Plan, and that to the extent VKFI waives any payments payable to VKFI under such Rule 12b-1 Plan or Service Plan, as the case may be, the amounts payable to Dealer will be reduced accordingly. In determining the amount payable to Dealer hereunder, VKFI reserves the right to exclude any sales which it reasonably determines are not made in accordance with the terms of the Prospectus and provisions of this Agreement. (ii) Dealer agrees that each Fund may, without prior notice, suspend or eliminate the payment of any compensation, including Rule 12b-1 Plan payments, Service Plan payments or other dealer compensation, by amendment, sticker or supplement to the then current Prospectus for such Fund. VKFI shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until VKFI receives the related compensation from the Fund, and VKFI's liability to Dealer for such payments is limited solely to the related compensation that VKFI receives from such Fund.

Dealer Compensation. (i) In return for providing the services set forth in this Agreement, except as otherwise provided herein, Dealer shall be entitled to any concessions and/or sales charges (collectively, "Concessions") set forth in the Prospectus of the applicable Fund. In addition, VKFI Claymore may pay Dealer a fee for performing distribution-related services and/or performing shareholder services with respect to Shares. Dealer acknowledges and agrees that any compensation to be paid for performing distribution-related services with respect to Shares shall be paid pursuant to a "Rule 12b-1 Plan" adopted by the applicable Open-End Fund pursuant to Rule 12b-1 under the 1940 Act, or, in the case of a Continuously Offered Closed-End Fund, pursuant to such Fund's Service Plan, and that to the extent VKFI Claymore waives any payments payable to VKFI Claymore under such Rule 12b-1 Plan or Service Plan, as the case may be, the amounts payable to Dealer will be reduced accordingly. In determining the amount payable to Dealer hereunder, VKFI Claymore reserves the right to exclude any sales which it reasonably determines are not made in accordance with the terms of the Prospectus and provisions of this Agreement. (ii) Dealer agrees that each Fund may, without prior notice, suspend or eliminate the payment of any compensation, including without limitation Rule 12b-1 Plan payments, Service Plan payments or other dealer compensation, by amendment, sticker or supplement to the then current Prospectus for such Fund. VKFI Claymore shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until VKFI Claymore receives the related compensation from the Fund, and VKFIClaymore's liability to Dealer for such payments is limited solely to the related compensation that VKFI Claymore receives from such Fund. Commission checks for less than $10 will not be issued.

Dealer Compensation. (i) In return for providing the services set forth in this Agreement, Dealer shall be entitled to any concessions and/or sales charges (collectively, "Concessions") set forth in the Prospectus of the applicable Fund. In addition, VKFI may pay Dealer a fee for performing distribution-related services and/or performing shareholder services with respect to Shares. Dealer acknowledges and agrees that any compensation to be paid for performing distribution-related services with respect to Shares shall be paid pursuant to a "Rule 12b-1 Plan" adopted by the applicable Open-End Fund pursuant to Rule 12b-1 under the 1940 Act, or, in the case of a Continuously Offered Closed-End Fund, pursuant to such Fund's plan adopted pursuant to Rule 12b-1 under the 1940 Act as if such Continuously Offered Closed-End Fund were an open-end investment company (a "Distribution Plan") or Service Plan, and that to the extent VKFI waives any payments payable to VKFI under such Rule 12b-1 Plan, Distribution Plan or Service Plan, as the case may be, the amounts payable to Dealer will be reduced accordingly. In determining the amount payable to Dealer hereunder, VKFI reserves the right to exclude any sales which it reasonably determines are not made in accordance with the terms of the Prospectus and provisions of this Agreement. (ii) Dealer agrees that each Fund may, without prior notice, suspend or eliminate the payment of any compensation, including Rule 12b-1 Plan payments, Distribution Plan payments, Service Plan payments or other dealer compensation, by amendment, sticker or supplement to the then current Prospectus for such Fund. VKFI shall have no obligation to pay any compensation to Dealer for the sale of Shares of a Fund until VKFI receives the related compensation from the Fund, and VKFI's liability to Dealer for such payments is limited solely to the related compensation that VKFI receives from such Fund.