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.