Distribution Related Fees. The Adviser, or its designee, agrees to pay Insurer or its affiliate a fee 0.25% per annum of the average aggregate monthly net asset value of Class L shares of the Designated Portfolio(s) held in the Account. Such fee shall be paid in arrears, quarterly. Each quarter’s fee shall be determined based on assets in the Account at the end of each quarter and each quarterly fee will be independent of every other quarterly fee. Such fee shall be due and payable automatically within 30 (thirty) days after the last day of the quarter to which such payment relates.
Distribution Related Fees. The Distributor, or its designee, agrees to pay the Insurance Parties or their affiliate a per annum fee, as described in the Fund's then current prospectus, of the average aggregate daily net asset value of shares of Designated Portfolio(s) held in the Accounts. Such fee shall be paid in arrears, quarterly. Each quarterly fee will be determined based on average assets in the Accounts for the quarter and each quarterly fee will be independent of every other quarterly fee. Such fee shall be due and payable automatically within 30 (thirty) days upon receipt of invoice from the Insurance Parties.
Distribution Related Fees. (if applicable)
Distribution Related Fees. In accordance with the Fund’s plan pursuant to Rule 12b-1 under the Investment Company Act of 1940, the Distributor will make payments to the Company at an annual rate of 0.25% (0.0625% quarterly) for Class A shares and 0.50% (0.125% quarterly) for Class R shares, of the average net assets invested in the Funds through the Contracts in each calendar quarter. Distributor will make such payments within thirty (30) days after the end of each calendar quarter. Each payment will be accompanied by a statement showing the calculation of the fee payable to the Company for the quarter and such other supporting data as may be reasonably requested by the Company.
Distribution Related Fees. In accordance with the Fund’s plan pursuant to Rule 12b-1 under the Investment Company Act of 1940, the Distributor will make payments to ILIAC at an annual rate of x.xx% (x.xxxx% quarterly) for Class A shares and x.xx% (x.xxx% quarterly) for Class R shares, of the average net assets invested in the Funds in each calendar quarter. Distributor will make such payments within thirty (30) days after the end of each calendar quarter. Each payment will be accompanied by a statement showing the calculation of the fee payable to ILIAC for the quarter and such other supporting data as may be reasonably requested by ILIAC.
Distribution Related Fees. (Class II Shares Only) ------------------------------------------------------
Distribution Related Fees. The Adviser, or its designee, agrees to pay PLAIC or its affiliate a fee of 0.25% per annum of the average aggregate daily net asset value of Class II shares of Designated Portfolio(s) held in the Accounts. Such fee shall be paid in arrears, quarterly. Each quarterly fee will be determined based on assets in the Accounts and each quarterly fee will be independent of every other quarterly fee. Such fee shall be due and payable automatically within 20 (twenty) days after the last day of the quarter to which such payment relates.
Distribution Related Fees. The Adviser, or its designee, agrees to pay Insurer or its affiliate a fee x.xx% per annum of the average aggregate monthly net asset value of shares of the Designated Portfolio(s) held in the Account, including through Profile or other fund of funds arrangements. Such fee shall be paid in arrears, quarterly. Each quarter’s fee shall be determined based on assets in the Account at the end of each quarter and each quarterly fee will be independent of every other quarterly fee. Such fee shall be due and payable automatically within 30 (thirty) days after the last day of the quarter to which such payment relates. In the event such fee is not paid by such time, interest, in addition to the amount due above, at the rate of six percent (6%) annually (or ½ of one (1) percent per month outstanding pro rated for any applicable period if less than one year) shall be payable and owed by the Distributor [whoever is authorized to direct the disposition of monies paid by the Fund pursuant to the 12b-1 plan] out of its own profits until payment is made. The Fund will calculate the asset balance for each day on which the fee is to be paid pursuant to this Amendment with respect to each applicable portfolio of the Fund. Insurer shall have the right to reasonably audit the preparation of such calculation. The 12b-1 distribution fee described above shall remain payable and due so long as there remain any assets invested in the Fund, in any manner by the Accounts as contemplated by the Agreements, as amended herein, and shall only be subject to termination in accordance with Rule 12b-1 under the 1940 Act. The Adviser, or its designee, agrees to place transactions through GWFS and in return receive the amount of x.xx% of the average monthly net asset value of shares of the Fund or its Portfolios held in Omnibus Accounts, including through Profile Series or other “funds of funds.” The Adviser, or its designee, agrees to pay GWFS the greater of x.xx% of premium for the first year or $xx.xx as a one time set up fee to defray the initial set-up costs of providing the Fund or its Portfolios to a Plan.
Distribution Related Fees. In accordance with the Fund's plan pursuant to Rule 12b-l under the Investment
Distribution Related Fees. In accordance with the Fund’s plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 and for the distribution services primarily intended to result in the sale of Fund shares as described below, the Distributor will make payments to the Company or its affiliate at an annual rate of x.xx% (x.xxx% quarterly) for Class A Shares and x.xx% (x.xxx% quarterly) for Class R Shares, of the average net assets invested in the Funds in each calendar quarter. Adviser or its designee will make such payments within thirty (30) days after the end of each calendar quarter. Each payment will be accompanied by a statement showing the calculation of the fee payable to the Company for the quarter and such other supporting data as may be reasonably requested by the Company.
(i) The Company or its affiliate broker dealer shall perform some or all of the following sales support services (“Distribution Services”) related to the distribution of shares of the Funds to Contracts or units of the Separate Accounts that may in turn invest in shares of the Funds, which shall include without limitation: o Preparing advertising, educational and marketing materials that lists the Funds; o Assisting Customers in completing application forms including allocations to the Funds; o Developing, preparing, printing and mailing of advertisements, sales literature and other promotional materials describing and/or relating to the Funds; o Holding seminars and sales meetings designed to promote the sale of Fund shares; o Providing a dedicated plan sponsor website; o Providing a dedicated Plan Participant website; o Providing participant bench-marking tools, calculators and newsletters; o Training sales personnel regarding a Fund; and o Any other activity that the Distributor determines is primarily intended to result in the sale of a Fund's shares.
(ii) The Company or its affiliate broker dealer shall each provide all personnel, facilities and equipment reasonably necessary in order for it to perform the functions described in this section with respect to Customers. The Company or its affiliate broker dealer shall exercise reasonable care in performing all such services.
