Common use of DISTRIBUTOR'S COMMISSIONS Clause in Contracts

DISTRIBUTOR'S COMMISSIONS. As compensation for its services hereunder, the Distributor shall be paid, if at all, only such commissions on sales of shares of the Fund (except shares sold or issued at net asset value in accordance with Section 3(c) hereof) as is described in the current prospectus of the Fund and subject to any reductions or quantity discounts described in such current prospectus.