EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Premium Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Premium Class, such that the ordinary operating expenses incurred by the Institutional Premium Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.08% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Premium Class.
Appears in 1 contract
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.09% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.030% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Concord Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.10% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional ClassService Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional ClassService Class 2, such that the ordinary operating expenses incurred by the Institutional Service Class 2 in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees of the Trust, and extraordinary expenses) will not exceed 23 37 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional ClassService Class 2.
Appears in 1 contract
Samples: Variable Insurance Products Fund Ii
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.04% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.070% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Concord Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Premium Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Premium Class, such that the ordinary operating expenses incurred by the Institutional Premium Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees of the Trust, and extraordinary expenses) will not exceed 23 20 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Premium Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional ClassService Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional ClassService Class 2, such that the ordinary operating expenses incurred by the Institutional Service Class 2 in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees of the Trust, and extraordinary expenses) will not exceed 23 38 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional ClassService Class 2.
Appears in 1 contract
Samples: Variable Insurance Products Fund Ii
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.035% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.28% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Fixed Income Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.11% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees of the Trust, and extraordinary expenses) will not exceed 23 8 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.03% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent Trustees of the Trust, and extraordinary expenses) will not exceed 23 9 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Salem Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.095% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract
Samples: Fidelity Concord Street Trust
EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Institutional Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Institutional Class, such that the ordinary operating expenses incurred by the Institutional Class in any fiscal year (excluding interest, taxes, securities lending costs, brokerage commissions, fees and expenses of the Independent disinterested Trustees of the Trust, and extraordinary expenses) will not exceed 23 basis points 0.08% on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Institutional Class.
Appears in 1 contract