Common use of Expenses Paid by Corporation Clause in Contracts

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the Adviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the Adviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, clerical recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Advisor the obligation to incur, pay, pay or reimburse the Corporation for any expenses not specifically assumed by the Adviser Advisor under paragraph 2 3 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser advisor fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not “interested persons persons” (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the AdviserAdvisor; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, offer or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's Advisor’s fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser Advisor will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Advisor the obligation to incur, pay, pay or reimburse the Corporation for any expenses not specifically assumed by the Adviser Advisor under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser advisor fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the AdviserAdvisor; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, offer or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the AdviserAdvisor's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser Advisor will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, pay or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund Except as noted in paragraph 2 above, the Corporation shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; direct charges relating to the purchase and sale of portfolio securities; interest charges; fees and expenses of attorneys and auditors; taxes and governmental fees; costs of stock certificates and any compensationother expenses (including clerical expenses) of issuance, sale or repurchase of the Corporation's shares of common stock; expenses in connection with the Corporation's Distribution Reinvestment Plan; membership fees in trade associations; expenses of maintaining any stock exchange listings of the Corporation's shares of common stock; expenses of printing and distributing reports, prospectuses, notices and proxy materials; expenses of corporate data processing and related services; shareholder record keeping and shareholder account services (including salaries of shareholder relations personnel); expenses of printing and filing reports and other documents filed with governmental agencies; expenses of shareholders' meetings; fees and disbursements of the Corporation's administrator, fund accountant, transfer agent and custodian; expenses of disbursing dividends and distributions; fees, or reimbursements which the Corporation pays to its expenses and out-of-pocket costs of Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the Adviser; fees insurance premiums and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authoritieslitigation costs; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Fundsindemnification. (b) If expenses borne by a Fund the Corporation in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses commissions and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fundthe Corporation, the Adviser will reimburse the Fund Corporation for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the Adviser; fees and expenses of the custodian, transfer agentxxxxx, registrar xegistrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser IronBridge the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser IronBridge under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser advisory fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors directors who are not “interested persons persons” (as that phrase term is defined in Section 2(a)(19the Act) of the 0000 Xxx) of the AdviserCorporation; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; all expenses of bond and insurance coverage which inure to the Corporation’s benefit, including liability and fidelity bond coverage; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; the maintenance of its compliance program; the maintenance of the Registration Statement under the applicable federal and state securities laws; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds, all expenses incurred in connection with litigation, proceedings and claims and the legal obligations of the Corporation to indemnify its directors, employees, shareholders and agents with respect thereto; all expenses of meetings of the Board and shareholders except for such costs described in Section 2; and such compensation payable to its compliance officer(s) as may be approved by the Board from time to time. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserAdxxxxx; fees xees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the Adviser; fees and expenses of the custodianxxx xxxtodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Timpani the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Timpani under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 XxxAct) of the AdviserTimpani; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; all expenses of bond and insurance coverage which inure to the Corporation’s benefit, including liability and fidelity bond coverage; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; the maintenance of its compliance program; the maintenance of the Registration Statement under the applicable federal and state securities laws; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders share­holders of the Funds; all expenses incurred in connection with litigation, proceedings and claims and the legal obligations of the Corporation to indemnify its Directors, employees, shareholders and agents with respect thereto; all expenses of meetings of the Directors and shareholders and of preparing, printing and distributing proxy statements, notices and reports to shareholders, except for such costs described in Section 2; and such compensation payable to its compliance officer(s) as may be approved by the Directors from time to time. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Advisor the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Advisor under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser advisor fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserAdvxxxx; fees xxes and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a the Fund, the Adviser Advisor will reimburse the Fund for any excessexcess in accordance with the applicable statutory or regulatory formula.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Advisor the obligation to incur, pay, pay or reimburse the Corporation for any expenses not specifically assumed by the Adviser Advisor under paragraph 2 3 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser advisor fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not “interested persons persons” (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserAdvisor; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, offer or sale of Shares of the Fundsa Fund, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds a Fund for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the Adviser; fees and expenses of the custodiancuxxxxxxx, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(192(a)(l9) of the 0000 Xxx) of the Adviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 3 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserAdvxxxx; fees xxes and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a the Fund, the Adviser will reimburse the Fund for any excessexcess in accordance with the applicable statutory or regulatory formula. In addition, the Adviser hereby agrees that until the earlier of the end of the first 12 months of operations of the Funds or the date upon which the Funds' aggregate average net assets exceed $30 million, the Adviser will waive its fees and/or reimburse each Fund's respective operating expenses to the extent necessary to ensure that no Fund's total operating expenses (as defined in the Funds' Prospectus) exceed 2.75% of its average daily net assets, and any reimbursement of expenses will be made on a monthly basis and will be paid to the Funds by reduction of the Adviser's fee, subject to later adjustment, month by month, for the remainder of the Funds' fiscal year.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Oak Ridge the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Oak Ridge under paragraph 2 above. Each The Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserOak Ridge; fees and expenses of the custodianxx xxx xustodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares shares of the FundsFund, including but not limited to, all costs involved in the registration or qualification of Shares shares of the Funds Fund for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the FundsFund. (b) If expenses borne by a the Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a the Fund, the Adviser Oak Ridge will reimburse the Fund for any excessexcess in accordance with the applicable statutory or regulatory formula. In addition, Oak Ridge may, in its discretion, waive its fees and/or reimburse the Fund's operating expenses from time to time and for such periods as it deems appropriate. Any reimbursement of expenses will be made on a monthly basis and will be paid to the Fund by reduction of Oak Ridge's fee hereunder, subject to later adjustment, month by month for the remainder of the Fund's fiscal year.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser ICAP the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser ICAP under paragraph 2 above. Each Fund Portfolio shall pay or cause to be paid all of its expenses and the FundPortfolio's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 XxxAct) of the AdviserICAP; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund portfolio transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the FundsPortfolios, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds Portfolios for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the FundsPortfolios. (b) If expenses borne by a Fund Portfolio in any fiscal year (including the AdviserICAP's fee, but excluding interest, taxes, interestfees incurred in acquiring and disposing of portfolio securities and, brokerage commissionsto the extent permitted, Rule 12b-1 expenses and similar fees) extraordinary expenses), exceed those set forth in any statutory or regulatory formula applicable to prescribed by any state in which Shares of a FundPortfolio are registered at such time, the Adviser ICAP will reimburse the Fund Portfolio for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the Adviserox xxx Xxviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Frontegra the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Frontegra under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 XxxAct) of the AdviserFrontegra; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If if expenses borne by a Fund in any fiscal year (including the AdviserFrontegra's fee, but excluding interest, taxes, interestfees incurred in acquiring and disposing of Fund securities and, brokerage commissionsto the extent permitted, Rule 12b-1 expenses and similar fees) extraordinary expenses), exceed those set forth in any statutory or regulatory formula applicable to prescribed by any state in which Shares of a FundFund are registered at such time, the Adviser Frontegra will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserXxxxxxx; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(192(a)(l9) of the 0000 1000 Xxx) of the Adviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's ’s fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Lockwell the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Lockwell under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 XxxAct) of the AdviserCorporation; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; all expenses of bond and insurance coverage which inure to the Corporation’s benefit, including liability and fidelity bond coverage; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; the maintenance of its compliance program; the maintenance of the Registration Statement under the applicable federal and state securities laws; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders share­holders of the Funds; all expenses incurred in connection with litigation, proceedings and claims and the legal obligations of the Corporation to indemnify its directors, employees, shareholders and agents with respect thereto; all expenses of meetings of the directors and shareholders and of preparing, printing and distributing proxy statements, notices and reports to shareholders, except for such costs described in Section 2; and such compensation payable to its compliance officer(s) as may be approved by the directors from time to time. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Oak Ridge the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Oak Ridge under paragraph 2 above. Each The Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 1940 Xxx) of the Adviserxx Oak Ridge; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares shares of the FundsFund, including but not limited to, all costs involved in the registration or qualification of Shares shares of the Funds Fund for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the FundsFund. (b) If expenses borne by a the Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a the Fund, the Adviser Oak Ridge will reimburse the Fund for any excessexcess in accordance with the applicable statutory or regulatory formula. In addition, Oak Ridge may, in its discretion, waive its fees and/or reimburse the Fund's operating expenses from time to time and for such periods as it deems appropriate. Any reimbursement of expenses will be made on a monthly basis and will be paid to the Fund by reduction of Oak Ridge's fee hereunder, subject to later adjustment, month by month for the remainder of the Fund's fiscal year.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser RMB the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser RMB under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser advisory fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors directors who are not “interested persons persons” (as that phrase term is defined in Section 2(a)(19the Act) of the 0000 Xxx) of the AdviserCorporation; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; all expenses of bond and insurance coverage which inure to the Corporation’s benefit, including liability and fidelity bond coverage; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; the maintenance of its compliance program; the maintenance of the Registration Statement under the applicable federal and state securities laws; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds; all expenses incurred in connection with litigation, proceedings and claims and the legal obligations of the Corporation to indemnify its directors, employees, shareholders and agents with respect thereto; all expenses of meetings of the Board and shareholders except for such costs described in Section 2; and such compensation payable to its compliance officer(s) as may be approved by the Board from time to time. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Timpani the obligation to incur, pay, or reimburse the Corporation Corpora­tion for any expenses not specifically assumed by the Adviser Timpani under paragraph para­graph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements reim­burse­­ments which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 XxxAct) of the AdviserTimpani; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactionstrans­actions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholdersshare­holders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds Fund­s for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders share­holders of the Funds. (b) If if expenses borne by a Fund in any fiscal year (including the Adviser's Timpani’s fee, but excluding interest, taxes, interest, brokerage commissionsfees incurred in acquiring and disposing of Fund securities, Rule 12b-1 expenses and similar fees) fees and, to the extent permitted, extraordinary expenses), exceed those set forth in any statutory or regulatory formula applicable to prescribed by any state in which Shares of a FundFund are registered at such time, the Adviser Timpani will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 3 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors directors who are not “interested persons persons” (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the Adviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds; and all expenses of meetings of the directors and shareholders and of preparing, printing and distributing proxy statements, notices and reports to shareholders, except for such costs described in paragraph 3 above. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee’s fee and Rule 12b-1 expenses, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses commissions and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserAxxxxxx; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser IronBridge the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser IronBridge under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 XxxAct) of the AdviserCorporation; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; all expenses of bond and insurance coverage which inure to the Corporation’s benefit, including liability and fidelity bond coverage; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; the maintenance of its compliance program; the maintenance of the Registration Statement under the applicable federal and state securities laws; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds, all expenses incurred in connection with litigation, proceedings and claims and the legal obligations of the Corporation to indemnify its Directors, employees, shareholders and agents with respect thereto; all expenses of meetings of the Directors and shareholders except for such costs described in Section 2; and such compensation payable to its compliance officer(s) as may be approved by the Directors from time to time. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's ’s allocable share of the Corporation's ’s expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx) of the Adviser; fees and expenses of the custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' ’ meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a Fund, the Adviser will reimburse the Fund for any excess.

Expenses Paid by Corporation. (a) Except as provided in this paragraph, nothing in this Agreement shall be construed to impose upon the Adviser Oak Ridge the obligation to incur, pay, or reimburse the Corporation for any expenses not specifically assumed by the Adviser Oak Ridge under paragraph 2 above. Each Fund shall pay or cause to be paid all of its expenses and the Fund's allocable share of the Corporation's expenses, including, but not limited to, investment adviser fees; any compensation, fees, or reimbursements which the Corporation pays to its Directors who are not interested persons (as that phrase is defined in Section 2(a)(19) of the 0000 Xxx1940 Act) of the AdviserOak Ridge; fees and expenses of the expensex xx xxx custodian, transfer agent, registrar or dividend disbursing agent; current legal, accounting and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with the execution of Fund each Fund's transactions; interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; and all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer, or sale of Shares shares of the Funds, including but not limited to, all costs involved in the registration or qualification of Shares shares of the Funds for sale in any jurisdiction and all costs involved in preparing, printing and distributing prospectuses and statements of additional information to existing shareholders of the Funds. (b) If expenses borne by a Fund in any fiscal year (including the Adviser's fee, but excluding taxes, interest, brokerage commissions, Rule 12b-1 expenses and similar fees) exceed those set forth in any statutory or regulatory formula applicable to a the Fund, the Adviser Oak Ridge will reimburse the Fund for any excessexcess in accordance with the applicable statutory or regulatory formula. In addition, Oak Ridge may, in its discretion, waive its fees and/or reimburse a Fund's operating expenses from time to time and for such periods as it deems appropriate. Any reimbursement of expenses will be made on a monthly basis and will be paid to the Fund by reduction of Oak Ridge's fee hereunder, subject to later adjustment, month by month for the remainder of the Fund's fiscal year.