Common use of Fee and Expense Limitation Clause in Contracts

Fee and Expense Limitation. For its services as distributor of the shares of the Trust, U.S. Boston Capital shall receive from the Trust a distribution fee at the rate and upon the terms and conditions set forth in the Distribution Plan attached as Exhibit A hereto, and as amended from time to time, as well as reimbursement for the cost of preparing and printing of Trust prospectuses as set forth therein. The distribution fee shall be accrued daily and paid monthly within five (5) business days following the last day of each month. In the event that the expenses of any Series for any fiscal year exceed 2% of such Series’ average net assets after giving effect to the reduction of the compensation paid to the Fund’s Manager with respect to such Series in accordance with the terms of its Management Contract with the Fund, the compensation of the Distributor with respect to such Series shall be reduced to the extent the Series expenses exceed 2% of average net assets. Series expenses subject to this limitation are exclusive of brokerage, interest, taxes and extraordinary expenses, if any. The Distributor’s compensation shall not be reduced pursuant to this paragraph to the extent that the Distributor is committed to make payments to non-affiliated entities for services in connection with the distribution of a Series’ shares.

Fee and Expense Limitation. For its services as distributor of the shares of the Trust, U.S. Boston Capital shall receive from the Trust a distribution fee at the rate and upon the terms and conditions set forth in the Distribution Plan attached as Exhibit A hereto, and as amended from time to time, as well as reimbursement for the cost of preparing and printing of Trust prospectuses as set forth therein. The distribution fee shall be accrued daily and paid monthly within five (5) business days following the last day of each month. In the event that the expenses of any Series for any fiscal year exceed 2% of such Series’ ' average net assets after giving effect to the reduction of the compensation paid to the Fund’s 's Manager with respect to such Series in accordance with the terms of its Management Contract with the Fund, the compensation of the Distributor with respect to such Series shall be reduced to the extent the Series expenses exceed 2% of average net assets. Series expenses subject to this limitation are exclusive of brokerage, interest, taxes and extraordinary expenses, if any. The Distributor’s 's compensation shall not be reduced pursuant to this paragraph to the extent that the Distributor is committed to make payments to non-affiliated entities for services in connection with the distribution of a Series’ ' shares.

Fee and Expense Limitation. For its services as distributor of the ---------------------------- shares of the Trust, U.S. Boston Capital shall receive from the Trust a distribution fee at the rate and upon the terms and conditions set forth in the Distribution Plan attached as Exhibit A hereto, and as amended from time to time, as well as reimbursement for the cost of preparing and printing of Trust prospectuses as set forth therein. The distribution fee shall be accrued daily and paid monthly within five (5) business days following the last day of each month. In the event that the expenses of any Series for any fiscal year exceed 2% of such Series’ ' average net assets after giving effect to the reduction of the compensation paid to the Fund’s 's Manager with respect to such Series in accordance with the terms of its Management Contract with the Fund, the compensation of the Distributor with respect to such Series shall be reduced to the extent the Series expenses exceed 2% of average net assets. Series expenses subject to this limitation are exclusive of brokerage, interest, taxes and extraordinary expenses, if any. The Distributor’s 's compensation shall not be reduced pursuant to this paragraph to the extent that the Distributor is committed to make payments to non-affiliated entities for services in connection with the distribution of a Series’ ' shares.