Common use of Instrument Coverage / Fees Clause in Contracts

Instrument Coverage / Fees. Instruments covered are standard transactions of the types listed in the fee schedule below and outlined in Appendix A of the Service Level Document. Exotic or structured trades are excluded from this fee schedule. Instruments covered by the fee schedule may be expanded by mutual agreement of the parties. Instruments Transaction (STP+) Set up Fee US$* (per Trade) Amendment (STP+) Fees US$ (per Trade) Daily Lifecycle Management Fee US$ (per Position per Day) Collection of Broker Price Fee US$ (per Position per Day) Independent Valuation US$ (per Position per Day) Forward Rate Agreements 40.00 10.00 0.40 1.50 0.25 Interest Rate Swaps (including caps & Floors) 40.00 10.00 0.40 1.50 0.25 Swaptions 40.00 10.00 0.40 1.50 0.25 Credit Default Swaps – Single Name & Index 40.00 10.00 0.40 1.50 Not in Scope Price Locks 40.00 10.00 0.40 1.50 Not in Scope Currency Options 40.00 10.00 0.40 1.50 Not in Scope Bond Options 40.00 10.00 0.40 1.50 Not in Scope Inflation Swaps 40.00 10.00 0.40 1.50 Not in Scope Total Return Swaps 40.00 10.00 0.40 1.50 Not in Scope +Straight Through Processing * Tiered Fees A tiered structure will be applied to the new transaction set up fee for the JPMorgan Funds Complex (which shall be defined to include any 1940 Act fund, commingled funds or Section 3c-7 fund which is advised or sub-advised by an entity which is a wholly-owned subsidiary of JPMorgan Chase & Co.) on the following basis: • US$ 40 : 0 – 2,000 new transactions per month • US$ 35: 2,000 – 4,000 new transactions per month • US$ 30: > 4,000 new transactions per month These transaction fees will be applied across all transactions on a pro-rata basis.

Instrument Coverage / Fees. Instruments covered are standard transactions of the types listed in the fee schedule below and outlined in Appendix A of the Service Level Document. Exotic or structured trades are excluded from this fee schedule. Instruments covered by the fee schedule may be expanded by mutual agreement of the parties. Instruments Transaction (STP+) Set up Fee US$* (per Trade) Amendment (STP+) Fees US$ (per Trade) Daily Lifecycle Management Fee US$ (per Position per Day) Collection of Broker Price Fee US$ (per Position per Day) Independent Valuation US$ (per Position per Day) Forward Rate Agreements 40.00 10.00 0.40 1.50 0.25 Interest Rate Swaps (including caps & Floors) 40.00 10.00 0.40 1.50 0.25 Swaptions 40.00 10.00 0.40 1.50 0.25 Credit Default Swaps – Single Name & Index 40.00 10.00 0.40 1.50 Not in Scope Price Locks 40.00 10.00 0.40 1.50 Not in Scope Currency Options 40.00 10.00 0.40 1.50 Not in Scope Bond Options 40.00 10.00 0.40 1.50 Not in Scope Inflation Swaps 40.00 10.00 0.40 1.50 Not in Scope Total Return Swaps 40.00 10.00 0.40 1.50 Not in Scope ++ Straight Through Processing * Tiered Fees A tiered structure will be applied to the new transaction set up fee for the JPMorgan Funds Complex (which shall be defined to include any 1940 Act fund, commingled funds or Section 3c-7 fund which is advised or sub-advised by an entity which is a wholly-owned subsidiary of JPMorgan Chase & Co.) on the following basis: • US$ 40 : 0 – 2,000 new transactions per month • US$ 35: 2,000 – 4,000 new transactions per month • US$ 30: > 4,000 new transactions per month These transaction fees will be applied across all transactions on a pro-rata basis.