Common use of Investment Management Fee Clause in Contracts

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or Management Contracts with the Adviser (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 .2056 over 1,845 .2019 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or Management Contracts with the Adviser (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: Average GroupAssets Annualized Rate 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 .2056 over 1,845 .2019 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or Management Contracts with the Adviser (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: Average Group Assets Annualized Rate 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 .2056 over 1,845 .2019 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees or its affiliates agree to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or included on Master Schedule A to Management Contracts with the Adviser Contracts, as may be updated from time to time, which is hereby incorporated by reference to this Agreement (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200.3700% 3 - 6 .4900 .3400 6 - 9 .4600 .3100 9 - 12 .4300 .2800 12 - 15 .4000 .2500 15 - 18 .3850 .2200 18 - 21 .3700 .2000 21 - 24 .3600 .1900 24 - 30 .3500 .1800 30 - 36 .3450 .1750 36 - 42 .3400 .1700 42 - 48 .3350 .1650 48 - 66 .3250 .1600 66 - 84 .3200 .1550 84 - 102 .3150 102 120 .1500 120 - 138 .3100 138 156 .1450 156 - 174 .3050 174 192 .1400 192 - 210 .3000 210 228 .1350 228 - 246 .2950 246 264 .1300 264 - 282 .2900 282 300 .1275 300 - 318 .2850 318 336 .1250 336 - 354 .2800 354 372 .1225 372 - 390 .2750 390 408 .1200 408 - 426 .2700 426 444 .1175 444 - 462 .2650 462 480 .1150 480 - 498 .2600 498 - 534 .2550 534 516 .1125 516 - 587 .2500 .1100 587 - 646 .2463 .1080 646 - 711 .2426 .1060 711 - 782 .2389 .1040 782 - 860 .2352 .1020 860 - 946 .2315 .1000 946 - 1,041 .2278 .0980 1,041 - 1,145 .2241 .0960 1,145 - 1,260 .2204 .0940 1,260 - 1,386 .2167 .0920 1,386 - 1,525 .2130 .0900 1,525 - 1,677 .2093 .0880 1,677 - 1,845 .2056 .0860 1,845 - 2,030 over 1,845 .20192,030 .0840 .0820 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A B attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or Management Contracts with the Adviser (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: Average GroupAssets AnnualizedRate 0 - $3 billion .5200.3700% 3 - 6 .4900 .3400 6 - 9 .4600 .3100 9 - 12 .4300 .2800 12 - 15 .4000 .2500 15 - 18 .3850 .2200 18 - 21 .3700 .2000 21 - 24 .3600 .1900 24 - 30 .3500 .1800 30 - 36 .3450 .1750 36 - 42 .3400 .1700 42 - 48 .3350 .1650 48 - 66 .3250 .1600 66 - 84 .3200 .1550 84 - 102 .3150 102 120 .1500 120 - 138 .3100 138 156 .1450 156 - 174 .3050 174 192 .1400 192 - 210 .3000 210 228 .1350 228 - 246 .2950 246 264 .1300 264 - 282 .2900 282 300 .1275 300 - 318 .2850 318 336 .1250 336 - 354 .2800 354 372 .1225 372 - 390 .2750 390 408 .1200 408 - 426 .2700 426 444 .1175 444 - 462 .2650 462 480 .1150 480 - 498 .2600 498 - 534 .2550 534 516 .1125 516 - 587 .2500 .1100 587 - 646 .2463 .1080 646 - 711 .2426 .1060 711 - 782 .2389 .1040 782 - 860 .2352 .1020 860 - 946 .2315 .1000 946 - 1,041 .2278 .0980 1,041 - 1,145 .2241 .0960 1,145 - 1,260 .2204 .0940 1,260 - 1,386 .2167 .0920 1,386 - 1,525 .2130 .0900 1,525 - 1,677 .2093 .0880 1,677 - 1,845 .2056 .0860 over 1,845 .2019.0840 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or included on Master Schedule A to Management Contracts with the Adviser Contracts, as may be updated from time to time, which is hereby incorporated by reference to this Agreement (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 1,845 - 2,030 .2056 .2019 over 1,845 .20192,030 .1982 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A B attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or included on Master Schedule A to Management Contracts with the Adviser Contracts, as may be updated from time to time, which is hereby incorporated by reference to this Agreement (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200.3700% 3 - 6 .4900 .3400 6 - 9 .4600 .3100 9 - 12 .4300 .2800 12 - 15 .4000 .2500 15 - 18 .3850 .2200 18 - 21 .3700 .2000 21 - 24 .3600 .1900 24 - 30 .3500 .1800 30 - 36 .3450 .1750 36 - 42 .3400 .1700 42 - 48 .3350 .1650 48 - 66 .3250 .1600 66 - 84 .3200 .1550 84 - 102 .3150 102 120 .1500 120 - 138 .3100 138 156 .1450 156 - 174 .3050 174 192 .1400 192 - 210 .3000 210 228 .1350 228 - 246 .2950 246 264 .1300 264 - 282 .2900 282 300 .1275 300 - 318 .2850 318 336 .1250 336 - 354 .2800 354 372 .1225 372 - 390 .2750 390 408 .1200 408 - 426 .2700 426 444 .1175 444 - 462 .2650 462 480 .1150 480 - 498 .2600 498 - 534 .2550 534 516 .1125 516 - 587 .2500 .1100 587 - 646 .2463 .1080 646 - 711 .2426 .1060 711 - 782 .2389 .1040 782 - 860 .2352 .1020 860 - 946 .2315 .1000 946 - 1,041 .2278 .0980 1,041 - 1,145 .2241 .0960 1,145 - 1,260 .2204 .0940 1,260 - 1,386 .2167 .0920 1,386 - 1,525 .2130 .0900 1,525 - 1,677 .2093 .0880 1,677 - 1,845 .2056 .0860 1,845 - 2,030 over 1,845 .20192,030 .0840 .0820 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A B attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or Management Contracts with the Adviser (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200.3700% 3 - 6 .4900 .3400 6 - 9 .4600 .3100 9 - 12 .4300 .2800 12 - 15 .4000 .2500 15 - 18 .3850 .2200 18 - 21 .3700 .2000 21 - 24 .3600 .1900 24 - 30 .3500 .1800 30 - 36 .3450 .1750 36 - 42 .3400 .1700 42 - 48 .3350 .1650 48 - 66 .3250 .1600 66 - 84 .3200 .1550 84 - 102 .3150 102 120 .1500 120 - 138 .3100 138 156 .1450 156 - 174 .3050 174 192 .1400 192 - 210 .3000 210 228 .1350 228 - 246 .2950 246 264 .1300 264 - 282 .2900 282 300 .1275 300 - 318 .2850 318 336 .1250 336 - 354 .2800 354 372 .1225 372 - 390 .2750 390 408 .1200 408 - 426 .2700 426 444 .1175 444 - 462 .2650 462 480 .1150 480 - 498 .2600 498 - 534 .2550 534 516 .1125 516 - 587 .2500 .1100 587 - 646 .2463 .1080 646 - 711 .2426 .1060 711 - 782 .2389 .1040 782 - 860 .2352 .1020 860 - 946 .2315 .1000 946 - 1,041 .2278 .0980 1,041 - 1,145 .2241 .0960 1,145 - 1,260 .2204 .0940 1,260 - 1,386 .2167 .0920 1,386 - 1,525 .2130 .0900 1,525 - 1,677 .2093 .0880 1,677 - 1,845 .2056 .0860 over 1,845 .2019.0840 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees or its affiliates agree to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or included on Master Schedule A to Management Contracts with the Adviser Contracts, as may be updated from time to time, which is hereby incorporated by reference to this Agreement (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 .2056 1,845 - 2,030 over 1,845 .20192,030 .2019 .1982 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A B attached hereto.

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or Management Contracts with the Adviser (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 .2056 over 1,845 .2019 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be 0. 45 % the respective rate set forth on Schedule A attached heretohereto .

Investment Management Fee. For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the sum of a Group Fee Rate and an Individual Fund Fee Rate multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month; provided, however, that the Investment Management Fee paid to the Sub-Advisor for any period hereunder shall in all circumstances be an amount not less than 110% of the Sub-Advisor’s costs incurred in connection with rendering the services referred to in subparagraph (b) of paragraph 1 of this Agreement (but in no event will the Investment Management Fee paid to the Sub-Advisor exceed the fees paid the Advisor receives from its affiliates for its services with respect to the Portfolio). (1) Group Fee Rate. The Group Fee Rate shall be based upon the monthly average of the net assets of the registered investment companies having Advisory and Service or included on Master Schedule A to Management Contracts with the Adviser Contracts, as may be updated from time to time, which is hereby incorporated by reference to this Agreement (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. For this purpose, the monthly average net assets of registered investment companies that previously had Advisory and Service or Management Contracts with the Adviser and currently have Advisory and Service or Management Contracts with Fidelity SelectCo, LLC are included. The Group Fee Rate shall be determined on a cumulative basis pursuant to the following schedule: Average Group Assets Annualized Rate 0 - $3 billion .5200% 3 - 6 .4900 6 - 9 .4600 9 - 12 .4300 12 - 15 .4000 15 - 18 .3850 18 - 21 .3700 21 - 24 .3600 24 - 30 .3500 30 - 36 .3450 36 - 42 .3400 42 - 48 .3350 48 - 66 .3250 66 - 84 .3200 84 - 102 .3150 102 - 138 .3100 138 - 174 .3050 174 - 210 .3000 210 - 246 .2950 246 - 282 .2900 282 - 318 .2850 318 - 354 .2800 354 - 390 .2750 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 534 - 587 .2500 587 - 646 .2463 646 - 711 .2426 711 - 782 .2389 782 - 860 .2352 860 - 946 .2315 946 - 1,041 .2278 1,041 - 1,145 .2241 1,145 - 1,260 .2204 1,260 - 1,386 .2167 1,386 - 1,525 .2130 1,525 - 1,677 .2093 1,677 - 1,845 1,845 - 2,030 .2056 .2019 over 1,845 .20192,030 .1982 (2) Individual Fund Fee Rate. The Individual Fund Fee Rate for each Portfolio shall be the respective rate set forth on Schedule A B attached hereto.