Common use of Management Fee Clause in Contracts

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 of 1 percent of such portion; over any compensation waived by you from time to time. You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 and 5 hereof, the Trust Corporation on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million250 million , the fee payable for that month based on the portion of the average of such values in excess of $500 250 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 1.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 1.0 billion shall be 1/12 of 0.90 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 and 5 hereof, the Trust Corporation on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 1.25 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million250 million , the fee payable for that month based on the portion of the average of such values in excess of $500 250 million shall be 1/12 of 0.95 1.20 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 1.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 1.0 billion shall be 1/12 of 0.90 1.15 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.50 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250 million, the fee payable for that month based on the portion of the average of such values in excess of $250 million shall be 1/12 of 0.45 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.40 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.35 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund Trust and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.65 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $200 million, the fee payable for that month based on the portion of the average of such values in excess of $200 million shall be 1/12 of 0.60 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.55 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.65 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $200 million, the fee payable for that month based on the portion of the average of such values in excess of $200 million shall be 1/12 of 0.60 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be equal to the excess of 1/12 of 0.95 0.55 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund Trust and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 200 million, the fee payable for that month based on the portion of the average of such values in excess of $500 200 million shall be 1/12 of 0.95 0.50 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 700 million, the fee payable for that month based on the portion of the average of such values in excess of $1 billion 700 million shall be 1/12 of 0.90 0.475 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.500 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.475 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.450 of 1 percent of such portion; portion such portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of (a) 1.00 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million250,000,000, the fee payable for that month based on the portion of the average of such values in excess of $500 million 250,000,000 shall be 1/12 of 0.95 .95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1 billion 1,000,000,000 shall be 1/12 of 0.90 of.90 of 1 percent of such portion; over (b) any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 __ percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust Corporation on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceed $1.5 billion, the fee payable for that month based on the portion of the average of such values in excess of $1.5 billion shall be 1/12 of 0.85 of 1 percent of such portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.400 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.385 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.370 of 1 percent of such portion; portion over any compensation waived by you from time to time. You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund Trust and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.500 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.475 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.450 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.600 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1.5 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 1.5 billion shall be 1/12 of 0.95 0.575 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 2 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 2 billion shall be 1/12 of 0.90 0.550 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.60 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such assets exceeds $400 million, the fee payable for that month for the portion of the average of such assets in excess of $400 million shall be 1/12 of 0.525 of 1 percent; and provided that, for any calendar month during which the average of such values exceeds $500 million1.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 1.0 billion shall be 1/12 of 0.90 0.50 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.475 of 1 percent of the average daily net assets as defined below of the Fund Portfolio for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, 250 million the fee payable for that month based on the portion of the average of such values in excess of $500 250 million shall be 1/12 of 0.95 0.450 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.425 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust Corporation on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.675 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million6 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 6 billion shall be 1/12 of 0.95 0.625 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 7 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 7 billion shall be 1/12 of 0.90 0.600 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.60 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month beginning after September 30, 1998 during which the average of such assets exceeds $400 million, the fee payable for that month for the portion of the average of such assets in excess of $400 million shall be 1/12 of 0.525 of 1 percent; and provided that, for any calendar month during which the average of such values exceeds $500 million1.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 1.0 billion shall be 1/12 of 0.95 0.50 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.750 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.700 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.650 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust Fund on behalf of the Fund Portfolio shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.475 of 1 percent of the average daily net assets as defined below of the Fund Portfolio for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, million the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.45 of 1 percent of such portion; , and provided that, for any calendar month beginning September 30, 1998 during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.425 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund Portfolio and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.850 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.800 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1.5 billion the fee payable for that month based on the portion of the average of such values in excess of $1.5 billion shall be 1/12 of 0.750 of 1 percent of such portion over any compensation waived by you from time to time. You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.600 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.575 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.550 of 1 percent of such portion; portion over any compensation waived by you from time to time. You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.490 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million2 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 2 billion shall be 1/12 of 0.95 0.465 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 3 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 3 billion shall be 1/12 of 0.90 0.440 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.400 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million5 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 5 billion shall be 1/12 of 0.95 0.385 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 6 billion the fee payable for that month based on the portion of the average of such values in excess of $1 6 billion shall be 1/12 of 0.90 0.370 of 1 percent of such portion; portion over any compensation waived by you from time to time. You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.750 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.700 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.650 of 1 percent of such portion; portion such portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.470 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1.5 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 1.5 billion shall be 1/12 of 0.95 0.445 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 2 billion the fee payable for that month based on the portion of the average of such values in excess of $1 2 billion shall be 1/12 of 0.90 0.420 of 1 percent of such portion; portion over any compensation waived by you from time to time. You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.470 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1.5 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 1.5 billion shall be 1/12 of 0.95 0.445 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 2 billion the fee payable for that month based on the portion of the average of such values in excess of $1 2 billion shall be 1/12 of 0.90 0.420 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.60 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.50 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 1.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 1.0 billion shall be 1/12 of 0.90 0.475 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.750 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.700 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.650 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.70 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1.5 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 1.5 billion shall be 1/12 of 0.95 0.65 of 1 percent of such portionportion and; and provided that, for any calendar month during which the average of such values exceeds $1 billion 2.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 2.0 billion shall be 1/12 of 0.90 0.60 of 1 percent of such portion; portion over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.475 of 1 percent of the average daily net assets as defined below of the Fund Portfolio for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, million the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.450 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.425 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.650 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $300 million, the fee payable for that month based on the portion of the average of such values in excess of $300 million shall be 1/12 of 0.600 of 1 percent of such portion; and provided that, for any calendar month during which the average of such exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.575 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.65 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million250,000,000, the fee payable for that month based on the portion of the average of such values in excess of $500 million 250,000,000 shall be 1/12 of 0.95 0.625 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1 billion 1,000,000,000 shall be 1/12 of 0.90 0.60 of 1 percent of such portion; , over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 and 5 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.65 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $300 million, the fee payable for that month based on the portion of the average of such values in excess of $300 million shall be 1/12 of 0.60 of 1 percent of such portion and; provided that, for any calendar month during which the average of such exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 the 0.575% of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.850 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.800 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1.5 billion the fee payable for that month based on the portion of the average of such values in excess of $1.5 billion shall be 1/12 of 0.750 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.400 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million5 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 5 billion shall be 1/12 of 0.95 0.385 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 6 billion the fee payable for that month based on the portion of the average of such values in excess of $1 6 billion shall be 1/12 of 0.90 0.370 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.580 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million3 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million 3 billion shall be 1/12 of 0.95 0.555 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion 4 billion, the fee payable for that month based on the portion of the average of such values in excess of $1 4 billion shall be 1/12 of 0.90 0.530 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust Corporation on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million1 billion, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1.5 billion, the fee payable for that month based on the portion of the average of such values in excess of $1.5 billion shall be 1/12 of 0.85 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $2.0 billion, the fee payable for that month based on the portion of the average of such values in excess of $2.0 billion shall be 1/12 of 0.80 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.400 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.385 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.370 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

Management Fee. For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 3, 4 4, 5 and 5 6 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of 1/12 of 1.00 0.750 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $500 million, the fee payable for that month based on the portion of the average of such values in excess of $500 million shall be 1/12 of 0.95 0.700 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds $1 billion billion, the fee payable for that month based on the portion of the average of such values in excess of $1 billion shall be 1/12 of 0.90 0.650 of 1 percent of such portion; over any compensation waived by you from time to timetime (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.