Common use of Payment of Fee Clause in Contracts

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this Agreement, Adviser will pay Sub-Adviser fees based on the average daily net assets of the Fund.

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this Agreement, Adviser will pay Sub-Adviser fees a fee based on the average daily net assets of the Fund.

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this Agreement, Adviser will pay Sub-Adviser fees based on a fee at the rate of 0.43% of the average daily net assets of the Fund.

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this Agreement, Adviser will pay Sub-Adviser fees a fee based on the average daily net assets of the FundFund as set forth in Schedule A hereto.

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this this Agreement, Adviser will pay Sub-Adviser fees a fee based on the average daily net assets of the Fund.

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this Agreement, Adviser will pay Sub-Adviser fees based on the average daily net assets of the each Fund.

Payment of Fee. For the services Sub-Adviser renders to Penn Series under this Agreement, Adviser will pay Sub-Adviser fees based on a fee at the rate of 0.37% of the average daily net assets of the Fund.