Common use of Performance Adjustment Clause in Contracts

Performance Adjustment. One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Fund (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 and the performance period. The resulting dollar amount is added to or deducted from the Basic Fee. The resulting dollar amount is allocated to the classes of the Fund based on the relative net assets of each class on each business day in the month, and a class's allocated amount is added to or deducted from a class's Basic Fee.

Performance Adjustment. One-–twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Fund (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 and the performance period. The resulting dollar amount is added to or deducted from the Basic Fee. The resulting dollar amount is allocated to the classes of the Fund based on the relative net assets of each class on each business day in the month, and a class's allocated amount is added to or deducted from a class's Basic Fee.

Performance Adjustment. One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Fund (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 and the performance period. The resulting dollar amount is added to or deducted from the Basic Fee. The resulting dollar amount is allocated to the classes of the Fund based on the relative net assets of each class on each business day in the month, and a class's ’s allocated amount is added to or deducted from a class's ’s Basic Fee.

Performance Adjustment. One-One- twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Fund (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 and the performance period. The resulting dollar amount is added to or deducted from the Basic Fee. The resulting dollar amount is allocated to the classes of the Fund based on the relative net assets of each class on each business day in the month, and a class's allocated amount is added to or deducted from a class's Basic Fee.