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Common use of Portfolios Clause in Contracts

Portfolios. The Adviser voluntarily agrees to waive its advisory fee for each Lifestyle II Portfolio (each a “Fund”) so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.50% of the Fund’s first $7.5 billion of average annual net assets and 0.49% of the Fund’s average annual net assets in excess of $7.5

Appears in 17 contracts

Samples: Expense Limitation Agreement (John Hancock Funds II), Expense Limitation Agreement (John Hancock Funds II), Expense Limitation Agreement (John Hancock Funds II)