Common use of Purposes of Payments Clause in Contracts

Purposes of Payments. (a) For Service Class Shares the Distributor must use all amounts received under the Plan for (i) advertising by radio, television, newspapers, magazines, brochures, sales literature, direct mail or any other form of advertising, (ii) expenses of sales employees or agents of the Distributor, including salary, commissions, travel and related expenses, (iii) payments to broker-dealers and financial institutions in connection with the distribution of shares, including payments in amounts based on the average daily value of Fund Shares owned by shareholders in respect of which the broker-dealer or institution has a distributing relationship, (iv) costs of printing prospectuses, statements of additional information and other materials to be given or sent to prospective investors, (v) such other similar services as the Trustees determine to be reasonably calculated to result in the sale of shares of the Funds, (vi) costs of shareholder servicing which may be incurred by broker-dealers, banks or other financial institutions, and (vii) other direct and indirect distribution-related activities, including the provision of services with respect to maintaining the assets of the Funds. (b) The services rendered by the Distributor hereunder are in addition to the distribution and administrative services reasonably necessary for the operation of the Trust and the Fund pursuant to the Master Administrative Services Contract between the Trust and First Data Distributors, Inc. and the Master Distribution Contract between the Trust and the Distributor, other than those services which are to be provided by the investment adviser pursuant to the Master Investment Advisory Agreement between the Trust and First American Capital Management, Inc.

Purposes of Payments. (a) For Service Class Shares the The Distributor must use all amounts received under the Plan for (i) advertising by radio, television, newspapers, magazines, brochures, sales literature, direct mail or any other form of advertising, (ii) expenses of sales employees or agents of the Distributor, including salary, commissions, travel and related expenses, (iii) payments to broker-dealers and financial institutions in connection with the distribution of shares, including payments in amounts based on the average daily value of Fund Shares shares owned by shareholders in respect of which the broker-dealer or institution has a distributing relationship, (iv) costs of printing prospectuses, statements of additional information and other materials to be given or sent to prospective investors, (v) such other similar services as the Board of Trustees determine determines to be reasonably calculated to result in the sale of shares of the Funds, (vi) costs of shareholder servicing and administrative services support which may be incurred by broker-dealers, banks or other financial institutions, and (vii) other direct and indirect distribution-related activities, including the provision of services with respect to maintaining the assets of the Funds. (b) The services rendered by the Distributor hereunder are in addition to the distribution and administrative services reasonably necessary for the operation of the Trust and the Fund pursuant to the Master Administrative Services Contract Agreement between the Trust and First Data Distributors, PFPC Inc. and the Master Distribution Contract between the Trust and the Distributor, other than those services which are to be provided by the investment adviser pursuant to the Master Investment Advisory Agreement between the Trust and First American Capital Management, Inc.IBJ Whitehall Bank & Trust Company.

Purposes of Payments. (a) For Service Class Shares the The Distributor must use all amounts received under the Plan for (i) advertising by radio, television, newspapers, magazines, brochures, sales literature, direct mail or any other form of advertising, (ii) expenses of sales employees or agents of the Distributor, including salary, commissions, travel and related expenses, (iii) payments to broker-dealers and financial institutions in connection with the distribution of shares, including payments in amounts based on the average daily value of Fund Shares owned by shareholders in respect of which the broker-dealer or institution has a distributing relationship, (iv) costs of printing prospectuses, statements of additional information and other materials to be given or sent to prospective investors, (v) such other similar services as the Trustees determine to be reasonably calculated to result in the sale of shares of the Funds, (vi) costs of shareholder servicing and administrative services support which may be incurred by broker-dealers, banks or other financial institutions, and (vii) other direct and indirect distribution-related activities, including the provision of services with respect to maintaining the assets of the Funds. (b) The services rendered by the Distributor hereunder are in addition to the distribution and administrative services reasonably necessary for the operation of the Trust and the Fund pursuant to the Master Administrative Services Contract between the Trust and First Data DistributorsIBJ Funds Distributor, Inc. and the Master Distribution Contract between the Trust and the Distributor, other than those services which are to be provided by the investment adviser pursuant to the Master Investment Advisory Agreement between the Trust and First American Capital Management, Inc.IBJ Xxxxxxxx Bank & Trust Company.