Common use of Securities Lending Fees Clause in Contracts

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 19, 2000

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 1913, 20002003

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 19September 1, 20001998

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 19October 17, 20002001

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 19February 9, 20002004

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 1928, 20002002

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 19January 1, 20001999

Securities Lending Fees. As compensation for services provided by the Manager in connection with securities lending activities of each Fund of the AAdvantage Trust, the lending Fund shall pay to the Manager, with respect to cash collateral posted by borrowers, a fee up to 25% of the net monthly interest income (the gross interest income earned by the investment of cash collateral, less the amount paid to borrowers as well as related expenses) from such activities and, with respect to loan fees paid by borrowers when a borrower posts collateral other than cash, a fee up to 25% of such loan fees. To the extent that a Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company, however, the AAdvantage Trust will not pay the Manager any fee for services provided by the Manager in connection with securities lending activities. DATED: May 19November 16, 2000