Common use of Service Fee Clause in Contracts

Service Fee. The Fund will pay a service fee (the "Service Fee") as defined in Section 26 of the Rules of Fair Practice of the National Association of Securities Dealers, Inc. (or any successor provision thereto) as in effect from time to time (the "NASD Rule") at an annual rate not to exceed 0.25% of the fund's average daily net assets attributable to the Class C shares. The Service Fee shall be accrued daily and paid monthly or at such other intervals as the directors shall determine. The Underwriter may pay all or any portion of the Service Fee to securities dealers or other organizations (including, but not limited to, any affiliate of the Underwriters) as service fees pursuant to agreements with such organizations for providing personal services to investors in Class C shares of the Fund and/or the maintenance of shareholder accounts, and may retain all or any portion of the Service Fee as compensation for providing personal services to investors in Class C shares of the Fund and/or the maintenance of shareholder accounts. All payments under this Section 1(a) are intended to qualify as "service fees" as defined in the NASD Rule.

Service Fee. The Fund will pay a service fee (the "Service Fee") as defined in Section 26 of the Rules of Fair Practice of the National Association of Securities Dealers, Inc. (or any successor provision thereto) as in effect from time to time (the "NASD Rule") at an annual rate not to exceed 0.250.15% of the fund's average daily net assets attributable to the Class C shares. The Service Fee shall be accrued daily and paid monthly or at such other intervals as the directors shall determine. The Underwriter may pay all or any portion of the Service Fee to securities dealers or other organizations (including, but not limited to, any affiliate of the Underwriters) as service fees pursuant to agreements with such organizations for providing personal services to investors in Class C shares of the Fund and/or the maintenance of shareholder accounts, and may retain all or any portion of the Service Fee as compensation for providing personal services to investors in Class C shares of the Fund and/or the maintenance of shareholder accounts. All payments under this Section 1(a) are intended to qualify as "service fees" as defined in the NASD Rule.