Common use of Subadviser’s Compensation Clause in Contracts

Subadviser’s Compensation. The Manager shall pay to the Subadviser, as compensation for the Subadviser's services hereunder, a fee equal to 0.30% per annum of the Portfolio's average daily net assets. Such fee shall be computed daily and paid monthly. The Portfolio shall have no responsibility for any fee payable to the Subadviser. The method of determining net assets of the Portfolio for purposes hereof shall be the same as the method of determining net assets for purposes of establishing the offering and redemption price of Portfolio shares as described in the Portfolio's Prospectus. If this Agreement shall be effective for only a portion of a month, the aforesaid fee shall be prorated for that portion of such month during which this Agreement is in effect. In the event that the advisory fee payable by the Portfolio to the Manager shall be reduced or the Manager agrees, after written notice to the Subadviser, to utilize a portion of the advisory fee to make payments to a third party, the amount payable to the Subadviser shall be likewise reduced by a proportionate amount. The Subadviser may from time to time agree not to impose all or a portion of its fee otherwise payable hereunder (in advance of the time such fee or portion thereof would otherwise accrue). Any such fee reduction may be discontinued or modified by the Subadviser at any time.

Subadviser’s Compensation. The Manager shall pay to the Subadviser, as compensation for the Subadviser's services hereunder, a fee equal to 0.300.25% per annum of the PortfolioFund's average daily net assetsassets up to $27 million of such assets and 0.50% per annum of average daily net assets in excess of $27 million. Such fee shall be computed daily and paid monthly. The Portfolio Fund shall have no responsibility for any fee payable to the Subadviser. The method of determining net assets of the Portfolio Fund for purposes hereof shall be the same as the method of determining net assets for purposes of establishing the offering and redemption price of Portfolio Fund shares as described in the PortfolioFund's Prospectus. If this Agreement shall be effective for only a portion of a month, the aforesaid fee shall be prorated for that portion of such month during which this Agreement is in effect. In the event that the advisory fee payable by the Portfolio Fund to the Manager shall be reduced or the Manager agrees, after written notice to the Subadviser, to utilize a portion of the advisory fee to make payments to a third party, the amount payable to the Subadviser shall be likewise reduced by a proportionate amount. The Subadviser may from time to time agree not to impose all or a portion of its fee otherwise payable hereunder (in advance of the time such fee or portion thereof would otherwise accrue). Any such fee reduction may be discontinued or modified by the Subadviser at any time.

Subadviser’s Compensation. The Manager shall pay to the Subadviser, as compensation for the Subadviser's services hereunder, a fee equal to 0.30% per annum of the PortfolioFund's average daily net assets. Such fee shall be computed daily and paid monthly. The Portfolio Fund shall have no responsibility for any fee payable to the Subadviser. The method of determining net assets of the Portfolio Fund for purposes hereof shall be the same as the method of determining net assets for purposes of establishing the offering and redemption price of Portfolio Fund shares as described in the PortfolioFund's Prospectus. If this Agreement shall be effective for only a portion of a month, the aforesaid fee shall be prorated for that portion of such month during which this Agreement is in effect. In the event that the advisory fee payable by the Portfolio Fund to the Manager shall be reduced or the Manager agrees, after written notice to the Subadviser, to utilize a portion of the advisory fee to make payments to a third party, the amount payable to the Subadviser shall be likewise reduced by a proportionate amount. The Subadviser may from time to time agree not to impose all or a portion of its fee otherwise payable hereunder (in advance of the time such fee or portion thereof would otherwise accrue). Any such fee reduction may be discontinued or modified by the Subadviser at any time.