Common use of Term and Compensation Clause in Contracts

Term and Compensation. (a) The term of this Agreement shall commence on the date on which the Trust's registration statement is declared effective by the U.S. Securities and Exchange Commission ("Effective Date"). (b) This Agreement shall remain in effect for two (2) years from the Effective Date. This Agreement shall continue thereafter for periods not exceeding one (1) year, if approved at least annually (i) by a vote of a majority of the outstanding voting securities of each Series; or (ii) by a vote of a majority of the Trustees of the Trust who are not parties to this Agreement (other than as Trustees of the Trust) or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. (c) Fees payable to FPSB shall be paid by Bjurman as set forth in Schedule "B" attached and shall be fixed for the two (2) year period commencing on the Effective Date of this Agreement. Thereafter, the fee schedule will be subject to annual review and adjustment. (d) This Agreement (i) may at any time be terminated without the payment of any penalty, either by a vote of the Trustees of the Trust or by a vote of a majority of the outstanding voting securities of each Series with respect to such Series, on sixty (60) days written notice to FPSB; and (ii) may be terminated by FPSB on sixty (60) days written notice to the Trust with respect to any Series. (e) This Agreement shall automatically terminate in the event of its assignment.

Term and Compensation. (a) The term of this Agreement shall commence on the date on which the Trust's registration statement is declared effective effective-by the U.S. Securities and Exchange Commission ("Effective Date"). (b) This Agreement shall remain in effect for two (2) years from the Effective Date. This Agreement shall continue thereafter for periods not exceeding one (1) year, if approved at least annually (i) by a vote of a majority of the outstanding voting securities of each Series; or (ii) by a vote of a majority of the Trustees of the Trust who are not parties to this Agreement (other than as Trustees of the Trust) or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. (c) Fees payable to FPSB shall be paid by Bjurman Metropolitan as set forth in Schedule "B" attached and shall be fixed for the two (2) year period commencing on the Effective Date of this Agreement. Thereafter, the fee schedule will be subject to annual review and adjustment. (d) This Agreement (i) may at any time be terminated without the payment of any penalty, either by a vote of the Trustees of the Trust or by a vote of a majority of the outstanding voting securities of each Series with respect to such Series, on sixty (60) days written notice to FPSB; and (ii) may be terminated by FPSB on sixty (60) days written notice to the Trust with respect to any Series. (e) This Agreement shall automatically terminate in the event of its assignment.

Term and Compensation. (a) The term of this Agreement shall commence on the date on which the Trust's registration statement is declared effective by the U.S. Securities and Exchange Commission ("Effective Date"). (b) This Agreement shall remain in effect for two (2) years from the Effective Date. This Agreement shall continue thereafter for periods not exceeding one (1) year, if approved at least annually (i) by a vote of a majority of the outstanding voting securities of each Series; or (ii) by a vote of a majority of the Trustees of the Trust who are not parties to this Agreement (other than as Trustees of the Trust) or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. (c) Fees payable to FPSB Fund/Plan shall be paid by Bjurman Trainer Xxxxxxx as set forth in Schedule "B" attached and shall be fixed for the two (2) year period commencing on the Effective Date of this Agreement. Thereafter, the fee schedule will be subject to annual review and adjustment. (d) This Agreement (iI) may at any time be terminated without the payment of any penalty, either by a vote of the Trustees of the Trust or by a vote of a majority of the outstanding voting securities of each Series with respect to such Series, on sixty (60) days days' written notice to FPSBFund/Plan; and (ii) may be terminated by FPSB Fund/Plan on sixty (60) days days' written notice to the Trust with respect to any Series. (e) This Agreement shall automatically terminate in the event of its assignment.