Common use of TRANSITION RULES FOR CALCULATING ADVISER'S COMPENSATION Clause in Contracts

TRANSITION RULES FOR CALCULATING ADVISER'S COMPENSATION. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended February 28, 2006. Until that date, the following transition rules will apply:

Appears in 3 contracts

Samples: Investment Advisory Agreement (Vanguard World Funds), Investment Advisory Agreement (Vanguard World Funds), Investment Advisory Agreement (Vanguard World Funds)

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TRANSITION RULES FOR CALCULATING ADVISER'S COMPENSATION. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended February 28March 31, 2006. Until that date, the following transition rules will apply:

Appears in 2 contracts

Samples: Investment Advisory Agreement (Vanguard Variable Insurance Fund), Investment Advisory Agreement (Vanguard Variable Insurance Fund)

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