Common use of Transition Rules for Calculating Advisor’s Compensation Clause in Contracts

Transition Rules for Calculating Advisor’s Compensation. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended May 31, 2013. Until that date, the following transition rules will apply:

Appears in 3 contracts

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

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Transition Rules for Calculating Advisor’s Compensation. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended May July 31, 20132010. Until that date, the following transition rules will apply:

Appears in 1 contract

Samples: Investment Advisory Agreement (Vanguard Explorer Fund)

Transition Rules for Calculating Advisor’s Compensation. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended May 31April 30, 20132008. Until that date, the following transition rules will apply:

Appears in 1 contract

Samples: Investment Advisory Agreement (Vanguard Explorer Fund)

Transition Rules for Calculating Advisor’s Compensation. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended May 31April 30, 20132009. Until that date, the following transition rules will apply:

Appears in 1 contract

Samples: Investment Advisory Agreement (Vanguard Trustees Equity Funds)

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Transition Rules for Calculating Advisor’s Compensation. The Performance Adjustment will not be fully hlly incorporated into the determination of the Adjusted Fee until the fiscal quarter ended May January 31, 2013. Until that date, the following transition rules specified in Schedule B will apply:.

Appears in 1 contract

Samples: Investment Advisory Agreement (Vanguard Whitehall Funds)

Transition Rules for Calculating Advisor’s Compensation. The Performance Adjustment will not be fully incorporated into the determination of the Adjusted Fee until the fiscal quarter ended May October 31, 20132011. Until that date, the following transition rules will apply:

Appears in 1 contract

Samples: Investment Advisory Agreement (Vanguard Explorer Fund)

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