Common use of Xxxxxx VT Global Equity Fund Clause in Contracts

Xxxxxx VT Global Equity Fund. Effective upon the closing of the merger of Xxxxxx VT Global Utilities Fund into Xxxxxx VT Global Equity Fund, PIM agrees to waive 5 basis points of the contractual management fee payable by Xxxxxx VT Global Equity Fund through April 30, 2021, the expiration of the one-year period following the effective date of the next annual update of the fund’s registration statement.

Xxxxxx VT Global Equity Fund. Effective upon the closing of the merger of Xxxxxx VT Global Utilities Fund into Xxxxxx VT Global Equity Fund, PIM agrees to waive 5 basis points of the contractual management fee payable by Xxxxxx VT Global Equity Fund through April 30, 20212020, the expiration of the one-year period following the effective date of the next annual update of the fund’s registration statement.