Common use of Allocation of Expenses Clause in Contracts

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from by the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation the fees and expenses of its trustees other than those associated or affiliated with OFITrustees; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees Trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, reports and notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding regular annual meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from by the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any the legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from by the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from by the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Series of the Company not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Series, shall be paid by the TrustCompany on behalf of the Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and the Series; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company or the Series, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company or the Series for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation of its Trustees other than those affiliated with the Manager or such adviser, administrator or principal underwriter and expenses of all its trustees other than those associated or affiliated with OFITrustees; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xiixi) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two three or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses (of the Fund Company) not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company thereof and any legal obligation which the Trust Company, may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by by, or under common control with OFI, OFI who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL (or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Company not expressly assumed by OFI under this Agreement, or to be paid by OppenheimerFunds Distributor, Inc., the distributor of the shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company and any legal obligation which the Trust Company may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by by, or under common control with OFI, OFI who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Company not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company and any legal obligation which the Trust Company, may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by by, or under common control with OFI, OFI who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, reports and notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding regular annual meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from by the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor therefore by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers theretothereto including without limitation the cost of share certificates; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws law of shares of the Fund for public salesale and for qualifying additional shares of the Fund for sale under the securities laws of the various states after the initial registration of the Fund’s shares in such states; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; (xii) expenses incurred in connection with the valuation of portfolio securities and the calculation of its net asset value; (xiii) membership dues in the Investment Company Institute or any similar organization; and (xiixiv) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Company not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's Company’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company and any legal obligation which the Trust Company, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Series of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Series, shall be paid by the TrustFund on behalf of the Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundFund and the Series; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund or any Series thereof and any legal obligation which the Trust Fund or the Series, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL (or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund or the Series for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) expenses of portfolio pricing and keeping the Fund’s accounting records including the computation of net asset value per share and the dividends; (v) compensation of its Trustees other than those affiliated with the Manager or such adviser, administrator or principal underwriter and expenses of all its trustees other than those associated or affiliated with OFITrustees; (vvi) legal and audit expenses; (vivii) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against (including issuance on the payment therefor by of, or on behalf of the subscribers theretoreinvestment of, dividends); (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (x) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, by a sub-adviser under any Sub-Advisory Agreement or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its the Trust's trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal and state "blue sky" securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) expenses of portfolio pricing and keeping the Fund's accounting records including the computation of net asset value per share and the dividends; (v) compensation of its Trustees other than those affiliated with the Manager or such adviser, administrator or principal underwriter and expenses of all its trustees other than those associated or affiliated with OFITrustees; (vvi) legal and audit expenses; (vivii) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against (including issuance on the payment therefor by of, or on behalf of the subscribers theretoreinvestment of, dividends); (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (x) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI OFT under this Agreement, by a sub-adviser under any Sub-Advisory Agreement or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its the Trust’s trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal and state “blue sky” securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums premium for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees faces and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring nonrecurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL (or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums premium for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees faces and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring nonrecurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Trust who are affiliated persons of the Manager. The Trust agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the Trust, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares the Trust or its shares; (ix) expenses of preparing, printing and mailing reports and notices and proxy material to shareholders of the Fund for public saleTrust; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the FundTrust's shareholders; and (xiixi) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations for which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. The Advisor agrees that it will furnish the Trust, at the Advisor's expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. All other operating costs and expenses of relating to the Fund not expressly assumed by OFI the Advisor under this Agreement, Agreement shall be paid by the TrustTrust from the assets of the Fund, as applicable, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees the Trust's Trustees other than those associated or affiliated with OFIthe Advisor; (v) legal and audit expenses; (vi) custodian fees and expenses of the Trust's custodian, shareholder servicing or transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption issuance of its the Fund's shares, including issuance on the payment of, or reinvestment of, dividends; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal securities laws of the Trust or the shares of the Fund for public saleand the cost of notice filings under state securities laws; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials to shareholders of the Fund; (xix) except as noted above, all other expenses incidental incident to holding meetings of the Fund's shareholders; and (xi) dues or assessments of or contributions to the Investment Company Institute or any successor; (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of ; and (xiii) all expenses which the Trust shall not receive or the Fund agree to bear in any compensation from distribution agreement or in any plan adopted by the Trust for their services. The expenses with respect and/or the Fund pursuant to any two or more series of Rule 12b-1 under the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made1940 Act.

Allocation of Expenses. All other The Manager will bear all costs and expenses of its employees and overhead in- curred by it in connection with its duties hereunder except as noted in Sec- tion 5 below. All other expenses (other than those to be paid by the Fund not expressly assumed by OFI Fund's distributor under this Agreementa distribution agreement), shall be paid by the TrustFund, includingin- cluding, but not limited to: (ia) interest expense, taxes and taxesgovernmental fees; (iib) brokerage commissionscommissions and other expenses incurred in acquiring or dis- posing of the Fund's securities and commodities holdings; (iiic) insurance premiums for fidelity and other coverage requisite to its the Fund's operations; (ivd) compensation and expenses fees of its trustees the Trustees other than those associated or affiliated who are interested persons of the Fund and out-of-pocket travel expenses for all Trustees and other expenses incurred by the Fund in connection with OFITrustees' meetings; (ve) legal outside legal, accounting and audit expenses; (vif) custodian custodian, dividend disbursing, and transfer agent fees and expenses; (viig) expenses incident to in connection with the redemption issuance, offering, sale or underwrit- ing of its sharessecurities issued by the Fund, including preparation of stock certificates; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ixh) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares or qualification of the Fund Fund's shares for public salesale with the Commission and in various states and foreign jurisdictions; (xi) expenses of printing and mailing reports, reports and notices and proxy materials mate- rial to shareholders of the Fund's shareholders; (xij) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholdersshare- holders; (k) expenses of organizing the Fund; and (xiil) such extraordinary non-recurring expenses as may arise, including litigation, lit- igation affecting the Fund and any the legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.A-3

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI VTL under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation the fees and expenses of its trustees other than those associated or affiliated with OFIVTL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration for public sale under Federal federal securities laws or the laws of shares any state, the District of Columbia, territory, commonwealth or possession of the Fund for public saleUnites States, or any foreign country; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI VTL or any entity controlling, controlled by or under common control with OFIVTL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers theretothereto including without limitation the cost of share certificates; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws law of shares of the Fund for public salesale and for qualifying additional shares of the Fund for sale under the securities laws of the various states after the initial registration of the Fund's shares in such states; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; (xii) expenses incurred in connection with the valuation of portfolio securities and the calculation of its net asset value; (xiii) membership dues in the Investment Company Institute or any similar organization; and (xiixiv) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made. 5.

Allocation of Expenses. All other costs and expenses of the Fund Series of the Company not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Series, shall be paid by the TrustCompany on behalf of the Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and the Series; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's Company’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company or the Series, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL (or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL) who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company or the Series for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Advisor agrees that it will furnish the Trust, at the Advisor's expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. All other operating costs and expenses of relating to the Fund not expressly assumed by OFI the Advisor under this Agreement, Agreement shall be paid by the TrustTrust from the assets of the Fund, as applicable, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees the Trust's Trustees other than those associated or affiliated with OFIthe Advisor; (v) legal and audit expenses; (vi) custodian fees and expenses of the Trust's custodian, shareholder servicing or transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption issuance of its the Fund's shares, including issuance on the payment of, or reinvestment of, dividends; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or state securities laws of the Trust or the shares of the Fund for public saleFund; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials to shareholders of the Fund; (xix) except as noted above, all other expenses incidental incident to holding meetings of the Fund's shareholders; and (xi) dues or assessments of or contributions to the Investment Company Institute or any successor; (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of ; and (xiii) all expenses which the Trust shall not receive or the Fund agree to bear in any compensation from distribution agreement or in any plan adopted by the Trust for their services. The expenses with respect and/or the Fund pursuant to any two or more series of Rule 12b-1 under the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made1940 Act.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundFund and each Series; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund or any Series thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund or any Series thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Advisor agrees that it will furnish the Fund, at the Advisor's expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. The Advisor will also pay all compensation of all Trustees, officers and employees of the Trust who are affiliated persons of the Advisor. All other costs and expenses of the Fund not expressly assumed by OFI the Advisor under this Agreement, Agreement shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Advisor or its Administrator; (v) legal and audit expenses; (vi) custodian fees and expenses of the Fund's custodian, transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption issuance of its shares, including stock certificates and issuance of shares on the payment of, or reinvestment of, dividends; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or state securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, notices notices, proxy material and proxy materials prospectuses to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xi) dues or assessments of or contributions to the Investment Company Institute or any successor or other industry association; (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees ; (xiii) fees of the Trust shall not receive any compensation from Fund's Administrator and (xiii) the Trust for their services. The expenses with respect to any two or more series organization costs of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeFund.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xiixi) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from by the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses (of the Fund Fund) not expressly assumed by OFI Global under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI Global; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI Global or any entity controlling, controlled by by, or under common control with OFI, OFI Global who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of each Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company and Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and each Series; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company, or any Series of the Company, may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI OMC or any entity controlling, controlled by by, or under common control with OFIwith, OMC who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company or any Series thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers theretothereto including without limitation the cost of share certificates; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws law of shares of the Fund for public salesale and for qualifying additional shares of the Fund for sale under the securities laws of the various states after the initial registration of the Fund’s shares in such states; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; (xii) expenses incurred in connection with the valuation of portfolio securities and the calculation of its net asset value; (xiii) membership dues in the Investment Company Institute or any similar organization; and (xiixiv) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustCorporation, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees directors other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Corporation may have (on behalf of the Fund Fund) to indemnify its officers and trustees directors with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees directors or employees of the Trust Corporation shall not receive any compensation from the Trust Corporation for their services. The expenses with respect to any two or more series of the Trust Corporation shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by OppenheimerFunds Distributor, Inc., the distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and During the term of this Agreement, OFI shall pay all of the expenses of the Fund not expressly assumed by OFI Fund, except for (i) the fee payment under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; distribution fees or expenses under the Fund’s 12b-1 plan (if any), (iii) insurance premiums for fidelity and other coverage requisite to its operations; interest expenses, (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; taxes, (v) legal acquired fund fees and audit expenses; , (vi) custodian brokers’ commissions and transfer agent any other portfolio transaction-related expenses and fees and expenses; (vii) expenses incident to the redemption arising out of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or transactions effected on behalf of the subscribers thereto; Fund, (ixvii) credit facility fees and expenses, including interest expenses and (viii) litigation and indemnification expenses and other than as hereinabove extraordinary expenses not incurred in the ordinary course of the Fund’s business. For the avoidance of doubt, OFI’s payment of such expenses may be accomplished through the Fund’s payment of such expenses and a corresponding reduction in the fee payable to OFI pursuant to Paragraph 5 hereof; provided, incident however, that if the amount of expenses paid by the Fund exceeds the fee payable to the registration under Federal securities laws of shares of OFI pursuant to Paragraph 5 hereof, OFI will reimburse the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect theretoexcess amount. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers theretothereto including without limitation the cost of share certificates; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws law of shares of the Fund for public salesale and for qualifying additional shares of the Fund for sale under the securities laws of the various states after the initial registration of the Fund's shares in such states; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; (xii) expenses incurred in connection with the valuation of portfolio securities and the calculation of its net asset value; (xiii) membership dues in the Investment Company Institute or any similar organization; and (xiixiv) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation the fees and expenses of its trustees other than those associated or affiliated with OFITrustees; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal applicable securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Company not expressly assumed by OFI under this Agreement, or to be paid by OppenheimerFunds Distributor, Inc., the distributor of the shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company and any legal obligation which the Trust Company may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by by, or under common control with OFI, OFI who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made5.

Allocation of Expenses. The Advisor agrees that it will furnish the Fund, at the Advisor's expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. The Advisor will also pay all compensation of all Directors, officers and employees of the Fund who are affiliated persons of the Advisor. All other costs and expenses of the Fund not expressly assumed by OFI the Advisor under this Agreement, Agreement shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFIthe Advisor; (v) legal and audit expenses; (vi) custodian fees and expenses of the Fund's custodian, shareholder servicing or transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption issuance of its shares, including stock certificates and issuance of shares on the payment of, or reinvestment of, dividends; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or state securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices proxy material and proxy materials prospectuses to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xi) dues or assessments of or contributions to the Investment Company Institute or any successor or other industry association; (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers ; and (xiii) all expenses which the Fund or employees of OFI a Portfolio agrees to bear in any distribution agreement or in any entity controlling, controlled plan adopted by or the Fund and/or a Portfolio pursuant to Rule 12b-1 under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeAct.

Allocation of Expenses. All other costs and expenses of each Series of the Fund Company not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of each Series of the Company, shall be paid by the TrustCompany on behalf of the appropriate Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of each Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company and Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and each Series; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-non- recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company, or any Series of the Company, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI OMC (or any entity controlling, controlled by by, or under common control with OFI, OMC) who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company or any Series thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI OMC (or any entity controlling, controlled by by, or under common control with OFI, OMC) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers theretothereto including without limitation the cost of share certificates; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws law of shares of the Fund for public salesale and for qualifying additional shares of the Fund for sale under the securities laws of the various states after the initial registration of the Fund's shares in such states; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; (xii) expenses incurred in connection with the valuation of portfolio securities and the calculation of its net asset value; (xiii) membership dues in the Investment Company Institute or any similar organization; and (xiixiv) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made5.

Allocation of Expenses. (a) The Manager shall at its expense provide all executive, administrative and clerical personnel as shall be required to provide effective corporation administration for the Fund. The Manager shall, at its own cost and expense, also provide the Fund with adequate office space, facilities, equipment and related services. The Manager is expressly permitted, at its option, to arrange for the provision of these administrative services and functions by others. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreement, Agreement shall be paid by the TrustFund, including, but not limited to: to (i) compilation and maintenance of records with respect to the Fund's operations and the preparation and filing of such reports with respect thereto as shall be required by rules or regulations promulgated by the Securities and Exchange Commission; (ii) the composition, printing and mailing of registration statements and prospectuses required by Federal and state laws for continuous public sale of shares of the Fund; (iii) interest and taxes; (ii) brokerage commissions; (iiiiv) insurance premiums for fidelity and other coverage requisite to its operations; (ivv) compensation and expenses of its trustees directors other than those associated or affiliated with OFIthe Manager; (vvi) legal and audit expenses; (vivii) custodian and transfer agent fees and expenses; , costs of stockholders services and brokerage commissions, if any, (viiviii) expenses incident to the redemption of its shares; (viiiix) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ixx) fees and expenses, other than as hereinabove provided, incident to the registration registration, under Federal and state securities laws laws, of shares of the Fund for public sale; (xxi) expenses of composition, printing and mailing reports, periodic reports with respect to its operations and notices and proxy materials to shareholders stockholders of the Fund; (xixii) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholdersstockholders; and (xiixiii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its directors, officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeothers.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub- Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xiixi) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Business Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; (xi) expenses of keeping its accounting records including the computation of net asset value per share and the dividends; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Series of the Company not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Series, shall be paid by the TrustCompany on behalf of the Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor therefore by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and the Series; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company or the Series, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company or the Series for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation of its Trustees other than those affiliated with the Manager or such adviser, administrator or principal underwriter and expenses of all its trustees other than those associated or affiliated with OFITrustees; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers theretothereto including without limitation the cost of share certificates; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws law of shares of the Fund for public salesale and for qualifying additional shares of the Fund for sale under the securities laws of the various states after the initial registration of the Fund’s shares in such states; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; (xii) expenses incurred in connection with the valuation of portfolio securities and the calculation of its net asset value; (xiii) membership dues in the Investment Company Institute or any similar organization; and (xiixiv) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring nonrecurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI OMC (or any entity controlling, controlled by by, or under common control with OFI, OMC) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums premium for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees faces and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring nonrecurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL (or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses (of the Fund Company) not expressly assumed by OFI Global under this Agreement, or to be paid by the Distributor of the Shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI Global; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company thereof and any legal obligation which the Trust Company, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI Global or any entity controlling, controlled by by, or under common control with OFI, OFI Global who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFIOFI GLOBAL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two three or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund Company not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by OppenheimerFunds Distributor, Inc., the distributor of the shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's Company’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company and any legal obligation which the Trust Company may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, by a sub-adviser under any Sub-Advisory Agreement or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its the Trust’s trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident vii)expenses incidental to the redemption of its shares; (viii) expenses incident incidental to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident incidental to the registration under Federal federal and state “blue sky” securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, OFI who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, by a sub-adviser under any Sub-Advisory Agreement or to be paid by the Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its the Trust’s trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal federal and state “blue sky” securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have (on behalf of the Fund Fund) to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI GLOBAL or any entity controlling, controlled by or under common control with OFI, OFI GLOBAL who may also serve as officers, trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI OMC (or any entity controlling, controlled by by, or under common control with OFI, OMC) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Management Corporation shall at its expense provide all executive, administrative and clerical personnel as shall be required to provide effective administration for the Fund, including the compilation and maintenance of records with respect to its operations as may reasonably be required; the preparation and filing of such reports with respect thereto as shall be required by rules or regulations promulgated by the Securities and Exchange Commission; the composition of registration statements required by Federal securities laws for continuous public sale of shares of the Fund; composition of periodic reports with respect to its operations for the shareholders of the Fund; and composition of proxy materials for meetings of the Fund's shareholders. The Management Corporation shall, at its own cost and expense, also provide the Fund with adequate office space, facilities and equipment. The Management Corporation shall, at its own expense, provide such officers for the Fund as the Fund's Board may request. All other costs and expenses of the Fund not expressly assumed by OFI the Management Corporation under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions, if any; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Management Corporation; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor therefore by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and State securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices notices, and proxy materials material to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding regular annual meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI GLOBAL under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOFI GLOBAL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor therefore by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI GLOBAL (or any entity controlling, controlled by by, or under common control with OFI, OFI GLOBAL) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation of its Trustees other than those affiliated with the Manager or such adviser, administrator or principal underwriter and expenses of all its trustees other than those associated or affiliated with OFITrustees; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxes; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its the Fund's operations; (iv) compensation and expenses fees of its trustees other than those associated the persons serving on the Board ("Managers") who are not officers or affiliated with OFIemployees of OFI or of any affiliate of OppenheimerFunds Distributor, Inc.; (v) the fees and disbursements of legal counsel to the Fund and audit expensescounsel to the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder, of the Fund; (vi) custodian accounting and transfer agent audit fees and expenses; (vii) expenses incident to the redemption of its sharescustodian and administrative fees and expenses; (viii) expenses incident to the repurchase of membership interests in the Fund ("Interests") from Members; (ix) expenses incident to the issuance of its shares Interests against payment therefor by or on behalf of the subscribers theretoinvestors; (ixx) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal and state securities laws of shares of the Fund Interests for public sale; (xxi) expenses of printing and mailing reportsprospectuses, reports and notices to Members and proxy materials to shareholders of the Fundmaterials; (xixii) except as noted above, all other expenses incidental incident to holding meetings of the Fund's shareholdersBoard and Members; and (xiixiii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation as to which the Trust Fund may have on behalf of the Fund be required to indemnify its officers and trustees with respect theretoany Manager or other person. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Managers or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums premium -------- for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees faces and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring nonrecurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; (xi) expenses of keeping the Fund's accounting records including the computation of net asset value per share and the dividends; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove herein above provided, incident to the registration under Federal securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's ’s shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund thereof and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Fund who are affiliated persons of the Manager. The Fund agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such pro spectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly ex pressly assumed by OFI the Manager under this Agreementsub-section or other wise by the Manager, administrator or principal underwriter or by any Sub-Adviser shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares of the Fund for public saleor its shares; (xix) expenses of preparing, printing and mailing reports, reports and notices and proxy materials material to shareholders of the Fund; (xix) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xiixi) such extraordinary non-non- recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation obligations for which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of the Fund Company not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of the Company, shall be paid by the TrustCompany, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Directors other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company and any legal obligation which the Trust Company, may have on behalf of the Fund to indemnify its officers and trustees Directors with respect thereto. Any officers or employees of OFI OMC or any entity controlling, controlled by by, or under common control with OFI, OMC who may also serve as officers, trustees Directors or employees of the Trust Company shall not receive any compensation from the Trust Company thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made5.

Allocation of Expenses. The Advisor agrees that it will furnish the Trust, at the Advisor's expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. The Advisor (or an affiliate thereof) will also pay all compensation of all Trustees, officers and employees of the Trust who are affiliated persons of the Advisor. All other operating costs and expenses of relating to the Fund Fixed-Income Funds not expressly assumed by OFI the Advisor under this Agreement, Agreement shall be paid by the TrustTrust from the assets of either the Low Duration Fund or the Short-Term Investment Fund, includingas applicable, including but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees the Trust's Trustees other than those associated or affiliated with OFIthe Advisor; (v) legal and audit expenses; (vi) custodian and custodian, shareholder servicing or transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption issuance of its the Fixed-Income Funds' shares, including issuance on the payment of, or reinvestment of, dividends; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or state securities laws of the Trust or the shares of the Fund for public saleFixed-Income Funds; (ix) expenses of preparing, printing and mailing reports and notices and proxy material to shareholders of the Trust; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the FundTrust's shareholders; and (xi) dues or assessments of or contributions to the Investment Company Institute or any successor; (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of ; and (xiii) all expenses which the Trust shall not receive or the Fixed-Income Funds agree to bear in any compensation from distribution agreement or in any plan adopted by the Trust for their services. The expenses with respect and/or a Fund pursuant to any two or more series of Rule 12b-1 under the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made1940 Act.

Allocation of Expenses. All other costs and expenses of each Series of the Fund Company not expressly assumed by OFI OMC under this Agreement, or to be paid by the Distributor of the Shares of each Series of the Company, shall be paid by the TrustCompany on behalf of the appropriate Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of each Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIOMC; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company and Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and each Series; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company, or any Series of the Company, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI OMC or any entity controlling, controlled by by, or under common control with OFI, OMC who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company or any Series thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made5.

Allocation of Expenses. The Manager shall, at its own expense, provide office space, facilities, equipment, and personnel for the performance of its functions hereunder and shall pay all compensation of Trustees, officers, and employees of the Trust who are affiliated persons of the Manager. The Trust agrees to bear the costs of preparing and setting in type its prospectuses, statements of additional information and reports to its shareholders, and the costs of printing or otherwise producing and distributing those copies of such prospectuses, statements of additional information and reports as are sent to its shareholders. All other costs and expenses of the Fund not expressly assumed by OFI the Manager under this Agreementsub-section or otherwise by the Manager, administrator or principal underwriter or by any Sub- Adviser shall be paid by the Trust, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Manager or such adviser, administrator or principal underwriter; (v) legal and audit expenses; (vi) custodian and transfer agent agent, or shareholder servicing agent, fees and expenses; (vii) expenses incident to the redemption issuance of its sharesshares (including issuance on the payment of, or reinvestment of, dividends); (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or State securities laws of shares the Trust or its shares; (ix) expenses of preparing, printing and mailing reports and notices and proxy material to shareholders of the Fund for public saleTrust; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the FundTrust's shareholders; and (xiixi) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations for which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be madeTrustees.

Allocation of Expenses. All other costs and expenses of each Series of the Fund Company not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of each Series of the Company, shall be paid by the TrustCompany on behalf of the appropriate Series, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of each Series; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund Company and Series for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the FundCompany and each Series; (xi) except as noted above, all other expenses incidental to holding meetings of the FundCompany's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund Company or any Series thereof and any legal obligation which the Trust Company, or any Series of the Company, may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Company shall not receive any compensation from the Trust Company or any Series thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Advisor agrees that it will furnish the Trust, at the Advisor’s expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. The Advisor will also pay all compensation of all Trustees, officers and employees of the Trust who are affiliated persons of the Advisor. All other costs and expenses of the Fund not expressly assumed by OFI the Advisor under this Agreement, Agreement shall be paid by the Trust, including, but not limited to: to (iI) interest and taxes; (iiII) brokerage commissions; (iiiIII) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (ivIV) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Advisor or the Administrator; (vV) legal and audit expenses; (viVI) custodian fees and expenses of the Funds’ custodian, transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption of its shares; (viiiVII) expenses incident to the issuance of its shares, including stock certificates and issuance of shares against on the payment therefor by of, or on behalf of the subscribers theretoreinvestment of, dividends; (ixVIII) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or state securities laws of shares of the each Fund for public saleor its shares; (xIX) expenses of preparing, printing and mailing reports, notices notices, proxy material and proxy materials prospectuses to shareholders of the each Fund; (xiX) except as noted above, all other expenses incidental to holding meetings of the each Fund's ’s shareholders; and (xiiXI) dues or assessments of or contributions to the Investment Company Institute or any successor or other industry association; (XII) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees ; (XIII) fees of the Trust shall not receive Funds’ Administrator; and (XIV) the organization costs of each Fund. Notwithstanding any compensation from provisions of this Section 4 to the Trust for their services. The contrary, all costs and expenses with respect to any two or more series of the Trust SMART Fund, other than extraordinary expenses, shall be allocated in proportion to paid by the net assets of the respective series except where allocations of direct expenses can be madeAdvisor.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, or to be paid by the Distributor of the Shares of the Fund, shall be paid by the TrustFund, including, but not limited to: (i) interest interest, taxes and taxesgovernmental fees; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its sharesShares; (viii) expenses incident to the issuance of its shares Shares against payment therefor therefore by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and state securities laws of shares Shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Trustees or employees of the Trust Fund shall not receive any compensation from the Trust Fund thereof for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Management Corporation shall at its expense provide all executive, administrative and clerical personnel as shall be required to provide effective administration for the Fund, including the compilation and maintenance of records with respect to its operations as may reasonably be required; the preparation and filing of such reports with respect thereto as shall be required by rules or regulations promulgated by the Securities and Exchange Commission; the composition of registration statements required by Federal securities laws for continuous public sale of shares of the Fund; composition of periodic reports with respect to its operations for the shareholders of the Fund; and composition of proxy materials for meetings of the Fund's shareholders. The Management Corporation shall, at its own cost and expense, also provide the Fund with adequate office space, facilities and equipment. The Management Corporation shall, at its own expense, provide such officers for the Fund as the Fund's Board shall request. All other costs and expenses of the Fund not expressly assumed by OFI the Management Corporation under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions, if any; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Management Corporation; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and State securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices notices, and proxy materials material to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding regular annual meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI VTL under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the Trust, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other insurance coverage requisite to its operations; (iv) compensation the fees and expenses of its trustees other than those associated or affiliated with OFIVTL; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration for public sale under Federal federal securities laws or the laws of shares any state, the District of Columbia, territory, commonwealth or possession of the Fund for public saleUnites States, or any foreign country; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation which the Trust may have on behalf of the Fund to indemnify its officers and trustees with respect thereto. Any officers or employees of OFI VTL or any entity controlling, controlled by or under common control with OFIVTL, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Management Corporation shall at its expense provide all executive, administrative and clerical personnel as shall be required to provide effective administration for the Fund, including the compilation and maintenance of records with respect to its operations as may reasonably be required; the preparation and filing of such reports with respect thereto as shall be required by rules or regulations promulgated by the Securities and Exchange Commission; the composition of registration statements required by Federal securities laws for continuous public sale of shares of the Fund; composition of periodic reports with respect to its operations for the shareholders of the Fund; and composition of proxy materials for meetings of the Fund's shareholders. The Management Corporation shall, at its own cost and expense, also provide the Fund with adequate office space, facilities and equipment. The Management Corporation shall, at its own expense, provide such officers for the Fund as the Fund's Board may request. All other costs and expenses of the Fund not expressly assumed by OFI the Management Corporation under this Agreement, or to be paid by the General Distributor of the shares of the Fund, shall be paid by the TrustFund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions, if any; (iii) insurance premiums for fidelity and other coverage requisite to its operations; (iv) compensation and expenses of its trustees Trustees other than those associated or affiliated with OFIthe Management Corporation; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal and State securities laws of shares of the Fund for public sale; (x) expenses of printing and mailing reports, notices notices, and proxy materials material to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding regular annual meetings of the Fund's shareholders; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund and any the legal obligation which the Trust Fund may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.

Allocation of Expenses. The Adviser agrees that it will furnish the Trust, at the Adviser’s expense, with all office space and facilities, and equipment and clerical personnel necessary for carrying out its duties under this Agreement. Except as permitted by the 1940 Act, the Adviser will also pay all compensation of all Trustees, officers and employees of the Trust who are affiliated persons of the Adviser. All other operating costs and expenses of relating to the Gold Fund not expressly assumed by OFI the Adviser under this Agreement, Agreement shall be paid by the TrustTrust from the assets of the Gold Fund, including, but not limited to: to (i) interest and taxes; (ii) brokerage commissions; (iii) insurance premiums for fidelity and other coverage requisite to its operationspremiums; (iv) compensation and expenses of its trustees the Trust’s Trustees other than those associated or affiliated with OFIthe Trust’s investment advisers; (v) legal and audit expenses; (vi) custodian fees and expenses of the Trust’s Administrator, custodian, shareholder servicing or transfer agent fees and expensesaccounting services agent; (vii) expenses incident to the redemption issuance of its the Gold Fund’s shares, including issuance on the payment of, or reinvestment of, dividends; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, expenses incident to the registration under Federal or state securities laws of the Trust or the shares of the Fund for public saleGold Fund; (ix) expenses of preparing, printing and mailing reports and notices and proxy material to shareholders of the Trust; (x) expenses of printing and mailing reports, notices and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's Trust’s shareholders; and (xi) dues or assessments of or contributions to the Investment Company Institute or any successor; (xii) such extraordinary non-recurring expenses as may arise, including litigation, litigation affecting the Fund Trust and any the legal obligation obligations which the Trust may have on behalf of the Fund to indemnify its officers and trustees Trustees with respect thereto. Any officers or employees of OFI or any entity controlling, controlled by or under common control with OFI, who may also serve as officers, trustees or employees of ; and (xiii) all expenses which the Trust shall not receive any compensation from the Trust for their services. The expenses with respect to any two or more a series of the Trust shall be allocated agrees to bear in proportion to any distribution agreement or in any plan adopted by the net assets Trust and/or a series of the respective series except where allocations of direct expenses can be madeTrust pursuant to Rule 12b-1 under the Act.

Allocation of Expenses. All other costs and expenses of the Fund not expressly assumed by OFI under this Agreement, shall be paid by the TrustFund, including, but not limited to: (i) interest and taxescommitment fees on loan and debit balances; (ii) brokerage commissionscommissions and other expenses incurred in acquiring or disposing of the portfolio securities and other investments of the Fund; (iii) borrowing charges on securities hold short; (iv) custodial fees; (v) margin fees; (vi) transfer taxes and premiums; (vii) taxes withheld on foreign dividends; (viii) fees and expenses incident to the operation and registration of the Fund; (ix) offering costs, (x) costs of compliance with Federal and state securities laws; (xi) all costs and expenses associated with the organization and operation of separate investment funds managed by portfolio managers retained by the Fund; (xii) all expenses incident to holding meetings of the Board and Members, including costs associated with the preparation and dissemination of proxy materials; (xiii) the fees and disbursements of Fund counsel and counsel to the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder, of the Fund; independent accountants for the Fund and other consultants and professionals engaged on behalf of the Fund; (xiv) fees payable to custodians and other persons providing administrative services to the Fund; (xv) insurance premiums for fidelity and other coverage requisite to its the Fund's operations; (iv) compensation and expenses of its trustees other than those associated or affiliated with OFI; (v) legal and audit expenses; (vi) custodian and transfer agent fees and expenses; (vii) expenses incident to the redemption of its shares; (viii) expenses incident to the issuance of its shares against payment therefor by or on behalf of the subscribers thereto; (ix) fees and expenses, other than as hereinabove provided, incident to the registration under Federal securities laws of shares of the Fund for public sale; (xxvi) expenses of printing and mailing reports, distributing reports and notices to Members and proxy materials to shareholders of the Fund; (xi) except as noted above, all other expenses incidental to holding meetings of the Fund's shareholdersmaterials; and (xii) such extraordinary non-recurring expenses as may arise, including litigation, affecting the Fund and any legal obligation as to which the Trust Fund may have on behalf of the Fund be required to indemnify its officers and trustees with respect theretoany Manager or other person. Any officers or employees of OFI (or any entity controlling, controlled by by, or under common control with OFI, ) who may also serve as officers, trustees Managers or employees of the Trust Fund shall not receive any compensation from the Trust Fund for their services. The expenses with respect to any two or more series of the Trust shall be allocated in proportion to the net assets of the respective series except where allocations of direct expenses can be made.