Common use of Compensation of the Investment Adviser Clause in Contracts

Compensation of the Investment Adviser. For all services provided to the Portfolio pursuant to this Agreement, the Trust shall pay the Investment Adviser, and the Investment Adviser agrees to accept as full compensation therefor, an investment advisory fee, payable as soon as practicable after the last day of each month, calculated using a Blended Annual Rate as hereinafter defined. The monthly investment advisory fee to be paid by the Trust to the Investment Adviser shall be determined as of the close of business on the last business day of each month by multiplying one-twelfth of the Blended Annual Rate, calculated monthly as of such day, by the Average Portfolio Net Assets (hereinafter defined), also calculated monthly as of such day.

Compensation of the Investment Adviser. For all services provided to -------------------------------------- the Portfolio pursuant to this Agreement, the Trust shall pay the Investment Adviser, and the Investment Adviser agrees to accept as full compensation therefor, an investment advisory fee, payable as soon as practicable after the last day of each month, calculated using a Blended Annual Rate as hereinafter defined. The monthly investment advisory fee to be paid by the Trust to the Investment Adviser shall be determined as of the close of business on the last business day of each month by multiplying one-twelfth of the Blended Annual Rate, calculated monthly as of such day, by the Average Portfolio Net Assets (hereinafter defined), also calculated monthly as of such day.

Compensation of the Investment Adviser. For all services provided to the ---------------------------------------- Portfolio pursuant to this Agreement, the Trust shall pay the Investment Adviser, and the Investment Adviser agrees to accept as full compensation therefor, an investment advisory fee, payable as soon as practicable after the last day of each month, calculated using a Blended Annual Rate as hereinafter defined. The monthly investment advisory fee to be paid by the Trust to the Investment Adviser shall be determined as of the close of business on the last business day of each month by multiplying one-twelfth of the Blended Annual Rate, calculated monthly as of such day, by the Average Portfolio Net Assets (hereinafter defined), also calculated monthly as of such day.