Common use of Compensation of the Sub Clause in Contracts

Compensation of the Sub. Adviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Manager shall pay the Sub-Adviser compensation at the annual rate of 0.600% of the first $25 million of the average daily net assets of the Series, 0.550% of the next $75 million of the average daily net assets of the Series, 0.500% of the next $100 million of the average daily net assets of the Series, 0.350% of the next $300 million of the average daily net assets of the Series, and 0.300% in excess of $500 million of such assets, respectively (or such lesser amount as the Sub-Adviser may from time to time agree to receive). Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Series pursuant to the Advisory Agreement.

Compensation of the Sub. Adviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Manager shall pay the Sub-Adviser compensation shall be paid at the annual rate of 0.6000.350% of the first $25 200 million of the average daily net assets of the Series, 0.550% of the next $75 million of the average daily net assets of the Series, 0.500% of the next $100 million of the average daily net assets of the Series, 0.350% of the next $300 million of the average daily net assets of the Series, Series and 0.300% in of any excess of such assets over $500 200 million of such assets, respectively (or such lesser amount as the Sub-Adviser may from time to time agree to receive). Such compensation shall be paid by the Trust (except to the extent that the Trust, the Sub-Adviser and the Manager otherwise agree in writing from time to time). Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Series pursuant to the Advisory Agreement.

Compensation of the Sub. Adviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Manager shall pay the Sub-Adviser compensation shall be paid at the annual rate of 0.6000.205% of the first $25 500 million of the average daily net assets of the Series, 0.5500.180% of the next $75 500 million of the average daily net assets of the Series, 0.5000.160% of the next $100 500 million of the average daily net assets of the Series, 0.3500.140% of the next $300 500 million of the average daily net assets of the Series, Series and 0.3000.120% in excess of $500 million 2 billion of such assets, respectively (or such lesser amount as the Sub-Adviser may from time to time agree to receive). Such compensation shall be paid by the Trust (except to the extent the Trust, the Sub-Advisor and the Manager otherwise agree in writing from time to time). Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Series pursuant to the Advisory Agreement.

Compensation of the Sub. Adviser. As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Manager shall pay the Sub-Adviser compensation shall be paid at the annual rate of 0.6000.50% of the first $25 million of the average daily net assets of the Series, 0.5500.40% of the next $75 million of the average daily net assets of the Series, 0.5000.35% of the next $100 million of the average daily net assets of the Series, 0.350% of the next $300 million of the average daily net assets of the Series, Series and 0.3000.30% in excess of $500 200 million of such assets, respectively (or such lesser amount as the Sub-Adviser may from time to time agree to receive). Such compensation shall be paid by the Trust (except to the extent that the Trust, the Sub-Adviser and the Manager otherwise agree in writing from time to time). Such compensation shall be payable monthly in arrears or at such other intervals, not less frequently than quarterly, as the Manager is paid by the Series pursuant to the Advisory Agreement.