Common use of Compensation of Xxxxx Xxxxx Clause in Contracts

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Fund fees as set forth below: For investment management services: Xxxxx Xxxxx shall receive a fee based on the Fund’s average daily net assets per annum as follows: Average Daily Net Assets Annual Fee Rate Up to $500 million 0.650% $500 million but less than $1 billion 0.625% $1 billion but less than $2.5 billion 0.600% $2.5 billion and over 0.575% For administrative services: Xxxxx Xxxxx shall receive a fee equal to 0.15% of the Fund’s average daily net assets per annum. The foregoing compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect. Xxxxx Xxxxx may, from time to time, waive all or a part of the above compensation.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Fund fees as set forth below: For investment management services: Xxxxx Xxxxx shall receive a fee based on the Fund’s average daily net assets per annum as follows: Average Daily Net Assets Annual Fee Rate Up to $500 million 0.650% $500 million but less than $1 billion 0.6250.580% $1 billion but less than up to $2.5 billion 0.6000.560% $2.5 billion and over 0.575up to $5 billion 0.540% Over $5 billion 0.530% For administrative services: Xxxxx Xxxxx shall receive a fee equal to 0.150.04% of the Fund’s average daily net assets per annum. The foregoing compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect. Xxxxx Xxxxx may, from time to time, waive all or a part of the above compensation.

Compensation of Xxxxx Xxxxx. For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Fund fees as set forth below: For investment management services: Xxxxx Xxxxx shall receive a fee based on the Fund’s average daily net assets per annum as follows: Average Daily Net Assets Annual Fee Rate Up to $500 million 0.650% $500 million but less than $1 billion 0.6250.550% $1 billion but less than $2.5 billion 0.6000.530% $2.5 billion but less than $5 billion 0.510% $5 billion and over 0.5750.500% For administrative services: Xxxxx Xxxxx shall receive a fee equal to 0.15% of the Fund’s average daily net assets per annum. The foregoing compensation shall be paid monthly in arrears on the last business day of each month. The Fund’s daily net assets shall be computed in accordance with the Declaration of Trust of the Trust and any applicable votes and determinations of the Trustees of the Trust. In case of initiation or termination of the Agreement during any month with respect to the Fund, the fee for that month shall be based on the number of calendar days during which it is in effect. Xxxxx Xxxxx may, from time to time, waive all or a part of the above compensation.