Common use of COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER Clause in Contracts

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Fund will pay to the Manager as compensation for the Manager's services rendered, for the facilities furnished and for the expenses borne by the Manager pursuant to Section 1, a fee, computed and paid monthly at the annual rate of 0.650% of the average daily net asset value of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding). The average daily net asset value of the Fund shall be determined by taking an average of all of the determinations of such net asset value during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the Fund, subject to such terms and conditions as the Manager and the Fund may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Each Fund will pay to the Manager as compensation for the Manager's ’s services rendered, for the facilities furnished furnished, and for the expenses borne by the Manager pursuant to Section 1this Agreement, a fee, computed and paid monthly monthly, at the annual rate of 0.650% specified in Schedule B hereto, of the average daily net asset value assets of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding)Fund. The average daily net asset value assets of the a Fund for any month shall be determined by taking an average of all of the determinations of such a Fund’s net asset value assets during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days as soon as practicable after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the respect to a Fund, subject to such terms and conditions as the Manager and the Fund Trust may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Each Fund will pay to the Manager as compensation for the Manager's ’s services rendered, for the facilities furnished furnished, and for the expenses borne by the Manager pursuant to Section 1this Agreement, a fee, computed and paid monthly monthly, at the annual rate of 0.650% specified in Schedule B hereto, of the average daily net asset value assets of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding)Fund. The average daily net asset value assets of the a Fund for any month shall be determined by taking an average of all of the determinations of such a Fund’s net asset value assets during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days as soon as practicable after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the respect to a Fund, subject to such terms and conditions as the Manager and the Fund Trust may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Each Fund will pay to the Manager as compensation for the Manager's ’s services rendered, for the facilities furnished furnished, and for the expenses borne by the Manager pursuant to Section 1this Agreement, a fee, computed and paid monthly monthly, at the annual rate of 0.650% specified on Schedule B hereto, of the average daily net asset value assets of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding)Fund. The average daily net asset value assets of the a Fund for any month shall be determined by taking an average of all of the determinations of such a Fund’s net asset value assets during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days as soon as practicable after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the respect to a Fund, subject to such terms and conditions as the Manager and the Fund Trust may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Fund will pay to the Manager as compensation for the Manager's services rendered, for the facilities furnished and for the expenses borne by the Manager pursuant to Section 1, a fee, computed and paid monthly at the annual rate of 0.6500.750% of the average daily net asset value of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding). The average daily net asset value of the Fund shall be determined by taking an average of all of the determinations of such net asset value during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the Fund, subject to such terms and conditions as the Manager and the Fund may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Fund will pay to the Manager as compensation for the Manager's services rendered, for the facilities furnished and for the expenses borne by the Manager pursuant to Section 1, a fee, computed and paid monthly at the annual rate of 0.6500.70% of the average daily net asset value of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding). The average daily net asset value of the Fund shall be determined by taking an average of all of the determinations of such net asset value during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the Fund, subject to such terms and conditions as the Manager and the Fund may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Each Fund will pay to the Manager as compensation for the Manager's services rendered, for the facilities furnished furnished, and for the expenses borne by the Manager pursuant to Section 1this Agreement, a fee, computed and paid monthly monthly, at the annual rate of 0.650% specified in Schedule B hereto, of the average daily net asset value assets of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding)Fund. The average daily net asset value assets of the a Fund for any month shall be determined by taking an average of all of the determinations of such a Fund's net asset value assets during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days as soon as practicable after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the respect to a Fund, subject to such terms and conditions as the Manager and the Fund Trust may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Fund will pay to the Manager as compensation for the Manager's services rendered, for the facilities furnished and for the expenses borne by the Manager pursuant to Section 1, a fee, computed and paid monthly at the annual rate of 0.6500.60% of the average daily net asset value of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding). The average daily net asset value of the Fund shall be determined by taking an average of all of the determinations of such net asset value during such month at the close of business on each business day during such month while this Agreement is in effect. Such fee shall be payable for each month within five (5) business days after the end of such month. In the event that the Manager has agreed to a fee waiver or an expense limitation or reimbursement arrangement with the Fund, subject to such terms and conditions as the Manager and the Fund may set forth in such agreement, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.

COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER. The Fund will pay to the Manager as compensation for the Manager's services rendered, for the facilities furnished and for the expenses borne by the Manager pursuant to Section 1, a fee, computed and paid monthly at the annual rate of 0.6500.55% of the Fund's average daily net asset value of the Fund (including daily net assets attributable to any preferred shares of the Fund that may be outstanding)value. The Such average daily net asset value of the Fund shall be determined by taking an average of all of the determinations of such net asset value during such month at the close of business on each business day during such month while this Agreement Contract is in effect. Such fee shall be payable for each month within five (5) business days after the end of such month. In the event that expenses of the Fund for any fiscal year should exceed the expense limitation on investment company expenses imposed by any statute or regulatory authority of any jurisdiction in which shares of the Fund are qualified for offer and sale, the compensation due the Manager has agreed to for such fiscal year shall be reduced by the amount of such excess by a fee waiver reduction or an refund thereof. In the event that the expenses of the Fund exceed any expense limitation or reimbursement arrangement which the Manager may, by written notice to the Trust, voluntarily declare to be effective with respect to the Fund, subject to such terms and conditions as the Manager and the Fund may set forth prescribe in such agreementnotice, the compensation due the Manager hereunder shall be reduced, and, if necessary, the Manager shall bear expenses with respect to the Fund, to the extent required by such fee waiver or expense limitation or reimbursement arrangement. If the Manager shall serve for less than the whole of a month, the foregoing compensation shall be prorated.