Common use of EXPENSE PROVISION Clause in Contracts

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 27 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 27 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 24 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 22 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 38 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 23 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 39 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 23 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 37 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 37 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 24 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund’s securities lending program, if applicable) will not exceed 42 38 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2.

EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Service Class 2Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Service Class 2Class, such that the ordinary operating expenses incurred by the Service Class 2 in any fiscal year (excluding interest, taxes, fees and expenses of the Independent Trustees of the Trust, proxy and shareholder meeting expenses, and extraordinary expenses, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fundFund’s securities lending program, if applicable) will not exceed 42 22 basis points on an annual basis. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than the Service Class 2Class.