Common use of Expenses and Reimbursement Clause in Contracts

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxx, including but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor ("Van Kampen Non-Participating Funds") and for other matters. Xxx xxxxegate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Group persons) anx xxxx xxxtion of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx xxxx xxsiness days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox xxxx Xxxal Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all xxxxx xxxxnses relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxxbxxxxxxx, including xncluding but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group A monthly fixed dollar amount based on a pre-determined allocation methodology will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) be applied to certain individuals and their supervisors who work on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor ("Van Kampen Non-Participating Funds") and for other mattersmethodology will be reviewed periodically. Xxx xxxxegate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Such Legal Services Expenses that can will be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Lexxx Xxxxxxes Group persons) anx and xxxx xxxtion xxxxxon of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx within xxxx xxsiness xxxxness days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox xxxx Xxxal connection with Xxxxx Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all xxxxx xxxxnses otxxx xxxxxxes relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxxbenxxxxx, including xxxluding but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor dxxxxxxxxxx ("Van Kampen Non-Participating Funds") and for other matters. Xxx xxxxegate Thx xxxxxxxxe of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax xxx as thx "Xxxx PercentageXxrcentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Legax Xxxxxxxx Group persons) anx xxxx xxxtion and thxx xxxxxxx of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx xxxx xxsiness within fxxx xxxxxxss days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox xxxx Xxxal Services connection wixx Xxxxx Xervices rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all xxxxx xxxxnses othex xxxxxxxx relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen Xxx Xxxxxx may be reimbursed are salary and salary related xxxxxxxxbenefits, including but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen Xxx Xxxxxx or its subsidiaries act as investment adviser and xxxxxxxutor distributor ("Van Kampen Xxx Xxxxxx Non-Participating Funds") and for other matters. Xxx xxxxegate The aggregate of time spent on matters for the Funds and Van Kampen Xxx Xxxxxx Non-Participating Funds is referred to herein ax xxx as the "Xxxx Fund Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen Xxx Xxxxxx (or the affiliate of Van Kampen Xxx Xxxxxx employing such Legal Xxxxices Services Group persons) anx xxxx xxxtion and that portion of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen Xxx Xxxxxx will tender to each Fund a monthly invoice withxx xxxx xxsiness within five business days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen Xxx Xxxxxx will receive no other compensation in connectiox xxxx Xxxal connection with Legal Services rendered in accordance with this Agreement, and Van Kampen Xxx Xxxxxx and its affiliates will be responsible for all xxxxx xxxxnses other expenses relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may Xxxxxx xxx be reimbursed are salary and salary related xxxxxxxxbenefits, including but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete , as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected well as a percentage) on matters relating overhead 1 and expenses related to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser office space and xxxxxxxutor ("Van Kampen Non-Participating Funds") and for other matters. Xxx xxxxegate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses")necessary equipment. The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Group persons) anx xxxx xxxtion of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be Xxxxxx xxx reimbursed by the Funds. Van Kampen will Xxxxxx xxxl tender to each Fund a monthly invoice withxx xxxx xxsiness days as of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fundexpended. Except as provided herein, Van Kampen will Xxxxxx xxxl receive no other compensation in connectiox xxxx Xxxal connection with Legal Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will Xxxxxx xxxl be responsible for all xxxxx xxxxnses other expenses relating to the providing of Legal Services. 4. Payment for Legal Services Expense Among the Funds. One half (50%) of the Legal Services Expenses incurred under the Agreement shall be attributable equally to each respective Fund and all other funds to whom Van Xxxxxx xxxvides Legal Services, including all other Funds for which Van Xxxxxx xxxves as investment adviser and distributor and the Govett Funds (the Non-Participating Funds"). Van Xxxxxx xxxll assume the costs of Legal Services for the Non-Participating Funds for which reimbursement is not received. The remaining one half (50%) of the Legal Services Expenses shall be in allocated (a) in the event services are attributable to specific funds (including the Non-Participating Funds) based on such specific time allocations; and (b) in the event services are attributable only to types of funds (i.e. closed-end and open-end funds), the relative amount of time spent on each type of fund and then further allocated between funds of that type on the basis of relative net assets at the end of the period.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxx, including but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group A monthly fixed dollar amount based on a pre-determined allocation methodology will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) be applied to certain individuals and their supervisors who work on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor ("Van Kampen Non-Participating Funds") and for other mattersmethodology will be reviewed periodically. Xxx xxxxegate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Such Legal Services Expenses that can will be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Lxxxx Xxxxxces Group persons) anx and xxxx xxxtion xxxxion of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx withix xxxx xxsiness xxxiness days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox xxxx Xxxal connection with Xxxxl Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all xxxxx xxxxnses oxxxx xxxxxses relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxxrelatxx xxxxxxxs, including but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor xxxxxibutor ("Van Kampen Non-Participating Funds") and for other mattersmattexx. Xxx xxxxegate xxgregate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax xx xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Xxrvices Group persons) anx xxx xxxx xxxtion xortion of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx wixxxx xxxx xxsiness business days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox connectxxx xxxx Xxxal Xegal Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all alx xxxxx xxxxnses xxpenses relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxxbxxxxxxx, including xncluding but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor xxxxxxxxxor ("Van Kampen Non-Participating Funds") and for other matters. Xxx xxxxegate xxxxxxate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax as xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Lexxx Xxxxxxes Group persons) anx and xxxx xxxtion xxxxxon of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx within xxxx xxsiness xxxxness days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox connection xxxx Xxxal Xxxxx Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all xxxxx xxxxnses otxxx xxxxxxes relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen may be reimbursed are salary and salary related xxxxxxxxbxxxxxxx, including xncluding but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen or its subsidiaries act as investment adviser and xxxxxxxutor xxxxxxxxxor ("Van Kampen Non-Participating Funds") and for other matters. Xxx xxxxegate xxxxxxate of time spent on matters for the Funds and Van Kampen Non-Participating Funds is referred to herein ax as xxx "Xxxx Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen (or the affiliate of Van Kampen employing such Legal Xxxxices Xxxxxxes Group persons) anx and xxxx xxxtion xxxxxon of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen will tender to each Fund a monthly invoice withxx within xxxx xxsiness xxxxness days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen will receive no other compensation in connectiox connection xxxx Xxxal Xxxxx Services rendered in accordance with this Agreement, and Van Kampen and its affiliates will be responsible for all xxxxx xxxxnses otxxx xxxxxxes relating to the providing of Legal Services.

Expenses and Reimbursement. The Legal Services expenses (the "Legal Services Expenses") for which Van Kampen Vxx Xxxxxx may be reimbursed are salary and salary related xxxxxxxxbenefits, including but not limited to bonuses, group insurance and other regular wages paid to the personnel of the Legal Services Group. Each member of the Legal Services Group will complete as of the last business day of each month, a time allocation sheet indicating the monthly time spent (reflected as a percentage) on matters relating to the Funds, on matters relating to other funds for which Van Kampen Vxx Xxxxxx or its subsidiaries act as investment adviser and xxxxxxxutor distributor ("Van Kampen Vxx Xxxxxx Non-Participating Funds") and for other matters. Xxx xxxxegate The aggregate of time spent on matters for the Funds and Van Kampen Vxx Xxxxxx Non-Participating Funds is referred to herein ax xxx as the "Xxxx Fund Percentage". Each member's Fund Percentage shall be multiplied by each member's individual Legal Service Expense; the resulting product for each member shall then be aggregated to arrive at the Legal Services Expenses that can be allocated as set forth in Paragraph 4 ("Allocable Legal Services Expenses"). The Legal Services Expenses will be paid by Van Kampen Vxx Xxxxxx (or the affiliate of Van Kampen Vxx Xxxxxx employing such Legal Xxxxices Services Group persons) anx xxxx xxxtion and that portion of such Legal Services Expenses allocated to the Funds as set forth in Paragraph 4 shall be reimbursed by the Funds. Van Kampen Vxx Xxxxxx will tender to each Fund a monthly invoice withxx xxxx xxsiness within five business days of the last business day of each month which shall certify the total Legal Service Expenses expended and allocated to such Fund. Except as provided herein, Van Kampen Vxx Xxxxxx will receive no other compensation in connectiox xxxx Xxxal connection with Legal Services rendered in accordance with this Agreement, and Van Kampen Vxx Xxxxxx and its affiliates will be responsible for all xxxxx xxxxnses other expenses relating to the providing of Legal Services.