Common use of MONEY MARKET PROFUND Clause in Contracts

MONEY MARKET PROFUND. The Money Market ProFund currently invests all of its investable assets in another mutual fund with a substantially similar investment objective (the "Portfolio"). For so long as the Money Market ProFund invests all of its investable assets in the Portfolio, or any successor mutual fund, the Advisor shall not be entitled to any fee pursuant to Section 4(b) with respect to the Money Market ProFund. Should the Trust's Board of Trustees determine that it is in the best interests of the Money Market ProFund and its shareholders to withdraw the Money Market ProFund's investment in the Portfolio (or successor), the Advisor will directly manage, or supervise the direct management of, the assets of the Money Market ProFund in accordance with the terms of this Agreement. The Advisor may employ one or more investment sub-advisers from time to time to perform some of the duties and services of the Advisor, including the selection of brokers for the execution of portfolio transactions, for the Money Market Portfolio, upon such terms and conditions as may be agreed upon between the Advisor and such investment sub-adviser(s) and approved by the Trust's Board of Trustees.

MONEY MARKET PROFUND. The Money Market ProFund currently invests all of its investable assets in another mutual fund with a substantially similar investment objective (the "“Portfolio"”). For so long as the Money Market ProFund invests all of its investable assets in the Portfolio, or any successor mutual fund, the Advisor shall not be entitled to any fee pursuant to Section 4(b) with respect to the Money Market ProFund. Should the Trust's ’s Board of Trustees determine that it is in the best interests of the Money Market ProFund and its shareholders to withdraw the Money Market ProFund's ’s investment in the Portfolio (or successor), the Advisor will directly manage, or supervise the direct management of, the assets of the Money Market ProFund in accordance with the terms of this Agreement. The Advisor may employ one or more investment sub-advisers from time to time to perform some of the duties and services of the Advisor, including the selection of brokers for the execution of portfolio transactions, for the Money Market Portfolio, upon such terms and conditions as may be agreed upon between the Advisor and such investment sub-adviser(s) and approved by the Trust's ’s Board of Trustees.