Common use of SUB-ADVISORY FEES Clause in Contracts

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.55% of the first two hundred million dollars ($200 million) of the average daily net assets of the Portfolio, and 0.50% of the average daily net assets of the Portfolio in excess of two hundred million dollars ($200 million) (the “Sub-Advisory Fees”). The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding month. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s 's services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.550.320% of the first two four hundred million dollars ($200 400 million) of the average daily net assets of the Portfolio, 0.290% of the next two hundred million dollars ($200 million) and 0.500.255% of the average daily net assets of the Portfolio in excess of two six hundred million dollars ($200 600 million) (the “"Sub-Advisory Fees”"). The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding monthAdviser. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.550.35% of the first two five hundred million dollars ($200 500 million) of the average daily net assets of the Portfolio, and 0.500.25% of the average daily net assets of the Portfolio in excess of two five hundred million dollars ($200 500 million) (the “Sub-Advisory Fees”). The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding month. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s 's services to the Fund hereunder, the Sub-Adviser shall be entitled to a sub-advisory feesfee, payable monthlyquarterly, at the annual rate 0.55of 0.7% of the first two hundred five million dollars ($200 million5,000,000) of the average daily net assets of the Portfolio, Portfolio during the quarter preceding each payment and 0.500.5% of the average daily net assets of the Portfolio in excess of two hundred five million dollars ($200 million5,000,000) (the “"Sub-Advisory Fees”Fee"). The Sub-Advisory Fees Fee shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees Fee accruals shall be paid monthly quarterly to the Sub-Adviser on or before the fifth business day of the next succeeding monthquarter. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees Fee shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory FeesFee.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.550.28% of the first one hundred million dollars ($100 million) of the average daily net assets of the Portfolio, 0.24% of the next two hundred million dollars ($200 million) of the average daily net assets of the Portfolio, Portfolio and 0.500.22% of the average daily net assets of the Portfolio in excess of two three hundred million dollars ($200 300 million) (the “"Sub-Advisory Fees”"). The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding monthAdviser. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.550.35% of the first two five hundred million dollars ($200 500 million) of the average daily net assets of the Portfolio, and 0.500.25% of the average daily net assets of the Portfolio in excess of two five hundred million dollars ($200 500 million) (the “Sub-Advisory Fees”). The Sub-Sub- Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding month. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.550.30% of the first two one hundred million dollars ($200 100 million) of the average daily net assets of the Portfolio, Portfolio and 0.500.27% of the average daily net assets of the Portfolio in excess of two one hundred million dollars ($200 100 million) (the “"Sub-Advisory Fees”"). The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding monthAdviser. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

SUB-ADVISORY FEES. In consideration of the Sub-Adviser’s services to the Fund hereunder, the Sub-Adviser shall be entitled to sub-advisory fees, payable monthly, at the annual rate 0.550.20% of the first two five hundred million dollars ($200 500 million) of the average daily net assets of the Portfolio, and 0.500.15% of the average daily net assets of the Portfolio in excess of two five hundred million dollars ($200 500 million) (the “Sub-Advisory Fees”). The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding month. The daily fee accruals will be computed on the basis of the valuations of the total net assets of the Portfolio as of the close of business each day. The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.