SUBADVISORY FEE. For the services to be provided by the Subadviser as provided in Paragraph 2 hereof, the Adviser shall pay to the Subadviser an annual fee as set forth on Schedule A to this Agreement. In the case of commencement or termination of this Agreement with respect to the Fund during any calendar month, the fee with respect to the Fund for that month shall be reduced proportionately based upon the number of calendar days during which it is in effect, and the fee shall be computed based on the average daily net assets of the Fund Account for the days during which it is in effect.
SUBADVISORY FEE. For the services to be provided by the Subadvisor as provided in Paragraph 2 hereof, the Adviser shall pay to the Subadvisor an annual fee as set forth on Schedule A to this Agreement. In the case of commencement or termination of this Agreement with respect to any Fund during any calendar month, the fee with respect to such Fund for that month shall be reduced proportionately based upon the number of calendar days during which it is in effect, and the fee shall be computed during the average daily net assets of such Fund for the days during which it is in effect. The Advisor will provide documentation to the Subadvisor to substantiate the average daily net assets of the fund.
SUBADVISORY FEE. For services provided to the Trust, the Adviser will pay to the Subadviser a fee, payable monthly in arrears, equal to 50% of the net advisory fee applicable to the Designated Series, calculated as follows:
SUBADVISORY FEE. The payment of advisory fees and the allocation of charges and expenses between the Fund and the Manager with respect to the Portfolio are set forth in the State Street Research Large Cap Value Portfolio Advisory Agreement. Nothing in this State Street Research Large Cap Value Portfolio Subadvisory Agreement shall change or affect that arrangement. The payment of advisory fees and the apportionment of any expenses related to the services of the Subadviser under this Agreement shall be the sole concern of the Manager and the Subadviser and shall not be the responsibility of the Fund. In consideration of services rendered pursuant to this Agreement, the Manager will pay the Subadviser on the first business day of each month the fee at the annual rate specified by the schedule of fees in the Appendix to this Agreement. The fee for any period from the date the Portfolio commences operations to the end of the month will be prorated according to the proportion which the period bears to the full month, and, upon any termination of this Agreement before the end of any month, the fee for the part of the month during which the Subadviser acted under this Agreement will be prorated according to the proportion which the period bears to the full month and will be payable upon the date of termination of this Agreement. For the purpose of determining the fees payable to the Subadviser, the value of the Portfolio's net assets will be computed in the manner specified in the Fund's Prospectus. The Subadviser will bear all of its own expenses (such as research costs) in connection with the performance of its duties under this Agreement except for those which the Manager agrees to pay. The Subadviser agrees to notify promptly, upon written request, the Manager if, for any other registered investment company having a substantially similar investment program, it agrees to (1) provide more services or bear more expenses for a comparable or lower fee; and (2) provide comparable services and bear comparable expenses for a lower fee.
SUBADVISORY FEE. For services provided to the Fund, the Advisor will pay to the Subadvisor, on or before the 10th day of each month, a fee, payable in arrears, at the annual rate stated below. The fees shall be prorated for any month during which this Agreement is in effect for only a portion of the month. In computing the fee to be paid to the Subadvisor, the net asset value of the Fund and each Series shall be valued as set forth in the then current registration statement of the Fund. Name of Series: Annual Subadvisory Fee Rate Phoenix Capital Growth Series 0.35% on the first $250 million of series assets 0.325% on series assets over $250 million SCHEDULE D
SUBADVISORY FEE. For services provided to the Fund, the Advisor will pay to the Subadvisor, on or before the 10th day of each month, a fee, payable in arrears, at the annual rate stated below. The fees shall be prorated for any month during which this Agreement is in effect for only a portion of the month. In computing the fee to be paid to the Subadvisor, the net asset value of the Fund and each Series shall be valued as set forth in the then current registration statement of the Fund. Name of Series: Annual Subadvisory Fee Rate Phoenix Mid-Cap Value Series 0.65% on the first $50 million; 0.60% on the next $50 million; 0.55% on the next $50 million; 0.50% on assets thereafter. SCHEDULE D
SUBADVISORY FEE. For services provided to the Fund pursuant to paragraph 3 hereof, the Advisor will pay to the Subadviser a fee, payable in arrears, at the following annual rates:
SUBADVISORY FEE. The Adviser shall not pay any fee to the Subadviser in exchange for the services to be provided by the Subadviser under this Agreement. The Subadviser acknowledges and agrees that the Fund is an integral part of separately managed account programs, and that the Subadviser will be compensated directly or indirectly by separately managed account sponsors or program participants for services rendered hereunder. The Subadviser acknowledges and agrees that such compensation is sufficient consideration hereunder.
SUBADVISORY FEE. In consideration of the services referred to in this Agreement, the Company will pay the Subadviser a fee of $5,000.00 per month during the term of this Agreement, payable in advance, within the first fifteen (15) calendar days of each month and which fee shall be prorated for any partial monthly period during which services are provided by the Subadviser in accordance with this Agreement. In the event of the termination of this Agreement as of a date other than the last day of a month for which payment was made in advance, the Subadviser shall refund to the Company the unearned portion of such prepaid fee.
SUBADVISORY FEE. For services provided to the Fund, the Advisor will pay to the Subadvisor, on or before the 10th day of each month, a fee, payable in arrears, at the annual rate stated below. The fees shall be prorated for any month during which this Agreement is in effect for only a portion of the month. In computing the fee to be paid to the Subadvisor, the net asset value of the Fund and each Series shall be valued as set forth in the then current registration statement of the Fund. Name of Series: Annual Subadvisory Fee Rate Phoenix Mid-Cap Growth Series 0.425% on the first $500 million of average net assets 0.40% on average net assets in excess of $500 million SCHEDULE D
