Common use of UNDERLYING FUNDS` PAYMENT OF EXPENSES Clause in Contracts

UNDERLYING FUNDS` PAYMENT OF EXPENSES. Subject to Paragraph 4, each of the Underlying Funds will bear such Expenses in proportion to the average daily value of its shares owned by the Retirement Funds, provided further that no Underlying Fund will bear such Expenses in excess of the estimated Savings to it ("Excess Expense").

UNDERLYING FUNDS` PAYMENT OF EXPENSES. Subject to Paragraph 4, each of the Underlying Funds will bear such Expenses in proportion to the average daily value of its shares owned by the Retirement Funds, provided further that no Underlying Fund will bear such Expenses in excess of the estimated Savings to it ("“Excess Expense"”).

UNDERLYING FUNDS` PAYMENT OF EXPENSES. Subject to Paragraph 43, each of the Underlying Funds will bear such Expenses in proportion to the average daily value of its shares owned by the Retirement Funds, provided further that no Underlying Fund will bear such Expenses in excess of the estimated Savings to it ("Excess ExpenseEXCESS EXPENSE").