Common use of Website Hosting and Notice Fee Clause in Contracts

Website Hosting and Notice Fee. (Expense Allocation). The Fund and/or the Underwriter shall bear their reasonable proportional cost of (i) posting and maintaining the Fund Documents on the website hosted by the Company and (ii) preparing and mailing notices as required by paragraph (c) of Rule 30e-3 of the availability of certain Fund Documents to Contract Owners. The Fund’s reasonable proportional cost is equal to the quotient of (a) divided by (b) multiplied by (c) where (a) is the total hosting and mailing expenses incurred by Company for all funds offered in its Accounts, (b) is the total number of funds available across the Company’s Accounts and (c) is the number of funds available a xxxx the Company’s Accounts that are part of the Fund’s family. Upon receipt of an mvo1ce from the Company, the Fund and/or the Underwriter shall pay the Website Hosting and Notice Fee to the Company within 15 business days after receipt of such invoice. From time to time, the Parties shall review the Website Hosting and Notice Fee to determine whether it reasonably approximates the Company’ s incurred and anticipated costs of posting and maintaining the Fund’s Required Materials on the website hosted by the Company and preparing and mailing notices of the availability of the Fund’ s Reports to Contract Owners. The Parties agree to negotiate in good faith any change to the Website Hosting and Notice Fee proposed by a Party in good faith.

Website Hosting and Notice Fee. (Expense Allocation). The Fund and/or the Underwriter shall bear their reasonable proportional cost of (i) posting and maintaining the Fund Documents on the website hosted by the Company and (ii) preparing and mailing notices as required by paragraph (c) of Rule 30e-3 of the availability of certain Fund Documents to Contract Owners. The Fund’s reasonable proportional cost is equal to the quotient of (a) divided by (b) multiplied by (c) where (a) is the total hosting and mailing expenses incurred by Company for all funds offered in its Accounts, (b) is the total number of funds available across the Company’s Accounts and (c) is the number of funds available a xxxx the Company’s Accounts that are part of the Fund’s family. Upon receipt of an mvo1ce from the Company, the Fund and/or the Underwriter shall pay the Website Hosting and Notice Fee to the Company within 15 business days after receipt of such invoice. From time to time, the Parties shall review the Website Hosting and Notice Fee to determine whether it reasonably approximates the Company’ s ’s incurred and anticipated costs of posting and maintaining the Fund’s Required Materials on the website hosted by the Company and preparing and mailing notices of the availability of the Fund’ s ’s Reports to Contract Owners. The Parties agree to negotiate in good faith any change to the Website Hosting and Notice Fee proposed by a Party in good faith.