Common use of Your Compensation Clause in Contracts

Your Compensation. (a) Your concession, if any, on your sales of Accessor Funds shares will be as provided in the Prospectus or in the applicable schedule of concessions issued by us and in effect at the time of our sale to you. Upon written notice to you, we, or any Accessor Funds, may change or discontinue any schedule of concessions, or issue a new schedule. You may be deemed to be an underwriter in connection with sales by you of shares of the Accessor Funds where you receive all or substantially all of the sales charge as set forth in the Accessor Funds' Prospectus, and therefore you may be subject to applicable provisions of the Securities Act of 1933. Compensation paid pursuant to a Rule 12b-1 Plan for the sale of certain classes of Accessor Funds shares is described below and in the respective Accessor Funds' Prospectus.