Common use of Basis Points Clause in Contracts

Basis Points. First $75 million of Market Value 1.0 Basis Points........................On Next $75 million of Market Value 0.75 Basis Points.................In Excess of $150 million of Market Value TRANSACTION FEE DTC & Fed. Eligible Items................................$9.00/Transaction Non-DTC & Fed. Eligible Items...........................$22.00/Transaction Mortgage Backed Securities & Private Placements.........$20.00/Transaction Mortgage Backed Securities & Private Placement Payments ....$ 5.00/Payment Foreign Securities (depending on country)...........$15-200.00/Transaction* Options.................................................$20.00/Transaction Repurchase Agreements....................................$0.00/Transaction DISBURSEMENTS Wire Transfer Fee (In/Out)......................................$10.00 Each Disbursements by Check..........................................$10.00 Each

Basis Points. First $75 million of Market Value 1.0 Basis Points...............................................On Next $75 million of Market Value 0.75 Basis Points.................................In Excess of $150 million of Market Value TRANSACTION FEE DTC & Fed. Eligible Items.................................................................$9.00/Transaction Non-DTC & Fed. Eligible Items.......................................................$22.00/Transaction Mortgage Backed Securities & Private Placements...................$20.00/Transaction Mortgage Backed Securities & Private Placement Payments .........$ 5.00/Payment Foreign Securities (depending on country)...........$15-200.00/Transaction* Options...................................................................................................$20.00/Transaction Repurchase Agreements....................................$0.00.....................................$9.00/Transaction DISBURSEMENTS Wire Transfer Fee (In/Out)......................................$10.00 ..................................$15.00 Each Disbursements by Check..........................................$10.00 Each......................................$20.00 Each MONTHLY MINIMUM FEE

Basis Points. First $75 million of Market Value 1.0 Basis Points........................On Next $75 million of Market Value 0.75 Basis Points.................In Excess of $150 million of Market Value TRANSACTION FEE DTC & Fed. Eligible Items.................................................................$9.00/Transaction Non-DTC & Fed. Eligible Items.......................................................$22.00/Transaction Mortgage Backed Securities & Private Placements...................$20.00/Transaction Mortgage Backed Securities & Private Placement Payments .........$ 5.00/Payment Foreign Securities (depending on country).....................$15-200.00/Transaction** Options...................................................................................................$20.00/Transaction Repurchase Agreements.........................................................................$0.00/Transaction DISBURSEMENTS Wire Transfer Fee (In/Out)......................................$10.00 Each Disbursements by Check..........................................$10.00 Each

Basis Points. First $75 million of Market Value 1.0 Basis Points...................................................On Next $75 million of Market Value 0.75 Basis Points.....................................In Excess of $150 million of Market Value TRANSACTION FEE DTC & Fed. Eligible Items..............................................................$9.00/Transaction Non-DTC & Fed. Eligible Items.....................................................$22.00/Transaction Mortgage Backed Securities & Private Placements.................$20.00/Transaction Mortgage Backed Securities & Private Placement Payments ....$ 5.00Payments...................................$5.00/Payment Foreign Securities (depending on country).........................$15-200.00/Transaction* Options.................................................$20.00................................................$15.00/Transaction Repurchase Agreements....................................$0.00..................................$9.00/Transaction DISBURSEMENTS Wire Transfer MONTHLY MINIMUM FEE Minimum Fee (InPer Fund Account.................................$250.00/Out)......................................$10.00 Each Disbursements by Check..........................................$10.00 EachAccount THIS IS THE MINIMUM FEE TO BE ASSESSED IN THE EVENT THE SUM OF THE MARKET VALUE FEE AND TRANSACTION FEES IS LESS THAN $250. *Bank Of New York is our agent for clearing and pricing of global securities. The transaction and holding costs vary with each country. Other Fees may be assessed for special handling and other miscellaneous services.

Basis Points. First $75 million of Market Value 1.0 Basis Points........................................................On Next $75 million of Market Value 0.75 Basis Points........................................In Excess of $150 million of Market Value TRANSACTION FEE DTC & Fed. Eligible Items......................................................................$9.00/Transaction Non-DTC & Fed. Eligible Items.........................................................$22.00/Transaction Mortgage Backed Securities & Private Placements.........$20.00/Transaction Mortgage Backed Securities & Private Placement Payments ....$ .$ 5.00/Payment Foreign Securities (depending on country).........................$15-200.00/Transaction* Options.............................................................................................................$20.00/Transaction Repurchase Agreements....................................$0.00...........................................$9.00/Transaction DISBURSEMENTS Wire Transfer Fee (In/Out)......................................$10.00 ....................................$15.00 Each Disbursements by Check..........................................$10.00 Each......................................$20.00 Each MONTHLY MINIMUM FEE