Compensation to CASC. The Fund will compensate CASC on a monthly basis for the services performed under this Agreement. The rate of compensation, based on average net assets, is shown in Schedule A. CASC will not be responsible for any costs or expenses of the Fund other than those specifically assumed in Paragraph 1. Expenses incurred by CASC and not included in the service fee will be reimbursed to CASC by the Fund, as appropriate. Such expenses may include expenses incidental to meetings of shareholders, taxes and corporate fees levied against the Fund or its Series, expenses of printing stock certificates representing shares of the Series, expenses of printing, mailing notices, proxy material, reports to regulatory bodies and reports to shareholders of the Fund, expenses of typesetting prospectuses and printing and mailing prospectuses to shareholders, and data processing expenses incidental to maintenance of books and records. Such charges are payable in full upon receipt of a billing invoice. In lieu of reimbursing CASC for expenses incurred and not included in the service fee, the Fund may, in its discretion, directly pay any expenses.
Compensation to CASC. THE FUND WILL COMPENSATE CASC ON A MONTHLY BASIS FOR THE SERVICES PERFORMED UNDER THIS AGREEMENT. THE RATE OF COMPENSATION, BASED ON AVERAGE NET ASSETS, IS SHOWN IN SCHEDULE A. CASC WILL NOT BE RESPONSIBLE FOR ANY COSTS OR EXPENSES OF THE FUND OTHER THAN THOSE SPECIFICALLY ASSUMED IN PARAGRAPH 1. EXPENSES INCURRED BY CASC AND NOT INCLUDED IN THE SERVICE FEE WILL BE REIMBURSED TO CASC BY THE FUND, AS APPROPRIATE. SUCH EXPENSES MAY INCLUDE EXPENSES INCIDENTAL TO MEETINGS OF SHAREHOLDERS, TAXES AND CORPORATE FEES LEVIED AGAINST THE FUND OR ITS SERIES, EXPENSES OF PRINTING STOCK CERTIFICATES REPRESENTING SHARES OF THE SERIES, EXPENSES OF PRINTING, MAILING NOTICES, PROXY MATERIAL, REPORTS TO REGULATORY BODIES AND REPORTS TO SHAREHOLDERS OF THE FUND, EXPENSES OF TYPESETTING PROSPECTUSES AND PRINTING AND MAILING PROSPECTUSES TO SHAREHOLDERS, AND DATA PROCESSING EXPENSES INCIDENTAL TO MAINTENANCE OF BOOKS AND RECORDS. SUCH CHARGES ARE PAYABLE IN FULL UPON RECEIPT OF A BILLING INVOICE. IN LIEU OF REIMBURSING CASC FOR EXPENSES INCURRED AND NOT INCLUDED IN THE SERVICE FEE, THE FUND MAY, IN ITS DISCRETION, DIRECTLY PAY ANY EXPENSES.
Compensation to CASC. CASC will be compensated by the Portfolios on a monthly basis for the services performed under this Agreement, the rate of compensation being set forth in Schedule A. CASC will not be responsible for any costs or expenses of the Portfolios other than those specifically assumed in Paragraph 1. Expenses incurred by CASC will be reimbursed to CASC by the Portfolio, as appropriate; such expenses may include expenses incidental to meetings of shareholders, taxes and corporate fees levied against the Fund or its Portfolios, expenses of printing stock certificates representing shares of the Portfolios, expenses of printing, mailing notices, proxy material, reports to regulatory bodies and reports to shareholders of the Portfolio, expenses of typesetting prospectuses and printing and mailing prospectuses to shareholders, and data processing expenses incidental to maintenance of books and records. Such charges will be payable in full upon receipt of a billing invoice; in lieu of reimbursing CASC for expenses incurred the Portfolio may, in its discretion, directly pay any expenses.
Compensation to CASC. CASC shall be compensated by the Trust on a monthly basis for the services performed hereunder, the rate of compensation being set forth in Schedule A hereto. CASC shall have no responsibility hereunder to bear at its own expense any costs or expenses of the Trust other than those specifically assumed in Paragraph 1 hereof. Expenses incurred by CASC and not included within Schedule A hereto shall be reimbursed to CASC by the Trust, as appropriate; such expenses may include expenses incidental to meetings of the Trust's shareholders, taxes and corporate fees levied against the Trust, expenses of printing stock certificates representing shares of the Trust, expenses of printing, mailing notices, proxy material, reports to regulatory bodies and reports to shareholders of the Trust, expenses of typesetting prospectuses and printing and mailing prospectuses to shareholders of the Trust, and data processing expenses incidental to maintenance of the Trust's books and records. Such charges shall be payable by the Trust in full upon receipt of billing invoice; in lieu of reimbursing CASC for expenses incurred and not included within Schedule A hereto, the Trust may, in its discretion, directly pay such expenses.
