Common use of Fee Clause in Contracts

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 500 million of 1.000.70% Next $3.5 billion 0.900 500 million of 1.000.65% Next $2.5 billion 0.875 Thereafter of 1.00% Over $10.0 billion 0.850 of 1.000.60%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------- First $4.0 billion 0.950 500 0.75 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.70 of 1.00% Over $10.0 1 billion 0.850 0.65 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.500 of 1.00% Over $10.0 billion 0.850 500 0.450 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 750 million of 1.000.75% Next $3.5 billion 0.900 750 million of 1.00% Next $2.5 billion 0.875 of 1.000.70% Over $10.0 1.5 billion 0.850 of 1.000.65%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .60% of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 billion 0.850 500 million .50% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .75% of 1.001% Next $3.5 billion 0.900 500 million .70% of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 1 billion 0.850 .65% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .70 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 billion 0.850 500 million .65 of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: AVERAGE DAILY FEE AS A PERCENT PER ANNUM NET ASSETS OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------------------- First $4.0 billion 0.950 of 1.00500 million 0.450% Next $3.5 billion 0.900 of 1.00250 million 0.375% Next $2.5 250 million 0.325% Next $500 million 0.300% Next $500 million 0.275% Next $500 million 0.250% Next $500 million 0.225% Next $ 12 billion 0.875 of 1.000.200% Over $10.0 $ 15 billion 0.850 of 1.000.199%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .70% of 1.001% Next $3.5 billion 0.900 500 million .65% of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 1 billion 0.850 .60% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 500 millions 0.800 of 1.00% Next $3.5 billion 0.900 500 millions 0.750 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.700 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .65 of 1.001% Next $3.5 billion 0.900 500 million .60 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 1 billion 0.850 .55 of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 Up to one billion 0.950 of 1.00dollars 0.30% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 of 1.00Thereafter 0.25%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: AVERAGE DAILY FEE AS A PERCENT PER ANNUM NET ASSETS OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------------------- First $4.0 1 billion 0.950 of 1.000.470% Next $3.5 billion 0.900 of 1.00500 million 0.445% Next $500 million 0.420% Next $500 million 0.395% Next $2.5 billion 0.875 of 1.000.370% Next $2.5 billion 0.345% Next $2.5 billion 0.320% Next $2.5 billion 0.295% Over $10.0 12.5 billion 0.850 of 1.000.270%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------- First $4.0 billion 0.950 500 million 0.750 of 1.00% Next $3.5 billion 0.900 500 million 0.700 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.650 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- 0 First $4.0 billion 0.950 of 1.00500 0.550% Next $3.5 billion 0.900 of 1.00500 0.525% Next $2.5 billion 0.875 of 1.002,000 0.500% Over Next $10.0 billion 0.850 of 1.002,000 0.475% Next $2,000 0.450% Next $2,000 0.425% Thereafter 0.400%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 100 million .50% of 1.001% Next $3.5 billion 0.900 150 million .45% of 1.001% Next $2.5 billion 0.875 250 million .425% of 1.001% Over $10.0 billion 0.850 500 million .40% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00500 0.525% Next $3.5 billion 0.900 of 1.00500 0.500% Next $2.5 billion 0.875 of 1.002,000 0.475% Over $10.0 billion 0.850 of 1.001,500 0.450%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- % PER ANNUM ------------------ --------------- First $4.0 billion 0.950 of 1.00500 million 0.525% Next $3.5 billion 0.900 of 1.00500 million 0.50% Next $2.5 billion 0.875 of 1.00500 million 0.475% Over $10.0 1.5 billion 0.850 of 1.000.45%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.50 of 1.00% Over $10.0 billion 0.850 500 0.45 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ -------------- First $4.0 billion 0.950 500 million 0.90 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 million 0.85 of 1.00% Over $10.0 1 billion 0.850 0.80 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .75 of 1.001% Next $3.5 billion 0.900 500 million .70 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 1 billion 0.850 .65 of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million 0.50% of 1.001% Next $3.5 billion 0.900 500 million 0.475% of 1.001% Next $2.5 billion 0.875 500 million 0.425% of 1.001% Over $10.0 1.5 billion 0.850 0.375% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.75 of 1.00% Over $10.0 billion 0.850 500 0.65 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 500 million 0.750 of 1.00% Next $3.5 billion 0.900 500 million 0.700 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.650 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .50% of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 billion 0.850 500 million .45% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------- First $4.0 billion 0.950 500 million 0.75% of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 billion 0.850 500 million 0.65% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 % PER ANNUM ------------- ------------ Up to one billion 0.950 of 1.00dollars 0.30% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 of 1.00Thereafter 0.25%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- % PER ANNUM ------------------ --------------- First $4.0 billion 0.950 of 1.00500 million 0.50% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 500 million 0.45% of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .50% of 1.001% Next $3.5 billion 0.900 500 million .475% of 1.001% Next $2.5 billion 0.875 500 million .425% of 1.001% Over $10.0 1.5 billion 0.850 .375% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 500 million 0.90 of 1.00% Next $3.5 billion 0.900 500 million 0.85 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.80 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 1 billion 0.950 of 1.000.75% Next $3.5 billion 0.900 Thereafter of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 of 1.000.70%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: AVERAGE DAILY FEE AS A PERCENT PER ANNUM NET ASSETS OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------------------- First $4.0 billion 0.950 of 1.00500 million 0.670% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00500 million 0.645% Over $10.0 billion 0.850 of 1.001 million 0.620%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 500 millions 0.750 of 1.00% Next $3.5 billion 0.900 500 millions 0.700 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.650 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------- ---------------- First $4.0 billion 0.950 500 million of 1.000.625% Next $3.5 billion 0.900 500 million of 1.000.600% Next $2.5 1 billion 0.875 of 1.000.575% Next $1 billion of 0.550% Over $10.0 3 billion 0.850 of 1.000.500%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser Asset Management at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: AVERAGE DAILY FEE AS A PERCENT PER ANNUM NET ASSETS OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------------------- First $4.0 billion 0.950 of 1.00500 million 0.900% Next $3.5 1.0 billion 0.900 of 1.000.850% Next $2.5 1.0 billion 0.875 of 1.000.825% Next $500 million 0.800% Over $10.0 3.0 billion 0.850 of 1.000.775%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 500 million 0.900 of 1.00% Next $2.5 billion 0.875 500 million 0.850 of 1.00% Over $10.0 billion 0.850 Thereafter 0.800 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- % PER ANNUM ------------------ --------------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 million 0.600 of 1.00% Over $10.0 billion 0.850 500 million 0.500 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------- First $4.0 billion 0.950 500 0.70 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.65 of 1.00% Over $10.0 1 billion 0.850 0.60 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- -------------------- ------------- First $4.0 billion 0.950 500 0.60 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 500 0.50 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- -------------------- ------------- First $4.0 billion 0.950 500 0.500 of 1.00% Next $3.5 billion 0.900 500 0.475 of 1.00% Next $2.5 billion 0.875 500 0.425 of 1.00% Over $10.0 1 billion 0.850 0.375 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .55% of 1.001% Next $3.5 billion 0.900 500 million .525% of 1.001% Next $2.5 2 billion 0.875 .50% of 1.001% Next $2 billion .475% of 1% Next $2 billion .45% of 1% Next $2 billion .425% of 1% Over $10.0 9 billion 0.850 .40% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .525% of 1.001% Next $3.5 billion 0.900 500 million .50% of 1.001% Next $2.5 billion 0.875 500 million .475% of 1.001% Over $10.0 1.5 billion 0.850 .45% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: AVERAGE DAILY FEE AS A PERCENT PER ANNUM NET ASSETS OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------------------- First $4.0 billion 0.950 of 1.00500 million 0.670% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00500 million 0.645% Over $10.0 1 billion 0.850 of 1.000.620%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: AVERAGE DAILY FEE AS A PERCENT PER ANNUM NET ASSETS (millions) OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------------------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00500 0.47% Over $10.0 billion 0.850 of 1.00500 0.445%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- % PER ANNUM ------------------ --------------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 million 0.500 of 1.00% Over $10.0 billion 0.850 500 million 0.450 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------- First $4.0 billion 0.950 500 millions 0.550 of 1.00% Next $3.5 billion 0.900 500 millions 0.500 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.450 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million 0.40 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 million 0.35 of 1.00% Over $10.0 1 billion 0.850 0.30 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ ---------------- First $4.0 billion 0.950 500 million of 1.000.625% Next $3.5 billion 0.900 500 million of 1.000.600% Next $2.5 500 million of 0.575% Next $1.5 billion 0.875 of 1.000.550% Over $10.0 3 billion 0.850 of 1.000.525%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00100 0.500% Next $3.5 billion 0.900 of 1.00150 0.450% Next $2.5 billion 0.875 of 1.00250 0.425% Over $10.0 billion 0.850 of 1.00500 0.400%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE AVERGAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- % PER ANNUM ------------------ --------------- First $4.0 billion 0.950 of 1.00500 million 0.50% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 500 million 0.45% of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT AVERAGE DAILY % PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------- First $4.0 billion 0.950 of 1.00100 million 0.500% Next $3.5 billion 0.900 of 1.00150 million 0.450% Next $2.5 billion 0.875 of 1.00250 million 0.425% Over $10.0 billion 0.850 of 1.00500 million 0.400%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------- [S] [C] First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.500 of 1.00% Over $10.0 billion 0.850 500 0.450 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million .75% of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 billion 0.850 500 million .65% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ --------------- First $4.0 billion 0.950 500 million 0.75% of 1.001% Next $3.5 billion 0.900 500 million 0.70% of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 1.0 billion 0.850 0.65% of 1.001%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------------ ---------------- First $4.0 billion 0.950 750 million of 1.000.75% Next $3.5 billion 0.900 750 million of 1.00% Next $2.5 billion 0.875 of 1.000.70% Over $10.0 1.5 billion 0.850 of 1.000.65%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONSmillions) NET ASSETS --------------------- ---------- % PER ANNUM ------------- ----------- First $4.0 billion 0.950 of 1.00500 0.550% Next $3.5 billion 0.900 of 1.00500 0.525% Next $2.5 billion 0.875 of 1.002000 0.500% Next $2000 0.475% Next $2000 0.450% Next $2000 0.425% Over $10.0 billion 0.850 of 1.00%2000 0.400% Thereafter

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million 0.750 of 1.00% Next $3.5 billion 0.900 500 million 0.700 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 Thereafter 0.650 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 of 1.000.65% Next $3.5 1.5 billion 0.900 of 1.000.60% Next Over $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 of 1.000.55%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 1 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.000.375% Over $10.0 1 billion 0.850 of 1.00O.300%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER AVERAGE DAILY ANNUM OF AVERAGE DAILY AVERAGE NET ASSETS DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ---------------- First $4.0 billion 0.950 750 million of 1.000.90% Next $3.5 billion 0.900 750 million of 1.00% Next $2.5 billion 0.875 of 1.000.85% Over $10.0 1.5 billion 0.850 of 1.000.80%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million 0.750 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 million 0.700 of 1.00% Over $10.0 1 billion 0.850 0.650 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- % PER ANNUM ------------------ --------------- First $4.0 billion 0.950 of 1.00500 million 0.60% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 of 1.00% Over $10.0 billion 0.850 500 million 0.50% of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- ------------- First $4.0 billion 0.950 500 0.65 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.60 of 1.00% Over $10.0 1 billion 0.850 0.55 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as a percentage per annum) applied to the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 of 1.00% Next $3.5 billion 0.900 of 1.00% Next $2.5 billion 0.875 500 0.600 of 1.00% Over $10.0 billion 0.850 500 0.500 of 1.00%

Fee. For the services and facilities described in Section 1, the Fund will accrue daily and pay to the Adviser at the end of each calendar month an investment management fee computed based on a fee rate (expressed as equal to a percentage per annum) applied to of the average daily net assets of the Fund as follows: FEE PERCENT PER ANNUM OF AVERAGE DAILY AVERAGE DAILY NET ASSETS (MILLIONS) NET ASSETS --------------------- ---------- First $4.0 billion 0.950 500 million 1.00 of 1.001% Next $3.5 billion 0.900 500 million .95 of 1.00% Next $2.5 billion 0.875 of 1.001% Over $10.0 1 billion 0.850 .90 of 1.001%