Common use of Year-End Adjustment Clause in Contracts

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC to the Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Investment Manager to a class of the Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services administration fees waived or reduced by the Manager or the Administrator and other payments remitted by AIGGIC the Manager to the Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Advisor to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services administration fees waived or reduced by the Manager or the Administrator and other payments remitted by AIGGIC the Manager to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management advisory services fees and or administrative services fees waived or reduced and other payments remitted by AIGGIC ETAM to the each Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Manager to the Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the ------------------- first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Manager to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day Business Day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC CAMCO to the Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the ------------------- first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Manager to the Fund Portfolio or Portfolios with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Investment Manager to the Fund each class of each Trust with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal yearApplicable Year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Investment Adviser to each share class of the Fund with respect to the previous fiscal year Applicable Year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Manager, or AXA Equitable in the case of the Money Market Fund, to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services fees waived or reduced and other payments remitted by AIGGIC the Investment Manager to the Fund or with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last business day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment management fees and administrative services administration fees waived or reduced by the Manager or AXA Equitable and other payments remitted by AIGGIC the Manager to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.