billion Clause Samples

billion. Utilities Portfolio 05/31/97, as amended on 0.65% of the portion of the daily net assets not 05/01/98, 05/01/99, exceeding $500 million; 0.55% of the portion of 05/01/00 the daily net assets exceeding $500 million but not exceeding $1 billion; and 0.525% of the portion of the daily net assets exceeding $1 billion. ----------------------------------------------------------------------------------------------------------------------- MONEY MARKET FUNDS ----------------------------------------------------------------------------------------------------------------------- Active Assets California Tax-Free 05/31/97, as amended on 0.50% of the portion of the daily net assets not Trust 04/30/98 exceeding $500 million; 0.425% of the portion of the daily net assets exceeding $500 million but not exceeding $750 million; 0.375% of the portion of the daily net assets exceeding $750 million but not exceeding $1 billion; 0.35% of the portion of the daily net assets exceeding $1 billion but not exceeding $1.5 billion; 0.325% of the portion of the daily net assets exceeding $1.5 billion but not exceeding $2 billion; 0.30% of the portion of the daily net assets exceeding $2 billion but not exceeding $2.5 billion; 0.275% of the portion of the daily net assets exceeding $2.5 billion but not exceeding $3 billion; 0.25% of the portion of the daily net assets exceeding $3 billion ----------------------------------------------------------------------------------------------------------------------- Active Assets Government Securities 05/31/97, as amended on 0.50% of the portion of the daily net assets not Trust 04/30/98 exceeding $500 million; 0.425% of the portion of the daily net assets exceeding $500 million but not exceeding $750 million; 0.375% of the portion of the daily net assets exceeding $750 million but not exceeding $1 billion; 0.35% of the portion of the daily net assets exceeding $1 billion but not exceeding $1.5 billion; 0.325% of the portion of the daily net assets exceeding $1.5 billion but not exceeding $2 billion; 0.30% of the portion of the daily net assets exceeding $2 billion but not exceeding $2.5 billion; 0.275% of the portion of the daily net assets exceeding $2.5 billion but not exceeding $3 billion; 0.25% of the portion of the daily net assets exceeding $3 billion. ----------------------------------------------------------------------------------------------------------------------- Active Assets Institutional Government 03/08/02 0.15% of the daily net...

billion. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Variable Investment Series-- ----------------------------------------------------------------------------------------------------------------------- - High Yield Portfolio 05/31/97, as amended on .50% of the portion of the daily net assets not 05/01/98, 05/01/99, exceeding $500 million; and 0.425% of the daily 05/01/00 net assets exceeding $500 million. ----------------------------------------------------------------------------------------------------------------------- - Limited Duration Portfolio 05/31/97, as amended on 0.45% of the daily net assets. 05/01/98, 05/01/99, 05/01/00 ----------------------------------------------------------------------------------------------------------------------- - Quality Income Plus Portfolio 05/31/97, as amended on 0.50% of the portion of the daily the net assets 05/01/98, 05/01/99, not exceeding $500 million; and 0.45% of the 05/01/00 portion of the daily net assets exceeding $500 million. ----------------------------------------------------------------------------------------------------------------------- EQUITY, BALANCED AND ASSET ALLOCATION FUNDS ----------------------------------------------------------------------------------------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Aggressive Equity Fund 12/02/98 0.75% of the portion of the daily net assets not exceeding $2 billion; and 0.725% of the portion of the daily net assets exceeding $2 billion. ----------------------------------------------------------------------------------------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Allocator Fund 12/12/02 0.75% of the daily net assets.

billion. In addition to the non-recurring fee set forth in Section 7(a)(1), a fee at the annual rate of .04% of the average daily net assets of Fund shares (including money market Fund shares) outstanding and beneficially owned by shareholders through Financial Intermediaries, including those Fund shares sold before the date of this Agreement.

billion. The credit will apply at asset levels between $1.364 billion and $1.5 billion. To accommodate circumstances where the Portfolio’s assets fall beneath $1.5 billion and to prevent a decline in the Portfolios’ assets from causing an increase in the absolute dollar fee, the Sub-Adviser will provide a transitional credit to cushion the impact of reverting to the flat 0.275% fee schedule. The credit will be applied against the fees assessed under the existing fee schedule and will have the effect of reducing the dollar fee until assets either (a) exceed $1.5 billion, when the flat 0.25% bps fee would be triggered, or (b) fall below a threshold of approximately $1.364 billion, where the flat 0.275% fee schedule would be fully re-applied. The credit is determined by multiplying the difference between the flat 0.275% fee schedule and the flat 0.25% fee schedule by the difference between $1.364 billion and the current portfolio size for billing purposes, divided by the difference between the $1.5 billion and the $1.364 billion threshold. The credit would approach $375,000 annually when the T. ▇▇▇▇ Price Large Cap Value Portfolio’s assets were close to $1.5 billion and fall to zero at approximately $1.364 billion. The annualized transitional credit is determined as follows, and the appropriate portion thereof (based upon the number of days in the month) will be applied as a credit to fees assessed: Current Portfolio Size for Billing Purposes - $1,363,636,363 X $375,000 For the JNL/T. ▇▇▇▇ Price Value Fund, the Sub-Adviser will provide the Adviser a transitional credit to eliminate any discontinuity between the flat fee when net assets are below $2 billion and the flat fee once assets reach $2 billion. The credit will apply at asset levels between approximately $1.96 billion and $2 billion. To accommodate circumstances where the Fund’s assets fall beneath $2 billion and to prevent a decline in the Fund’s assets from causing an increase in the absolute dollar fee, the Sub-Adviser will provide a transitional credit to cushion the impact of reverting to the flat 0.250% fee. The credit will be applied against the fees assessed under the existing fee schedule and will have the effect of reducing the dollar fee until assets either (a) exceed $2 billion, when the flat 0.245% fee would be triggered, or (b) fall below a threshold of approximately $1.96 billion, where the flat 0.250% fee would be fully re-applied.

billion. The annualized transitional credit is determined as follows, and the appropriate portion thereof (based upon the number of days in the month) will be applied as a credit to fees assessed: Current Portfolio Size for Billing Purposes – $2,928,571,429 X $250,000

billion. All other terms and conditions of the Agreement shall remain in full force and effect.

billion. The major objectives of the Department are to achieve excellence in the public school system and to provide access for all Western Australian students to a quality education irrespective of their background or geographical location. The Department is committed to achieving these objectives by: • attracting and retaining a highly skilled and capable workforce • supporting all learners to achieve their full potential, including those with special educational needs and interests • ensuring all public schools maintain excellence in the quality of education and the teaching and learning environment. The principles underpinning the Department’s objectives for the public school system in Western Australia are: • working collaboratively to achieve outcomes • accepting responsibility and accountability for the achievement of outcomes • enabling flexible, innovative and diverse work practices • promoting confidence in the professional judgement of the Department’s staff. The Department operates within a framework of principles and values that are applied in all decision- making contexts. These are: • a culture of learning and excellence • an expectation of accountability and action • a commitment to partnerships, professional collaboration and stakeholder involvement • an environment in which diversity, care and equity are valued. Further context about the particular school or college in which the vacancy is being advertised is available on the Department’s website. Please visit ▇▇▇▇://▇▇▇.▇▇▇.▇▇.▇▇▇.▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇.▇▇ and enter the school or college name in the Find a School field.

billion. All interest and other income resulting from such investments shall be paid to Buyer.

billion. The majority of investments to be in the stocks with market capitalization less than $750 million.)