Common use of Class R Shares Clause in Contracts

Class R Shares. As compensation for acting as principal Distributor in respect of Class R Shares of the Portfolios, the Distributor shall be entitled to receive a Distribution Fee computed at the rate of 0.50% per annum of such Portfolio's average daily net assets attributable to Class R Shares, which Distribution Fee will accrue daily and be paid monthly. The Fund also shall pay to the Distributor, as compensation for providing, or arranging for the provision of, shareholder services to the holders of the Class R Shares of each Portfolio, a Service Fee computed at the rate of 0.25% per annum of such Portfolio's average daily net assets attributable to Class R Shares, which Service Fee will accrue daily and be paid monthly. The Distributor may allow such concessions or reallowances of all or any portion of the Distribution Fee and the Service Fee attributable to Class R Shares to securities dealers, financial institutions, plan administrators and recordkeepers and other intermediaries for assisting with the distribution of, and providing shareholder services to the holders of, Class R Shares.

Class R Shares. As compensation for acting as principal Distributor in respect of Class R Shares of the Portfolios, the Distributor shall be entitled to receive a Distribution Fee computed at the rate of 0.50% per annum of such Portfolio's ’s average daily net assets attributable to Class R Shares, which Distribution Fee will accrue daily and be paid monthly. The Fund also shall pay to the Distributor, as compensation for providing, or arranging for the provision of, shareholder services to the holders of the Class R Shares of each Portfolio, a Service Fee computed at the rate of 0.25% per annum of such Portfolio's ’s average daily net assets attributable to Class R Shares, which Service Fee will accrue daily and be paid monthly. The Distributor may allow such concessions or reallowances of all or any portion of the Distribution Fee and the Service Fee attributable to Class R Shares to securities dealers, financial institutions, plan administrators and recordkeepers and other intermediaries for assisting with the distribution of, and providing shareholder services to the holders of, Class R Shares.