Common use of COMPENSATION TO BE Clause in Contracts

COMPENSATION TO BE. PAID BY THE ADVISER TO THE SUB-ADVISER The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser's services rendered, a fee, determined as described in Schedule A which is attached hereto and made a part hereof. Such fee shall be paid by the Adviser and not by the Trust. The compensation earned under this Interim Sub-Adviser Agreement will be held in an interest bearing escrow account with the Fund's custodian or a bank mutually agreed upon by the Trust and the Sub-Adviser. If a majority of the Fund's outstanding voting securities approve a final sub-adviser agreement with the Sub-Adviser by the end of the 150-day period following the closing of the Acquisition, the amount in the escrow account (including interest earned) will be paid to the Sub-Adviser. If a majority of the Fund's outstanding voting securities do not approve a final sub-adviser contract with the Sub-Adviser, the Sub-Adviser will be paid, out of the escrow account, the lesser of (1) any costs incurred by the Sub-Adviser in performing services under this Interim Sub-Adviser Agreement (plus interest earned on that amount while in escrow), or (2) the total amount in the escrow account (plus interest earned).