Form 485BPOS FIDELITY ABERDEEN STREET
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2005 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2010 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trusts Trust Instrument) throughout the month. Years to Target Retirement Date will be determined on the first day of the Funds then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
| Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2015 Fund
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
By /s/Christopher J. Rimmer | ||
|
|
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2020 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2025 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2030 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2035 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2040 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2045 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2050 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2055 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2060 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
46 | 49 | 39 |
45 | 49 | 39 |
44 | 49 | 39 |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend 2065 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
Schedule A
Pursuant to paragraph 3 of this Agreement, each class will pay a management fee at the annual rate set forth in the table below of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. “Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Years to Target Retirement Date | Retail Class, Class A, Class M, Class C, Class I Annualized Rate (bp) | Class K, Class Z, Class K6, Class Z6, Premier Class Annualized Rate (bp) |
43 | 49 | 39 |
42 | 49 | 39 |
41 | 49 | 39 |
40 | 49 | 39 |
39 | 49 | 39 |
38 | 49 | 39 |
37 | 49 | 39 |
36 | 49 | 39 |
35 | 49 | 39 |
34 | 49 | 39 |
33 | 49 | 39 |
32 | 49 | 39 |
31 | 49 | 39 |
30 | 49 | 39 |
29 | 49 | 39 |
28 | 49 | 39 |
27 | 49 | 39 |
26 | 49 | 39 |
25 | 49 | 39 |
24 | 49 | 39 |
23 | 49 | 39 |
22 | 49 | 39 |
21 | 49 | 39 |
20 | 49 | 39 |
19 | 49 | 39 |
18 | 49 | 39 |
17 | 48 | 38 |
16 | 48 | 38 |
15 | 48 | 38 |
14 | 48 | 38 |
13 | 48 | 38 |
12 | 47 | 37 |
11 | 47 | 37 |
10 | 47 | 37 |
9 | 47 | 37 |
8 | 46 | 36 |
7 | 46 | 36 |
6 | 46 | 36 |
5 | 46 | 36 |
4 | 45 | 35 |
3 | 45 | 35 |
2 | 45 | 35 |
1 | 45 | 35 |
0 | 44 | 34 |
(1) | 44 | 34 |
(2) | 44 | 34 |
(3) | 44 | 34 |
(4) | 43 | 33 |
(5) | 43 | 33 |
(6) | 43 | 33 |
(7) | 43 | 33 |
(8) | 42 | 32 |
(9) | 42 | 32 |
(10) | 42 | 32 |
(11) | 42 | 32 |
(12) | 41 | 31 |
(13) | 41 | 31 |
(14) | 41 | 31 |
(15) | 41 | 31 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 41 | 31 |
Effective Date | April 1, 2022 | April 1, 2022 |
Fidelity Aberdeen Street Trust on behalf of Fidelity Freedom Blend Income Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
President and Treasurer | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer | ||
Treasurer |
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2005 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2005 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2005 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2005 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2005 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2005 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2005 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2005 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2005 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2010 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2010 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2010 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2010 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2010 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2010 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2010 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2010 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2010 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2015 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2015 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2015 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2015 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2015 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2015 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2015 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2015 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2015 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2020 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2020 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2020 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2020 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2020 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2020 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2020 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2020 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2020 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2025 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2025 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2025 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2025 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2025 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2025 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2025 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2025 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2025 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2030 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2030 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2030 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2030 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2030 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2030 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2030 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2030 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2030 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2035 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2035 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2035 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2035 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2035 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2035 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2035 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2035 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2035 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2040 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2040 Fund (the “Fund”), and Fidelity Management & Research Company LLC a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2040 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2040 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2040 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2040 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2040 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2040 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2040 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2045 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2045 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2045 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2045 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2045 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2045 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2045 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2045 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2045 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2050 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2050 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2050 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2050 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2050 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2050 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2050 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2050 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2050 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2055 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2055 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2055 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2055 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2055 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2055 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2055 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the Trust), on behalf of Fidelity Freedom Blend 2055 Fund (the Fund), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the Manager).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the Management Contract), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (Class Z6) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not interested persons of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Funds shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trusts Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Funds securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trusts Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trusts Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the 1940 Act), to which it is subject or by which it is bound, or to relieve or deprive the Trusts Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
| FIDELITY ABERDEEN STREET TRUST | |
| on behalf of Fidelity Freedom Blend 2055 Fund | |
| | |
| By | /s/Laura M. Del Prato |
| | Laura M. Del Prato |
| | |
| FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | |
| | |
| By | /s/Christopher J. Rimmer |
| | Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*Years to Target Retirement Date will be determined on the first day of the Funds then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2060 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2060 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2060 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2060 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2060 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend 2060 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2060 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2060 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2060 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2065 FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2065 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust; provided that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2065 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
46 | 29 |
45 | 29 |
44 | 29 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2065 FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend 2065 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2065 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
46 | 25 |
45 | 25 |
44 | 25 |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND 2065 FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend 2065 Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust; provided that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend 2065 Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
46 | 29 |
45 | 29 |
44 | 29 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND INCOME FUND: CLASS K6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022, is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend Income Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class K6 of the Fund (“Class K6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class K6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class K6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class K6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class K6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class K6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class K6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend Income Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Class K6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND INCOME FUND: PREMIER CLASS
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 (the “Agreement”), is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Premier Class (the “Class”) shares of Fidelity Freedom Blend Income Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to reduce the fee paid to the Manager thereunder and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of the Class shares of the Fund at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this Agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to the Class, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to the Class and to waive a portion of the management fee payable by such class, such that ordinary operating expenses incurred by the Class in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings made by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this Agreement shall not apply to any other class other than the Class of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by the Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST, | ||
on behalf of Fidelity Freedom Blend Income Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer |
Schedule A
Years to Target Retirement Date* | Premier Class |
43 | 25 |
42 | 25 |
41 | 25 |
40 | 25 |
39 | 25 |
38 | 25 |
37 | 25 |
36 | 25 |
35 | 25 |
34 | 25 |
33 | 25 |
32 | 25 |
31 | 25 |
30 | 25 |
29 | 25 |
28 | 25 |
27 | 25 |
26 | 25 |
25 | 25 |
24 | 25 |
23 | 25 |
22 | 25 |
21 | 25 |
20 | 25 |
19 | 25 |
18 | 25 |
17 | 24 |
16 | 24 |
15 | 24 |
14 | 24 |
13 | 24 |
12 | 23 |
11 | 23 |
10 | 23 |
9 | 23 |
8 | 23 |
7 | 23 |
6 | 23 |
5 | 22 |
4 | 22 |
3 | 22 |
2 | 22 |
1 | 22 |
0 | 22 |
(1) | 21 |
(2) | 21 |
(3) | 21 |
(4) | 21 |
(5) | 21 |
(6) | 21 |
(7) | 20 |
(8) | 20 |
(9) | 20 |
(10) | 20 |
(11) | 20 |
(12) | 19 |
(13) | 19 |
(14) | 19 |
(15) | 19 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 19 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
AMENDED and RESTATED
EXPENSE CONTRACT
between
FIDELITY ABERDEEN STREET TRUST
FIDELITY FREEDOM BLEND INCOME FUND: CLASS Z6
and
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC
This AMENDED and RESTATED Expense Contract, dated as of April 1, 2022 is made and entered into by and between Fidelity Aberdeen Street Trust, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), on behalf of Fidelity Freedom Blend Income Fund (the “Fund”), and Fidelity Management & Research Company LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust, on behalf of the Fund, and the Manager have entered into a Management Contract (the “Management Contract”), pursuant to which the Manager has agreed to provide certain services and to pay certain expenses of the Fund in return for an annualized basis point management fee paid by each class of the Fund;
WHEREAS, the Management Contract provides that the Manager will pay certain expenses of the Fund; and
WHEREAS, the Trust and the Manager have determined that it is appropriate and in the best interest of the Fund and its shareholders to maintain the expenses of Class Z6 of the Fund (“Class Z6”) at a fixed annualized expense rate as set forth herein.
NOW THEREFORE, the parties hereto agree as follows:
1. EXPENSE PROVISION. Until this agreement shall be amended or terminated pursuant to Section 2 or Section 5 hereof, the Manager agrees, with respect to Class Z6, to pay or provide for the payment of any fee or expense allocated at the class level and attributable to Class Z6 and waive a portion of the management fee payable by such class, such that the ordinary operating expenses incurred by Class Z6 in any fiscal year (excluding (i) taxes; (ii) the fees and expenses of all Trustees of the Trust who are not “interested persons” of the Trust or of the Adviser; (iii) interest expenses with respect to borrowings by the Fund; (iv) Rule 12b-1 fees, if any; (v) expenses of printing and mailing proxy materials to shareholders of the Fund; (vi) all other expenses incidental to holding meetings of the Fund’s shareholders, including proxy solicitations therefor; and (vii) such non-recurring and/or extraordinary expenses as may arise, including actions, suits or proceedings to which the Fund is or is threatened to be a party and the legal obligation that the Fund may have to indemnify the Trust’s Trustees and officers with respect thereto) as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the Fund’s securities lending program, if applicable, will not exceed the annual rate set forth in Schedule A of the average daily net assets of the class (computed in the manner set forth in the Trust’s Trust Instrument) throughout the month. For avoidance of doubt, it is understood that this agreement shall not apply to any other class other than Class Z6 of the Fund.
2. AMENDMENTS. This Agreement may not be amended to increase the fees or expenses payable by Class Z6 except by a vote of a majority of the Board of Trustees of the Trust and by a vote of a majority of the outstanding voting securities of Class Z6; provided that the Trust may amend Section 1 hereof without shareholder approval if the Board of Trustees determines that any payments by or on behalf of the Manager described in Section 1 hereof may create a preferential dividend for federal income tax purposes; and further provided, that all other amendments may be approved by mutual consent of the parties without a shareholder vote.
3. INTERPRETATION. Nothing herein contained shall be deemed to require the Trust or the Fund to take any action contrary to the Trust’s Trust Instrument or Bylaws, each as in effect from time to time, or any applicable statutory or regulatory requirement, including without limitation any requirements under the Investment Company Act of 1940 (the “1940 Act”), to which it is subject or by which it is bound, or to relieve or deprive the Trust’s Board of Trustees of its responsibility for or control of the conduct of the affairs of the Trust or the Fund.
4. DEFINITIONS. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from the terms and provisions of the Management Contract or the 1940 Act, shall have the same meaning as and be resolved by reference to the Management Contract.
5. TERMINATION. This Agreement will automatically terminate upon termination of the Management Contract between the Fund and the Manager.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized, as of the date first above written.
FIDELITY ABERDEEN STREET TRUST | ||
on behalf of Fidelity Freedom Blend Income Fund | ||
By | /s/Laura M. Del Prato | |
Laura M. Del Prato | ||
FIDELITY MANAGEMENT & RESEARCH COMPANY LLC | ||
By | /s/Christopher J. Rimmer | |
Christopher J. Rimmer Treasurer |
Schedule A
Years to Target Retirement Date* | Class Z6 |
43 | 29 |
42 | 29 |
41 | 29 |
40 | 29 |
39 | 29 |
38 | 29 |
37 | 29 |
36 | 29 |
35 | 29 |
34 | 29 |
33 | 29 |
32 | 29 |
31 | 29 |
30 | 29 |
29 | 29 |
28 | 29 |
27 | 29 |
26 | 29 |
25 | 29 |
24 | 29 |
23 | 29 |
22 | 29 |
21 | 29 |
20 | 29 |
19 | 29 |
18 | 29 |
17 | 28 |
16 | 28 |
15 | 28 |
14 | 28 |
13 | 28 |
12 | 27 |
11 | 27 |
10 | 27 |
9 | 27 |
8 | 26 |
7 | 26 |
6 | 26 |
5 | 26 |
4 | 25 |
3 | 25 |
2 | 25 |
1 | 25 |
0 | 24 |
(1) | 24 |
(2) | 24 |
(3) | 24 |
(4) | 23 |
(5) | 23 |
(6) | 23 |
(7) | 23 |
(8) | 22 |
(9) | 22 |
(10) | 22 |
(11) | 22 |
(12) | 21 |
(13) | 21 |
(14) | 21 |
(15) | 21 |
Thereafter (including investments in Fidelity Freedom Blend Income Fund) | 21 |
*“Years to Target Retirement Date” will be determined on the first day of the Fund’s then-current fiscal year and the corresponding annual rate will apply through the last day of that fiscal year.
Dechert LLP
One International Place, 40th Floor
100 Oliver Street
Boston, MA 02110-2605
+1 617 728 7100 Main
+1 617 426 6567 Fax
www.dechert.com
May 19, 2022
Fidelity Aberdeen Street Trust
245 Summer Street
Boston, MA 02210
Re: Post-Effective Amendment No. 146 to the Registration Statement on Form N-1A
Ladies and Gentlemen:
We have acted as counsel to Fidelity Aberdeen Street Trust, a Delaware statutory trust (the Trust) and its series Fidelity Advisor Freedom 2005 Fund, Fidelity Advisor Freedom 2010 Fund, Fidelity Advisor Freedom 2015 Fund, Fidelity Advisor Freedom 2020 Fund, Fidelity Advisor Freedom 2025 Fund, Fidelity Advisor Freedom 2030 Fund, Fidelity Advisor Freedom 2035 Fund, Fidelity Advisor Freedom 2040 Fund, Fidelity Advisor Freedom 2045 Fund, Fidelity Advisor Freedom 2050 Fund, Fidelity Advisor Freedom 2055 Fund, Fidelity Advisor Freedom 2060 Fund, Fidelity Advisor Freedom 2065 Fund, Fidelity Advisor Freedom Income Fund, Fidelity Flex Freedom Blend 2005 Fund, Fidelity Flex Freedom Blend 2010 Fund, Fidelity Flex Freedom Blend 2015 Fund, Fidelity Flex Freedom Blend 2020 Fund, Fidelity Flex Freedom Blend 2025 Fund, Fidelity Flex Freedom Blend 2030 Fund, Fidelity Flex Freedom Blend 2035 Fund, Fidelity Flex Freedom Blend 2040 Fund, Fidelity Flex Freedom Blend 2045 Fund, Fidelity Flex Freedom Blend 2050 Fund, Fidelity Flex Freedom Blend 2055 Fund, Fidelity Flex Freedom Blend 2060 Fund, Fidelity Flex Freedom Blend 2065 Fund, Fidelity Flex Freedom Blend Income Fund, Fidelity Freedom 2005 Fund, Fidelity Freedom 2010 Fund, Fidelity Freedom 2015 Fund, Fidelity Freedom 2020 Fund, Fidelity Freedom 2025 Fund, Fidelity Freedom 2030 Fund, Fidelity Freedom 2035 Fund, Fidelity Freedom 2040 Fund, Fidelity Freedom 2045 Fund, Fidelity Freedom 2050 Fund, Fidelity Freedom 2055 Fund, Fidelity Freedom 2060 Fund, Fidelity Freedom 2065 Fund, Fidelity Freedom Income Fund, Fidelity Freedom Blend 2005 Fund, Fidelity Freedom Blend 2010 Fund, Fidelity Freedom Blend 2015 Fund, Fidelity Freedom Blend 2020 Fund, Fidelity Freedom Blend 2025 Fund, Fidelity Freedom Blend 2030 Fund, Fidelity Freedom Blend 2035 Fund, Fidelity Freedom Blend 2040 Fund, Fidelity Freedom Blend 2045 Fund, Fidelity Freedom Blend 2050 Fund, Fidelity Freedom Blend 2055 Fund, Fidelity Freedom Blend 2060 Fund, Fidelity Freedom Blend 2065 Fund, Fidelity Freedom Blend Income Fund, Fidelity Freedom Index 2005 Fund, Fidelity Freedom Index 2010 Fund, Fidelity Freedom Index 2015 Fund, Fidelity Freedom Index 2020 Fund, Fidelity Freedom Index 2025 Fund, Fidelity Freedom Index 2030 Fund, Fidelity Freedom Index 2035 Fund, Fidelity Freedom Index 2040 Fund, Fidelity Freedom Index 2045 Fund, Fidelity Freedom Index 2050 Fund, Fidelity Freedom Index 2055 Fund, Fidelity Freedom Index 2060 Fund, Fidelity Freedom Index 2065 Fund, and Fidelity Freedom Index Income Fund (the Funds), in connection with Post-Effective Amendment No. 146 to the Trusts Registration Statement on Form N-1A (the Amendment) filed with the Securities and Exchange Commission (the Commission) under the Securities Act of 1933, as amended (the Securities Act).
In connection with the opinions set forth herein, you have provided to us originals, copies or facsimile transmissions of, and we have reviewed and relied upon, among other things, copies of the following: the Amendment; the Amended and Restated Trust Instrument of the Trust dated July 16, 2009, as amended; and the By-Laws of the Trust dated April 23, 2009 (the By-Laws). In addition, we have reviewed and relied upon a Certificate issued by the Delaware Secretary of State. We have assumed that the By-Laws have been duly adopted by the Trustees. We have also examined such documents and questions of law as we have concluded are necessary or appropriate for purposes of the opinions expressed below.
In rendering this opinion we have assumed, without independent verification, (i) the due authority of all individuals signing in representative capacities and the genuineness of signatures; (ii) the authenticity, completeness and continued effectiveness of all documents or copies furnished to us; (iii) that any resolutions provided have been duly adopted by the Funds Board of Trustees; (iv) that the facts contained in the instruments and certificates or statements of public officials, officers and representatives of each Fund on which we have relied for the purposes of this opinion are true and correct; and (v) that no amendments, agreements, resolutions or actions have been approved, executed or adopted which would limit, supersede or modify the items described above. Where documents are referred to in resolutions approved by the Board of Trustees, or in the Amendment, we have assumed such documents are the same as in the most recent form provided to us, whether as an exhibit to the Amendment or otherwise. When any opinion set forth below relates to the existence or standing of the Trust, such opinion is based entirely upon and is limited by the items referred to above, and we understand that the foregoing assumptions, limitations and qualifications are acceptable to you.
Based upon the foregoing, we are of the opinion that:
1.
The Trust has been duly formed and is validly existing as a statutory trust under the laws of the state of Delaware; and
2.
the Shares registered under the Securities Act, when issued in accordance with the terms described in the Amendment, will be legally issued, fully paid and non-assessable by the Trust.
We express no opinion as to any other matter other than as expressly set forth above and no other opinion is intended or may be inferred herefrom. The opinions expressed herein are given as of the date hereof and we undertake no obligation and hereby disclaim any obligation to advise you of any change after the date of this opinion pertaining to any matter referred to herein. We hereby consent to the use of this opinion as an exhibit to the Amendment. In giving such consent, we do not hereby admit that we are within the category of persons whose consent is required by Section 7 of the Securities Act and the rules and regulations thereunder.
We are members of the Bar of the Commonwealth of Massachusetts and do not hold ourselves out as being conversant with the laws of any jurisdiction other than those of the United States of America and the Commonwealth of Massachusetts. We note that we are not licensed to practice law in the State of Delaware, and to the extent that any opinion herein involves the laws of the State of Delaware, such opinion should be understood to be based solely upon our review of the documents referred to above and the published statutes of the State of Delaware.
Very truly yours,
/s/ Dechert LLP
Consent of Independent Registered Public Accounting Firm
We hereby consent to the incorporation by reference into the Prospectuses and Statements of Additional Information in PostEffective Amendment No. 146 to the Registration Statement on Form N1A of Fidelity Aberdeen Street Trust: Fidelity Freedom Blend Income Fund, Fidelity Freedom Blend 2005 Fund, Fidelity Freedom Blend 2010 Fund, Fidelity Freedom Blend 2015 Fund, Fidelity Freedom Blend 2020 Fund, Fidelity Freedom Blend 2025 Fund, Fidelity Freedom Blend 2030 Fund, Fidelity Freedom Blend 2035 Fund, Fidelity Freedom Blend 2040 Fund, Fidelity Freedom Blend 2045 Fund, Fidelity Freedom Blend 2050 Fund, Fidelity Freedom Blend 2055 Fund, Fidelity Freedom Blend 2060 Fund, Fidelity Freedom Blend 2065 Fund, Fidelity Freedom Income Fund, Fidelity Freedom 2005 Fund, Fidelity Freedom 2010 Fund, Fidelity Freedom 2015 Fund, Fidelity Freedom 2020 Fund, Fidelity Freedom 2025 Fund, Fidelity Freedom 2030 Fund, Fidelity Freedom 2035 Fund, Fidelity Freedom 2040 Fund, Fidelity Freedom 2045 Fund, Fidelity Freedom 2050 Fund, Fidelity Freedom 2055 Fund, Fidelity Freedom 2060 Fund and Fidelity Freedom 2065 Fund, of our reports dated May 10, 2022; Fidelity Flex Freedom Blend Income Fund, Fidelity Flex Freedom Blend 2005 Fund, Fidelity Flex Freedom Blend 2010 Fund, Fidelity Flex Freedom Blend 2015 Fund, Fidelity Flex Freedom Blend 2020 Fund, Fidelity Flex Freedom Blend 2025 Fund, Fidelity Flex Freedom Blend 2030 Fund, Fidelity Flex Freedom Blend 2035 Fund, Fidelity Flex Freedom Blend 2040 Fund, Fidelity Flex Freedom Blend 2045 Fund, Fidelity Flex Freedom Blend 2050 Fund, Fidelity Flex Freedom Blend 2055 Fund, Fidelity Flex Freedom Blend 2060 Fund and Fidelity Flex Freedom Blend 2065 Fund, of our reports dated May 12, 2022, relating to the financial statements and financial highlights included in the March 31, 2022 Annual Reports to Shareholders of the above referenced funds, which are also incorporated by reference into the Registration Statement.
We also consent to the references to our Firm under the headings Financial Highlights in the Prospectuses and Independent Registered Public Accounting Firm in the Statements of Additional Information.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
May 19, 2022
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in this PostEffective Amendment to Registration Statement No. 033-43529 on Form N1A of our reports dated May 12, 2022, relating to the financial statements and financial highlights of Fidelity Advisor Freedom Income Fund, Fidelity Advisor Freedom 2005 Fund, Fidelity Advisor Freedom 2010 Fund, Fidelity Advisor Freedom 2015 Fund, Fidelity Advisor Freedom 2020 Fund, Fidelity Advisor Freedom 2025 Fund, Fidelity Advisor Freedom 2030 Fund, Fidelity Advisor Freedom 2035 Fund, Fidelity Advisor Freedom 2040 Fund, Fidelity Advisor Freedom 2045 Fund, Fidelity Advisor Freedom 2050 Fund, Fidelity Advisor Freedom 2055 Fund, Fidelity Advisor Freedom 2060 Fund, Fidelity Advisor Freedom 2065 Fund, Fidelity Freedom Index Income Fund, Fidelity Freedom Index 2005 Fund, Fidelity Freedom Index 2010 Fund, Fidelity Freedom Index 2015 Fund, Fidelity Freedom Index 2020 Fund, Fidelity Freedom Index 2025 Fund, Fidelity Freedom Index 2030 Fund, Fidelity Freedom Index 2035 Fund, Fidelity Freedom Index 2040 Fund, Fidelity Freedom Index 2045 Fund, Fidelity Freedom Index 2050 Fund, Fidelity Freedom Index 2055 Fund, Fidelity Freedom Index 2060 Fund, and Fidelity Freedom Index 2065 Fund, each a fund of Fidelity Aberdeen Street Trust, appearing in the Annual Reports on Form N-CSR of Fidelity Aberdeen Street Trust for the year ended March 31, 2022, and to the references to us under the headings Financial Highlights in the Prospectuses and Independent Registered Public Accounting Firm in the Statements of Additional Information, which are part of such Registration Statement.
/s/ Deloitte & Touche LLP
Boston, Massachusetts
May 19, 2022
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