Common use of ACTIVITY REPORTING AND VERIFICATION Clause in Contracts

ACTIVITY REPORTING AND VERIFICATION. The Fund or its transfer agent will deliver to the Company or its designee in writing, via facsimile or other method agreed upon by the parties (e.g., DST Vision) a statement for the preceding calendar month reflecting the shares of each Portfolio held by the T/A Account(s) as of the end of such preceding month and all purchases, exchanges and redemptions by the Company of shares of a Portfolio during such preceding month. The Company will, immediately upon receipt of any activity or position file concerning a T/A Account, verify the information contained therein against the information contained on the Company's record-keeping system and immediately advise the Fund or its transfer agent, in writing, of any discrepancies between such information. The Fund and the Company will cooperate to resolve any such discrepancies as soon as reasonably practicable.