Administrative and Shareholder Services. ACS shall perform or arrange for the provision of the administrative, recordkeeping and shareholder services (the “Administrative and Shareholder Services”) described in Schedule A attached hereto, as such Schedule A may be amended from time to time with the mutual consent of the parties hereto, with respect to Class W Shares of the Fund purchased, held or redeemed by a Wrap Program. Each party acknowledges that ACS may in its sole discretion, from time to time, employ, appoint, subcontract with or otherwise associate itself with, entirely at its expense, such persons as ACS believes to be particularly fitted to perform, or assist in its performance of, its duties under this Agreement, including financial intermediaries whose customers are shareholders of the Class W Shares of the Fund through the Wrap Programs; provided, however, that such actions will not relieve ACS of any of its obligations or liabilities hereunder. ACS and any person(s) with whom it contracts for the provision of such services shall perform the Administrative and Shareholder Services as an independent contractor and not as an employee or agent of the Trust or the Fund.
Administrative and Shareholder Services. AGAM shall perform or --------------------------------------- arrange for the performance of the administrative and recordkeeping services (the "Administrative Services") described in Schedule A attached hereto, as such Schedule A may be amended from time to time with the mutual consent of the parties hereto, with respect to Institutional Class I Shares of the Funds purchased, held or redeemed by a Plan. AGAM shall perform or arrange for the performance of the shareholder services (the "Shareholder Services") described in Schedule B attached hereto, as such Schedule B may be amended from time to time with the mutual consent of the parties hereto, with respect to Institutional Class I Shares of the Funds purchased, held or redeemed by a Lifestyle Fund. AGAM and any person(s) with whom it contracts for the provision of such services shall perform the Administrative Services or Shareholder Services as an independent contractor and not as an employee or agent of the Trust or any Fund. Neither AGAM nor any person(s) with whom it contracts for the provision of such services shall not be or be held out to be an agent of the Trust or any Fund. AGAM shall perform, or arrange for the provision of the Administrative Services and the Shareholder Services in accordance with procedures established from time to time by the agreement of the Trust and AGAM, and subject to terms and conditions set forth in the Trust's current prospectus.
Administrative and Shareholder Services. SACS shall perform or arrange for the performance of the administrative and recordkeeping services (the “Administrative Services”) described in Schedule A attached hereto, as such Schedule A may be amended from time to time with the mutual consent of the parties hereto, with respect to Class I Shares of the Fund purchased, held or redeemed by a Plan. SACS shall perform or arrange for the performance of the shareholder services (“the Shareholder Services”) described in Schedule B attached hereto, as such Schedule B may be amended from time to time with the mutual consent of the parties hereto, with respect to Class I Shares of the Fund purchased, held or redeemed by the Fund. SACS and any person(s) with whom it contracts for the provision of such service shall perform the Administrative Services or Shareholder Services as an independent contractor and not as an employee or agent of the Corporation or the Funds. Neither SACS, or any person(s) with whom it contracts for the provision of such services shall be or be held out to be an agent of the Corporation or the Funds. SACS shall perform, or arrange for the provision of Administrative Services and the Shareholder Services in accordance with procedures established from time to time by the agreement of the Corporation and SACS, and subject to terms and conditions set forth in the Corporation’s current prospectus.
Administrative and Shareholder Services. Specific Responsibilities. Without limiting the responsibilities of the Manager, the Manager will:
Administrative and Shareholder Services. A. General Responsibilities. Subject to the exceptions set forth in Sub- Section C hereof and subject to the direction and control of the Board of Trustees of the Trust, the Manager will provide, or cause to be provided, all services required for the administration of the Trust and the Fund, including fund accounting, shareholder servicing, and transfer agency services.
Administrative and Shareholder Services. Fortis Benefits and Fortis Investors agrees to provide the administrative and shareholder services below to contractholders which are beneficial owners of shares of the Series ("Contractholders"), which services are normally provided by a Fund's transfer agent. Such services shall consist of the following:
1. Providing necessary personnel and facilities to establish and maintain Contractholder accounts and records.
2. Recording and crediting debits and credits to the accounts of Contractholders in the form of cash, dividends and shares.
3. Paying the proceeds of redemptions to Contractholders either by check or by wire.
4. Mailing prospectuses, proxy statements, annual and semi-annual reports to shareholders and other communications from the Fund to Contractholders.
5. Performing such shareholder servicing as may be required, which shall include but not be limited to, responding to questions regarding account balances and other account inquires.
6. Federal and state income tax withholding and reporting.
7. Provide such other assistance and services as may reasonably be requested by the Fund and agreed to by Fortis Benefits or Fortis Investors.
Administrative and Shareholder Services. SACS shall perform or arrange for the provision of the administrative, recordkeeping and shareholder services (the “Administrative and Shareholder Services”) described in Schedule A attached hereto, as such Schedule A may be amended from time to time with the mutual consent of the parties hereto, with respect to Class W Shares of the Fund purchased, held or redeemed by Wrap Programs. Each party acknowledges that SACS may in its sole discretion, from time to time, employ, appoint, subcontract with or otherwise associate itself with, entirely at its expense, such persons as SACS believes to be particularly fitted to perform, or assist in its performance of, its duties under this Agreement, including financial intermediaries whose customers are shareholders of the Class W Shares of the Fund through the Wrap Programs; provided, however, that such actions will not relieve SACS of any of its obligations or liabilities hereunder. SACS and any person(s) with whom it contracts for the provision of such services shall perform the Administrative and Shareholder Services as an independent contractor and not as an employee or agent of the Trust or the Fund.
Administrative and Shareholder Services. AIG SACS shall perform or arrange for the provision of the administrative, recordkeeping and shareholder services (the “Administrative and Shareholder Services”) described in Schedule A attached hereto, as such Schedule A may be amended from time to time with the mutual consent of the parties hereto, with respect to Class W Shares of the Fund purchased, held or redeemed by a Wrap Program. Each party acknowledges that AIG SACS may in its sole discretion, from time to time, employ, appoint, subcontract with or otherwise associate itself with, entirely at its expense, such persons as AIG SACS believes to be particularly fitted to perform, or assist in its performance of, its duties under this Agreement, including financial intermediaries whose customers are shareholders of the Class W Shares of the Fund through the Wrap Programs; provided, however, that such actions will not relieve AIG SACS of any of its obligations or liabilities hereunder. AIG SACS and any person(s) with whom it contracts for the provision of such services shall perform the Administrative and Shareholder Services as an independent contractor and not as an employee or agent of the Trust or the Fund.
Administrative and Shareholder Services. The Administrator shall perform or supervise the performance by others of other administrative services in connection with the operations of the Portfolios, and, on behalf of the Trust, will investigate, assist in the selection of and conduct relations with custodians, depositories, accountants, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and persons in any other capacity deemed to be necessary or desirable for the Portfolios' operation. The Administrator shall provide the Trustees of the Trust with such reports regarding investment performance as they may reasonably request but shall have no responsibility for supervising the performance by any investment adviser or sub-adviser of its responsibilities. The Administrator shall provide the Trust with regulatory reporting, fund accounting and related portfolio accounting services, all necessary office space, equipment, personnel compensation and facilities for handling the affairs of the Portfolios and such OTHER SERVICES AS the Administrator shall, from time to time, determine to be necessary to perform its obligations under this Agreement. The Administrator shall make reports to the Trust's Trustees concerning the performance of its obligations hereunder; furnish advice and recommendations with respect to other aspects of the business and affairs of the Portfolios as the Trust and the Administrator shall determine desirable; and shall provide the Portfolios' Shareholders with the reports described in the Trust's current prospectus. The Administrator shall calculate the daily net asset value of the Portfolios in accordance with the procedures prescribed in the Trust's Registration Statement and such other procedures as may be established by the Trustees of the Trust. Also, the Administrator will perform other services for the Trust as agreed from time to time, including, but not limited to., preparation and mailing of appropriate federal income tax forms and returns to the Internal Revenue; furnishing the Trust with such reports regarding the sale and redemption of Shares as may be required in order to comply with federal and state securities law; and mailing notices of Shareholders' meetings, proxies and proxy statements to Shareholders, for all of which the Trust will pay the Administrator's out-of-pocket expenses.
Administrative and Shareholder Services
