Common use of Administrative Services Provided Clause in Contracts

Administrative Services Provided. TFS shall provide supervisory and administrative services to each Portfolio of each Fund. Subject to the overall supervision of the Board of Trustees/Directors of each Fund, TFS shall furnish to each Portfolio: • The services of personnel to supervise and perform all administrative, clerical, recordkeeping and bookkeeping services of the Fund; • To the extent agreed upon by the parties hereto from time to time, monitor and verify State Street Bank and Trust Company’s daily calculation of net asset values; • Preparation and filing of all returns and reports in connection with federal, state and local taxes; • Shareholder relations functions, including preparation of notices to shareholders; • Regulatory reporting and compliance, including preparation of any required amendments, supplements or renewals of registration statements, qualifications or prospectuses under the Securities Act of 1933 and the securities laws of any states or territories subsequent to the effectiveness of the initial registration statement under the Securities Act of 1933; • Supervise and coordinate the Fund’s custodian and its dividend disbursing agent and monitor their service to each Portfolio; • Assist each Portfolio in preparing reports to shareholders; • Act as liaison with the Fund’s independent public accountants and provide, upon request, account analyses, fiscal year summaries and other audit-related schedules; • Preparation of agendas and supporting documents for and minutes of meetings of Trustees/Directors and committees of Trustees/Directors; • For TST, acting as registrar for the Fund and recording the ownership of Fund shares and changes in or transfers of such ownership; • Provide office space, telephones and other office equipment as necessary in order for TFS to perform administrative services to each Fund and described herein; and • Provide such other administrative services as TFS and each Fund shall agree from time to time. Except as specifically provided above, in no event shall TFS be deemed to have assumed any duties with respect to, or be responsible for, the distribution of the shares of any Fund, nor shall TFS be deemed to have assumed, or have any responsibility with respect to, functions specifically assumed by any investment adviser, transfer agent, fund accounting agent, custodian or shareholder servicing or other agent, in each case employed by the Fund to perform such functions. It is understood that TFS has entered into separate transfer agency agreements with each of TPFG and TPFG II. Compensation for services under those agreements is described in Section 3(c) below.

Administrative Services Provided. TFS shall provide supervisory and administrative services to each Portfolio of each the Fund. Subject to the overall supervision of the Board of Trustees/Directors Trustees of each the Fund, TFS shall furnish to each Portfolio: • The services of personnel to supervise and perform all administrative, clerical, recordkeeping and bookkeeping services of the Fund; • To the extent agreed upon by the parties hereto from time to time, monitor and verify State Street Bank and Trust Company’s daily calculation of net asset values; • Preparation and filing of all returns and reports in connection with federal, state and local taxes; • Shareholder relations functions, including preparation of notices to shareholders; • Regulatory reporting and compliance, including preparation of any required amendments, supplements or renewals of registration statements, qualifications or prospectuses under the Securities Act of 1933 and the securities laws of any states or territories subsequent to the effectiveness of the initial registration statement under the Securities Act of 1933; • All other matters relating to the operation of the Portfolios, other than investment management and distribution functions; • Supervise and coordinate the Fund’s custodian and its dividend disbursing agent and monitor their service to each Portfolio; • Assist each Portfolio in preparing reports to shareholders; • Act as liaison with the Fund’s independent public accountants and provide, upon request, account analyses, fiscal year summaries and other audit-related schedules; • Preparation of agendas and supporting documents for and minutes of meetings of Trustees/Directors Trustees and committees of Trustees/Directors; • For TST, acting as registrar for the Fund and recording the ownership of Fund shares and changes in or transfers of such ownership; • Provide office space, telephones and other office equipment as necessary in order for TFS to perform administrative services to each the Fund and described herein; and • Provide such other administrative services as TFS and each the Fund shall agree from time to time. Except as specifically provided above, in no event shall TFS be deemed to have assumed any duties with respect to, or be responsible for, the distribution of the shares of any Fund, nor shall TFS be deemed to have assumed, or have any responsibility with respect to, functions specifically assumed by any investment adviser, transfer agent, fund accounting agent, custodian or shareholder servicing or other agent, in each case employed by the Fund to perform such functions. It is understood that TFS has entered into separate transfer agency agreements with each of TPFG and TPFG II. Compensation for services under those agreements is described in Section 3(c) below.

Administrative Services Provided. TFS TAM shall provide supervisory and administrative services to each Portfolio of each Fund. Subject to the overall supervision of the Board of Trustees/Directors Trustees of each Fund, TFS TAM shall furnish to each Portfolio: • The services of personnel to supervise and perform all administrative, clerical, recordkeeping and bookkeeping services of the Fund; • To the extent agreed upon by the parties hereto from time to time, monitor and verify State Street Bank and Trust Company’s the daily calculation of net asset values; • Preparation and filing of all returns and reports in connection with federal, state and local taxes; • Shareholder relations functions, including preparation of notices to shareholders; • Regulatory reporting and compliance, including preparation of any required amendments, supplements or renewals of registration statements, qualifications or prospectuses under the Securities Act of 1933 and the securities laws of any states or territories subsequent to the effectiveness of the initial registration statement under the Securities Act of 1933; • Supervise and coordinate the Fund’s custodian and its dividend disbursing agent and monitor their service to each Portfolio; • Assist each Portfolio in preparing reports to shareholders; • Act as liaison with the Fund’s independent public accountants and provide, upon request, account analyses, fiscal year summaries and other audit-related schedules; • Preparation of agendas and supporting documents for and minutes of meetings of Trustees/Directors Trustees and committees of Trustees/Directors; • For TST, acting as registrar for the Fund and recording the ownership of Fund shares and changes in or transfers of such ownership; • Provide office space, telephones and other office equipment as necessary in order for TFS TAM to perform administrative services to each Fund and as described herein; and • Provide such other administrative services as TFS TAM and each Fund shall agree from time to time. TAM may, with prior written notice to the Funds, appoint in writing other parties qualified to perform administrative services reasonably acceptable to the Funds (individually, a “Sub-Administrator”) to carry out some or all of its responsibilities as Administrator under this Agreement with respect to a Fund; provided, however, that the Sub-Administrator shall be the agent of TAM and not the agent of the Funds or such Portfolios, and that TAM shall be fully responsible for the acts of the Sub-Administrator and shall not be relieved of any of its responsibilities contained herein by the appointment of such Sub-Administrator. Except as specifically provided above, in no event shall TFS TAM be deemed to have assumed any duties with respect to, or be responsible for, the distribution of the shares of any Fund, nor shall TFS TAM be deemed to have assumed, or have any responsibility with respect to, functions specifically assumed by any investment adviser, transfer agent, fund accounting agent, custodian or shareholder servicing or other agent, in each case employed by the Fund to perform such functions. It is understood that TFS has entered into separate TAM will provide or procure the services of a transfer agent to provide transfer agency agreements with services to each of TPFG and TPFG IIFund. Compensation for such transfer agency services under those agreements is described in Section 3(c) below.

Administrative Services Provided. TFS shall provide supervisory and administrative services to each Portfolio of each Fund. Subject to the overall supervision of the Board of Trustees/Directors of each Fund, TFS shall furnish to each Portfolio: • The services of personnel to supervise and perform all administrative, clerical, recordkeeping and bookkeeping services of the Fund; • To the extent agreed upon by the parties hereto from time to time, monitor and verify State Street Bank and Trust Company’s daily calculation of net asset values; • Preparation and filing of all returns and reports in connection with federal, state and local taxes; • Shareholder relations functions, including preparation of notices to shareholders; • Regulatory reporting and compliance, including preparation of any required amendments, supplements or renewals of registration statements, qualifications or prospectuses under the Securities Act of 1933 and the securities laws of any states or territories subsequent to the effectiveness of the initial registration statement under the Securities Act of 1933; • Supervise and coordinate the Fund’s custodian and its dividend disbursing agent and monitor their service to each Portfolio; • Assist each Portfolio in preparing reports to shareholders; • Act as liaison with the Fund’s independent public accountants and provide, upon request, account analyses, fiscal year summaries and other audit-related schedules; • Preparation of agendas and supporting documents for and minutes of meetings of Trustees/Directors and committees of Trustees/Directors; • For TST, acting as registrar for the Fund and recording the ownership of Fund shares and changes in or transfers of such ownership; • Provide office space, telephones and other office equipment as necessary in order for TFS to perform administrative services to each Fund and described herein; and • Provide such other administrative services as TFS and each Fund shall agree from time to time. TFS may, with prior written notice to the Funds, appoint in writing other parties qualified to perform administrative services reasonably acceptable to the Funds (individually, a “Sub-Administrator”) to carry out some or all of its responsibilities as Administrator under this Agreement with respect to a Fund; provided, however, that the Sub-Administrator shall be the agent of TFS and not the agent of the Funds or such Portfolios, and that TFS shall be fully responsible for the acts of the Sub-Administrator and shall not be relieved of any of its responsibilities contained herein by the appointment of such Sub-Administrator. Except as specifically provided above, in no event shall TFS be deemed to have assumed any duties with respect to, or be responsible for, the distribution of the shares of any Fund, nor shall TFS be deemed to have assumed, or have any responsibility with respect to, functions specifically assumed by any investment adviser, transfer agent, fund accounting agent, custodian or shareholder servicing or other agent, in each case employed by the Fund to perform such functions. It is understood that TFS has entered into separate transfer agency agreements with each of TPFG and TPFG II. Compensation for services under those agreements is described in Section 3(c) below.