AdvisorCentral Rights Clause Samples

AdvisorCentral Rights. AdvisorCentral is an intended third-party beneficiary of the provisions of this Exhibit 6 to Schedule C which specifically reference AdvisorCentral. 1. Transaction Processing 1. New Accounts <83.6% 83.6% - 95.4% >95.5% 2. Financial <97.2% 97.2% - 99.6% >99.7% 3. Non-Financial <91.7% 91.7% - 95.5% >95.6% 4. Overall <95.3% 95.3% - 97.7% >97.8% • Performance will be measured by NQR based on a sample of approximately 266 account transactions each month and reported monthly. Transactions will be reviewed for accuracy and timeliness. All “exceptions” will be noted. A transaction with no “exceptions” will result in such transaction being deemed “acceptable.” The above table identifies the percentage of acceptable transactions from the sample pool during the applicable time period. Penalties or awards will be paid quarterly based on quarterly averages. • Penalties or Awards will be applied quarterly to the next transfer agent fee ▇▇▇▇ following receipt of the data from NQR. • Penalties will be waived for any quarter during which the overall transaction volume is increased by 30 percent or more versus the prior four-quarter average volume. • Awards will be waived for any quarter during which the overall transaction volume is decreased by 30 percent or more versus the prior four-quarter average volume. • Standards are subject to revision annually each June based on the previous four quarters of performance data from NQR. • Measurement under the standards above will begin 7/1/07 and penalties and awards under this Schedule will begin in third quarter 2007. • Each of the four transaction processing categories will be measured separately. Transaction processing penalties or awards will be assessed for each category separately where the performance of an individual category falls in a penalty or award range.