Common use of Annual Fee Based Upon Market Value Per Fund Clause in Contracts

Annual Fee Based Upon Market Value Per Fund. [ ] basis point ([ ]%) on average daily market value of all long securities and cash held in the portfolio Plus portfolio transaction fees § $[ ] – Book entry DTC transaction, Federal Reserve transaction § $[ ] – Repurchase agreement, reverse repurchase agreement, time deposit/CD or other non-depository transaction § $[ ] – Option/SWAPS/future contract written, exercised or expired § $[ ] – Principal paydown § $[ ] – Mutual fund trade, Fed wire, margin variation Fed wire § $[ ] – Physical security transaction § $[ ] – Check disbursement (waived if U.S. Bancorp is Administrator) A transaction is a purchase/sale of a security, free receipt/free delivery, maturity, tender or exchange.