Common use of Certain Operational Matters Clause in Contracts

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation. Disbursements shall be subject to review and approval of an Authorized Person and shall be made only out of the assets of the applicable Fund. (b) At the request of, and subject to the review and approval by the Client and Fund Counsel, prepare drafts of fund-related plans, policies and procedures or amendment thereto for existing Funds. (c) Assist the Client’s transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client. (d) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider. (e) Assist the Client in developing appropriate portfolio compliance procedures for each Fund, and provide compliance monitoring services with respect to such procedures as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records. (f) Assist the Client in obtaining and maintain fidelity bonds and directors and officers/errors and omissions insurance policies for the Funds in accordance with Rules 17g-1 and 17d-1 under the Investment Company Act of 1940, as amended, and coordinate filing of the fidelity bond and any notices with the SEC as required under Rule 17g-1, to the extent such policies and bonds are approved by the Funds’ board. (g) Maintain corporate records on behalf of the Funds, including minute books. (h) Assist the Client and its Counsel in responding to routine regulatory examinations or investigations. (i) Assist the Client with Board meetings by (i) coordinating Board book preparation, production and distribution, (ii) subject to review and approval by Client and Fund Counsel, preparing Board agendas, resolutions and minutes, (iii) assisting the Board by gathering industry and Fund information related to annual contract renewals and approval of Fund-related plans, policies and procedures, (iv) attending Board meetings and recording the minutes, (v) performing such other Board meeting functions as agreed from time to time. (j) Assist in the preparation and distribution of Trustee/Officer Questionnaires; assist in the review of completed Questionnaires. (k) Monitor wash sales annually. (l) Prepare informational schedules for use by the Client’s auditors in connection with such auditor’s preparation of the Client’s tax returns (m) Coordinate with independent auditors concerning the Client’s regular annual audit.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation. Disbursements shall be subject to review and approval of an Authorized Person and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) At the request of, and subject to the review and approval by the Client and Fund Counsel, prepare drafts of fund-related plans, policies and procedures or amendment thereto for existing Funds. (cd) Assist the Client’s transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client. (de) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider. (ef) Assist the Client in obtaining and maintaining fidelity bonds and directors and officers/errors and omissions insurance policies for the Client in accordance with applicable Investment Company Act of 1940, as amended (the “1940 Act”) rules and file such fidelity bonds and any applicable, related notices with the SEC. (g) Assist the Client in developing appropriate portfolio compliance procedures for each Fund, and provide compliance monitoring services with respect to such procedures as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records. (f) Assist the Client in obtaining and maintain fidelity bonds and directors and officers/errors and omissions insurance policies for the Funds in accordance with Rules 17g-1 and 17d-1 under the Investment Company Act of 1940, as amended, and coordinate filing of the fidelity bond and any notices with the SEC as required under Rule 17g-1, to the extent such policies and bonds are approved by the Funds’ board. (g) Maintain corporate records on behalf of the Funds, including minute books. (h) Assist the Client and its Fund Counsel in responding to routine regulatory examinations or investigations. (i) Assist the Client with Board meetings by (i) coordinating Board book preparation, production and distribution, (ii) subject to review and approval by Client and Fund Counsel, preparing Board agendas, resolutions and minutes, (iii) assisting the Board by gathering industry and Fund information related to annual contract renewals and approval of Fund-related plans, policies and procedures, (iv) attending Board meetings and recording the minutes, (v) performing such other Board meeting functions as agreed from time to time. (j) Assist in the preparation and distribution of Trustee/Officer Questionnaires; assist in the review of completed Questionnaires. (k) Monitor wash sales annually. (lj) Prepare informational schedules for use by the Client’s auditors in connection with such auditor’s preparation of the Client’s tax returns (mk) Coordinate with independent auditors concerning the Client’s regular annual audit.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation. Disbursements shall be subject to review and approval of an Authorized Person and shall be made only out of the assets of the applicable Fund. (b) At the request of, and subject to the review and approval by the Client Fund and Fund Counsel, prepare drafts of fund-related plans, policies and procedures or amendment thereto for existing Funds. (c) Assist the ClientFund’s transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the ClientFund. (d) Calculate performance data of the Funds for dissemination to (i) the ClientFund, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client Fund and agreed to by Service ProviderCiti. (e) Assist the Client Fund in obtaining and maintaining fidelity bonds and directors and officers/errors and omissions insurance policies for the Fund in accordance with applicable Investment Company Act of 1940, as amended (the “1940 Act”) rules and file such fidelity bonds and any applicable, related notices with the SEC. (f) Maintain corporate records on behalf of the Fund, including minute books, and the Charter/Declaration of Trust of the Fund and By-Laws of the Fund. (g) Assist the Fund in developing appropriate portfolio compliance procedures for each Fund, and provide compliance monitoring services with respect to such procedures as reasonably requested by the ClientFund, provided that such compliance must be determinable by reference to the Fund’s accounting records. (f) Assist the Client in obtaining and maintain fidelity bonds and directors and officers/errors and omissions insurance policies for the Funds in accordance with Rules 17g-1 and 17d-1 under the Investment Company Act of 1940, as amended, and coordinate filing of the fidelity bond and any notices with the SEC as required under Rule 17g-1, to the extent such policies and bonds are approved by the Funds’ board. (g) Maintain corporate records on behalf of the Funds, including minute books. (h) Assist the Client Fund and its Fund Counsel in responding to routine regulatory examinations or investigations. (i) Assist the Client Fund with Board meetings by (i) coordinating Board book preparation, production and distribution, (ii) subject to review and approval by Client the Fund and Fund Counsel, preparing Board agendas, resolutions and minutes, (iii) assisting the Board by gathering industry and Fund information related to annual contract renewals and approval of Fundfund-related plans, policies and procedures, (iv) attending Board meetings and recording the minutes, minutes and (v) performing such other Board meeting functions as agreed from time to time. (j) Assist in the preparation and distribution of Trustee/Officer Questionnaires; assist in the review of completed Questionnaires. (k) Monitor wash sales annually. (l) Prepare informational schedules for use by Oversee the Client’s auditors in connection with such auditor’s preparation and filing of the ClientFund’s tax returns. (m) Coordinate with independent auditors concerning the ClientFund’s regular annual audit.