Communications to Advisor Clause Samples

Communications to Advisor. A. State Street will send the following reports on a monthly basis to the Advisor by overnight mail so that they are received no later than the tenth business day of the following month: • Statement of Investments showing account holdings as of the last day of the month. • Monthly Summary of Account Activity Report (Trials). • Daily Purchase Activity Report (Purchases and Sales Report). • Daily Sales Activity Report (Purchases and Sales Report). • Actual Dividend Receipts Reports (Dividend and Interest Report). • Summary of Accounting Journals Report—This report displays a daily summary of client contributions, client withdrawals and expenses charged to the account (Cash Summary Report). • Stock Dividend/Stock Split Schedule Report. Mergers, spinoffs, exchanges, etc. will also be indicted on this report as they occur. • YES Report. (This report will be distributed only if the Subaccount participates in YES for short term investments.) B. State Street will send the Advisor the existing broker list within two business days prior to the end of each month to determine whether any changes will be made under Section 4(c) of the Agreement. C. The Advisor will send the following reports (or information) to the Trustee: • Monthly holdings (at month end) with security, # shares, price, yield, cost and market value. • List of transactions (purchase and sales) for the month with security, # shares and per share sale total. • Monthly return on portfolio, gross of fees.