Common use of Compliance Administration Services Clause in Contracts

Compliance Administration Services. Service Provider will provide the following services to the Client and any Fund and Portfolio listed on Schedule 4, subject to the terms and conditions of the Agreement (including the Schedules) to assist the Client in its obligations pursuant to Rule 38a-1 under the 1940 Act : 1. Perform risk-based testing and an annual assessment of the compliance procedures of each service group of Service Provider (other than the Compliance Services group) that provides services for the Client pursuant to this Agreement, including additional testing reasonably requested by the Client. 2. Provide information reasonably requested by the Board in connection with the Board’s determination regarding the adequacy and effectiveness of the compliance procedures described in Item III.1 above. 3. Provide reports to the Client’s Chief Compliance Officer regarding the risk-based testing and annual assessment described in Item III.1 above.