Common use of Customer Identification Program Services Clause in Contracts

Customer Identification Program Services. (a} To help the Fund comply with its Customer Identification Program (which the Fund is required to have under regulations issued under Section 326 of the USA PATRIOT Act) PFPC will do the following: (a) Implement procedures under which new accounts in the Portfolios are not established unless PFPC has obtained the name, date of birth (for natural persons only), address and taxpayer identification number (for United States persons) or taxpayer identification number, passport number and country of issuance, alien identification card number and country of issuance or any other government-issued document evidencing nationality or residence (collectively, the "Data Elements") for each corresponding "Customer" (as defined in 31 CFR 103.131). (i) Use collected Data Elements to attempt to reasonably verify the identity of each new Customer promptly before or after each corresponding new account is opened. Methods of verification may consist of non-documentary methods (for which PFPC may use unaffiliated information vendors to assist with such verifications) and documentary methods (as permitted by 31 CFR 103.131), and may include procedures under which PFPC personnel perform enhanced due diligence to verify the identities of Customers the identities of whom were not successfully verified through the first-level (which will typically be reliance on results obtained from an information vendor) verification process(es). (ii) Record the Data Elements and maintain records relating to verification of new Customers consistent with 31 CFR 103.131(b)(3). (iii) Determine whether any Customer's name appears on a list of known or suspected terrorists or terrorist organizations designated by the Department of the Treasury, if any, consistent with 31 CFR 103.131(b)(4). (iv) Regularly report to the Fund about measures taken under (i)-(iv) above. (v) If PFPC provides services by which prospective Customers may subscribe for shares in the Fund via the Internet or telephone, work with the Fund to notify prospective Customers, consistent with 31 CFR 103.131(b)(5), about the Fund's Customer Identification Program. (vi) Annually, or upon the Fund's reasonable request, certify that PFPC continues to implement its duties set forth under this Section 23{a). (b) Notwithstanding anything in this Agreement or otherwise to the contrary, and without expanding the scope of the express language set forth above in Section 23(a), PFPC need not collect the Data Elements for (or verify) prospective customers (or accounts) beyond the requirements of relevant customer identification program regulations (for example, PFPC will not verify customers opening accounts through NSCC) and PFPC need not perform any task that need not be performed for the Fund to be in compliance with relevant customer identification program regulations. (c) Notwithstanding anything in this Agreement or otherwise to the contrary, PFPC need not perform any of the steps described above in this Section 23 with respect to persons purchasing Shares via exchange privileges. (d) The Fund shall provide PFPC with the Fund's Anti-Money Laundering Policy adopted by the Fund's Board of Trustees on September 10, 2004 (as well as any supplements or amendments thereto) and the Fund's Customer Identification Program adopted by the Fund's Board of Trustees on September 10,2004 (as well as any supplements or amendments thereto).

Customer Identification Program Services. (a} ) To help the Fund comply with its Customer Identification Program (which the Fund is required to have under regulations issued under Section 326 of the USA PATRIOT Act) PFPC will do the following: (ai) Implement procedures under which new accounts in the Portfolios are not established unless PFPC has obtained the name, date of birth (for natural persons only), address and taxpayer identification number (for United States persons) or taxpayer identification number, passport number and country of issuance, alien identification card number and country of issuance or any other government-issued document evidencing nationality or residence (collectively, the "“Data Elements"”) for each corresponding "“Customer" ” (as defined in 31 CFR 103.131). (iii) Use collected Data Elements to attempt to reasonably verify the identity of each new Customer promptly before or after each corresponding new account is opened. Methods of verification may consist of non-documentary methods (for which PFPC may use unaffiliated information vendors to assist with such verifications) and documentary methods (as permitted by 31 CFR 103.131), and may include procedures under which PFPC personnel perform enhanced due diligence to verify the identities of Customers the identities of whom were not successfully verified through the first-level (which will typically be reliance on results obtained from an information vendor) verification process(es). (iiiii) Record the Data Elements and maintain records relating to verification of new Customers consistent with 31 CFR 103.131(b)(3). (iiiiv) Determine whether any Customer's ’s name appears on a list of known or suspected terrorists or terrorist organizations designated by the Department of the Treasury, if any, consistent with 31 CFR 103.131(b)(4). (ivv) Regularly report to the Fund about measures taken under (i)-(iv) above. (vvi) If PFPC provides services by which prospective Customers may subscribe for shares in the Fund via the Internet or telephone, work with the Fund to notify prospective Customers, consistent with 31 CFR 103.131(b)(5), about the Fund's ’s Customer Identification Program. (vivii) Annually, or upon the Fund's ’s reasonable request, certify that PFPC continues to implement its duties set forth under this Section 23{a23(a). (b) Notwithstanding anything in this Agreement or otherwise to the contrary, and without expanding the scope of the express language set forth above in Section 23(a), PFPC need not collect the Data Elements for (or verify) prospective customers (or accounts) beyond the requirements of relevant customer identification program regulations (for example, PFPC will not verify customers opening accounts through NSCC) and PFPC need not perform any task that need not be performed for the Fund to be in compliance with relevant customer identification program regulations. (c) Notwithstanding anything in this Agreement or otherwise to the contrary, PFPC need not perform any of the steps described above in this Section 23 with respect to persons purchasing Shares via exchange privileges. (d) The Fund shall provide PFPC with the Fund's ’s Anti-Money Laundering Policy adopted by the Fund's Board of Trustees on September 10dated April 23, 2004 2002 (as well as any supplements or amendments thereto) and the Fund's ’s Customer Identification Program adopted by the Fund's Board of Trustees on dated September 10,2004 30, 2003 (as well as any supplements or amendments thereto).

Customer Identification Program Services. (a} ) To help the Fund comply with its Customer Identification Program (which the Fund is required to have under regulations issued under Section 326 of the USA PATRIOT Act) PFPC will do the following: (a) Implement procedures under which new accounts in the Portfolios are not established unless PFPC has obtained the name, date of birth (for natural persons only), address and taxpayer identification number (for United States persons) or taxpayer identification number, passport number and country of issuance, alien identification card number and country of issuance or any other government-issued document evidencing nationality or residence (collectively, the "Data Elements") for each corresponding "Customer" (as defined in 31 CFR 103.131). (i) Use collected Data Elements to attempt to reasonably verify the identity of each new Customer promptly before or after each corresponding new account is opened. Methods of verification may consist of non-documentary methods (for which PFPC may use unaffiliated information vendors to assist with such verifications) and documentary methods (as permitted by 31 CFR 103.131), and may include procedures under which PFPC personnel perform enhanced due diligence to verify the identities of Customers the identities of whom were not successfully verified through the first-level (which will typically be reliance on results obtained from an information vendor) verification process(es). (ii) Record the Data Elements and maintain records relating to verification of new Customers consistent with 31 CFR 103.131(b)(3). (iii) Determine whether any Customer's name appears on a list of known or suspected terrorists or terrorist organizations designated by the Department of the Treasury, if any, consistent with 31 CFR 103.131(b)(4). (iv) Regularly report to the Fund about measures taken under (i)-(iv) above. (v) If PFPC provides services by which prospective Customers may subscribe for shares in the Fund via the Internet or telephone, work with the Fund to notify prospective Customers, consistent with 31 CFR 103.131(b)(5), about the Fund's Customer Identification Program. (vi) Annually, or upon the Fund's reasonable request, certify that PFPC continues to implement its duties set forth under this Section 23{a23(a). (b) Notwithstanding anything in this Agreement or otherwise to the contrary, and without expanding the scope of the express language set forth above in Section 23(a), PFPC need not collect the Data Elements for (or verify) prospective customers (or accounts) beyond the requirements of relevant customer identification program regulations (for example, PFPC will not verify customers opening accounts through NSCC) and PFPC need not perform any task that need not be performed for the Fund to be in compliance with relevant customer identification program regulations. (ca) Notwithstanding anything in this Agreement or otherwise to the contrary, PFPC need not perform any of the steps described above in this Section 23 with respect to persons purchasing Shares via exchange privileges. (dc) The Fund shall provide PFPC with the Fund's Anti-Money Laundering Policy adopted by the Fund's Board of Trustees on September 10, 2004 (as well as any supplements or amendments thereto) and the Fund's Customer Identification Program adopted by the Fund's Board of Trustees on September 10,2004 10, 2004 (as well as any supplements or amendments thereto).

Customer Identification Program Services. As of the Effective Date, the Agreement shall (a} without any further action by either of the parties hereto) be amended by the addition of the following new provision: "Customer Identification Program Services. To help the Fund comply with its Customer Identification Program ("CIP") (which the Fund is required to have under regulations issued under Section 326 of the USA PATRIOT PATROIT Act) ), PFPC will do the following: (a) Implement procedures under which new accounts in the Portfolios Fund are not established unless PFPC has obtained the name, date of birth (for natural persons only), address and taxpayer identification number (for United States persons) or taxpayer identification number, passport number and country of issuance, alien identification card number and country of issuance or any other government-issued document evidencing nationality or residence identification number (collectively, the "Data ElementsDATA ELEMENTS") for each corresponding "Customer" CUSTOMER (as defined in 31 CFR 103.131). (ib) Use collected Data Elements to attempt to reasonably verify the identity of each new Customer promptly before or after each corresponding new account is opened. Methods of verification may consist of non-documentary methods (for which PFPC may use unaffiliated information vendors to assist with such verifications) and documentary methods (as permitted by 31 CFR 103.131), and may include procedures under which PFPC personnel perform enhanced due diligence to verify the identities of Customers the identities of whom were not successfully verified through the first-level (which will typically be reliance on results obtained from an information vendor) verification process(es). (iic) Record the Data Elements and maintain records relating to verification of new Customers consistent with 31 CFR 103.131(b)(3103.131 (b)(3). (iiid) Determine whether new Customers appear on any Customer's name appears on a list lists of known or suspected terrorists or terrorist organizations designated provided by the Department of the Treasury, if any, any government agency consistent with 31 CFR 103.131(b)(4103.131 (b)(4). (ive) Regularly report to the Fund about measures taken under (i)-(iva)-(d) above. (vf) If PFPC provides services by which prospective Customers may subscribe for shares in the Fund via the Internet or telephone, work with the Fund to notify prospective Customers, consistent with 31 CFR 103.131(b)(5), about the Fund's Customer Identification ProgramCIP. (vig) Annually, or upon the Fund's reasonable request, certify that Set forth on a separate fee schedule compensation amounts due to PFPC continues to implement its duties set forth under this Section 23{a). (b) for providing these CIP Services. Notwithstanding anything in this Agreement or otherwise to the contrary, and without expanding the scope of the express language set forth above in Section 23(a)above, PFPC need not collect the Data Elements for (or verify) prospective customers Customers (or accounts) beyond the requirements of relevant customer identification program regulations (for example, PFPC will not verify customers Customers opening accounts through NSCC) and PFPC need not perform any task that need not be performed for the Fund to be in compliance with relevant customer identification program regulations. (c) Notwithstanding anything in this Agreement or otherwise to the contrary, . The Fund on behalf of each of its investment portfolios hereby agrees that PFPC need not perform any of the steps described (a)-(g) above in this Section 23 with respect to persons purchasing Shares via exchange privileges. (d) The Fund shall provide PFPC with any subscriber who is then a Customer of any other portfolio of the Fund's Anti. PFPC hereby represents and warrants that (i) it has implemented an anti-Money Laundering Policy adopted by money laundering program and (ii) will certify annually to the Fund's Board of Trustees on September 10, 2004 (as well as any supplements or amendments thereto) and Fund that it will perform the Fund's Customer Identification Program adopted by CIP services for the Fund's Board of Trustees on September 10,2004 (as well as any supplements or amendments thereto)Fund described above."

Customer Identification Program Services. (a} ) To help the Fund comply with its Customer Identification Program (which the Fund is required to have under regulations issued under Section 326 of the USA PATRIOT Act) PFPC will do the following: (ai) Implement procedures under which new accounts in the Portfolios are not established unless PFPC has obtained the name, date of birth (for natural persons only), address and taxpayer identification number (for United States persons) or taxpayer identification number, passport number and country of issuance, alien identification card number and country of issuance or any other government-issued document evidencing nationality or residence (collectively, the "Data Elements") for each corresponding "Customer" (as defined in 31 CFR 103.131). (iii) Use collected Data Elements to attempt to reasonably verify the identity of each new Customer promptly before or after each corresponding new account is opened. Methods of verification may consist of non-documentary methods (for which PFPC may use unaffiliated information vendors to assist with such verifications) and documentary methods (as permitted by 31 CFR 103.131), and may include procedures under which PFPC personnel perform enhanced due diligence to verify the identities of Customers the identities of whom were not successfully verified through the first-level (which will typically be reliance on results obtained from an information vendor) verification process(es). (iiiii) Record the Data Elements and maintain records relating to verification of new Customers consistent with 31 CFR 103.131(b)(3). (iiiiv) Determine whether any Customer's name appears on a list of known or suspected terrorists or terrorist organizations designated by the Department of the Treasury, if any, consistent with 31 CFR 103.131(b)(4). (ivv) Regularly report to the Fund about measures taken under (i)-(iv) above. (vvi) If PFPC provides services by which prospective Customers may subscribe for shares in the Fund via the Internet or telephone, work with the Fund to notify prospective Customers, consistent with 31 CFR 103.131(b)(5), about the Fund's Customer Identification Program. (vivii) Annually, or upon the Fund's reasonable request, certify that PFPC continues to implement its duties set forth under this Section 23{a23(a). (b) Notwithstanding anything in this Agreement or otherwise to the contrary, and without expanding the scope of the express language set forth above in Section 23(a), PFPC need not collect the Data Elements for (or verify) prospective customers (or accounts) beyond the requirements of relevant customer identification program regulations (for example, PFPC will not verify customers opening accounts through NSCC) and PFPC need not perform any task that need not be performed for the Fund to be in compliance with relevant customer identification program regulations. (c) Notwithstanding anything in this Agreement or otherwise to the contrary, PFPC need not perform any of the steps described above in this Section 23 with respect to persons purchasing Shares via exchange privileges. (d) The Fund shall provide PFPC with the Fund's Anti-Money Laundering Policy adopted by the Fund's Board of Trustees on September 10dated April 23, 2004 2002 (as well as any supplements or amendments thereto) and the Fund's Customer Identification Program adopted by the Fund's Board of Trustees on dated September 10,2004 30, 2003 (as well as any supplements or amendments thereto).