Common use of Daily Transmission of Information to Custodian Clause in Contracts

Daily Transmission of Information to Custodian. In connection with any purchase and sale of securities or other instruments for the Allocated Portion, the Sub-Adviser will arrange for the transmission to the Fund’s Custodian on a daily basis such confirmation, trade tickets, and other documents and information, including, but not limited to, CUSIP, Sedol, or other numbers that identify the securities or other instruments to be purchased or sold (other than those sold to achieve short exposure) on behalf of the Allocated Portion, as may be reasonably necessary to enable the Custodian to perform its custodial, administrative and recordkeeping responsibilities with respect to the Fund. The Sub-Adviser shall also provide appropriate documentation to the prime brokers used by the Fund in respect of securities sold short (or bought to cover trades) made for the Allocated Portion. Copies of such trade tickets, and other documents and information shall be timely provided to the Administrator. With respect to securities or other instruments to be settled through the Fund’s Custodian, the Sub-Adviser will arrange for the prompt transmission of the confirmation of such trades to the Custodian. The parties acknowledge that the Sub-Adviser is not a custodian of the Fund’s assets and will not take possession or custody of such assets.

Daily Transmission of Information to Custodian. In connection with any purchase and sale of securities or other instruments for the Allocated Portion, the Sub-Adviser will arrange for the transmission to the Fund’s Custodian custodian for the Fund (the “Custodian”) on a daily basis (by the end of the trade date) such confirmation, trade tickets, and other documents and information, including, but not limited to, CUSIP, Sedol, or other numbers that identify the securities or other instruments to be purchased or sold (other than those sold to achieve short exposure) on behalf of the Allocated PortionFund, as may be reasonably necessary to enable the Custodian to perform its custodial, administrative administrative, and recordkeeping responsibilities with respect to the Fund. The Sub-Adviser shall also will arrange to provide appropriate documentation to the prime brokers used by the Fund in respect of securities sold short (or bought to cover trades) made for the Allocated Portion. Copies copies of such confirmations, trade tickets, and other documents and information shall be timely provided concurrently to the Administrator. With respect to securities or other instruments to be settled through the Fund’s Custodian, the Sub-Adviser will arrange for the prompt transmission of the confirmation of such trades to the Custodian. The parties acknowledge that the Sub-Adviser is not a custodian of the Fund’s assets and will not take possession or custody of such assets. Sub-Adviser will have no responsibility with respect to the collection of income or the physical acquisition or safekeeping of the assets of the Fund. All such duties shall be the sole obligation of the Custodian.