Common use of DAZL Product and Services Clause in Contracts

DAZL Product and Services. (a) The Transfer Agent shall, through its proprietary Data Access Zip Link ("DAZL") product, provide the Funds and such financial planners and investment advisors ("FPs") which, pursuant to agreements with the Funds, distribute Shares of the Funds, with online access to the Funds and shareholder account information for the Shareholders of the Funds or such FPs. The Transfer Agent shall provide the Funds will the appropriate documentation and procedures ("DAZL Documentation") to enable the Funds to properly use DAZL. In addition to and as more fully described in the DAZL Documentation, the Transfer Agent shall run and complete data extracts after its nightly cycles in order to provide files to the end user, i.e., financial planner, or direct to firms based upon the profiles that the on-lines designate. (b) In addition to and as may be more fully described in the DAZL Documentation, the Funds have responsibility (i) for setting the FSR on-lines with the appropriate data in order to feed into the DAZL extract; (ii) with respect to those FPs utilizing a third party software vendor to access information through DAZL, ensuring the vendor provides the translation of the DAZL file to the appropriate software package formats; (iii) for the Funds' errors and mistakes in the use of DAZL; (iv) for the Funds' failure to use and employ DAZL in accordance with the procedures and documentation made available by the Transfer Agent; (v) for the Funds' utilization of the control procedures set forth and described in such user documentation; and (vi) the Funds' failure to verify promptly reports or output received through the use of DAZL.