Common use of Delivery of Securities Clause in Contracts

Delivery of Securities. The Custodian shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio Fund held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of from the applicable PortfolioFund, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent (“Transfer Agent”) for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio(“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi15) In For delivery of initial or variation margin in connection with trading in futures and options on futures contracts entered into by the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; andFund; (xvii16) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio Fund, specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made; and; 17) Upon termination of the Contract.

Delivery of Securities. The Custodian Except as otherwise provided in Subsection 3.5 hereof, the Custodian, upon receipt of Proper Instructions, shall release and deliver Domestic Securities owned by a Portfolio Fund and held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following casescases or as otherwise directed in Proper Instructions: (ia) Upon except as otherwise provided herein, upon sale of such securities Securities for the account of the Portfolio Fund and receipt by the Custodian, a Subcustodian or a Foreign Custodian of payment therefor; (iib) Upon upon the receipt of payment by the Custodian, a Subcustodian or a Foreign Custodian in connection with any repurchase agreement related to such securities Securities entered into by the PortfolioFund; (iiic) In in the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 Subsection 3.8 hereof; (ivd) To the depository to a tender agent or other authorized agent in connection with (i) a tender or other similar offers offer for securities Securities owned by the Fund, or (ii) a tender offer or repurchase by the Fund of the Portfolioits own Shares; (ve) To to the issuer thereof or its agent when such securities Securities are called, redeemed, retired or otherwise become payable; provided thatprovided, that in any such case, the cash or other consideration is to be delivered to the Custodian, a Subcustodian or a Foreign Custodian; (vif) To to the issuer thereof, or its agent, for transfer into the name or nominee name of the Portfolio or into Fund, the name of any or nominee or nominees name of the Custodian or into Custodian, the name or nominee name of any agent Subcustodian or any sub-custodian appointed pursuant to Section 2.6Foreign Custodian; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities Securities are to be delivered to the Custodian, a Subcustodian or Foreign Custodian; (viig) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, selling the same for examination in accordance with “the "street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viiih) For for exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, or reorganization or readjustment of the securities of the issuer of such securitiesSecurities, or pursuant to provisions for a conversion contained in of such securities, or pursuant to any deposit agreementSecurities; provided that, in any such case, the new securities Securities and cash, if any, are to be delivered to the CustodianCustodian or a Subcustodian; (ixi) In in the case of warrants, rights or similar securities, the surrender thereof in connection with the exercise of such warrants, rights or similar securities Securities or the surrender of interim receipts or temporary securities Securities for definitive securitiesSecurities; provided that, in any such case, the new securities Securities and cash, if any, are to be delivered to the Custodian, a subcustodian or a Foreign Custodian; (xj) For for delivery in connection with any loans of securities Securities made by the Portfolio (A) Fund, but only against receipt by the Custodian, a Subcustodian or a Foreign Custodian of adequate collateral as agreed from time to time determined by the Fund on behalf (and identified in Proper Instructions communicated to the Custodian), which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the account of the Custodian’s account , a Subcustodian or a Foreign Custodian in the Federal Reserve's book-entry system authorized by the U.S. Department of the Treasurysecurities system, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities Securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xik) For for delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt by the Custodian, a Subcustodian or a Foreign Custodian of such Portfolioamounts borrowed; (xiil) For for delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian, a Subcustodian or a Foreign Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation registered clearing corporations and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiiim) For for delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, a Subcustodian or a Foreign Custodian and a futures commission merchant registered under the CEAmerchant, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xivn) Upon upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such the Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, kind in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xviio) For for any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf Proper Instructions, and a certified copy of a resolution of the applicable Portfolio Board or of the Executive Committee certified by the Secretary or an Assistant Secretary of the Fund, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio under a securities lending agreement (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Written Instructions (which may or may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund); (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASDFINRA, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a such Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a such Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b)), as set forth in written Proper Written Instructions, provided that such Proper Written Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions or redemptions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the a Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, or in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions (other than those actions which are expressly permitted to be taken without Proper Instructions under Section 2.7 hereof) on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon sale of such securities for the account of the Portfolio and receipt of payment therefortherefor as provided in this Agreement; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of under a securities owned by the Portfolio prior to the receipt of such collateral or (B) lending agreement to the lending agent, or the lending agent’s custodian, in accordance with written Proper Written Instructions (which provided that the applicable Fund executes such agreement as the Custodian may not provide for the receipt reasonably require in connection with such arrangement, in such form as shall be reasonably negotiated by the Custodian of collateral therefor) agreed upon from time to time by Custodian, the Custodian lending agent and the applicable Fund); (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASDdealer, relating to compliance with the rules of The Options Clearing Corporation and or of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a such Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEAmerchant, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a such Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b)), as set forth in written Proper Written Instructions, provided that such Proper Written Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for For delivery to such the Portfolio’s Transfer Agent or to the holders of Shares in connection with distributions or redemptions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, kind in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities Domestic Securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by a Fund on behalf of a Portfolio to the a third-party lending agent, or the lending agent’s 's custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the a Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv16) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the "Transfer Agent Agent") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.14 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio and held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian, which account shall not include any assets of the Custodian other than assets held as a fiduciary, custodian or otherwise for its customers ("U.S. Securities System Account") or in an the Custodian's Direct Paper book-entry system account, which account at shall not include any assets of the Underlying Transfer AgentCustodian other than assets held as a fiduciary, custodian or otherwise for its customers ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that that, in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the 's U.S. Department of the TreasurySecurities System Account, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, but only against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the "Transfer Agent Agent"), for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the Fund's currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper corporate purpose, but only upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a certified copy of a resolution of the Board of Trustees or of the executive committee thereof signed by an officer of the Fund and certified by the Fund's Secretary or Assistant Secretary specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian’s Direct Paper book entry system account at the Underlying Transfer Agent, (“Direct Paper System Account”) only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, but only against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the The National Association of Securities Dealers, Inc. (“NASD”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s transfer agent for the Fund (“Transfer Agent Agent”), for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio (“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For delivery of initial or variation margin in connection with trading in futures and options on futures contracts entered into by the Fund on behalf of a Portfolio; and 16) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund Fund, on behalf of the applicable Portfolio Portfolio, specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by a Fund on behalf of a Portfolio to the a third-party lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the a Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the The National Association of Securities Dealers, Inc. (“NASD”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv16) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.14 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by a Fund on behalf of a Portfolio to the a third-party lending agent, or the lending agent’s 's custodian, in accordance with written Proper Instructions (which may or may not provide for the receipt by the Custodian of collateral therefor) ), as agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the a Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv16) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the "Transfer Agent Agent") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.14 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.such

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may need not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s 's custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s 's Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and and/or cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and and/or cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund or the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian agrees to transfer, exchange or deliver Securities as provided in Article 7, or on receipt by it of, and in accordance with, a Written Order from the Fund in which the Fund shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, in a U.S. Clearing System account state specifically which of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following casescases is covered thereby: (ia) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of deliveries of Securities sold by the Fund, against receipt by the Custodian of the proceeds of sale and after receipt of a sale effected through confirmation from a U.S. Clearing Systembroker or dealer (or, in accordance with industry practice with respect to "same day trades," acceptance of delivery of such securities by the provisions of Section 3.5 hereofbroker or dealer, which acceptance is followed up by confirmation thereof within the normal settlement period) with respect to the transaction; (ivb) To in the depository agent in connection with tender case of deliveries of Securities which may mature or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are be called, redeemed, retired or otherwise become payable; provided that, in any such case, against receipt by the cash Custodian of the sums payable thereon or against interim receipts or other consideration is proper delivery receipts; (c) in the case of deliveries of Securities which are to be transferred to and registered in the name of the Fund or of a nominee of the Custodian and delivered to the Custodian for the account of the Series, against receipt by the Custodian of interim receipts or other proper delivery receipts; (d) in the case of deliveries of Securities to the issuer thereof, its transfer agent or other proper agent, or to any committee or other organization for exchange for other Securities to be delivered to the CustodianCustodian in connection with a reorganization or recapitalization of the issuer or any split-up or similar transaction involving such Securities, against receipt by the Custodian of such other Securities or against interim receipts or other proper delivery receipts; (vie) To in the issuer thereofcase of deliveries of temporary certificates in exchange for permanent certificates, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of against receipt by the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, such permanent certificates or against interim receipts or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodianproper delivery receipts; (viif) Upon in the sale case of deliveries of Securities upon conversion thereof into other Securities, against receipt by the Custodian of such securities for the account of the Portfolio, to the broker other Securities or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility interim receipts or liability for any loss arising from the other proper delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconductreceipts; (viiig) For in the case of deliveries of Securities in exchange for other Securities (whether or conversion pursuant to any plan not such transactions also involve the receipt or payment of mergercash), consolidation, recapitalization, reorganization or readjustment of against receipt by the securities of the issuer Custodian of such securities, other Securities or pursuant to provisions for conversion contained in such securities, against interim receipts or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodianother proper delivery receipts; (ixh) In in the case of warrants, rights or similar securitiesSecurities, the surrender thereof in the exercise of such warrants, rights or similar securities Securities or the surrender of interim receipts or temporary securities Securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the CustodianSecurities; (xi) For for delivery in connection with any loans of securities made by the Portfolio (A) Fund for the benefit of any Series, but only against receipt of adequate collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xij) For for delivery as security in connection with any borrowing borrowings by a the Fund on behalf for the benefit of a Portfolio any Series requiring a pledge of assets by from the Fund on behalf applicable Series, but only against receipt of such Portfolioamounts borrowed; (xiik) For for delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a bank, broker-dealer registered under the 1934 Act and a member of the NASD, or futures commission merchant relating to compliance with the applicable rules of The Options Clearing Corporation and of any registered national securities exchangeregulations regarding account deposits, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf for the benefit of a Portfolioany Series; (xiiil) For delivery in accordance with a case not covered by the provisions preceding paragraphs of any agreement among this Article, upon receipt of a Fund on behalf resolution adopted by the Board of Directors of the PortfolioFund, signed by an officer of the Fund and certified to by the Secretary, specifying the Securities and assets to be transferred, exchanged or delivered, the Custodianpurposes for which such delivery is being made, declaring such purposes to be proper corporate purposes, and naming a futures commission merchant registered under the CEA, relating to compliance with the rules person or persons (each of whom shall be a properly bonded officer or employee of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(sFund) to whom such transfer, exchange or delivery of such securities shall is to be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xviim) For any other proper purposein the case of deliveries pursuant to paragraphs (a) through (k) above, but only upon receipt of Special Instructions the Written Order from the Fund on behalf shall direct that the proceeds of the applicable Portfolio specifying (A) the securities any Securities delivered, or Securities or other assets exchanged for or in lieu of the Portfolio Securities so delivered, are to be delivered and (B) to the person(s) to whom delivery of such securities shall be madeCustodian.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by a Fund on behalf of a Portfolio to the a third-party lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the a Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv16) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.14 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.62.7 or into the name or nominee name of any sub‑custodian appointed pursuant to Section 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry book‑entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may need not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer broker‑dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio Fund (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfoliocollateral, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s 's custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by a Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant to Section 2.6(bofficer of such Fund, for the purpose of engaging in repurchase agreement transaction(s), each a "Repo Custodian"), and prior to receipt of payment therefor, only as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a "Free Trade"), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the "Transfer Agent Agent") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund's currently effective prospectus and statement of additional information of (the Fund related to the Portfolio"Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption;; and (xvi16) In the case of a sale processed through the Underlying Transfer Agent for or Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; and; (xvii17) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon the sale of such securities for the account of a Fund in accordance with customary or established market practices and procedures, including, without limitation, delivery to the Portfolio and receipt purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolioa Fund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio a Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolioa Fund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio a Fund (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolioa Fund, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio a Fund prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the a Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolioa Fund; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolioa Fund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”), and a member of the NASDThe Financial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the a Fund or a Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioFund (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by a Fund; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the a Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio Fund to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio ("Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper corporate purpose, but only BUT ONLY upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a certified copy of a resolution of the Board of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence negligence, negligent failure to act or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and statement of additional information of (the Fund related to the Portfolio“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; 17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Company held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon the sale of such securities for the account of the Portfolio Company and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioCompany; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for portfolio securities of owned by the PortfolioCompany; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Company or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided provided, that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioCompany, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi10) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio the Company requiring a pledge of assets by the Fund on behalf Company provided, however, that securities shall be released only upon payment to the Company of such Portfoliothe monies borrowed, except that in cases where additional collateral is required to secure a borrowing already made subject to proper prior authorization, further securities may be released for that purpose upon receipt of Proper Instructions; (xii11) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioCompany, the Custodian and a broker-dealer registered under the 1934 Act and which is a member of the NASDThe Financial Industry Regulatory Authority, Inc. (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioCompany; (xiii12) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioCompany, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioCompany; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv13) Upon receipt of instructions from the Fund’s transfer agent or registrar of the Company, if any (“Transfer Agent Agent”), or from the Company, if there is no such Transfer Agent, for delivery to such Transfer Agent or to the holders of Shares shares of the Company’s common stock (“Shares”) in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemptionredemption by the Company; (xvi14) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.11 hereof; 15) For delivery to a broker in connection with the broker’s custody of margin collateral relating to futures or options on futures contracts; and (xvii16) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such PortfolioPortfolio but only against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xy) the securities of the Portfolio to be delivered and (yz) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Trust held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Trust and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioTrust; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for portfolio securities of the PortfolioTrust; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Trust or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided provided, that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioTrust, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own gross negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio Trust, (Aa) against receipt of collateral as agreed upon from time to time by the Fund on behalf of the PortfolioTrust, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Trust prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundTrust; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio the Trust requiring a pledge of assets by the Fund on behalf of such PortfolioTrust; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioTrust, the Custodian and a broker-dealer registered under the 1934 Act and which is a member of the NASDThe Financial Regulatory Authority (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioTrust; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioTrust, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioTrust; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Trust, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of Nuveen Commodities Asset Management, LLC, acting as the manager of the Trust (the “Manager”), for the purpose of engaging in repurchase agreement transaction(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, if any, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Trust to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent or registrar of the Trust, if any (“Transfer Agent Agent”), or from the Trust, if there is no such Transfer Agent, for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemptionwithdrawal of their Shares; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Trust; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("DIRECT PAPER SYSTEM ACCOUNT") only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "EXCHANGE ACT") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s Transfer Agent transfer agent for the Fund (the "TRANSFER AGENT") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "PROSPECTUS"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper purpose, but only BUT ONLY upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a copy of a resolution of the Board or of the Executive Committee thereof signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary thereof (a "CERTIFIED RESOLUTION"), specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper trust purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and statement of additional information of (the Fund related to the Portfolio“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; 17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. (a) Delivery of Securities to the Custodian shall be in Street Name or other good delivery form. (b) The Custodian shall release and deliver Domestic deliver, or direct its agents or sub-custodians to release and deliver, as the case may be, Securities owned by a Portfolio of the Company held by the Custodian, in a U.S. Clearing System account of the Custodian its agents or in an account at the Underlying Transfer Agent, only its sub-custodians from time to time upon receipt of Proper Instructions on behalf of (which shall, among other things specify the applicable PortfolioSecurities to be released, with such delivery and other information as may be necessary to enable the Custodian to perform), which may be continuing standing instructions when deemed appropriate by (in form acceptable to the parties, and only Custodian) in the following cases: (i) Upon upon sale of such securities for the account Securities by or on behalf of the Portfolio Company and, unless otherwise directed by Proper Instructions: (A) in accordance with the customary or established practices and receipt procedures in the jurisdiction or market where the transactions occur, including delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; or (B) in the case of a sale effected through a Securities System, in accordance with the rules governing the operations of the securities System; (ii) Upon upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfoliosecurities; (iii) In to the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository depositary agent in connection with tender or other similar offers for securities of the Portfoliosecurities; (viv) To to the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such casepayable (unless otherwise directed by Proper Instructions, the cash or other consideration is to be delivered to the Custodian, its agents or its sub-custodians); (viv) To the to an issuer thereof, or its agent, for transfer into the name of the Portfolio Custodian or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent of its agents or any sub-custodian appointed pursuant to Section 2.6; custodians or their nominees or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, ; (vi) to brokers clearing banks or other clearing agents for examination in any such case, accordance with the new securities are to be delivered to the CustodianStreet Delivery Custom; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such caseagreement (unless otherwise directed by Proper Instructions, the new securities and cash, if any, are to be delivered to the Custodian, its agents or its sub-custodians); (ixviii) In in the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such casesecurities (unless otherwise directed by Proper Instructions, the new securities and cash, if any, are to be delivered to the Custodian;, its agents or its sub-custodians); and/or (xix) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Proper Instructions from specifying the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Securities to be delivered and (B) naming the person(s) Person or Persons to whom delivery of such securities Securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in the Custodian's Direct Paper book entry system account ("Direct Paper System Account") or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, but only against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio ("Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi15) In the case of a sale processed through the Underlying Transfer Agent for the Underlying Fund Shares, in accordance with Section 3.7 2.10A hereof; and (xvii16) For any other proper corporate purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioFund, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, Fund to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio Fund (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the PortfolioFund, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such PortfolioFund; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to (the Portfolio“Prospectus”) or other Fund document, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio Fund to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio ("Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper corporate purpose, but only BUT ONLY upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a certified copy of a resolution of the Board of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence negligence, bad faith or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and statement of additional information of (the Fund related to the Portfolio“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi15) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; 16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii17) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("DIRECT PAPER SYSTEM ACCOUNT") only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "EXCHANGE ACT") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s Transfer Agent transfer agent for the Fund (the "TRANSFER AGENT") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "PROSPECTUS"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper purpose, but only BUT ONLY upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures including those customarily utilized for beneficial holders which are U.S. registered investment companies, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities securities, except as may arise from the Custodian’s own negligence negligence, bad faith, or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund on behalf of a Portfolio, but only against receipt of collateral as agreed upon from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible under this Agreement for the delivery of securities owned by the Portfolio prior to the receipt of such collateral collateral, except as may arise from the Custodian’s own negligence, bad faith, or (Bwillful misconduct; 11) For delivery in connection with any loans of securities made by the Fund on behalf of a Portfolio to the a third party lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii13) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Securities Exchange Act of 1934, as amended from time to time (the “Exchange Act”), and a member of The National Association of Securities Dealers, Inc. (the “NASD”), relating to compliance with the rules of The Options Clearing Corporation, Fixed Income Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a the Portfolio; (xiii14) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a the Portfolio; (xiv15) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund on behalf of the Portfolio, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) entity or entities to whom delivery of such securities shall be made; (xv16) Upon If the Fund permits redemptions “in kind”, upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus prospectus(es) and statement statement(s) of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.11 hereof; 18) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii19) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence negligence, bad faith or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities owned by a Portfolio held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) In the case of a sale effected through a U.S. Clearing System, in accordance with the provisions of Section 3.5 hereof; (iv) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent or any sub-custodian appointed pursuant to Section 2.6; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, agent or the lending agent’s its custodian, all in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundInstructions; (xi) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEA, relating to compliance with the rules of the CFTC and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) For any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) the person(s) to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence negligence, bad faith or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio Portfolio, but only (Aa) against receipt of collateral as agreed upon from time to time by the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which the Custodian is instructed to make delivery without receipt of such collateral or for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of such securities owned by the Portfolio without or prior to the receipt of such collateral if it receives Proper Instructions to do so or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing borrowings by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in in, connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.7(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the transfer agent (“Transfer Agent”) for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio (“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.12 hereof; and; (xvii17) For delivery of initial or variation margin in connection with trading in futures and options on futures contracts entered into by the Fund on behalf of a Portfolio; 18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund Fund, on behalf of the applicable Portfolio Portfolio, specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence negligence, fraud, bad faith or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and statement of additional information of (the Fund related to the Portfolio“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; 17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and statement of additional information of (the Fund related to the Portfolio“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi15) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; 16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii17) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book-entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for portfolio securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the Fund's currently effective prospectus and statement of additional information of the Fund related to the Portfolio("prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper corporate purpose, but only upon receipt of, in addition to Proper Instructions, a certified copy of Special Instructions from a resolution of the Board of Directors or of the Executive Committee signed by an officer of the Fund on behalf of and certified by the applicable Portfolio Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the 1934 Securities Exchange Act of 1934, as amended (the “Exchange Act”), and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities securities owned by a Portfolio the Fund held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for portfolio securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-broker- dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii14) For any other proper corporate purpose, but only upon receipt of, in addition to Proper Instructions, a certified copy of Special Instructions from a resolution of the Board of Directors or of the Executive Committee signed by an officer of the Fund on behalf of and certified by the applicable Portfolio Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Sub-Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Sub-Custodian or in a U.S. Clearing Securities System account of the Sub-Custodian or in an the Sub-Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Sub-Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Sub-Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Sub-Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Sub-Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Sub-Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Sub-Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Sub-Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of adequate collateral as agreed upon from time to time by the Sub-Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Sub-Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Sub-Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Sub-Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Sub-Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio ("Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper corporate purpose, but only BUT ONLY upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a certified copy of a resolution of the Board of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio Fund (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfoliocollateral, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s 's custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "EXCHANGE ACT") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by a Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant to Section 2.6(bofficer of such Fund, for the purpose of engaging in repurchase agreement transaction(s), each a "REPO CUSTODIAN"), and prior to receipt of payment therefor, only as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a "FREE TRADE"), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s Transfer Agent transfer agent for the Fund (the "TRANSFER AGENT") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund's currently effective prospectus and statement of additional information of (the Fund related to the Portfolio"PROSPECTUS"), in satisfaction of requests by holders of Shares for repurchase or redemption;; and (xvi16) In the case of a sale processed through the Underlying Transfer Agent for or Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; and; (xvii17) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence negligence, fraud, bad faith or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; 10) (xa) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio Fund to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and registration statement of additional information of (the Fund related to the Portfolio“Registration Statement”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund; 17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by a Fund on behalf of a Portfolio to the a third-party lending agent, or the lending agent’s 's custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the a Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "EXCHANGE ACT") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv16) Upon receipt of instructions from the Fund’s Transfer Agent transfer agent for the Fund (the "TRANSFER AGENT") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "PROSPECTUS"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.14 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) 1. Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii) 2. Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii) 3. In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv) 4. To the depository agent in connection with tender or other similar offers for securities of the PortfolioPortfolios; (v) 5. To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi) 6. To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii) 7. Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8. For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian;. (ix) 9. In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian;. (x) 10. For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi) 11. For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, but only against receipt of amounts borrowed; (xii) 12. For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii) 13. For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) 14. Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio ("Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii) 15. For any other proper corporate purpose, but only upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a certified copy of a resolution of the Board of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper corporate purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book entry system account at the Underlying Transfer Agent, ("DIRECT PAPER SYSTEM ACCOUNT") only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof;, (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of collateral in such form and such amount as agreed from time to time directed by the Fund on behalf of the PortfolioFund, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by unless the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundhas acted with negligence or willful misconduct; (xi11) For delivery as security in connection with any borrowing by a the Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "EXCHANGE ACT") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiii13) For delivery in accordance with the provisions of any agreement among a the Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission ("CFTC") and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a Portfoliothe Fund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the Fund’s Transfer Agent transfer agent for the Fund (the "TRANSFER AGENT") for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the "PROSPECTUS"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper purpose, but only BUT ONLY upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper trust purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an the Custodian's Direct Paper book-entry system account at the Underlying Transfer Agent, ("Direct Paper System") only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for portfolio securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the Fund's currently effective prospectus and statement of additional information of the Fund related to the Portfolio("prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper business purpose, but only upon receipt of, in addition to Proper Instructions, a certified copy of Special Instructions from a resolution of the Board of Directors/Trustees or of the Executive Committee signed by an officer of the Fund on behalf of and certified by the applicable Portfolio Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper business purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions from Fund on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the partiesParties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; and in the case of repurchases that are effected through a U.S. Securities System, subject to the requirements of Section 2.10 hereof; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.10 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.9 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.6Article 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided PROVIDED that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “"street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s 's own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, BUT ONLY against receipt of adequate collateral as agreed upon from time to time by the Custodian and Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s 's account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xi11) For delivery as security in connection with any borrowing borrowings by a Fund on behalf of a the Portfolio requiring a pledge of assets by the Fund on behalf of such the Portfolio, BUT ONLY against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the "Exchange Act") and a member of the The National Association of Securities Dealers, Inc. ("NASD"), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf Portfolio of a PortfolioFund; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract marketContract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf Portfolio of a PortfolioFund; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv14) Upon receipt of instructions from the transfer agent ("Transfer Agent") for Fund’s Transfer Agent , for delivery to such Transfer Agent or to the holders of Shares shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund Fund, related to the PortfolioPortfolio ("Prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xvii15) For any other proper corporate purpose, but only BUT ONLY upon receipt of Special of, in addition to Proper Instructions from the Fund on behalf of the applicable Portfolio Portfolio, a certified copy of a resolution of the Board of Directors or of the Executive Committee of the Board signed by an officer of Fund and certified by the Secretary or an Assistant Secretary, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper Fund purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made. In delivering any securities pursuant to this Section 2.2, Custodian shall credit to the account of the Portfolio which held such securities the cash or other property received therefor, except to the extent that Custodian may be instructed otherwise by certified resolution meeting the requirements of paragraph (15) of this Section 2.2.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (Aa) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bb) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi11) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such PortfolioPortfolio but only against receipt of amounts borrowed; (xii12) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority, Inc. (“FINRA,” formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii13) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (the “CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv14) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub(a) Special Sub-Custodians or (b) additional custodians appointed by the Fund, and communicated to the Custodian from time to time via a writing duly executed by an authorized pursuant officer of the Fund, for the purpose of engaging in repurchase agreement transactions(s), each a “Repo Custodian”), and prior to Section 2.6(b)receipt of payment therefor, as set forth in written Proper InstructionsInstructions (such delivery in advance of payment, along with payment in advance of delivery made in accordance with Section 2.6(7), as applicable, shall each be referred to herein as a “Free Trade”), provided that such Proper Instructions shall set forth (xa) the securities of the Portfolio to be delivered and (yb) the person(s) to whom delivery of such securities shall be made; (xv15) Upon receipt of instructions from the Fund’s transfer agent (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi16) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.10 hereof; 17) For delivery as initial or variation margin in connection with futures or options on futures contracts entered into by the Fund on behalf of the Portfolio; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Portfolio; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.9 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the Portfolio; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Portfolio, but only against receipt of adequate collateral as agreed upon from time to time by the Custodian and the Fund on behalf of the Portfolio, which may be in the form of cash or obligations issued by the United States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by a Fund on behalf of a Portfolio to the a third-party lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the FundFund on behalf of the Portfolio; (xi12) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf of such Portfolio, but only against receipt of amounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the a Fund on behalf of the a Portfolio, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the The National Association of Securities Dealers, Inc. (“NASD”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a Portfolio; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the a Portfolio, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a Portfolio; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv16) Upon receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the PortfolioPortfolio (the “Prospectus ”), in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi17) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.14 hereof; and (xvii18) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Fund held by the Custodian, in a U.S. Clearing Securities System account of the Custodian Custodian, or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon sale of such securities for the account of the Portfolio Fund in accordance with customary or established market practices and receipt procedures, including, without limitation, delivery to the purchaser thereof or to a dealer therefor (or an agent of payment thereforsuch purchaser or dealer) against expectation of receiving later payment; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioFund; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for securities of the PortfolioFund; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 hereof or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61 hereof; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioFund, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x10) For delivery in connection with any loans of securities made by the Portfolio (A) Fund, but only against receipt of adequate collateral as agreed upon from time to time by the Fund on behalf Custodian and the Fund, which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities owned by the Portfolio Fund prior to the receipt of such collateral or (Bcollateral; 11) For delivery in connection with any loans of securities made by the Fund to the a third party lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may or may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi12) For delivery as initial or variation margin in connection with trading in futures and options on futures contracts entered into by the Fund; 13) For delivery as security in connection with any borrowing by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt of such Portfolioamounts borrowed; (xii14) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian and a broker-dealer registered under the Securities Exchange Act of 1934 Act (the “Exchange Act”) and a member of the NASDFinancial Industry Regulatory Authority (“FINRA”, formerly known as The National Association of Securities Dealers, Inc.), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiii15) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, and a futures commission merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xiv16) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon further receipt of instructions from the Fund’s transfer agent for the Fund (the “Transfer Agent Agent”) for delivery to such Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the Fund’s currently effective prospectus and statement of additional information of (the Fund related to the Portfolio“Prospectus”), in satisfaction of requests by holders of Shares for repurchase or redemption; 17) For delivery to one or more co-custodians (xvieach, a “Repo Custodian”) appointed by the Fund and communicated to the Custodian by Proper Instructions, including Schedule D (as may be amended from time to time) attached to this Agreement, duly executed by an authorized officer of the Fund, for the purpose of engaging in repurchase agreement transactions, which delivery may be made without contemporaneous receipt by the Custodian of assets in exchange therefor, and upon which delivery to such Repo Custodian in accordance with Proper Instructions from the Fund, the Custodian shall have no further responsibility or obligation to the Fund as a custodian for the Fund with respect to the securities so delivered (each such delivery, a “Free Trade”), provided that, in preparing reports of monies received or paid out of the Fund or of assets comprising the Fund, the Custodian shall be entitled to rely upon information received from time to time from the Repo Custodian and shall not be responsible for the accuracy or completeness of such information included in the Custodian’s reports until such assets are received by the Custodian; 18) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.13 hereof; and (xvii19) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (A) the securities of the Portfolio Fund to be delivered and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian Except as otherwise provided in Subsection 3.5 hereof, the Custodian, upon receipt of Proper Instructions, shall release and deliver Domestic Securities owned by a Portfolio Fund and held by the Custodian, in a U.S. Clearing System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following casescases or as otherwise directed in Proper Instructions: (ia) Upon except as otherwise provided herein, upon sale of such securities Securities for the account of the Portfolio Fund and receipt by the Custodian, a Subcustodian or a Foreign Custodian of payment therefor; (iib) Upon upon the receipt of payment by the Custodian, a Subcustodian or a Foreign Custodian in connection with any repurchase agreement related to such securities Securities entered into by the PortfolioFund; (iiic) In in the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 Subsection 3.8 hereof; (ivd) To the depository to a tender agent or other authorized agent in connection with (i) a tender or other similar offers offer for securities Securities owned by the Fund, or (ii) a tender offer or repurchase by the Fund of the Portfolioits own Shares; (ve) To to the issuer thereof or its agent when such securities Securities are called, redeemed, retired or otherwise become payable; provided thatprovided, that in any such case, the cash or other consideration is to be delivered to the Custodian, a Subcustodian or a Foreign Custodian; (vif) To to the issuer thereof, or its agent, for transfer into the name or nominee name of the Portfolio or into Fund, the name of any or nominee or nominees name of the Custodian or into Custodian, the name or nominee name of any agent Subcustodian or any sub-custodian appointed pursuant to Section 2.6Foreign Custodian; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities Securities are to be delivered to the Custodian, a Subcustodian or Foreign Custodian; (viig) Upon the sale of such securities for the account of the Portfolio, to the broker or its clearing agent, against a receipt, selling the same for examination in accordance with “the "street delivery” " custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viiih) For for exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, or reorganization or readjustment of the securities of the issuer of such securitiesSecurities, or pursuant to provisions for a conversion contained in of such securities, or pursuant to any deposit agreementSecurities; provided that, in any such case, the new securities Securities and cash, if any, are to be delivered to the CustodianCustodian or a Subcustodian; (ixi) In in the case of warrants, rights or similar securities, the surrender thereof in connection with the exercise of such warrants, rights or similar securities Securities or the surrender of interim receipts or temporary securities Securities for definitive securitiesSecurities; provided that, ,in any such case, the new securities Securities and cash, if any, are to be delivered to the Custodian, a subcustodian or a Foreign Custodian; (xj) For for delivery in connection with any loans of securities Securities made by the Portfolio (A) Fund, but only against receipt by the Custodian, a Subcustodian or a Foreign Custodian of adequate collateral as agreed from time to time determined by the Fund on behalf (and identified in Proper Instructions communicated to the Custodian), which may be in the form of cash or obligations issued by the PortfolioUnited States government, its agencies or instrumentalities, except that in connection with any loans for which collateral is to be credited to the account of the Custodian’s account , a Subcustodian or a Foreign Custodian in the Federal Reserve's book-entry system authorized by the U.S. Department of the Treasurysecurities system, the Custodian, in its capacity as custodian hereunder, Custodian will not be held liable or responsible for the delivery of securities Securities owned by the Portfolio Fund prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fundcollateral; (xik) For for delivery as security in connection with any borrowing borrowings by a the Fund on behalf of a Portfolio requiring a pledge of assets by the Fund on behalf Fund, but only against receipt by the Custodian, a Subcustodian or a Foreign Custodian of such Portfolioamounts borrowed; (xiil) For for delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioFund, the Custodian, a Subcustodian or a Foreign Custodian and a broker-dealer registered under the 1934 Act and a member of the NASD, relating to compliance with the rules of The Options Clearing Corporation registered clearing corporations and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioFund; (xiiim) For for delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioFund, the Custodian, a Subcustodian or a Foreign Custodian and a futures commission merchant registered under the CEAmerchant, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioFund; (xivn) Upon upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv) Upon receipt of instructions from the Fund’s Transfer Agent for delivery to such the Transfer Agent or to the holders of Shares in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, kind in satisfaction of requests by holders of Shares for repurchase or redemption; (xvi) In the case of a sale processed through the Underlying Transfer Agent for Underlying Fund Shares, in accordance with Section 3.7 hereof; and (xviio) For for any other proper purpose, but only upon receipt of Special Instructions from the Fund on behalf Proper Instructions, and a certified copy of a resolution of the applicable Portfolio Board or of the Executive Committee certified by the Secretary or an Assistant Secretary of the Fund, specifying (A) the securities of the Portfolio to be delivered delivered, setting forth the purpose for which such delivery is to be made, declaring such purpose to be a proper purpose, and (B) naming the person(s) person or persons to whom delivery of such securities shall be made.

Delivery of Securities. The Custodian shall release and deliver Domestic Securities domestic securities owned by a Portfolio the Company held by the Custodian, Custodian or in a U.S. Clearing Securities System account of the Custodian or in an account at the Underlying Transfer Agent, only upon receipt of Proper Instructions on behalf of the applicable PortfolioInstructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i1) Upon the sale of such securities for the account of the Portfolio Company and receipt of payment therefor; (ii2) Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the PortfolioCompany; (iii3) In the case of a sale effected through a U.S. Clearing Securities System, in accordance with the provisions of Section 3.5 2.8 hereof; (iv4) To the depository agent in connection with tender or other similar offers for portfolio securities of owned by the PortfolioCompany; (v5) To the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian; (vi6) To the issuer thereof, or its agent, for transfer into the name of the Portfolio Company or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.7 or into the name or nominee name of any sub-custodian appointed pursuant to Section 2.61; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided provided, that, in any such case, the new securities are to be delivered to the Custodian; (vii7) Upon the sale of such securities for the account of the PortfolioCompany, to the broker or its clearing agent, against a receipt, for examination in accordance with “street delivery” custom; provided that in any such case, the Custodian shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian’s own negligence or willful misconduct; (viii) 8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the securities of the issuer of such securities, or pursuant to provisions for conversion contained in such securities, or pursuant to any deposit agreement; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (ix9) In the case of warrants, rights or similar securities, the surrender thereof in the exercise of such warrants, rights or similar securities or the surrender of interim receipts or temporary securities for definitive securities; provided that, in any such case, the new securities and cash, if any, are to be delivered to the Custodian; (x) For delivery in connection with any loans of securities made by the Portfolio (A) against receipt of collateral as agreed from time to time by the Fund on behalf of the Portfolio, except that in connection with any loans for which collateral is to be credited to the Custodian’s account in the book-entry system authorized by the U.S. Department of the Treasury, the Custodian, in its capacity as custodian hereunder, will not be held liable or responsible for the delivery of securities owned by the Portfolio prior to the receipt of such collateral or (B) to the lending agent, or the lending agent’s custodian, in accordance with written Proper Instructions (which may not provide for the receipt by the Custodian of collateral therefor) agreed upon from time to time by the Custodian and the Fund; (xi10) For delivery as security in connection with any borrowing by a Fund on behalf of a Portfolio the Company requiring a pledge of assets by the Fund on behalf Company provided, however, that securities shall be released only upon payment to the Company of such Portfoliothe monies borrowed, except that in cases where additional collateral is required to secure a borrowing already made subject to proper prior authorization, further securities may be released for that purpose upon receipt of Proper Instructions; (xii11) For delivery in accordance with the provisions of any agreement among the Fund on behalf of the PortfolioCompany, the Custodian and a broker-dealer registered under the 1934 Act and which is a member of the NASDThe Financial Industry Regulatory Authority, Inc. (“FINRA”), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund on behalf of a PortfolioCompany; (xiii12) For delivery in accordance with the provisions of any agreement among a Fund on behalf of the PortfolioCompany, the Custodian, and a futures commission merchant Futures Commission Merchant registered under the CEACommodity Exchange Act, relating to compliance with the rules of the CFTC Commodity Futures Trading Commission (“CFTC”) and/or any contract market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund on behalf of a PortfolioCompany; (xiv) Upon the sale or other delivery of such investments (including, without limitation, to one or more sub-custodians authorized pursuant to Section 2.6(b), as set forth in written Proper Instructions, provided that such Proper Instructions shall set forth (x) the securities of the Portfolio to be delivered and (y) the person(s) to whom delivery of such securities shall be made; (xv13) Upon receipt of instructions from the Fund’s transfer agent or registrar of the Company, if any (“Transfer Agent Agent”), or from the Company, if there is no such Transfer Agent, for delivery to such Transfer Agent or to the holders of Shares the Company’s common shares of beneficial interest (“Shares”) in connection with distributions in kind, as may be described from time to time in the currently effective prospectus and statement of additional information of the Fund related to the Portfolio, in satisfaction of requests by holders of Shares for repurchase or redemptionredemption by the Company; (xvi14) In the case of a sale processed through the Underlying Transfer Agent for of Underlying Fund Shares, in accordance with Section 3.7 2.11 hereof; 15) For delivery to a broker in connection with the broker’s custody of margin collateral relating to futures or options on futures contracts; and (xvii16) For any other proper purpose, but only upon receipt of Special Proper Instructions from the Fund on behalf of the applicable Portfolio specifying (Aa) the securities of the Portfolio to be delivered and (Bb) the person(s) to whom delivery of such securities shall be made.