Common use of Disclaimer of Shareholder and Trustee Liability Clause in Contracts

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 International Bond Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 International Growth Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Select Growth Fund By: /s/ Xxxxxx X. Xxxxxxx ___________________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ ___________________________ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Small- & Mid-Cap Growth Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxx Xxxxxx X. Xxxxxxx Xxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident and Assistant Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Limited-Term Government Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Vice President and Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxx X. Xxxxx Xxxxxx X. Xxxxx Vice PresidentPresident and Treasurer

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Convertible Securities Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx, Executive Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund U.S. Government Trust By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxxxxx X. Xxxx, Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Real Asset Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Vice President and Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxx X. Xxxxx Xxxxxx X. Xxxxx Vice PresidentPresident and Treasurer

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Bond Fund Series on behalf of its series, Xxxxxxxxxxx Transition 2050 Convertible Securities Fund By: /s/ Xxxxxx X. Xxxxxxx ___________________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ ___________________________ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Enterprise Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxxxxx X. Xxxx, Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Rochester Fund Municipals By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Corporate Bond Fund By: /s/ Xxxxxx X. x. Xxxxxxx _____________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx _____________________ Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Limited Term New York Municipal Fund, a series of Rochester Portfolio Series Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 2040 Fund By: /s/ Xxxxxx X. Xxxxxxx _____________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx _____________________ Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Global Fund By: /s/ Xxxxxx X. Xxxxxxx --------------------- Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx --------------------------- Xxxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 International Growth Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Rochester Short Term Municipal Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Oxxxxxxxxxx Real Estate Fund By: /s/ Xxxxxx /s/Axxxxx X. Xxxxxxx Xxxxxx Axxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx Jxxx XxXxxxxxx Xxxx Jxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund XXXXXXXXXXX INTERNATIONAL SMALL COMPANY FUND By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds DistributorOPPENHEIMERFUNDS DISTRIBUTOR, Inc. INC. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident & Secretary OFMI\815.C

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Rochester Intermediate Term Municipal Fund By: /s/ Xxxxxx X. Xxxxxxx Gabinet________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx _______ Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Small- & Mid-Cap Growth Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxx Xxxxxx X. Xxxxxxx Xxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ /s/Xxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident and Assistant Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Limited-Term Government Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 XxxXxx Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident & Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Rochester Ohio Municipal Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 XxxXxx Fund By: /s/ Xxxxxx X. Xxxxxxx ______________________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ ______________________________ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Equity Investor Fund, a series of Xxxxxxxxxxx Portfolio Series By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Currency Opportunities Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxx Xxxxxx X. Xxxxxxx Xxxx Vice President and Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident and Assistant Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Main Street Small Cap Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxxxxx, Vice President and Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Cash Reserves By: /s/ Xxxxxx X. Xxxxxxx ------------------------- Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx --------------------------- Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Oxxxxxxxxxx Rochester Maryland Municipal Fund By: /s/ Xxxxxx Axxxxx X. Xxxxxxx Xxxxxx _____________________ Axxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx Jxxx XxXxxxxxx Xxxx _____________________ Jxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 International Small Company Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxx Xxxxxx X. Xxxxxxx Xxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice Xxxxx X. Xxxx, President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Institutional Money Market Fund By: /s/ /s/Xxxxxx X. Xxxxxxx Xxxx _____________________ Xxxxxx X. Xxxxxxx Xxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx /s/Xxxxxxx Xxxxx _____________________ Xxxxxxx Xxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Cash Reserves By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Oxxxxxxxxxx Absolute Return Fund By: /s/ Xxxxxx Axxxxx X. Xxxxxxx Xxxxxx ----------------------------- Axxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx Jxxx XxXxxxxxx Xxxx ----------------------------- Jxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 2030 Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Rochester Short Term Municipal Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Gold & Special Minerals Fund By: /s/ Xxxxxx X. Xxxxxxx By: Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. /s/ Xxxxxxxxx X. Xxxx By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxxxxx X. Xxxx, Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Global Allocation Fund, a Series of Xxxxxxxxxxx Quest For Value Funds By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Growth Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxxxxx X. Xxxx, Vice PresidentPresident and Secretary OFMI\88512B-C.698 6/98

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Oxxxxxxxxxx Rochester Arizona Municipal Fund By: /s/ Xxxxxx Axxxxx X. Xxxxxxx Xxxxxx Axxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx Jxxx XxXxxxxxx Xxxx Jxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Quest Global Value Fund, Inc. By: /s/ Xxxxxx X. Xxxxxxx ______________________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ ______________________________ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 2010 Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Active Allocation Fund, a series of Xxxxxxxxxxx Portfolio Series By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Senior Floating Rate Fund By: /s/ /s/Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ /s/Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Emerging Growth Fund By: /s/ Xxxxxx X. Xxxxxxx ___________________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ ___________________________ Xxxxxxxxx X. Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 California Municipal Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Capital Appreciation Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund AMT-Free New York Municipals By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 International Diversified Fund By: /s/ /s/Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ /s/Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Fund Moderate Investor Fund, a series of Xxxxxxxxxxx Portfolio Series By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Global Opportunities Fund By: /s/ /s/Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ /s/Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Global Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's ’s property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Senior Floating Rate Fund By: /s/ Xxxxxx X. Xxxxxxx _____________________ Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx _____________________ Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Rochester Fund Municipals By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Vice President

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming shareholder and Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Enterprise Fund By: /s/ Xxxxxx X. Xxxxxxx By: Xxxxxx X. Xxxxxxx Xxxxxxx, Secretary OppenheimerFunds Distributor, Inc. /s/ Xxxxxxxxx X. Xxxx. By: /s/ Xxxx XxXxxxxxx Xxxx XxXxxxxxx Senior Xxxxxxxxx X. Xxxx, Vice PresidentPresident and Secretary

Disclaimer of Shareholder and Trustee Liability. The Distributor understands that the obligations of the Fund under this Plan are not binding upon any Trustee or shareholder of the Fund personally, but bind only the Fund and the Fund's property. The Distributor represents that it has notice of the provisions of the Declaration of Trust of the Fund disclaiming Trustee and shareholder liability for acts or obligations of the Fund. Xxxxxxxxxxx Transition 2050 Investment Grade Bond Fund By: /s/ Xxxxxx X. Xxxxxxx Xxxx Xxxxxx X. Xxxxxxx Xxxx Vice President and Secretary OppenheimerFunds Distributor, Inc. By: /s/ Xxxxxxxx X. Xxxx XxXxxxxxx Xxxxxxxx X. Xxxx XxXxxxxxx Senior Vice PresidentPresident and Assistant Secretary