Common use of Distributing Clause in Contracts

Distributing. The earnings realised by the AIF that have an appropriation of proceeds of the type "Distributing" according to Appendix A "Overview of Funds" are distributed on an annual basis, i.e. distributed. If distributions are paid out, this will be done within four months of the end of the financial year. Distributions are paid on the shares outstanding on the distribution date. No interest will be paid on the an- nounced distributions as from the time of their due date. Further information on the appropriation of income is available in Appendix A "Overview of Funds".