Common use of DIVIDENDS AND CORPORATE ACTIONS Clause in Contracts

DIVIDENDS AND CORPORATE ACTIONS. Where custody of investments is under our control we will account to you for all dividends, interest payments and other rights accruing to you. If any entitlement to shares, dividends etc. arises on investments which are pooled as described above, you will be entitled to your proportionate share rounded down to the nearest whole figure, we may retain any fractional entitlement which arises. RCBIM will not be liable if any company fails to notify us of a corporateaction. As discretionary managers we will not seek your instructions on exercising rights in relation to your holdings; we will make decisions on your behalf as part of that service. Likewise, we will not obtain your instructions before: (a) exercising conversion and subscription rights regarding your holdings; (b) proceeding in takeover situations, other offers or capital reorganisations concerning your holdings; (c) exercising any voting rights attaching to your holdings.

DIVIDENDS AND CORPORATE ACTIONS. Where custody of investments is under our control we will account to you for all dividends, interest payments and other rights accruing to you. If any entitlement to shares, dividends etc. arises on investments which are pooled as described above, you will be entitled to your proportionate share rounded down to the nearest whole figure, we may retain any fractional entitlement which arises. RCBIM will not be liable if any company fails to notify us of a corporateactioncorporate action. As discretionary managers we will not seek your instructions on exercising rights in relation to your holdings; we will make decisions on your behalf as part of that service. Likewise, we will not obtain your instructions before: (a) exercising conversion and subscription rights regarding your holdings; (b) proceeding in takeover situations, other offers or capital reorganisations concerning your holdings; (c) exercising any voting rights attaching to your holdings.

DIVIDENDS AND CORPORATE ACTIONS. Where custody of investments is under our control we will account to you for all dividends, interest payments and other rights accruing to you. If any entitlement to shares, dividends etc. arises on investments which are pooled as described above, you will be entitled to your proportionate share rounded down to the nearest whole figure, we figure -we may retain any fractional entitlement which arises. RCBIM will not be liable if any company fails to notify us of a corporateactioncorporate action. As discretionary managers we will not seek your instructions on exercising rights in relation to your holdings; we will make decisions on your behalf as part of that service. Likewise, Likewise we will not obtain your instructions before: (a) exercising conversion and subscription rights regarding your holdings; (b) proceeding in takeover situations, other offers or capital reorganisations concerning your holdings; (c) exercising any voting rights attaching to your holdings.

DIVIDENDS AND CORPORATE ACTIONS. Where custody of investments is under our control we will account to you for all dividends, interest payments and other rights accruing to you. If any entitlement to shares, dividends etc. arises on investments which are pooled as described above, you will be entitled to your proportionate share rounded down to the nearest whole figure, we . We may retain any fractional entitlement which that arises. RCBIM We will not be liable if any company fails to notify us of a corporateactioncorporate action. As discretionary managers If acting on a Discretionary Basis, we will not seek your instructions on exercising rights in relation to your holdings; we will make decisions on your behalf as part of that service. Likewise, we will not obtain your instructions before: (a) exercising conversion and subscription rights regarding your holdings; (b) proceeding in takeover situations, other offers or capital reorganisations concerning your holdings; (c) exercising any voting rights attaching attached to your holdings. If acting on an Advisory Basis, in the event of a rights issue, conversion, takeover, capital reorganisation or other corporate action, we will endeavour to contact you, where appropriate. In the absence of instructions from you, we will take no action.