DUTIES AND RESPONSIBILITIES OF FMFS Sample Clauses
DUTIES AND RESPONSIBILITIES OF FMFS. A. General Fund Management
1. Act as liaison among all Fund service providers
2. Supply:
a. Corporate secretarial services b. Office facilities (which may be in FMFS's or its affiliate's own offices) c. Non-investment-related statistical and research data as needed
3. Coordinate board communication by:
a. Establish meeting agendas b. Preparing board reports based on financial and administrative data c. Evaluating independent auditor d. Securing and monitoring fidelity bond and director and officer liability coverage, and making the necessary SEC filings relating thereto e. Preparing minutes of meetings of the board and shareholders f. Recommend dividend declarations to the Board, prepare and distribute to appropriate parties notices announcing declaration of dividends and other distributions to shareholders g. Provide personnel to serve as officers of the Trust if so elected by the Board and attend Board meetings to present materials for Board review
DUTIES AND RESPONSIBILITIES OF FMFS. FMFS shall perform all of the customary services of a transfer agent and dividend disbursing agent, and as relevant, agent in connection with accumulation, open account or similar plans (including without limitation any periodic investment plan or periodic withdrawal program), including but not limited to:
A. Receive orders for the purchase of shares;
B. Process purchase orders with prompt delivery, where appropriate, of payment and supporting documentation to the Trust's custodian, and issue the appropriate number of uncertificated shares with such uncertificated shares being held in the appropriate shareholder account;
C. Arrange for issuance of shares obtained through transfers of funds from shareholders' accounts at financial institutions and arrange for the exchange of shares for shares of other eligible investment companies, when permitted by Prospectus.
D. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Trust's custodian;
E. Pay monies upon receipt from the Trust's custodian, where relevant, in accordance with the instructions of redeeming shareholders;
F. Process transfers of shares in accordance with the shareholder's instructions;
G. Process exchanges between funds and/or classes of shares of funds both within the same family of funds and with the Firstar Money Market Fund, if applicable;
H. Prepare and transmit payments for dividends and distributions declared by the Trust with respect to the Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions;
I. Make changes to shareholder records, including, but not limited to, address changes in plans (i.e., systematic withdrawal, automatic investment, dividend reinvestment, etc.);
J. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), a record of the total number of shares of the Fund which are authorized, issued and outstanding;
K. Prepare shareholder meeting lists and, if applicable, mail, receive and tabulate proxies;
L. Mail shareholder reports and prospectuses to current shareholders;
M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders;
N. Provide shareholder account information upon request and prepare an...
DUTIES AND RESPONSIBILITIES OF FMFS. FMFS shall perform all of the customary services of a transfer agent and dividend disbursing agent, and as relevant, agent in connection with accumulation, open account or similar plans (including without limitation any periodic investment plan or periodic withdrawal program), including but not limited to:
A. Receive orders for the purchase of shares;
B. Process purchase orders with prompt delivery, where appropriate, of payment and supporting documentation to the Company's custodian, and issue the appropriate number of uncertificated shares with such uncertificated shares being held in the appropriate shareholder account;
C. Arrange for issuance of Shares obtained through transfers of funds from Shareholders' accounts at financial institutions and arrange for the exchange of Shares for shares of other eligible investment companies, when permitted by Prospectus.
D. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Company's custodian;
E. Pay monies upon receipt from the Company's custodian, where relevant, in accordance with the instructions of redeeming shareholders;
F. Process transfers of shares in accordance with the shareholder's instructions;
G. Process exchanges between funds and/or classes of shares of funds.
H. Prepare and transmit payments for dividends and distributions declared by the Company with respect to the Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions;
I. Make changes to shareholder records, including, but not limited to, address changes in plans (i.e., systematic withdrawal, automatic investment, dividend reinvestment, etc.);
J. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), a record of the total number of shares of the Fund which are authorized, issued and outstanding;
K. Prepare shareholder meeting lists and, if applicable, mail, receive and tabulate proxies;
L. Mail shareholder reports and prospectuses to current shareholders;
M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders;
N. Provide shareholder account information upon request and prepare and mail confirmations and statements of account to shareholders for all purchases, r...
DUTIES AND RESPONSIBILITIES OF FMFS. FMFS shall perform all of the customary services of a transfer agent and dividend disbursing agent, and as relevant, agent in connection with accumulation, open account or similar plans (including without limitation any periodic investment plan or periodic withdrawal program), including but not limited to:
A. Receive orders for the purchase of shares;
B. Process purchase orders with prompt delivery, where appropriate, of payment and supporting documentation to the Company's custodian, and issue the appropriate number of uncertificated shares with such uncertificated shares being held in the appropriate shareholder account;
C. Arrange for issuance of Shares obtained through transfers of funds from shareholders' accounts at financial institutions and arrange for the exchange of shares for shares of other eligible investment companies, when permitted by the Funds' Prospectus.
D. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Company's custodian;
E. Pay monies upon receipt from the Company's custodian, where relevant, in accordance with the instructions of redeeming shareholders;
F. Process transfers of shares in accordance with the shareholder's instructions;
G. Process exchanges between funds and/or classes of shares of funds.
H. Prepare and transmit payments for dividends and distributions declared by the Company with respect to the Funds, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions;
I. Make changes to shareholder records, including, but not limited to, address changes in plans (i.e., systematic withdrawal, automatic investment, dividend reinvestment, etc.);
J. Record the issuance of shares of the Funds and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), a record of the total number of shares of the Funds which are authorized, issued and outstanding;
K. Prepare shareholder meeting lists and, if applicable, mail, receive and tabulate proxies;
L. Mail shareholder reports and prospectuses to current shareholders;
M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders;
N. Provide shareholder account information upon request and prepare and mail confirmations and statements of account to shareholders for al...
DUTIES AND RESPONSIBILITIES OF FMFS. 1. Answer all prospective shareholder calls concerning the Fund.
2. Send all available Fund material requested by the prospect within 24 hours from time of call.
3. Receive and update all Fund fulfillment literature so that the most current information is sent and quoted.
4. Provide 24 hour answering service to record prospect calls made after hours (7 p.m. to 8 a.m. CT). 5. Maintain and store Fund fulfillment inventory. 6. Send periodic fulfillment reports to the Trust as agreed upon between the parties.
DUTIES AND RESPONSIBILITIES OF FMFS. A. General Management
1. Act as liaison among all Company service providers
2. Coordinate board communication by:
a. Assisting Company counsel in establishing meeting agendas b. Preparing board reports based on financial and administrative data c. Evaluating independent auditor d. Securing and monitoring fidelity bond and director and officer liability coverage, and making the necessary SEC filings relating thereto e. Preparing minutes of meetings of the board and shareholders
DUTIES AND RESPONSIBILITIES OF FMFS. A. General Fund Management
1. Act as liaison among all Fund service providers
2. Supply:
a. Corporate secretarial services b. Office facilities (which may be in FMFS's or its affiliate's own offices) c. Non-investment-related statistical and research data as needed
3. Coordinate board communication by:
DUTIES AND RESPONSIBILITIES OF FMFS. FMFS shall provide the following services for each of the Funds;
DUTIES AND RESPONSIBILITIES OF FMFS. A. General Fund Management
(1) Act as liaison among all Fund service providers
DUTIES AND RESPONSIBILITIES OF FMFS. A. FMFS shall receive daily orders from the Corporation for the purchase or sale of shares of each Fund. FMFS shall reimburse the Fund each month for all material losses resulting from "as of" processing errors for which FMFS is responsible in accordance with the "as of" processing guidelines set forth in the attached Exhibit B.