Common use of Duties of the Bank and the Transfer Agent Clause in Contracts

Duties of the Bank and the Transfer Agent. 1.1 Subject to the terms and conditions set forth in this Agreement, the Bank shall act as the Transfer Agent's non-exclusive sub-transfer agent for Shares in connection with any accumulation plan, open-account, dividend reinvestment plan, retirement plan or similar plan provided to Shareholders and set out in each Fund's currently effective prospectus and statement of additional information ("Prospectus"), including without limitation any periodic investment plan or periodic withdrawal program. As used herein the term "