Common use of Establishment and Designation of Series Clause in Contracts

Establishment and Designation of Series. The establishment and designation of any Series (or Class thereof) shall be effective upon the adoption of a resolution by a majority of the Directors setting forth the establishment and designation of, or otherwise identifying, such Series (or Class thereof), whether directly in such resolution or by reference to, or approval of , another document that sets forth the designation of, or otherwise identifies, such Series (or Class thereof), including, without limitation, any registration statement of the Company, or as otherwise provided in such resolution. The relative rights and preferences of each Series and each Class thereof shall be as set forth herein and as set forth in any registration statement of the Company relating thereto, unless otherwise provided in the resolution establishing such Series or Class. The Directors shall have full power and authority, in their sole discretion, and without obtaining any prior authorization or vote of the Shareholders to establish and designate and to change in any manner any Series of Shares (or Class thereof) of initial or additional Series and to fix such preferences, voting powers, rights and privileges of such Series or Classes thereof as the Directors may from time to time determine, to divide or combine the Shares or any Series (or Class thereof) into a greater or lesser number, to classify or reclassify any issued Shares or any Series or classes thereof into one or more Series (or Class thereof), and to take such other action with respect to the Shares as the Directors may deem desirable. A Series may issue any number of Shares and need not issue Shares. At any time that there are no Outstanding Shares of any particular Series (or Class) previously established and designated, the Directors may by majority abolish that Series (or Class) and the establishment and designation thereof. All references to Shares in this Agreement shall be to Shares in any or all Series, or Classes thereof, as the context may require. All provisions herein relating to the Company shall apply equally to each Series, and each Class thereof, except as the context otherwise requires. Without limiting the authority of the Directors set forth above to establish and designate further Series, the Directors hereby establish and designate the following four Series, all with a single Class of Shares: High Income Central Investment Portfolio 1; High Income Central Investment Portfolio 2; Tactical Income Central Investment Portfolio; and Targeted Income Central Investment Portfolio. The Shares of each of these Series and any Shares of any further Series that may from time to time be established and designated by the Directors shall (unless the Directors otherwise determine with respect to some further Series at the time of establishing and designating the same) have the following relative rights and preferences:

Establishment and Designation of Series. The establishment and designation of any Series (or Class thereof) shall be effective upon the adoption of a resolution by a majority of the Directors setting forth the establishment and designation of, or otherwise identifying, such Series (or Class thereof), whether directly in such resolution or by reference to, or approval of of, another document that sets forth the designation of, or otherwise identifies, such Series (or Class thereof), including, without limitation, any registration statement of the Company, or as otherwise provided in such resolution. The relative rights and preferences of each Series and each Class thereof shall be as set forth herein and as set forth in any registration statement of the Company relating thereto, unless otherwise provided in the resolution establishing such Series or Class. The Directors shall have full power and authority, in their sole discretion, and without obtaining any prior authorization or vote of the Shareholders to establish and designate and to change in any manner any Series of Shares (or Class thereof) of initial or additional Series and to fix such preferences, voting powers, rights and privileges of such Series or Classes thereof as the Directors may from time to time determine, to divide or combine the Shares or any Series (or Class thereof) into a greater or lesser number, to classify or reclassify any issued Shares or any Series or classes thereof into one or more Series (or Class thereof), and to take such other action with respect to the Shares as the Directors may deem desirable. A Series may issue any number of Shares and need not issue Shares. At any time that there are no Outstanding Shares of any particular Series (or Class) previously established and designated, the Directors may by majority abolish dissolve and terminate that Series (or Class) and the establishment and designation thereof. All references to Shares in this Agreement shall be to Shares in any or all Series, or Classes thereof, as the context may require. All provisions herein relating to the Company shall apply equally to each Series, and each Class thereof, except as the context otherwise requires. Without limiting the authority of the Directors set forth above to establish and designate further Series, the Directors hereby establish and designate the following four SeriesSeries listed on Schedule I hereto, all each with a single Class of Shares: High Income Central Investment Portfolio 1; High Income Central Investment Portfolio 2; Tactical Income Central Investment Portfolio; and Targeted Income Central Investment Portfolio. The Shares of each of these Series and any Shares of any further Series that may from time to time be established and designated by the Directors shall (unless the Directors otherwise determine with respect to some further Series at the time of establishing and designating the same) have the following relative rights and preferences:

Establishment and Designation of Series. The establishment and designation of any Series (or Class thereof) shall be effective upon the adoption of a resolution by a majority of the Directors setting forth the establishment and designation of, or otherwise identifying, such Series (or Class thereof), whether directly in such resolution or by reference to, or approval of of, another document that sets forth the designation of, or otherwise identifies, such Series (or Class thereof), including, without limitation, any registration statement of the Company, or as otherwise provided in such resolution. The relative rights and preferences of each Series and each Class thereof shall be as set forth herein and as set forth in any registration statement of the Company relating thereto, unless otherwise provided in the resolution establishing such Series or Class. The Directors shall have full power and authority, in their sole discretion, and without obtaining any prior authorization or vote of the Shareholders to establish and designate and to change in any manner any Series of Shares (or Class thereof) of initial or additional Series and to fix such preferences, voting powers, rights and privileges of such Series or Classes thereof as the Directors may from time to time determine, to divide or combine the Shares or any Series (or Class thereof) into a greater or lesser number, to classify or reclassify any issued Shares or any Series or classes thereof into one or more Series (or Class thereof), and to take such other action with respect to the Shares as the Directors may deem desirable. A Series may issue any number of Shares and need not issue Shares. At any time that there are no Outstanding Shares of any particular Series (or Class) previously established and designated, the Directors may by majority abolish that Series (or Class) and the establishment and designation thereof. All references to Shares in this Agreement shall be to Shares in any or all Series, or Classes thereof, as the context may require. All provisions herein relating to the Company shall apply equally to each Series, and each Class thereof, except as the context otherwise requires. Without limiting the authority of the Directors set forth above to establish and designate further Series, the Directors hereby establish and designate the following four five Series, all with a single Class of Shares: High Income Central Investment Portfolio 1Fidelity Large Cap Core Enhanced Index Master Portfolio; High Income Central Investment Portfolio 2Fidelity Large Cap Value Enhanced Index Master Portfolio; Tactical Income Central Investment Fidelity Large Cap Growth Enhanced Index Master Portfolio; Fidelity Mid Cap Enhanced Index Master Portfolio; and Targeted Income Central Investment Fidelity International Enhanced Index Master Portfolio. The Shares of each of these Series and any Shares of any further Series that may from time to time be established and designated by the Directors shall (unless the Directors otherwise determine with respect to some further Series at the time of establishing and designating the same) have the following relative rights and preferences: