Gain/Loss Reporting and Tracking Clause Samples

Gain/Loss Reporting and Tracking. With respect to all gains or losses resulting from “as-of” transactions, PNCGIS shall identify and match the gains or losses with the party that is deemed to be responsible for such gains or losses (the “Responsible Party”). Such tracking of the Responsible Party shall be done on a daily basis at the Series and share class level, as well as cumulatively for each Funds’ fiscal period. PNCGIS may be required to prepare detailed explanations of “as-of” activity, primarily for internal process improvement purposes. Additionally, a daily/weekly/monthly gain/loss report shall be made available to designated individuals at GEAM upon request. To facilitate the tracking and reporting process, PNCGIS shall assign a code to match all gains and losses to the Responsible Party, as follows: A. Management Company • GE Asset Management Incorporated (“GEAM”) • GE Investment Distributors, Inc. (“GEID”) B. Specific Series and Share class • Estimates • Shareholder • Transmission Issue C. Transfer Agent (i.e., PNCGIS) D. Third-party dealer or intermediary (provides letter of indemnity; PNCGIS shall collect from any third-party dealer or intermediary firm for any losses of $50 or greater that they are deemed to be responsible)

Gain/Loss Reporting and Tracking. With respect to all gains or losses resulting from “as-of” transactions, USBFS shall identify and match the gains or losses with the party that is deemed to be responsible for such gains or losses (the “Responsible Party”). Such tracking of the Responsible Party shall be done on a daily basis at the Series and share class level, as well as cumulatively for each Funds’ fiscal period. USBFS may be required to prepare detailed explanations of “as-of” activity, primarily for internal process improvement purposes. Additionally, a daily/weekly/monthly gain/loss report shall be made available to designated individuals at GEAM upon request. To facilitate the tracking and reporting process, USBFS shall assign a code to match all gains and losses to the Responsible Party, as follows: Reason Codes: 024 = Broker/Dealer 040 = Fund/Shareholder 043 = Wash 045 = Estimate 080 = Broker Trade (Vision HO) 081 = Broker Trade A. Client The USBFS Gain/Loss System will roll-up gains and losses into two separate reporting sections. The first section is called “Client”, which will include reason codes 024, 040, 080 and 081. The USBFS Gain Loss System has matching criteria built into the system matching transactions with reason codes 43 or 45, if appropriate. If the trade is price-protected properly and a transaction match occurs the trade will not be reported on the Gain Loss System., Reason Codes are not the key driver in making sure the Responsible Party is reclaimed for a loss. The original letter of indemnification is always retrievable via Automated Work Distributor (“AWD”) for clarification. Third-party dealer or intermediary (provides letter of indemnity; USBFS shall collect from any third-party dealer or intermediary firm for any losses of $50 or greater that they are deemed to be responsible). B. Transfer Agent (i.e., USBFS) The second section is called “USBFS”, which includes all USBFS errors that resulted in using reason code 001.

Gain/Loss Reporting and Tracking. The Transfer Agent tracks the responsibility for all gains and losses generated by “as-of” transactions. The Transfer Agent may also prepare detailed explanations of “as-of” activity, primarily for internal process improvement purposes. Additionally, a daily/weekly/monthly gain/loss report can be made available to designated individuals at the Funds. In order to assist the Funds and the Board of Trustees in meeting the requirements of Rule 38a-1 under the 1940 Act, Transfer Agent agrees to:

Gain/Loss Reporting and Tracking. BNY MELLON tracks responsibility for all As-Of Transactions and any resulting As-Of Gain or As-Of Loss by Management Company, Fund, Dealer and Transfer Agent. BNY MELLON may also prepare detailed explanations of “As-Of” activity, primarily for internal process improvement purposes. Additionally, a daily/weekly/monthly gain/loss report can be made available to designated individuals of the Fund and Management Company.