Common use of General Fund Management Clause in Contracts

General Fund Management. (1) Act as liaison among Fund service providers, including, but not limited to, the Fund’s investment adviser, external legal counsel, accounting and audit firms and external compliance consultants. (2) Supply: a. Office facilities (which may be in USBFS’, or an affiliate’s or the Fund’s own offices). b. Non-investment-related statistical and research data as requested. (3) Coordinate the Fund’s board of trustees (the “Board of Trustees”) or the “Trustees”) communications, such as: a. Prepare meeting agendas and resolutions, with the assistance of Fund counsel. b. Prepare reports for the Board of Trustees based on financial and administrative data. c. Assist with the selection of the independent auditor. d. Secure and monitor fidelity bond and director and officer liability coverage, and make the necessary Securities and Exchange Commission (the “SEC”) filings relating thereto. e. Prepare minutes of meetings of the Board of Trustees, committees of the Board of Trustees, as agreed upon by both parties and Fund shareholders. f. Recommend dividend declarations to the Board of Trustees and prepare and distribute to appropriate parties notices announcing declaration of dividends and other distributions to shareholders. g. Attend Board of Trustees meetings and meetings of committees of the Board of Trustees, as agreed upon by both parties and present materials for Trustees’ review at such meetings.

General Fund Management. (1) Act as liaison among Fund service providers, including, but not limited to, the Fund’s 's investment adviser, external legal counsel, accounting and audit firms and external compliance consultants. (2) Supply: a. Office facilities (which may be in USBFS’', or an affiliate’s 's or the Fund’s 's own offices). b. Non-investment-related statistical and research data as requested. (3) Coordinate the Fund’s 's board of trustees (the “"Board of Trustees”") or the “"Trustees”") communications, such as: a. Prepare meeting agendas and resolutions, with the assistance of Fund counsel. b. Prepare reports for the Board of Trustees based on financial and administrative data. c. Assist with the selection of the independent auditor. d. Secure and monitor fidelity bond and director and officer liability coverage, and make the necessary Securities and Exchange Commission (the “"SEC”") filings relating thereto. e. Prepare minutes of meetings of the Board of Trustees, committees of the Board of Trustees, as agreed upon by both parties parties, and Fund shareholders. f. Recommend dividend declarations to the Board of Trustees and prepare and distribute to appropriate parties notices announcing declaration of dividends and other distributions to shareholders. g. Attend Board of Trustees meetings and meetings of committees of the Board of Trustees, as agreed upon by both parties parties, and present materials for Trustees’ ' review at such meetings.