Intermediary Reporting Clause Samples

Intermediary Reporting. In order to enable Vanguard to (x) ensure the Intermediary’s compliance with these Signal Shares eligibility requirements, and (y) identify those Plans that hold Signal Shares but are not eligible to do so, the Intermediary agrees to furnish Vanguard with the following information, upon Vanguard’s written request with reasonable advance notice: (i) A report identifying, as applicable: (A) each Plan that owns Signal Shares through the Intermediary or an Underlying Intermediary and the Signal Fund accounts in which such assets are maintained; and (B) the amount of each Signal Fund’s Signal Shares held by each Plan (in dollars and shares). This information will be provided separately for each Signal Fund and will reflect Signal Share account balances as of the most recent month end. (ii) A description of the Intermediary’s policies and procedures for implementation of the Signal Shares eligibility rules applicable to Plans investing in Signal Shares through the Intermediary. (iii) Such other or additional reporting or information as Vanguard may specify in order to ensure compliance with applicable Signal Shares eligibility requirements. All such information will be kept confidential by Vanguard, will not be disclosed to any unaffiliated third party and will be used solely for purposes of monitoring compliance with the eligibility requirements of the Signal Shares program.