Common use of Internal Controls Review and Report Clause in Contracts

Internal Controls Review and Report. The Transfer Agent will retain a firm of independent auditors to perform an annual review of certain internal controls and procedures employed by the Transfer Agent in the provision of the services hereunder and issue a standard System and Organization Controls 1 or equivalent report based on such review. The Transfer Agent will provide a copy of the report to the Trust upon request.

Internal Controls Review and Report. The Transfer Agent will retain a firm of independent auditors to perform an annual review of certain internal controls and procedures employed by the Transfer Agent in the provision of the services hereunder Services and issue a standard System and Organization Controls 1 or equivalent report based on such review. The Transfer Agent will provide a copy of the report to the Trust Fund upon request.

Internal Controls Review and Report. The Transfer Agent will retain a firm of independent auditors to perform an annual review of certain internal controls and procedures employed by the Transfer Agent in the provision of the services hereunder and issue a standard System and Organization Controls 1 or equivalent report (“SOC 1 Report”) based on such review. The Transfer Agent will provide a copy of the such report to the Trust upon request. The Transfer Agent shall also seek to provide to the Trust, upon request, a copy of its Delegate’s SOC 1 Report, subject to the Trust’s compliance with any applicable limitations on use and disclosure required by such Delegate or the Delegate’s auditors.