Common use of Investment Fees, Expenses, Dividends and Rights Clause in Contracts

Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available to you through your HSA website account. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the Financial Advisor makes such investments available as investment options. If the Default Portfolio is made available by us and our independent registered investment advisor, we will transfer any compensation (direct or indirect) we receive from mutual funds for shareholder and recordkeeping services (“Investment Fee Rebate”) to your Investment Account based on your holdings in each fund. The Investment Fee Rebate is calculated at the end of each calendar quarter and received within thirty (30) days thereafter. We will allocate your share of the Investment Fee Rebate, if any, to your Investment Account within five (5) Business Days after receipt as additional earnings. If your Default Portfolio is made available by a Financial Advisor and/or your HSA Administrator, we may follow the same process with Investment Fee Rebates. Alternatively, we may transfer the Investment Fee Rebate to your HSA Administrator or the Financial Advisor selected by your HSA Administrator as compensation for investment services. Prior to the end of each calendar quarter, we may deduct a custodial management fee from your Investment Account in an amount up to one-sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your Investment Account. Your HSA Administrator or Financial Advisor will disclose any additional fees separately, such as fees based on a fixed percentage of the value of investments. Your HSA Administrator or Financial Advisor, as applicable, is responsible to comply with all requirements of applicable law regarding disclosure of investment-related compensation, reimbursements, fees and/or expenses payable from the HSA. If you open an Investment Account, you may have access to a Financial Advisor for personal investment advice pursuant to a separate agreement between you and the Financial Advisor. Pursuant to the agreement between you and the Financial Advisor, a financial advisory fee may be deducted from your Investment Account on a monthly or quarterly basis as indicated in fee disclosure. Funds held in your Cash Account and in the interest-bearing FDIC-insured account (if the interest-bearing FDIC-insured account is selected as the Default Fund) in your Investment Account are used by us for general banking purposes and may generate income to us. Such income is considered part of our compensation for providing the HSA services.

Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available to you through your HSA website account. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the Financial Advisor independent registered investment advisor makes such investments available as investment options. If the Default Portfolio is made available by us and our independent registered investment advisor, we We will transfer rebate or credit any compensation (direct or indirect) we receive received by us from mutual funds for shareholder and recordkeeping services (“Investment Fee Rebate”) to your Investment Account based on your holdings in each fund. The Investment Fee Rebate is calculated at the end of each calendar quarter and received within thirty (30) days thereafter. We will allocate your share of the Investment Fee Rebate, if any, to your Investment Account within five (5) Business Days after receipt as additional earnings. If your Default Portfolio is The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available by a Financial Advisor and/or to you through your HSA Administrator, we may follow the same process with Investment Fee Rebates. Alternatively, we may transfer the Investment Fee Rebate to your HSA Administrator or the Financial Advisor selected by your HSA Administrator as compensation for investment serviceswebsite account. Prior to the end of each calendar quarter, we may will deduct a custodial management fee from your Investment Account in an amount up equal to one-sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your Investment Account. Your HSA Administrator or Financial Advisor will disclose any additional fees separately, such as fees based on a fixed percentage of the value of investments. Your HSA Administrator or Financial Advisor, as applicable, is responsible to comply with all requirements of applicable law regarding disclosure of investment-related compensation, reimbursements, fees and/or expenses payable from the HSA. If you open an Investment Account, you may have access to a Financial Advisor for personal investment advice pursuant to a separate agreement between you and the Financial Advisor. Pursuant to the agreement between you and the Financial Advisor, a financial advisory fee may be deducted from your Investment Account on a monthly or quarterly basis as indicated in fee disclosure. Funds held in your Cash Account and in the interest-bearing FDIC-insured account (if the interest-bearing FDIC-insured account is selected as the Default Fund) fund in your Investment Account are used by us for general banking purposes and may generate income to us. Such income is considered part of our compensation for providing the HSA services.

Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available to you through your HSA website account. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the Financial Advisor independent registered investment advisor makes such investments available as investment options. If the Default Portfolio is made available by us and our independent registered investment advisor, we We will transfer rebate or credit any compensation (direct or indirect) we receive received by us from mutual funds for shareholder and recordkeeping services (“Investment Fee Rebate”) to your Investment Account based on your holdings in each fund. The Investment Fee Rebate is calculated at the end of each calendar quarter and received within thirty (30) days thereafter. We will allocate your share of the Investment Fee Rebate, if any, to your Investment Account within five (5) Business Days after receipt as additional earnings. If your Default Portfolio is The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available by a Financial Advisor and/or your HSA Administrator, we may follow the same process with Investment Fee Rebates. Alternatively, we may transfer to you through the Investment Fee Rebate to your HSA Administrator or the Financial Advisor selected by your HSA Administrator as compensation for investment servicesPortal. Prior to the end of each calendar quarter, we may will deduct a custodial management fee from your Investment Account in an amount up equal to one-sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your Investment Account. Your HSA Administrator or Financial Advisor will disclose any additional fees separately, such as fees based on a fixed percentage of the value of investments. Your HSA Administrator or Financial Advisor, as applicable, is responsible to comply with all requirements of applicable law regarding disclosure of investment-related compensation, reimbursements, fees and/or expenses payable from the HSA. If you open an Investment Account, you may have access to a Financial Advisor for personal investment advice pursuant to a separate agreement between you and the Financial Advisor. Pursuant to the agreement between you and the Financial Advisor, a financial advisory fee may be deducted from your Investment Account on a monthly or quarterly basis as indicated in fee disclosure. Funds held in your the Cash Account and in the interest-bearing FDIC-insured account (if the interest-bearing FDIC-insured account is selected as the Default Fund) fund in your Investment Account are used by us for general banking purposes and may generate income to us. Such income is considered part of our compensation for providing the HSA services.

Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available to you through your HSA website account. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the Financial Advisor independent registered investment advisor makes such investments available as investment options. If the Default Portfolio is made available by us and our independent registered investment advisor, we We will transfer any compensation (direct or indirect) we receive received from mutual funds for shareholder and recordkeeping services (“Investment Fee Rebate”) to your Investment Account based on your holdings in each fund. The Investment Fee Rebate is calculated at HSA Administrator, for distribution to the end of each calendar quarter and received within thirty (30) days thereafter. We will allocate your share of the Investment Fee RebateRIA, if any, as compensation for investment advisory services provided to your Investment Account within five (5) Business Days after receipt as additional earnings. If your Default Portfolio is made available by a Financial Advisor and/or your HSA Administrator, we may follow in the same process with Investment Fee Rebatesselection and monitoring of mutual funds made available to you. Alternatively, we may transfer the Investment Fee Rebate to your HSA Administrator or the Financial Advisor selected by your HSA Administrator as compensation for investment services. Prior to the end of each calendar quarter, we may We will deduct a custodial management fee from your Investment Account in an amount up equal to one-sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your Investment Account. Your HSA Administrator or Financial Advisor will disclose any additional The available mutual funds are subject to fees separately, such as fees based on a fixed percentage of the value of investments. Your HSA Administrator or Financial Advisorand expenses, as applicable, is responsible described in the prospectus or other disclosure materials made available to comply with all requirements of applicable law regarding disclosure of investment-related compensation, reimbursements, fees and/or expenses payable from you through the HSA. If you open an Investment Account, you may have access to a Financial Advisor for personal investment advice pursuant to a separate agreement between you and the Financial Advisor. Pursuant to the agreement between you and the Financial Advisor, a financial advisory fee may be deducted from your Investment Account on a monthly or quarterly basis as indicated in fee disclosurePortal. Funds held in your the Cash Account and in the interest-bearing FDIC-insured account (if the interest-bearing FDIC-insured account is selected as the Default Fund) in your Investment Account are used by us for general banking purposes and may generate income to us. Such income is considered part of our compensation for providing the HSA services.