Common use of LICENSED REPRESENTATIVES OF THE FUNDS Clause in Contracts

LICENSED REPRESENTATIVES OF THE FUNDS. At the request of the Trust, a Fund, a Fund’s sponsor, adviser or affiliate, Axxxxx may license certain designated employees as a “registered representative” and maintain their licensed status in accordance with FINRA rules and regulations including the following: (a) Filing Form U-4’s and fingerprint submission and processing renewals and terminations (b) On-going compliance up-dates and training (c) Preparation of materials and training for compliance with FINRA continuing education requirements (d) Supervision of registered representatives Axxxxx reserves the right in its sole discretion of refuse to register or maintain the registration for any individual and otherwise impose any requirements, fees or limitations on licensed persons.

LICENSED REPRESENTATIVES OF THE FUNDS. At the request of the TrustCorporation, a Fund, a Fund’s sponsor, adviser or affiliate, Axxxxx AFD may license certain designated employees as a “registered representative” representative and maintain their licensed status in accordance with FINRA rules and regulations including the following: (a) Filing Form U-4’s and fingerprint submission and processing renewals and terminations (b) On-going compliance up-dates and training (c) Preparation of materials and training for compliance with FINRA continuing education requirements (d) Supervision of the registered representatives Axxxxx AFD reserves the right in its sole discretion of refuse to register or maintain the registration for any individual and otherwise impose any requirements, fees requirements or limitations on licensed persons.

LICENSED REPRESENTATIVES OF THE FUNDS. At the request of the Trust, a Fund, a Fund’s sponsor, adviser or affiliate, Axxxxx AFD may license certain designated employees as a “registered representative” Registered Representative and maintain their licensed status in accordance with FINRA rules and regulations including the following: (a) Filing Form U-4’s and fingerprint submission and processing renewals and terminations (b) On-going compliance up-dates and training (c) Preparation of materials and training for compliance with FINRA continuing education requirements (d) Supervision of registered representatives Axxxxx the Registered Representatives AFD reserves the right in its sole discretion of refuse to register or maintain the registration for any individual and otherwise impose any requirements, fees requirements or limitations on licensed persons.