Common use of Limitation of Liability of Trustees and Shareholders Clause in Contracts

Limitation of Liability of Trustees and Shareholders. USBFS acknowledges that it has received notice of and accepts the limitations upon the Trust's liabilities set forth in Article XI of the Declaration of Trust filed with the Secretary of the Commonwealth of Massachusetts. USBFS agrees that the Trust's obligations and liabilities hereunder shall be limited to the Trust and to its assets, and that USBFS shall not seek satisfaction of any such obligation or liability from the shareholders of the Trust nor from any Trustee, officer, employee or agent of the Trust.

Limitation of Liability of Trustees and Shareholders. USBFS acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liabilities set forth in Article XI of the Declaration of Trust filed with the Secretary of the Commonwealth of Massachusetts. USBFS agrees that the Trust's ’s obligations and liabilities hereunder shall be limited to the Trust and to its assets, and that USBFS shall not seek satisfaction of any such obligation or liability from the shareholders of the Trust nor from any Trustee, officer, employee or agent of the Trust.

Limitation of Liability of Trustees and Shareholders. USBFS acknowledges that it has received notice of and accepts the limitations upon the Trust's ’s liabilities set forth in Article XI IX of the Declaration of Amended and Restated Trust filed with the Secretary of the Commonwealth of MassachusettsInstrument, dated May 1, 2014. USBFS agrees that the Trust's ’s obligations and liabilities hereunder shall be limited to the Trust and to its assets, and that USBFS shall not seek satisfaction of any such obligation or liability from the shareholders of the Trust nor from any Trustee, officer, employee or agent of the Trust.