Common use of Limitations of Liability and Indemnification Clause in Contracts

Limitations of Liability and Indemnification. 5.1 No Personal Liability of Unitholders, Trustees, etc. 11 5.2 Mandatory Indemnification 12 5.3 Insurance 13 5.4 No Bond Required of Trustees 13 5.5 No Duty of Investigation; Notice in Trust Instruments, etc. 13 5.6 Reliance on Experts, etc. 13 ARTICLE VI Units of Beneficial Interest 6.1 Beneficial Interest 13 6.2 Other Securities 13 6.3 Rights of Unitholders 14 6.4 Nature of Entity 14 6.5 Issuance of Units 14 6.6 Register of Units 15 6.7 Transfer Agent and Rxxxxxxxx 00 6.8 Transfer of Units 15 6.9 Notices 16 ARTICLE VII Custodians 7.1 Appointment and Duties 16 7.2 Central Certificate System 16 ARTICLE VIII Redemption 8.1 Redemptions 17 8.2 Disclosure of Holding 17 ARTICLE IX Capital Accounts and Operation Thereof 9.1 Capital Accounts 17 9.2 Regulatory Allocations 18 9.3 Adjustment of Basis of Units 20 9.4 Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination of Certain Matters 22 9.8 No Deficit Makeup 23 ARTICLE X Determination of Net Asset Value; Net Income; and Distributions

Limitations of Liability and Indemnification. 5.1 7 4.1 No Personal Liability of UnitholdersShareholders, Trustees, etc. 11 5.2 etc 7 4.2 Mandatory Indemnification 12 5.3 Insurance 13 5.4 No Bond Required of Trustees 13 5.5 7 4.3 No Duty of Investigation; Notice in Trust Instruments, etc. 13 5.6 etc 8 4.4 Reliance on Experts, etc. 13 etc 9 ARTICLE VI Units V Shares of Beneficial Interest 6.1 9 5.1 Beneficial Interest 13 6.2 Other Securities 13 6.3 9 5.2 Classes and Series 9 5.3 Issuance of Shares 9 5.4 Redemptions and Repurchases of Shares 10 5.5 Rights of Unitholders 14 6.4 Nature of Entity 14 6.5 Issuance of Units 14 6.6 Shareholders 10 5.6 Trust Only 10 5.7 Register of Units 15 6.7 Shares 10 5.8 Transfer Agent and Rxxxxxxxx Xxxxxxxxx 00 6.8 5.9 Transfer of Units 15 6.9 Shares 11 5.10 Notices 16 ARTICLE VII Custodians 7.1 Appointment and Duties 16 7.2 Central Certificate System 16 ARTICLE VIII Redemption 8.1 Redemptions 17 8.2 Disclosure of Holding 17 ARTICLE IX Capital Accounts and Operation Thereof 9.1 Capital Accounts 17 9.2 Regulatory Allocations 18 9.3 Adjustment of Basis of Units 20 9.4 Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination of Certain Matters 22 9.8 No Deficit Makeup 23 ARTICLE X Determination of 11 5.11 Net Asset Value; Net Income; Value 11 5.12 Distributions to Shareholders 11 ARTICLE VI Shareholders 12 6.1 Meetings of Shareholders 12 6.2 Voting 12 6.3 Notice of Meeting, Shareholder Proposals and DistributionsRecord Date 12 6.4 Quorum and Required Vote 12 6.5 Proxies, etc 13 6.6 Reports 13 6.7 Shareholder Action by Written Consent 14

Limitations of Liability and Indemnification. 9 5.1 No Personal Liability of UnitholdersShareholders, Trustees, etc. 11 etc 9 TABLE OF CONTENTS (continued) Page 5.2 Mandatory Indemnification 12 Indemnification. 10 5.3 Insurance 13 5.4 No Bond Required of Trustees 13 5.5 11 5.4 No Duty of Investigation; Notice in Trust Instruments, etc. 13 5.6 etc 11 5.5 Reliance on Experts, etcetc 12 ARTICLE VI. 13 ARTICLE VI Units of Beneficial Interest SHARES OF BENEFICIAL INTEREST 12 6.1 Beneficial Interest 13 12 6.2 Other Securities 13 12 6.3 Rights of Unitholders 14 Shareholders 12 6.4 Nature of Entity 14 Trust Only 13 6.5 Issuance of Units 14 Shares 13 6.6 Register of Units 15 Shares 13 6.7 Transfer Agent and Rxxxxxxxx Xxxxxxxxx 00 6.8 Transfer of Units 15 Shares 13 6.9 Notices 16 14 ARTICLE VII Custodians VII. CUSTODIANS 14 7.1 Appointment and Duties 16 14 7.2 Central Certificate System 16 15 ARTICLE VIII Redemption VIII. REDEMPTION 15 8.1 Redemptions 17 15 8.2 Disclosure of Holding 17 15 ARTICLE IX Capital Accounts and Operation Thereof IX. DETERMINATION OF NET ASSET VALUE; NET INCOME; DISTRIBUTIONS 15 9.1 Capital Accounts 17 9.2 Regulatory Allocations 18 9.3 Adjustment of Basis of Units 20 9.4 Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination of Certain Matters 22 9.8 No Deficit Makeup 23 ARTICLE X Determination of Net Asset Value; Net Income; and DistributionsValue 15 9.2 Distributions to Shareholders. 15 9.3 Power to Modify Foregoing Procedures 16

Limitations of Liability and Indemnification. 8 5.1 No Personal Liability of UnitholdersShareholders, Trustees, etc. 11 etc 8 5.2 Mandatory Indemnification 12 8 5.3 Insurance 13 5.4 No Bond Required of Trustees 13 5.5 9 5.4 No Duty of Investigation; No Notice in Trust Instruments, etc. 13 5.6 etc 9 5.5 Reliance on Experts, etc. 13 etc 9 ARTICLE VI Units of Beneficial Interest — SHARES OF BENEFICIAL INTEREST 10 6.1 Beneficial Interest 13 10 6.2 Other Securities 13 Establishment of Series and Classes 10 6.3 Rights of Unitholders 14 Shareholders 11 6.4 Nature of Entity 14 Trust Only 11 6.5 Issuance of Units 14 Shares 11 6.6 Register of Units 15 Shares 11 6.7 Transfer Agent and Rxxxxxxxx Xxxxxxxxx 00 6.8 Transfer of Units 15 Shares 12 6.9 Derivative Claims 12 6.10 Direct Claims 12 6.11 Notices 16 12 ARTICLE VII Custodians — CUSTODIANS 13 7.1 Appointment and Duties 16 13 7.2 Central Certificate System 16 13 ARTICLE VIII Redemption — REDEMPTIONS AND REPURCHASES 14 8.1 Redemptions 17 and Repurchases of Shares 14 8.2 Manner of Payment 14 8.3 Disclosure of Holding 17 14 ARTICLE IX Capital Accounts and Operation Thereof — DETERMINATION OF NET ASSET VALUE, NET INCOME AND DISTRIBUTIONS 14 9.1 Capital Accounts 17 Net Asset Value 14 9.2 Regulatory Allocations 18 Distributions to Shareholders 14 9.3 Adjustment of Basis of Units 20 9.4 Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination of Certain Matters 22 9.8 No Deficit Makeup 23 Power to Modify Foregoing Procedures 15 ARTICLE X Determination of Net Asset Value; Net Income; and Distributions— SHAREHOLDERS 15

Limitations of Liability and Indemnification. 5.1 8 5.1. No Personal Liability of UnitholdersShareholders, Trustees, etc. 11 5.2 8 5.2. Mandatory Indemnification 12 5.3 Insurance 13 5.4 8 5.3. No Bond Required of Trustees 13 5.5 10 5.4. No Duty of Investigation; No Notice in Trust Instruments, etc. 13 5.6 10 5.5. Reliance on Experts, etc. 13 10 ARTICLE VI Units of SHARES OF BENEFICIAL INTEREST 10 6.1. Beneficial Interest 6.1 Beneficial Interest 13 6.2 10 6.2. Other Securities 13 6.3 11 6.3. Rights of Unitholders 14 6.4 Nature of Entity 14 6.5 Shareholders 11 6.4. Trust Only 11 6.5. Issuance of Units 14 6.6 Shares 11 6.6. Register of Units 15 6.7 Shares 11 6.7. Transfer Agent and Rxxxxxxxx Xxxxxxxxx 00 6.8 6.8. Transfer of Units 15 6.9 Shares 12 6.9. Notices 16 12 ARTICLE VII Custodians 7.1 DETERMINATION OF NET ASSET VALUE 12 7.1. Net Asset Value 12 7.2. Power to Modify Foregoing Procedures 12 ARTICLE VIII CUSTODIANS 13 8.1. Appointment and Duties 16 7.2 13 8.2. Central Certificate System 16 ARTICLE VIII Redemption 8.1 Redemptions 17 8.2 Disclosure of Holding 17 13 ARTICLE IX Capital Accounts and Operation Thereof 9.1 Capital Accounts 17 9.2 Regulatory Allocations 18 9.3 Adjustment of Basis of Units 20 9.4 TRANSFERS AND REPURCHASES 14 9.1. Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination Shares 14 9.2. Repurchase of Certain Matters 22 9.8 No Deficit Makeup 23 Shares 14 ARTICLE X Determination SHAREHOLDERS 16 10.1. Meetings of Net Asset Value; Net Income; Shareholders 16 10.2. Voting 16 10.3. Notice of Meeting and DistributionsRecord Date 16 10.4. Quorum and Required Vote 16 10.5. Proxies, etc. 17 10.6. Reports 17 10.7. Inspection of Records 17 10.8. Shareholder Action by Written Consent 17

Limitations of Liability and Indemnification. 8 5.1 No Personal Liability of UnitholdersShareholders, Trustees, etc. 11 8 5.2 Mandatory Indemnification 12 8 5.3 Insurance 13 5.4 No Bond Required of Trustees 13 5.5 9 5.4 No Duty of Investigation; No Notice in Trust Instruments, etc. 13 5.6 9 5.5 Reliance on Experts, etc. 13 9 ARTICLE VI Units of Beneficial Interest — SHARES OF BENEFICIAL INTEREST 10 6.1 Beneficial Interest 13 10 6.2 Other Securities 13 Establishment of Series and Classes 10 6.3 Rights of Unitholders 14 Shareholders 11 6.4 Nature of Entity 14 Trust Only 11 6.5 Issuance of Units 14 Shares 11 6.6 Register of Units 15 Shares 11 6.7 Transfer Agent and Rxxxxxxxx Xxxxxxxxx 00 6.8 Transfer of Units 15 Shares 12 6.9 Derivative Claims 12 6.10 Direct Claims 12 6.11 Notices 16 12 ARTICLE VII Custodians — CUSTODIANS 13 7.1 Appointment and Duties 16 13 7.2 Central Certificate System 16 13 ARTICLE VIII Redemption — REDEMPTIONS AND REPURCHASES 14 8.1 Redemptions 17 and Repurchases of Shares 14 8.2 Manner of Payment 14 8.3 Disclosure of Holding 17 14 ARTICLE IX Capital Accounts and Operation Thereof — DETERMINATION OF NET ASSET VALUE, NET INCOME AND DISTRIBUTIONS 14 9.1 Capital Accounts 17 Net Asset Value 14 9.2 Regulatory Allocations 18 Distributions to Shareholders 14 9.3 Adjustment of Basis of Units 20 9.4 Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination of Certain Matters 22 9.8 No Deficit Makeup 23 Power to Modify Foregoing Procedures 15 ARTICLE X Determination of Net Asset Value; Net Income; and Distributions— SHAREHOLDERS 15

Limitations of Liability and Indemnification. 5.1 No Personal Liability of UnitholdersShareholders, Trustees, etc. 11 10 5.2 Mandatory Indemnification 12 10 5.3 Insurance 13 5.4 No Bond Required of Trustees 13 5.5 No Duty of Investigation; : Notice in Trust Instruments, etc. 13 5.6 12 5.4 Reliance on Experts, etc. 13 12 ARTICLE VI Units Shares of Beneficial Interest 6.1 Beneficial Interest 12 6.2 Series Designation 12 6.3 Class Designation 13 6.2 Other Securities 6.4 Description of Shares 13 6.3 6.5 Rights of Unitholders 14 6.4 Nature of Entity 14 6.5 Shareholders 15 6.6 Trust Only 15 6.7 Issuance of Units 14 6.6 Shares 15 6.8 Register of Units Shares 15 6.7 6.9 Transfer Agent and Rxxxxxxxx Xxxxxxxxx 00 6.8 6.10 Transfer of Units 15 6.9 Shares 16 6.11 Notices 16 ARTICLE VII Custodians 7.1 Appointment and Duties 16 7.2 Central Certificate System 16 17 ARTICLE VIII Redemption 8.1 Redemptions 17 8.2 Disclosure of Holding 17 18 8.3 Redemptions of Small Accounts 18 ARTICLE IX Capital Accounts and Operation Thereof 9.1 Capital Accounts 17 9.2 Regulatory Allocations 18 9.3 Adjustment of Basis of Units 20 9.4 Transfer of or Change in Interests 20 9.5 Syndication and Organization Expenses 20 9.6 Tax Allocations 20 9.7 Determination of Certain Matters 22 9.8 No Deficit Makeup 23 ARTICLE X Determination of Net Asset Value; Value Net Income; Income and Distributions