Common use of Major Shareholders Clause in Contracts

Major Shareholders. As of March 1, 2002 , the only persons who owned of record or was known by the Fund to own beneficially 5% or more of the Fund's outstanding securities of any class were: Xxxxxxx Xxxxx, Xxxxxx Xxxxxx & Xxxxx, 0000 Xxxx Xxxx Xxxxx, Xxxx, Xxxxxxxxxxxx, Xxxxxxx 00000, which owned 9,986,415.908 Class A shares (representing approximately 26.95% of the Class A shares then outstanding), 1,438,654.160 Class B shares (representing approximately 9.08% of the Class B shares then outstanding) and 1,215,164.229 Class C shares (representing approximately 14.90% of the Class C shares then outstanding), which it advised the Fund that it held for the benefit of its customers, Sterling Trust Co. TR Zomba Recording 401(k), 0000 Xxxxxxxx Xxxxxx, Denver, CO 80204-2060, which owned 57,153.397 Class N shares (representing approximately 12.50% of the Class N shares then outstanding) and Sterling Trust CO XX Xxxxxx Reliable Tool & Manufact., 0000 Xxxxxxxx Street, Denver, CO 80204-2060, which owned 35,657.141 Class N shares (representing approximately 7.80% of the Class N shares then outstanding), Xxxxxxx Di Xxxxx TR, TJH Medical Services PC 401(k), 0000 000xx Xxxxxx, Xxxxxxx, XX 00000-0000, which owned 29,315.095 Class N shares (representing approximately 6.41% of the Class N shares then outstanding), RPSS TR, KAZ, Inc. 401(k) Plan, 0000 Xxxxxxxx, Xxx Xxxx, XX 00000, which owned 27,472.798 Class N shares (representing approximately 6.01% of the Class N shares then outstanding). The Manager. The Manager is wholly-owned by Xxxxxxxxxxx Acquisition Corp., a holding company controlled by Massachusetts Mutual Life Insurance Company.

Major Shareholders. As of March February 1, 2002 2002, the only persons who owned of record or was were known by the Fund to own beneficially 5% or more of any class of the Fund's outstanding securities of any class shares were: Xxxxxxx Xxxxx, Xxxxx Xxxxxx Xxxxxx & Xxxxx, Attn: Fund Admin./#97HX7, 0000 Xxxx Xxxx Xxxxx, Xxxxx Xxxx, XxxxxxxxxxxxXxxxx 0, Xxxxxxxxxxxx Xxxxxxx 00000-0000, which owned 9,986,415.908 Class A shares (representing approximately 26.95% of the Class A shares then outstanding), 1,438,654.160 Class B shares (representing approximately 9.08% of the Class B shares then outstanding) and 1,215,164.229 694,835.576 Class C shares (representing approximately 14.908.19% of the Class C shares then outstanding), which it advised the Fund that it held for the benefit of its customers; PECO Foods Inc., Sterling Trust Co. TR Zomba Recording 401(k), 0000 Xxxxxxxx Attn: M Xxxxxxx & X. Xxxxxx, DenverP.O. Box # 1760, CO 80204Tuscaloosa, AL 35403-20601760, which owned 57,153.397 60,987.517 Class N shares (representing approximately 12.50% of the Class N shares then outstanding) and Sterling Trust CO XX Xxxxxx Reliable Tool & Manufact., 0000 Xxxxxxxx Street, Denver, CO 80204-2060, which owned 35,657.141 Class N shares (representing approximately 7.8025.42% of the Class N shares then outstanding); Xxxxxxx Xxxxxx Inc, Xxxxxxx Di Attn: Xxxxx TR, TJH Medical Services PC 401(k), 0000 000xx Xxxxxx, Xxxxxxx, XX 00000000 Xxxxxxx Xxxx Road, W.Greenwich, RI 02817-00001709, which owned 29,315.095 20,769.700 Class N shares (representing approximately 6.418.66% of the Class N shares then outstanding); Kaz, RPSS TRInc., KAZ, Inc. 401(k) PlanAttn: Xxxxxx Xxxxxxx, 0000 Xxxxxxxx, Xxxxx 0000 Xxx Xxxx, XX 00000-1903, which owned 27,472.798 15.066.735 Class N shares (representing approximately 6.016.28% of the Class N shares then outstanding); Capital Communications Federal, 00 Xxxxxxxx Xxxxx, Xxxxxx, XX 00000-1111, which owned 12,378.805 Class N shares (representing 5.16% of the Class N shares than outstanding); Mass Mutual Life Insurance Co, Attn: Xxxxxx Xxxxxxxx, 0000 Xxxxx Xxxxxx, Xxxxxxxxxxx Xxxxxxxxxxxxx 0000-0000, which owned 743,662.625 Class Y shares (representing 83.42% of the Class Y shares then outstanding); and Persumma Financial Services, 0000 Xxxxx Xxxxxx, # X000, Xxxxxxxxxxx, XX 00000-0000, which owned 112,113.303 Class Y shares (representing 12.57% of the Class Y shares then outstanding). The Manager. The Manager is wholly-owned by Xxxxxxxxxxx Acquisition Corp., a holding company controlled by Massachusetts Mutual Life Insurance Company. |X| Code of Ethics. The Fund, the Manager and the Distributor have a Code of Ethics. It is designed to detect and prevent improper personal trading by certain employees, including portfolio managers, that would compete with or take advantage of the Fund's portfolio transactions. Covered persons include persons with knowledge of the investments and investment intentions of the Fund and other funds advised by the Manager. The Code of Ethics does permit personnel subject to the Code to invest in securities, including securities that may be purchased or held by the Fund, subject to a number of restrictions and controls. Compliance with the Code of Ethics is carefully monitored and enforced by the Manager.

Major Shareholders. As of March 1, 2002 , the only persons who owned of record or was were known by the Fund to own beneficially 5% or more of any class of the Fund's outstanding securities of any class wereshares was: Xxxxxxx XxxxxUnified Fund Services, Xxxxxx Xxxxxx & XxxxxInc., 0000 Xxxx Xxxx Xxxxx, Xxxx000 Xxxxx Xxxxxxxxxxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxxxx 00000-0000, which owned 9,986,415.908 3,670,595.236 Class A shares (representing approximately 26.9522.97% of the Class A shares then outstanding); Reliastar Life Insurance Co., 1,438,654.160 X.X. Xxx 00000, Xxxxxxxxxxx, XX 00000, which owned 954,752.409 Class B A shares (representing approximately 9.085.97% of the Class B A shares then outstanding) ); and 1,215,164.229 Xxxxxxx Xxxxx Xxxxxx Xxxxxx & Xxxxx, Inc., 0000 Xxxx Xxxx Xxxxx Xxxx, Xxxxx 0, Xxxxxxxxxxxx, Xxxxxxx 00000-0000, which owned 238,639.313 Class C shares (representing approximately 14.908.70% of the Class C shares then outstanding), which it advised the Fund that it held for the benefit of its customers, ; Sterling Trust Co. TR Zomba Recording 401(k)Company Copper & Brass International 401-K Plan, 0000 Xxxxxxxx Xxxxxx, Suite 1400, Denver, CO Colorado 80204-2060, which owned 57,153.397 9,286.727 Class N shares (representing approximately 12.50% of the Class N shares then outstanding) and Sterling Trust CO XX Xxxxxx Reliable Tool & Manufact., 0000 Xxxxxxxx Street, Denver, CO 80204-2060, which owned 35,657.141 Class N shares (representing approximately 7.8015.70% of the Class N shares then outstanding); Compass Medical P.C. 401-K Plan, 000 Xxxxxxx Di Xxxxx TR, TJH Medical Services PC 401(k), 0000 000xx Xxxxxx, XxxxxxxXxxxx 000, XX Xxxxxxxx, Xxxxxxxxxxxxx 00000-0000, which owned 29,315.095 8,516.743 Class N shares (representing approximately 6.4114.40% of the Class N shares then outstanding), RPSS TR, KAZ, ; Xxxxxx Xxxxx & Xxxxxx Xxxxxxx & Xxxxx Xxxxx Trustees OPN Architects Inc. 401(k) 401-K Plan, 0000 Xxxxxxxx000 0xx Xxxxxx, Xxx XxxxXxxxx 000, XX Xxxxx Xxxxxx, Xxxx 00000-0000, which owned 27,472.798 8,460.628 Class N shares (representing approximately 6.0114.30% of the Class N shares then outstanding); Symcom Inc. 401-K Plan, 0000 X. Xxxxx Xxxxx, Xxxxx Xxxx, Xxxxx Xxxxxx 00000-0000, which owned 5,543.199 Class N shares (representing 9.37% of the Class N shares then outstanding); XX Xxxxxxxx & Xxxxxxx Spaght Trustees FBO Xxxxxxx Spaght, 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000-0000, which owned 4,722.604 Class N shares (representing 7.98% of the Class N shares then outstanding); Xxxxxx Xxxxxxx XXX, 00000 X. Xxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx 00000-0000, which owned 4,473.399 Class N shares (representing 7.56% of the Class N shares then outstanding); and Reliance Trust Company Trustee Mesa Industries, Inc., 0000 Xxxxxxxxx Xxxxxxxxxx, Xxxxx 000, Xxxxxxx, Xxxxxxx 00000-0000, which owned 4,433.311 Class N shares (representing 7.49% of the Class N shares then outstanding). The Manager. The Manager is wholly-owned by Xxxxxxxxxxx Acquisition Corp., a holding company controlled by Massachusetts Mutual Life Insurance Company. |X| Code of Ethics. The Fund, the Manager and the Distributor have a Code of Ethics. It is designed to detect and prevent improper personal trading by certain employees, including portfolio managers, that would compete with or take advantage of the Fund's portfolio transactions. Covered persons include persons with knowledge of the investments and investment intentions of the Fund and other funds advised by the Manager. The Code of Ethics does permit personnel subject to the Code to invest in securities, including securities that may be purchased or held by the Fund, subject to a number of restrictions and controls. Compliance with the Code of Ethics is carefully monitored and enforced by the Manager.

Major Shareholders. As of March February 1, 2002 2002, the only persons who owned of record or was were known by the Fund to own beneficially 5% or more of any class of the Fund's outstanding securities of any class shares were: Xxxxxxx Xxxxx, Xxxxx Xxxxxx Xxxxxx & Xxxxx, Attn: Fund Admin./#97HX7, 0000 Xxxx Xxxx Xxxxx, Xxxxx Xxxx, XxxxxxxxxxxxXxxxx 0, Xxxxxxxxxxxx Xxxxxxx 00000-0000, which owned 9,986,415.908 Class A shares (representing approximately 26.95% of the Class A shares then outstanding), 1,438,654.160 Class B shares (representing approximately 9.08% of the Class B shares then outstanding) and 1,215,164.229 694,835.576 Class C shares (representing approximately 14.908.19% of the Class C shares then outstanding), which it advised the Fund that it held for the benefit of its customers; PECO Foods Inc., Sterling Trust Co. TR Zomba Recording 401(k), 0000 Xxxxxxxx Attn: M Xxxxxxx & X. Xxxxxx, DenverX.X. Xxx # 0000, CO 80204Xxxxxxxxxx, XX 00000-20600000, which owned 57,153.397 60,987.517 Class N shares (representing approximately 12.50% of the Class N shares then outstanding) and Sterling Trust CO XX Xxxxxx Reliable Tool & Manufact., 0000 Xxxxxxxx Street, Denver, CO 80204-2060, which owned 35,657.141 Class N shares (representing approximately 7.8025.42% of the Class N shares then outstanding); Xxxxxxx Xxxxxx Inc, Xxxxxxx Di Attn: Xxxxx TR, TJH Medical Services PC 401(k), 0000 000xx Xxxxxx, Xxxxxxx, XX 00000000 Xxxxxxx Xxxx Road, W.Greenwich, RI 02817-00001709, which owned 29,315.095 20,769.700 Class N shares (representing approximately 6.418.66% of the Class N shares then outstanding); Kaz, RPSS TRInc., KAZ, Inc. 401(k) PlanAttn: Xxxxxx Xxxxxxx, 0000 Xxxxxxxx, Xxxxx 0000 Xxx Xxxx, XX 00000-0000, which owned 27,472.798 15.066.735 Class N shares (representing approximately 6.016.28% of the Class N shares then outstanding); Capital Communications Federal, 00 Xxxxxxxx Xxxxx, Xxxxxx, XX 00000-0000, which owned 12,378.805 Class N shares (representing 5.16% of the Class N shares than outstanding); Mass Mutual Life Insurance Co, Attn: Xxxxxx Xxxxxxxx, 0000 Xxxxx Xxxxxx, Xxxxxxxxxxx Xxxxxxxxxxxxx 0000-0000, which owned 743,662.625 Class Y shares (representing 83.42% of the Class Y shares then outstanding); and Persumma Financial Services, 0000 Xxxxx Xxxxxx, # X000, Xxxxxxxxxxx, XX 00000-0000, which owned 112,113.303 Class Y shares (representing 12.57% of the Class Y shares then outstanding). The Manager. The Manager is wholly-owned by Xxxxxxxxxxx Acquisition Corp., a holding company controlled by Massachusetts Mutual Life Insurance Company. |X| Code of Ethics. The Fund, the Manager and the Distributor have a Code of Ethics. It is designed to detect and prevent improper personal trading by certain employees, including portfolio managers, that would compete with or take advantage of the Fund's portfolio transactions. Covered persons include persons with knowledge of the investments and investment intentions of the Fund and other funds advised by the Manager. The Code of Ethics does permit personnel subject to the Code to invest in securities, including securities that may be purchased or held by the Fund, subject to a number of restrictions and controls. Compliance with the Code of Ethics is carefully monitored and enforced by the Manager.