Common use of Offering Documents and Reports Clause in Contracts

Offering Documents and Reports. 3.1 The Fund, the Sponsor or their designee shall provide the Company (at the Sponsor’s expense) with as many copies of the Fund’s current prospectus as the Company may reasonably request. The Company shall provide a copy of the Fund’s prospectus to each Variable Insurance Product owner. If requested by the Company in lieu thereof, the Fund or the Sponsor shall provide such documentation (including a final copy of the new prospectus as set in type at the Fund’s or the Sponsor’s expense) and other assistance as is reasonably necessary in order for the Company once each year (or more frequently if the prospectus for the Fund is amended) to have the prospectus for the Variable Insurance Products and the Fund’s prospectus printed together in one document (such printing to be at the Company’s expense). If the Fund elects to issue a stand-alone summary prospectus, the Fund or its designee will comply with all applicable legal requirements associated with the issuing of a stand-alone summary prospectus, including, without limitation, set up and maintenance of any required website to house required documents and links to documents and any other legally mandated requirements applicable to Vanguard and/or the Fund, and shall bear all expenses it incurs in connection with such compliance.