Common use of Orders and Settlement Clause in Contracts

Orders and Settlement. (a) Upon the receipt of instructions from RIA Clients, ETSB will transmit to a Fund’s transfer agent orders to purchase or redeem Fund shares on the basis of those instructions. ETSB agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order by ETSB by 4:00 pm eastern time will be submitted that day (Trade Date) and settled on T+1 via NSCC normal processing ETSB agrees to provide notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order by ETSB from RIA Clients shall be the trade date for which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order by ETSB from RIA Clients after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus unless ETSB otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSB’s compliance with the foregoing, ETSB will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customer.

Orders and Settlement. (a) Upon the receipt of instructions from RIA ClientsPlan participants or Plan Representatives, ETSB JPMorgan will calculate order allocations among designated investment media and transmit to a Fund’s the transfer agent of each Fund orders to purchase or redeem Fund shares for specified Accounts on the basis of those instructions. ETSB JPMorgan agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order proper form by ETSB by 4:00 pm eastern time JPMorgan from Plan participants or Plan Representatives prior to the Close of Trading on any given Business Day will be submitted processed that day (Trade Date) same evening and settled transmitted to the Fund’s transfer agent by 7:00 a.m. Central time on T+1 via NSCC normal processing ETSB the next Business Day. JPMorgan agrees to provide advanced notice upon receipt of instructions in good order to Series Trust of Plan events that may result in financial large transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. JPMorgan agrees that payment for net purchases of Fund shares attributable to all orders executed for the Accounts on a given Business Day will be wired no later than 11:00 a.m. Central time by JPMorgan to a custodial account designated by Trust on the same Business Day such purchase orders are transmitted to the Fund’s transfer agent. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares attributable to all orders executed for the accounts on a given Business Day on the Business Day such redemption orders are transmitted to a the Fund’s transfer agent to an account designated by ETSB JPMorgan no later than 2 PM Eastern Time11:00 a.m. Central time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order proper form by ETSB JPMorgan from RIA Clients Plan participants or Plan Representatives shall be the trade date for as of which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order proper form by ETSB JPMorgan from RIA Clients Plan participants or Plan Representatives after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions Dividends and capital gain distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus unless ETSB JPMorgan otherwise indicates that such dividends and distributions are to be paid in cash. (d) Subject to ETSBJPMorgan’s compliance with the foregoing, ETSB JPMorgan will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of Plan participants. For each Account in which cash dividends and capital gains distributions are received by JPMorgan from the Funds for payment to shareholders, JPMorgan shall be solely responsible for ensuring that all such cash dividends and distributions are paid to shareholders in a Customertimely manner. Any liabilities arising from such cash dividend and distributions payments reported by shareholders as lost, stolen, materially altered or forged shall be the sole responsibility of JPMorgan.

Orders and Settlement. (a) Upon the receipt of determination by UPI that instructions from RIA ClientsParticipants or Plan Representatives are in proper form, ETSB UPI will calculate order allocations among designated investment media and UPI or its designee will transmit to a Fund’s transfer agent BISYS orders to purchase or redeem Fund shares Shares for specified Accounts on the basis of those instructions. ETSB For purposes of this Agreement, instructions received by UPI shall be considered "in proper form" C-134 when all of the following conditions have been satisfied: (i) such instructions are clear and unambiguous, (ii) UPI has been advised by the Plan's trustee, custodian or other appropriate Plan Representative that good funds have been obtained with respect to instructions involving purchases of Funds, and (iii) UPI has had sufficient time to process the instruction in keeping with its usual processing procedures. UPI agrees that orders for net purchases or net redemptions of Fund shares Shares derived from instructions received in good order proper form by ETSB by 4:00 pm eastern UPI from Participants or Plan Representatives prior to such time on any given Business Day as UPI shall determine in accordance with its standard practices and procedures ("UPI Cutoff Time") will be submitted processed that day (Trade Date) same evening and settled on T+1 via NSCC normal processing ETSB agrees transmitted to provide notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust BISYS or its designee by 9:00 a.m. Eastern Time on the next Business Day. UPI agrees that payment for net purchases of Shares attributable to all orders executed for the Accounts on a given Business Day will use best efforts be wired by UPI or its designee on the same Business Day such purchase orders are transmitted to wire BISYS or its designees no later than 5:00 p.m. Eastern Time to a custodial account designated by BISYS. BISYS agrees that payment for net redemptions of Fund shares Shares attributable to all orders executed for the Accounts on a given Business Day will be wired by BISYS on the same-Business Day such redemption orders are transmitted to BISYS or its designee no later than 6:00 p.m. Eastern Time to a Fund’s transfer agent to an custodial account designated by ETSB no later than 2 PM Eastern Time; providedUPI. Subject to UPI's compliance with the foregoing, however, that a UPI will be considered agent for the Fund may, if necessary, delay redemption of Fund shares or extend settlement to Company and the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received in proper form by UPI from Participants or Plan Representatives by the Close of Trading in good order by ETSB from RIA Clients shall UPI Cutoff Time will be the trade date for as of which shares of the Funds shall Shares will be purchased and redeemed as a result of such instructions. Instructions received in good order proper form by ETSB UPI from RIA Clients Participants or Plan Representatives after the Close of Trading UPI Cutoff Time on any given Business Day shall be treated as if received on the next following Business Day. Distributions Dividends and capital gains distributions will be automatically reinvested at net asset value in accordance with each Fund’s 's then current prospectus unless ETSB otherwise indicates that such distributions are to be paid in cashprospectus. (d) Subject to ETSB’s compliance with the foregoing, ETSB will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customer.

Orders and Settlement. (a) Upon the receipt of instructions from RIA Clients--------------------- Participants or Plan Representatives, ETSB the Service Provider will calculate order allocations among designated investment media and transmit to a Fund’s the transfer agent of each Fund orders to purchase or redeem Fund shares Shares for specified Accounts on the basis of those instructions. ETSB The Service Provider agrees that orders for net purchases or net redemptions of Fund shares Shares derived from instructions received in good order proper form by ETSB by 4:00 pm eastern time the Service Provider from Participants or Plan Representatives prior to the Close of Trading on any given Business Day will be submitted processed that day (Trade Date) same evening and settled on T+1 via NSCC normal processing ETSB agrees transmitted to provide notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust Company or its designee by 8:00 a.m. Eastern Time on the next Business Day. The Service Provider agrees that payment for net purchases of Shares attributable to all orders executed for the Accounts on a given Business Day will use best efforts be wired by the Service Provider (or that Service Provider shall cause such payment to wire be wired) on the same Business Day such purchase orders are transmitted to the Company or its designee no later than 2:00 p.m. Eastern Time to a custodial account designated by the Company. Subject to the terms and provisions set forth in each Fund's current prospectus, Company agrees that payment for net redemptions of Fund shares Shares attributable to all orders executed for the Accounts on a given Business Day will be wired by Company on the same Business Day such redemption orders are transmitted to the Company or its designee no later than 2:00 p.m. Eastern Time to a Fund’s transfer agent to an custodial account designated by ETSB no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement Service Provider. Subject to the extent permitted by Service Provider's compliance with the 1940 Act foregoing, the Service Provider will be considered an agent for the Funds for the sole and as prescribed in limited purpose of receiving Share purchase and redemption instructions, and the Fund’s then current prospectus. (c) The Business Day on which instructions are received in proper form by the Service Provider from Participants or Plan Representatives by the Close of Trading in good order by ETSB from RIA Clients shall will be the trade date for as of which shares of the Funds shall Shares will be purchased and redeemed as a result of such instructions. Instructions received in good order proper form by ETSB the Service Provider from RIA Clients Participants or Plan Representatives after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions Dividends and capital gains distributions will be automatically reinvested at net asset value in accordance with each Fund’s 's then current prospectus unless ETSB otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSB’s compliance with a specific alternative is requested by a Plan. Notwithstanding the foregoing, ETSB the Service Provider will not be considered deemed to be a transfer agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customerany Fund.

Orders and Settlement. (a) Upon the receipt of instructions from RIA Clients, ETSB Barclays will transmit to a Fund’s transfer agent orders to purchase or redeem Fund shares on the basis of those instructions. ETSB Barclays agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order by ETSB by 4:00 pm eastern time Barclays from its Clients prior to the Close of Trading on any given Business Day will be submitted processed that day same evening and transmitted to the Fund’s transfer agent by 8:30 a.m. Eastern Time on the next Business Day. Barclays agrees that payment for net purchases on a given Business Day will be wired no later than 12 noon Eastern Time by Barclays to a custodial account designated by Series Trust on the same Business Day such purchase orders are transmitted to the Fund’s transfer agent. Wires will be transmitted in accordance with then current NSCC DCC&S processing guidelines (Trade Date) and settled on T+1 via collectively, “NSCC normal processing ETSB guidelines”). Barclays agrees to provide advance notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 5 million or more and use best efforts to estimate the trade value of such transactions; such notice shall be provided no later than 2 PM Eastern Time on the day of such transactions. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB Barclays no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order by ETSB Barclays from RIA Clients shall be the trade date for which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order by ETSB Barclays from RIA Clients after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus unless ETSB Barclays otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSBBarclays’s compliance with the foregoing, ETSB Barclays will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customer. Barclays shall be solely responsible for ensuring that all cash distributions paid to an account by a Fund are paid to Customers’ accounts in a timely manner. Any liabilities arising from such cash distribution payments reported as lost, stolen, materially altered or forged shall be the sole responsibility of Barclays.

Orders and Settlement. (a) Upon the receipt of instructions from RIA Clients, ETSB Plan Provider will calculate order allocations among designated investment media and transmit to a Fund’s transfer agent Distributor orders to purchase or redeem Fund shares on the basis of those instructionsShares for specified Accounts. ETSB Plan Provider agrees that orders for net purchases or net redemptions of Fund shares Shares derived from instructions received in good order proper form by ETSB by 4:00 pm eastern time Plan Provider from Plan Representatives prior to the Close of Trading on any given Business Day will be submitted processed that day (Trade Date) same evening and settled on T+1 via NSCC normal processing ETSB agrees transmitted to provide notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust Distributor or its designee by [9:00 a.m. - 10:00 a.m.] Central Time on the following Business Day. Plan Provider agrees that payment for net purchases of Shares attributable to all orders executed for the Accounts on a given Business Day will use best efforts be wired by Plan Provider or its designee no later than [2:00 p.m. - closing of fed. wire] Central Time to wire a custodial account designated by Distributor. Distributor agrees that payment for net redemptions of Fund shares Shares attributable to all orders executed for the Accounts on a given 2 Business Day will be wired by Distributor on the next Business Day after such redemption orders are transmitted to a Fund’s transfer agent Distributor or its designee no later than [the close of business on the next Business Day] [the close of business on the day after the next Business Day] to an account designated by ETSB no later than 2 PM Eastern Time; providedPlan Provider. Subject to Plan Provider's compliance with the foregoing, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to Plan Provider will be considered agent for the extent permitted by Funds and the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received in proper form by Plan Provider from Participants or Plan Representatives by the Close of Trading in good order by ETSB from RIA Clients shall will be the trade date for as of which shares of the Funds shall Shares will be purchased and redeemed as a result of such instructions. Plan Provider will time and date stamp instructions received from Participants or Plan Representatives [or Plan Provider will create and maintain comparable electronic form of such instructions] and will make such instructions and other records relating to the Services performed hereunder available for audit by Distributor's auditors upon request. Instructions received in good order proper form by ETSB Plan Provider from RIA Clients Participants or Plan Representatives after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions Dividends and capital gains distributions will be automatically reinvested on payable date at net asset value in accordance with each Fund’s 's then current prospectus unless ETSB otherwise indicates that such distributions are to be paid in cashprospectus. (d) Subject to ETSB’s compliance with the foregoing, ETSB will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customer.

Orders and Settlement. (a) Upon the receipt of instructions from RIA ClientsInvestment Account Representatives, ETSB Service Provider will calculate order allocations among designated investment media and transmit to a Fund’s transfer agent VFS net orders to purchase or redeem Shares for specified Fund shares Accounts on the basis of those instructions. ETSB VFS hereby designates Service Provider as its limited agent, solely for the purpose of assuring that the time of receipt by Service Provider, of an order to purchase or redeem Shares, shall be controlling for purposes of determining the net asset value per share to which such order is entitled, and Service Provider agrees that only orders for net purchases or net redemptions of Fund shares Shares derived from instructions received in good order proper form by ETSB by 4:00 pm eastern time will be submitted that day (Trade Date) and settled on T+1 via NSCC normal processing ETSB agrees Service Provider from Investment Account Representatives prior to provide notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order by ETSB from RIA Clients shall be the trade date for which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order by ETSB from RIA Clients after the Close of Trading on any given Business Day shall will be treated as if processed that same evening and transmitted to VFS utilizing NSCC. Service Provider will transmit order allocations received prior to the Close of Trading on a given Business Day to VFS no later than 6:00 a.m. Eastern Time on the next following Business Day. Distributions will be automatically reinvested Service Provider agrees that it shall have in place, maintain and comply with, at net asset value in accordance all times during the term of this Agreement, internal controls reasonably designed to prevent Investment Account orders received after the Close of Trading on a Business Day from being aggregated with each Fund’s then current prospectus unless ETSB otherwise indicates orders properly received before that such distributions are to be paid in cash. (d) Subject to ETSB’s compliance with time. Without limiting the foregoing, ETSB Service Provider shall conduct these activities in a competent manner and in compliance with (a) all applicable laws, rules and regulations, and the rules and procedures of the NSCC relating to NETWORKING - - Matrix Levels, and (b) the then-current prospectus(es) and statement(s) of additional information of the Funds, as amended or supplemented from time to time. 3.1 The parties agree that payment for net purchases of Shares executed by Service Provider on a given Business Day will be considered agent wired by Service Provider no later than the close of the Federal Bank on the next Business Day to a custodial account designated by VFS, and payment for redemptions of Shares executed by Service Provider on a given Business Day will be wired by VFS or the Funds no later than the close of the Federal Bank on the next Business Day to an account designated by Service Provider. 3.2 Service Provider understands and agrees that it is solely responsible for the Funds for the sole and limited purpose accuracy of receiving any orders for purchases and redemptions transmitted to VFS or the Funds, and the transmission of shares any order shall constitute Service Provider's representation to VFS and the Funds that the order is accurate, complete and duly authorized by the Investment Account Representatives whose Shares are the subject of the Funds on behalf order. Service Provider hereby agrees to indemnify and hold harmless VFS, its affiliates, the Funds, the Funds' investment advisers, the Funds' administrators, and each of their trustees/directors, officers, employees, agents and each person, if any, who controls them within the meaning of the Securities Act of 1933, as amended (the "1933 Act"), against any losses, claims, damages, liabilities or expenses arising out of information or instructions from Service Provider concerning any purchase, redemption, exchange or other transaction in Shares that VFS or a CustomerFund reasonably believes to be valid.

Orders and Settlement. (a) Upon the receipt of instructions from RIA ClientsParticipants or Plan Representatives, ETSB the Service Provider will calculate order allocations among designated investment media and transmit to a Fund’s the transfer agent of each Fund orders to purchase or redeem Fund shares Shares for specified Accounts on the basis of those instructions. ETSB The Service Provider agrees that orders for net purchases or net redemptions of Fund shares Shares derived from instructions received in good order proper form by ETSB by 4:00 pm eastern time the Service Provider from Participants or Plan Representatives prior to the Close of Trading on any given Business Day will be submitted processed that day (Trade Date) same evening and settled on T+1 via NSCC normal processing ETSB agrees transmitted to provide notice upon receipt of instructions in good order to Series Trust of events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust Company or its designee by 8:00 a.m. Eastern Time on the next Business Day. The Service Provider agrees that payment for net purchases of Shares attributable to all orders executed for the Accounts on a given Business Day will use best efforts be wired by the Service Provider (or that Service Provider shall cause such payment to wire be wired) on the same Business Day such purchase orders are transmitted to the Company or its designee no later than 2:00 p.m. Eastern Time to a custodial account designated by the Company. Subject to the terms and provisions set forth in each Fund's current prospectus, Company agrees that payment for net redemptions of Fund shares Shares attributable to all orders executed for the Accounts on a given Business Day will be wired by Company on the same Business Day such redemption orders are transmitted to the Company or its designee no later than 2:00 p.m. Eastern Time to a Fund’s transfer agent to an custodial account designated by ETSB no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement Service Provider. Subject to the extent permitted by Service Provider's compliance with the 1940 Act foregoing, the Service Provider will be considered an agent for the Funds for the sole and as prescribed in limited purpose of receiving Share purchase and redemption instructions, and the Fund’s then current prospectus. (c) The Business Day on which instructions are received in proper form by the Service Provider from Participants or Plan Representatives by the Close of Trading in good order by ETSB from RIA Clients shall will be the trade date for as of which shares of the Funds shall Shares will be purchased and redeemed as a result of such instructions. Instructions received in good order proper form by ETSB the Service Provider from RIA Clients Participants or Plan Representatives after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions Dividends and capital gains distributions will be automatically reinvested at net asset value in accordance with each Fund’s 's then current prospectus unless ETSB otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSB’s compliance with a specific alternative is requested by a Plan. Notwithstanding the foregoing, ETSB the Service Provider will not be considered deemed to be a transfer agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customerany Fund.

Orders and Settlement. (a) Upon the receipt of instructions from RIA ClientsPlan Representative, ETSB Recordkeeper, through its affiliate, will transmit to a Fund’s transfer agent orders to purchase or redeem Fund shares for an Account on the basis of those instructions. ETSB Recordkeeper agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order by ETSB by 4:00 pm eastern time Recordkeeper from Plan Representative prior to the Close of Trading on any given Business Day will be submitted processed that day same evening and transmitted to the Fund’s transfer agent by 8:30 a.m. Eastern Time on the next Business Day. Recordkeeper agrees that payment for net purchases by an Account of Fund shares on a given Business Day will be wired no later than 12 noon Eastern Time by Recordkeeper to a custodial account designated by Series Trust on the same Business Day such purchase orders are transmitted to the Fund’s transfer agent. Wires will be transmitted in accordance with then current NSCC DCC&S processing guidelines (Trade Date) and settled on T+1 via collectively, “NSCC normal processing ETSB guidelines”). Recordkeeper agrees to provide 1 Business Days’ advance notice upon receipt of instructions in good order to Series Trust of Plan events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares by an Account on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB Recordkeeper no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order by ETSB Recordkeeper from RIA Clients Plan Representative shall be the trade date for which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order by ETSB Recordkeeper from RIA Clients Plan Representative after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus unless ETSB Recordkeeper otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSBRecordkeeper’s compliance with the foregoing, ETSB Recordkeeper will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of an Account. Recordkeeper shall be solely responsible for ensuring that all cash distributions paid to an Account by a CustomerFund are paid to Plan Participants’ accounts in a timely manner. Any liabilities arising from such cash distribution payments reported by Plan as lost, stolen, materially altered or forged shall be the sole responsibility of Recordkeeper.

Orders and Settlement. (a) Upon the receipt of instructions from RIA ClientsPlan Representative, ETSB Recordkeeper will transmit to a Fund’s transfer agent orders to purchase or redeem Fund shares for an Account on the basis of those instructions. ETSB Recordkeeper agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order by ETSB by 4:00 pm eastern time Recordkeeper from Plan Representative prior to the Close of Trading on any given Business Day will be submitted processed that day same evening and transmitted to the Fund’s transfer agent by 7:30 a.m. Eastern Time on the next Business Day. Recordkeeper agrees that payment for net purchases by an Account of Fund shares on a given Business Day will be wired no later than 12 noon Eastern Time by Recordkeeper to a custodial account designated by Series Trust on the same Business Day such purchase orders are transmitted to the Fund’s transfer agent. Wires will be transmitted in accordance with then current NSCC DCC&S processing guidelines (Trade Date) and settled on T+1 via collectively, “NSCC normal processing ETSB guidelines”). Recordkeeper agrees to provide 1 Business Day’s advance notice upon receipt of instructions in good order to Series Trust of Plan events that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares by an Account on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB Recordkeeper no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order by ETSB Recordkeeper from RIA Clients Plan Representative shall be the trade date for which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order by ETSB Recordkeeper from RIA Clients Plan Representative after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus unless ETSB Recordkeeper otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSBRecordkeeper’s compliance with the foregoing, ETSB Recordkeeper will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of an Account. Recordkeeper shall be solely responsible for ensuring that all cash distributions paid to an Account by a CustomerFund are paid to Plan Participants’ accounts in a timely manner. Any liabilities arising from such cash distribution payments reported by Plan as lost, stolen, materially altered or forged shall be the sole responsibility of Recordkeeper.

Orders and Settlement. (a) Upon the receipt by Ascensus of instructions from RIA ClientsParticipants or Plan representatives that are in proper form, ETSB Ascensus will calculate order allocations among designated investment media and Ascensus or its designee will transmit to a Fund’s transfer agent the NSCC or the Series Trust, or its designee, as the parties mutually agree, orders to purchase or redeem Fund shares Shares for specified Accounts on the basis of those instructions. ETSB agrees that orders for net purchases or net redemptions For purposes of Fund shares derived from this Agreement, instructions received in good order by ETSB by 4:00 pm eastern time Ascensus will be submitted considered "in proper form" when all of the following conditions have been satisfied: (i) such instructions are clear and unambiguous, and are provided either in writing or via Ascensus’ interactive voice response telephone line, Ascensus’ live representative telephone line, an Ascensus website, or any other means Ascensus deems acceptable, and (ii) Ascensus has been advised by the Plan's trustee, custodian or other appropriate Plan representative that day good funds have been obtained with respect to instructions involving purchases of Funds, and (Trade Dateiii) Ascensus has had sufficient time to process the instruction in keeping with its usual processing procedures and settled (iv) are received by the close of trading on T+1 via NSCC normal processing ETSB that Business Day. Ascensus agrees to provide notice upon receipt of instructions in good order to the Series Trust by 4:00 P.M. on any Business Day of events any event that may result in financial transactions of more than $1 million or more and use best reasonable efforts to estimate the trade value of such transactionstransaction. (b) Ascensus agrees that orders for purchases or redemptions of Shares derived from instructions received in proper form by Ascensus from Participants or Plan representatives prior to such time on any given Business Day as Ascensus will determine in accordance with its standard practices and procedures ("Ascensus Cutoff Time") will be processed that same evening and transmitted to Series Trust or its designee by 8:00 a.m. Eastern Time on the next Business Day. Purchase and redemption transactions will be settled in accordance with NSCC Fund/SERV schedules and methods, unless the parties mutually agree otherwise.Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB Ascensus no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Subject to Ascensus’ compliance with the foregoing, Ascensus will be considered agent for Series Trust and the Funds solely for purposes of providing the Services, and the Business Day on which instructions are received in proper form by Ascensus from Participants or Plan representatives by the Close of Trading in good order by ETSB from RIA Clients shall Ascensus Cutoff Time will be the trade date for as of which shares of the Funds shall Shares will be purchased and redeemed as a result of such instructions. Instructions received in good order proper form by ETSB Ascensus from RIA Clients Participants or Plan representatives after the Close of Trading Ascensus Cutoff Time on any given Business Day shall will be treated as if received on the next following Business Day. Distributions Series Trust agrees that payment for net distributions, in the case of fixed-income funds, will include (when applicable) income earned during the current accrual period. Dividends and capital gains distributions will be automatically reinvested at net asset value in accordance with each Fund’s 's then current prospectus unless ETSB otherwise indicates that such distributions are to be paid in cashprospectus. (d) Subject to ETSB’s compliance with the foregoing, ETSB will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of a Customer.

Orders and Settlement. (a) Upon the receipt of instructions from RIA ClientsPlan Representative, ETSB Recordkeeper will transmit to a Fund’s transfer agent orders to purchase or redeem Fund shares for an Account on the basis of those instructions. ETSB Recordkeeper agrees that orders for net purchases or net redemptions of Fund shares derived from instructions received in good order by ETSB by 4:00 pm eastern time Recordkeeper from Plan Representative prior to the Close of Trading on any given Business Day will be submitted processed that day same evening and transmitted to the Fund’s transfer agent by 7:30 a.m. Eastern Time on the next Business Day. Recordkeeper agrees that payment for net purchases by an Account of Fund shares on a given Business Day will be wired by the Plan’s designee no later than 12 noon Eastern Time to a custodial account designated by Series Trust on the same Business Day such purchase orders are transmitted to the Fund’s transfer agent. Wires will be transmitted in accordance with then current NSCC DCC&S processing guidelines (Trade Date) and settled on T+1 via collectively, “NSCC normal processing ETSB guidelines”). Recordkeeper agrees to provide 1 Business Days’ advance notice upon receipt of instructions in good order to Series Trust of events Plan events, of which the Recordkeeper is aware, that may result in financial transactions of $1 million or more and use best efforts to estimate the trade value of such transactions. (b) Series Trust or its designee will use best efforts to wire payment for net redemptions of Fund shares by an Account on a given Business Day on the Business Day such redemption orders are transmitted to a Fund’s transfer agent to an account designated by ETSB the Plan no later than 2 PM Eastern Time; provided, however, that a Fund may, if necessary, delay redemption of Fund shares or extend settlement to the extent permitted by the 1940 Act and as prescribed in the Fund’s then current prospectus. (c) The Business Day on which instructions are received by the Close of Trading in good order by ETSB Recordkeeper from RIA Clients Plan Representative shall be the trade date for which shares of the Funds shall be purchased and redeemed as a result of such instructions. Instructions received in good order by ETSB Recordkeeper from RIA Clients Plan Representative after the Close of Trading on any given Business Day shall be treated as if received on the next following Business Day. Distributions will be automatically reinvested at net asset value in accordance with each Fund’s then current prospectus unless ETSB Recordkeeper otherwise indicates that such distributions are to be paid in cash. (d) Subject to ETSBRecordkeeper’s compliance with the foregoing, ETSB Recordkeeper will be considered agent for the Funds for the sole and limited purpose of receiving orders for purchases and redemptions of shares of the Funds on behalf of an Account. Recordkeeper shall be solely responsible for ensuring that all cash distributions paid to an Account by a CustomerFund are paid to Plan Participants’ accounts in a timely manner. Any liabilities arising from such cash distribution payments reported by Plan as lost, stolen, materially altered or forged shall be the sole responsibility of Recordkeeper.