Other Services; Service Fee. Upon request of the Trust's Board of Trustees, Sierra Services may, but shall be under no duty to, perform additional services on behalf of the Trust, which services are not required by this Agreement but may be performed by Sierra Services in conformity with applicable law. Any such services will be performed on behalf of the Trust, and Sierra Services may impose additional charges for such services, which charges may be billed to the Trust and subject to examination by the Trust's independent accountants. Sierra Services's payment or assumption of any expense of the Trust that Sierra Services is not required to pay or assume under this Agreement shall not relieve Sierra Services of any of its obligations to the Trust or obligate Sierra Services to pay or assume any similar expense on any subsequent occasion. Any shareholder services provided by Sierra Services to the Trust, which services may include processing of shareholder transactions, responding to inquiries from shareholders concerning the status of their accounts and the operations of the Trust communicating with the Trust and its transfer agent on behalf of such shareholders, or providing other shareholder services, nor for any expenses associated with the provision of such shareholder services, including office space and equipment, and telephone facilities, shall be provided pursuant to a separate agreement.
Appears in 6 contracts
Samples: Distribution Agreement (Sierra Prime Income Fund), Distribution Agreement (Sierra Prime Income Fund), Distribution Agreement (Sierra Prime Income Fund)