Common use of Payments for Sales or Repurchases or Redemptions of Shares of the Fund Clause in Contracts

Payments for Sales or Repurchases or Redemptions of Shares of the Fund. The Custodian shall receive from the distributor for the Shares or from the transfer agent of the Fund and deposit into the account of the appropriate Portfolio such payments as are received for

Payments for Sales or Repurchases or Redemptions of Shares of the Fund. The Custodian shall receive from the distributor for the Shares or from the transfer agent of the Fund and deposit into the account of the appropriate Portfolio such payments as are received forfor Shares of that Portfolio issued or sold from time to time by the Fund. The Custodian will provide timely notification to the Fund on behalf of each such Portfolio and the transfer agent of any receipt by it of payments for Shares of such Portfolio.