Common use of Prohibited Conduct Clause in Contracts

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment sub-advisory services to any investment company sponsored by Principal Life Insurance Company the Fund or a fund that is under common control with the Fund regarding transactions for the Fund in the securities or other assetsassets allocated to the Sub-Advisor pursuant to this Agreement, except as provided by Rule 12d-3-1 under the 1940 Act.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets. The Manager agrees to provide a list of such other investment advisory firms to the Sub-Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group, Inc. regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor Adviser will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group, Inc. regarding transactions for the Fund in securities or other assets, except for purposes of complying with the conditions of Rule 12d3-1(a) and (b) under the 1940 Act.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets. The Manager agrees to provide a list of such other investment advisory firms to the Sub-Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreement, as it relates to the 1940 Act, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided, however, that Sub-Adviser may engage an affiliate to perform investment advisory services for the Fund (the “Sub-Advisory Affiliate”) and this prohibition shall not apply to consultations with the Sub-Advisory Affiliate.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets. The Manager agrees to provide a list of any such investment advisory firms, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor Adviser will not consult with any other unaffiliated investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company the Adviser, including the Fund, regarding transactions for the Fund in portfolio securities or other assetsportfolio investments of the Fund.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that the Manager has identified to the Sub-Advisor in writing as an entity which provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company the Adviser regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that the Manager has identified to the Sub-Advisor in writing as an entity which provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in the securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group, Inc. regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided that, this Section shall not prohibit the Sub-Advisor from obtaining or using research services provided by such firms. The Manager agrees to provide a list of such other investment advisory firms to the Sub-Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm (other than the Manager) that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund or transactions for such other investment company in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other unaffiliated investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any the Fund or an investment company sponsored by Principal Life Insurance Company registered under the 1940 Act that is under common control with the Fund regarding transactions for the Fund in securities or other assetsassets allocated to the Sub-Advisor pursuant to this Agreement.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund Series in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund Series in securities or other assets.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided that, this Section shall not prohibit the Sub-Advisor from obtaining or using research services provided by such firms. The Manager agrees to provide a list of such other investment advisory firms to the Sub-Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor Sub- Adviser will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group, Inc. regarding transactions for the Fund Company in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided, however, that Sub-Adviser may engage an affiliate to perform investment advisory services for the Fund (the "Sub-Advisory Affiliate") and this prohibition shall not apply to consultations with the Sub-Advisory Affiliate.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group, Inc. regarding transactions for the Fund in securities or other assets, except for purposes of complying with the conditions of 12d3-1(a) and (b) under the 1940 Act.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group Inc. regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any the Fund or an investment company sponsored by Principal Life Insurance Company registered under the 1940 Act that is under common control with the Fund regarding transactions for the Fund in securities or other assetsassets allocated to the Sub-Advisor pursuant to this Agreement.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided however the Sub-Advisor shall consult with Edge Asset Management, Inc. as necessary to discharge its responsibilities to the Principal EDGE Asset Income ETF.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor Adviser will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided, however, that Sub-Adviser may engage an affiliate to perform investment advisory services for the Fund (the "Sub-Advisory Affiliate") and this prohibition shall not apply to consultations with the Sub-Advisory Affiliate.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Company, such list of any such companies to be provided by Manager to Sub-Advisor, regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets. The Manager agrees to provide a list of such other investment advisory firms to the Sub- Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor Adviser will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided, however, that Sub- Adviser may engage an affiliate to perform investment advisory services for the Fund (the "Sub-Advisory Affiliate") and this prohibition shall not apply to consultations with the Sub-Advisory Affiliate.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assetsassets provided however the Sub­ Advisor shall consult with Principal Global Investors LLC as necessary to discharge its responsibilities to the Principal EDGE Asset Income ETF.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided however the Sub-Advisor shall consult with Edge Asset Management, Inc. as necessary to discharge its responsibilities to the Principal EDGE Asset Income ETF.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets. Manager shall provide to Sub-Advisor a current list of such investment advisory firms which Manager shall update from time to time.

Prohibited Conduct. In providing the services described in this agreementAgreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Financial Group, Inc. regarding transactions for the Fund in securities or other assets; provided that, this Section shall not prohibit the Sub-Advisor from obtaining or using research services provided by such firms. The Manager agrees to provide a list of such other investment advisory firms to the Sub-Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets. Manager shall provide to Sub-Advisor a current list of such investment advisory firms which Manager shall update from time to time.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor Adviser will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided, however, that Sub-Adviser may engage an affiliate to perform investment advisory services for the Fund (the “Sub-Advisory Affiliate”) and this prohibition shall not apply to consultations with the Sub-Advisory Affiliate.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory ·firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets.·. -

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund Company in securities or other assets. The Manager agrees to provide a list of such other investment advisory firms to the Sub Advisor, such list to be promptly updated by the Manager upon any changes thereto.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment sub-advisory services to any the Fund or an investment company sponsored by Principal Life Insurance Company registered under the 1940 Act that is under common control with the Fund regarding transactions for the Fund in the securities or other assetsassets allocated to the Sub-Advisor pursuant to this Agreement.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company Company, such list of any such firms to be provided by Manager to Sub-Advisor, regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided however the Sub-Advisor shall consult with Edge Asset Management, Inc. as necessary to discharge its responsibilities to the Principal EDGE Active Income ETF.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub­ Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company the Adviser regarding transactions for the Fund in securities or other assets.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided, however, that Sub-Adviser may engage an affiliate to perform investment advisory services for the Fund (the "Sub-Advisory Affiliate") and this prohibition shall not apply to consultations with the Sub-Advisory Affiliate.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Sub- Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assetsassets provided however the Sub- Advisor shall consult with Principal Global Investors LLC as necessary to discharge its responsibilities to the Principal EDGE Asset Income ETF.

Prohibited Conduct. In providing the services described in this agreement, the Sub-Advisor will not consult with any other investment advisory firm that provides investment advisory services to any investment company sponsored by Principal Life Insurance Company regarding transactions for the Fund in securities or other assets; provided however the Sub-Advisor shall consult with Principal Global Investors, LLC. as necessary to discharge its responsibilities to the Principal EDGE Active Income ETF.