Common use of Purchase and Redemption Orders Clause in Contracts

Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two omnibus accounts per Fund: capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another account shall be paid in additional Shares of the Fund. Transfer Agent shall designate account numbers for each account. (b) For each business day on which any Customer places with Agent a purchase or redemption order for Shares of a Fund, Agent shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to Transfer Agent, by facsimile or, where feasible, by direct or indirect systems access, an aggregate purchase order and an aggregate redemption order for each omnibus account. To be effective on the date received, all orders must be received by Transfer Agent in accordance with the terms set forth in the current Prospectus and Statement of Additional Information for the Trust. (c) Prior to _____ p.m. Eastern Time each business day, Agent shall receive from Transfer Agent the net asset value per share of each Share of each Fund for that business day. (d) In the case of a redemption order, federal funds in the amount of the redemption order shall be wired by ______[date/time]______________ to the Agent at ----------- . Each party shall bear the cost of any wire transfer that it sends. (e) In the event adjustments are required to correct any error in the computation of the net asset value or public offering price of Fund Shares, RFD shall notify Agent prior to making any adjustments and describe the need for such adjustments (including the date of the error, the incorrect price and the correct price). In such case, an appropriate adjustment shall be made to the relevant omnibus account(s) and Agent shall make corresponding adjustments to the accounts of its Customers. (f) RFD may cease offering Shares at any time, and in its sole discretion may refuse any purchase order. Further, RFD shall not be required to accept orders for redemption of Shares of a Fund under this Section 4 if the Trust has suspended redemptions with respect to such Fund in accordance with Section 22(e) of the Investment Company Act of 1940, as amended (the "1940 Act"). (g) For the purposes of this Agreement, "business day" shall mean:

Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two an omnibus accounts per Fund: capital account. Capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another the account shall be paid in additional Shares of the Fund. Transfer Agent shall designate an account numbers number for each the account. (b) For each business day on which any Customer places with Agent a purchase or redemption order request for Shares of a Fund, Agent shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to Transfer Agent, by facsimile or, where feasible, by direct or indirect systems access, an aggregate purchase order and an aggregate redemption order for each omnibus account. To be effective on the date received, all orders must must: (i) be received by Agent from Customers prior to 4:00 p.m. Eastern time and transmitted to Transfer Agent in accordance with prior to 9:00 a.m. Eastern time on the terms set forth next succeeding business day; and (ii) in the current Prospectus and Statement case of Additional Information for an aggregate purchase request, federal funds in the Trustamount of the purchase request must be wired from the custodial account of the Customers to Transfer Agent prior to 4:00 p.m. Eastern time on the next succeeding business day. Funds should be wired to Transfer Agent at ABA #0110-00028, Attention: SSgA Funds, Mutual Funds Services Division. (c) Prior to _____ 6:00 p.m. Eastern Time time each business day, Agent shall receive from Transfer Agent the net asset value per share of each Share of each Fund for that business day. (d) In the case of a redemption order, federal funds in the amount of the redemption order shall be wired by ______[date/time]______________ 4:00 p.m. Eastern time on the settlement date to the Agent at ----------- National Financial Services Corporation ("NFSC") ABA #000-000-000, Attention: SSgA Funds, CitiStreet. Each party shall bear the cost of any wire transfer that it sends. (e) In the event adjustments are required to correct any error in the computation of the net asset value or public offering price of Fund Shares, RFD the Trust shall notify Agent prior to making any adjustments and describe the need for such adjustments (including the date of the error, the incorrect price and the correct price). In such case, an appropriate adjustment shall be made to the relevant omnibus account(s) and Agent shall make corresponding adjustments to the accounts of its Customers. (f) RFD The Trust may cease offering Shares at any time, and in its sole discretion may refuse any purchase order. Further, RFD the Trust shall not be required to accept orders for redemption of Shares of a Fund under this Section 4 if the Trust has suspended all redemptions with respect to such Fund in accordance with Section 22(e) of the Investment Company Act of 1940, as amended (the "1940 Act"). (g) For the purposes of this Agreement, "business day" shall mean:

Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two an omnibus accounts per Fund: capital account. Capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another the account shall be paid in additional Shares of the Fund. Transfer Agent shall designate an account numbers number for each the account. (b) For each business day on which any Customer places with Agent a purchase or redemption order for Shares of a Fund, Agent shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to Transfer Agent, by facsimile or, where feasible, by direct or indirect systems access, an aggregate purchase order and an aggregate redemption order for each omnibus account. To be effective on the date received, all orders must must: (i) be received by Agent from Customers prior to 4:00 p.m. Eastern time and transmitted to Transfer Agent in accordance with prior to 9 a.m. Eastern time on the terms set forth next succeeding business day; and (ii) in the current Prospectus and Statement case of Additional Information for an aggregate purchase request, federal funds in the Trustamount of the purchase request must be wired from the custodial account of the Customer to Transfer Agent prior to 4:00 p.m. Eastern time on the next succeeding business day. Funds should be wired to Transfer Agent at ABA #0110-00028, Attention: The Seven Seas Series Fund, Mutual Funds Services Division. (c) Prior to _____ 6 p.m. Eastern Time time each business day, Agent shall receive from Transfer Agent the net asset value per share of each Share of each Fund for that business day. (d) In the case of a redemption order, federal funds in the amount of the redemption order shall be wired by ______[date/time]______________ 4:00 p.m. Eastern time on the settlement date to the Agent at ----------- National Financial Services Corporation ("NFSC") ABA #000-000-000, attention: Seven Seas Series Fund, Retirement Services Division. Each party shall bear the cost of any wire transfer that it sends. (e) In the event adjustments are required to correct any error in the computation of the net asset value or public offering price of Fund Shares, RFD the Trust shall notify Agent prior to making any adjustments and describe the need for such adjustments (including the date of the error, the incorrect price and the correct price). In such case, an appropriate adjustment shall be made to the relevant omnibus account(s) and Agent shall make corresponding adjustments to the accounts of its Customers. (f) RFD The Trust may cease offering Shares at any time, and in its sole discretion may refuse any purchase order. Further, RFD the Trust shall not be required to accept orders for redemption of Shares of a Fund under this Section 4 if the Trust has suspended redemptions with respect to such Fund in accordance with Section 22(e) of the Investment Company Act of 1940, as amended (the "1940 Act"). (g) For the purposes of this Agreement, "business day" shall mean:

Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two an omnibus accounts per Fund: capital account. Capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another the account shall be paid in additional Shares of the Fund. Transfer Agent shall designate an account numbers number for each the account. (b) For each business day on which any Customer places with Agent a purchase or redemption order for Shares of a Fund, Agent shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to Transfer Agent, by facsimile or, where feasible, by direct or indirect systems access, an aggregate purchase order and an aggregate redemption order for each omnibus account. To be effective on the date received, all orders must must: (i) be received by Agent from Customers prior to [4:00 p.m.] Eastern time and transmitted to Transfer Agent in accordance with prior to [9:00 a.m. Eastern time on the terms set forth next succeeding business day]; and (ii) in the current Prospectus and Statement case of Additional Information for an aggregate purchase request, federal funds in the Trustamount of the purchase request must be wired from the custodial account of the Customer to Transfer Agent prior to 4:00 p.m. Eastern time on the next succeeding business day. Funds should be wired to Transfer Agent at __________________________________. (c) Prior to _____ p.m. Eastern Time time each business day, Agent shall receive from Transfer Agent the net asset value per share of each Share of each Fund for that business day. (d) In the case of a redemption order, federal funds in the amount of the redemption order shall be wired by ______[date/time]__ Eastern time on the settlement date to the Agent at ______________ to the Agent at ----------- ___________________. Each party shall bear the cost of any wire transfer that it sends. (e) In the event adjustments are required to correct any error in the computation of the net asset value or public offering price of Fund Shares, RFD the Trust shall notify Agent prior to making any adjustments and describe the need for such adjustments (including the date of the error, the incorrect price and the correct price). In such case, an appropriate adjustment shall be made to the relevant omnibus account(s) and Agent shall make corresponding adjustments to the accounts of its Customers. (f) RFD The Trust may cease offering Shares at any time, and in its sole discretion may refuse any purchase order. Further, RFD the Trust shall not be required to accept orders for redemption of Shares of a Fund under this Section 4 if the Trust has suspended redemptions with respect to such Fund in accordance with Section 22(e) of the Investment Company Act of 1940, as amended (the "1940 Act"). (g) For the purposes of this Agreement, "business day" shall mean:

Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two an omnibus accounts per Fund: capital account. Capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another the account shall be paid in additional Shares of the Fund. Transfer Agent shall designate an account numbers number for each the account. (b) For each business day on which any Customer places with Agent a purchase or redemption order for Shares of a Fund, Agent shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to Transfer Agent, by facsimile or, where feasible, by direct or indirect systems access, an aggregate purchase order and an aggregate redemption order for each omnibus account. To be effective on the date received, all orders must must: (i) be received by Agent from Customers prior to 4:00 p.m. Eastern time and transmitted to Transfer Agent in accordance with prior to 9 a.m. Eastern time on the terms set forth next succeeding business day; and (ii) in the current Prospectus and Statement case of Additional Information for an aggregate purchase request, federal funds in the Trustamount of the purchase request must be wired from the custodial account of the Customer to Transfer Agent prior to 4:00 p.m. Eastern time on the next succeeding business day. Funds should be wired to Transfer Agent at ABA #0110-00028, Attention: SSgA Funds, Mutual Funds Services Division. (c) Prior to _____ 6 p.m. Eastern Time time each business day, Agent shall receive from Transfer Agent the net asset value per share of each Share of each Fund for that business day. (d) In the case of a redemption order, federal funds in the amount of the redemption order shall be wired by ______[date/time]______________ 4:00 p.m. Eastern time on the settlement date to the Agent at ----------- National Financial Services Corporation ("NFSC") ABA #000-000-000, attention: SSgA Funds, State Street Solutions. Each party shall bear the cost of any wire transfer that it sends. (e) In the event adjustments are required to correct any error in the computation of the net asset value or public offering price of Fund Shares, RFD the Trust shall notify Agent prior to making any adjustments and describe the need for such adjustments (including the date of the error, the incorrect price and the correct price). In such case, an appropriate adjustment shall be made to the relevant omnibus account(s) and Agent shall make corresponding adjustments to the accounts of its Customers. (f) RFD The Trust may cease offering Shares at any time, and in its sole discretion may refuse any purchase order. Further, RFD the Trust shall not be required to accept orders for redemption of Shares of a Fund under this Section 4 if the Trust has suspended redemptions with respect to such Fund in accordance with Section 22(e) of the Investment Company Act of 1940, as amended (the "1940 Act"). (g) For the purposes of this Agreement, "business day" shall mean:

Purchase and Redemption Orders. (a) Agent will open with Transfer Agent a minimum of two omnibus accounts per Fund: capital gains and dividend distributions payable with respect to Shares held in one account shall be paid in cash, and capital gains and dividend distributions payable with respect to Shares held in another account shall be paid in additional Shares of the Fund. Transfer Agent shall designate account numbers for each account. (b) For each business day on which any Customer places with Agent a purchase or redemption order for Shares of a Fund, Agent shall aggregate all such purchase orders and aggregate all such redemption orders and communicate to Transfer Agent, by facsimile or, where feasible, by direct or indirect systems access, an aggregate purchase order and an aggregate redemption order for each omnibus account. To be effective on the date received, all orders must be received by Transfer Agent in accordance with the terms set forth in the current Prospectus and Statement of Additional Information for the Trust. (c) Prior to _____ p.m. Eastern Time each business day, Agent shall receive from Transfer Agent the net asset value per share of each Share of each Fund for that business day. (d) In the case of a redemption order, federal funds in the amount of the redemption order shall be wired by ______[date/time]______________ to the Agent at ----------- _________________________________. Each party shall bear the cost of any wire transfer that it sends. (e) In the event adjustments are required to correct any error in the computation of the net asset value or public offering price of Fund Shares, RFD shall notify Agent prior to making any adjustments and describe the need for such adjustments (including the date of the error, the incorrect price and the correct price). In such case, an appropriate adjustment shall be made to the relevant omnibus account(s) and Agent shall make corresponding adjustments to the accounts of its Customers. (f) RFD may cease offering Shares at any time, and in its sole discretion may refuse any purchase order. Further, RFD shall not be required to accept orders for redemption of Shares of a Fund under this Section 4 if the Trust has suspended redemptions with respect to such Fund in accordance with Section 22(e) of the Investment Company Act of 1940, as amended (the "1940 Act"). (g) For the purposes of this Agreement, "business day" shall mean: