Common use of Purchase and Sale of Investments of the Funds Clause in Contracts

Purchase and Sale of Investments of the Funds. 1. Promptly after each purchase of Securities by the Funds, the respective Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each purchase of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchase: (a) the name of the issuer and the title of the Securities, (b) the principal amount purchased and accrued interest, if nay, (c) the date of purchase and settlement, (d) the purchase price per unit, (e) the total amount payable upon such purchase and (f) the name of the person from whom or the broker through whom the purchase was made. The Custodian shall upon receipt of Securities purchased by or for the Funds, pay out of the monies held for the account of the Funds the total amount payable to the person from whom or the broker through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. 2. Promptly after each sale of Securities by the respective Trust for the account of the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each sale of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such sale: (a) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable to the Funds upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver the Securities upon receipt of the total amount payable to the Funds upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such Fund irrespective of delivery. In the case of "sale fails", the Custodian may, request the assistance of the Trusts in making delivery of the failed Security.

Purchase and Sale of Investments of the Funds. 1. Promptly after each purchase of Securities by the Fundsa Fund, the respective Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each purchase of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchase: : (a) the name of the issuer and the title of the Securities, (b) the principal amount purchased and accrued interest, if nayany, (c) the date of purchase and settlement, (d) the purchase price per unit, (e) the total amount payable upon such purchase and (f) the name of the person from whom or the broker through whom the purchase was made. The Custodian shall upon receipt of Securities purchased by or for the Fundsa Fund, pay out of the monies held for the account of the Funds such Fund the total amount payable to the person from whom or the broker through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. 2. Promptly after each sale of Securities by the respective Trust for the account of a Fund, the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each sale of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such sale: (a) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable to the Funds such Fund upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver the Securities upon receipt of the total amount payable to the Funds such Fund upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's the Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective the Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such the Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, liability and the market value of its portfolio of common stocks. 4. On Subject to the above provisions of Article V, on contractual settlement date, the account of each respective the Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such the Fund irrespective of delivery. In the case of "sale fails", the Custodian may, may request the assistance of the Trusts Fund in making delivery of the failed Security.

Purchase and Sale of Investments of the Funds. 1. Promptly after each purchase of Securities by the Funds, the respective Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each purchase of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchase: : (a) the name of the issuer and the title of the Securities, (b) the principal amount purchased and accrued interest, if nay, (c) the date of purchase and settlement, (d) the purchase price per unit, (e) the total amount payable upon such purchase and (f) the name of the person from whom or the broker through whom the purchase was made. The Custodian shall upon receipt of Securities purchased by or for the Funds, pay out of the monies held for the account of the Funds the total amount payable to the person from whom or the broker through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. 2. Promptly after each sale of Securities by the respective Trust for the account of the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each sale of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such sale: (a) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable to the Funds upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver the Securities upon receipt of the total amount payable to the Funds upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such Fund irrespective of delivery. In the case of "sale fails", the Custodian may, may request the assistance of the Trusts in making delivery of the failed Security.

Purchase and Sale of Investments of the Funds. 1. Promptly after each purchase of Securities by the Fundsa Fund, the respective Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each purchase of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchase: (a) the name of the issuer and the title of the Securities, (b) the principal amount purchased and accrued interest, if nayany, (c) the date of purchase and settlement, (d) the purchase price per unit, (e) the total amount payable upon such purchase and (f) the name of the person from whom or the broker through whom the purchase was made. The Custodian shall upon receipt of Securities purchased by or for the Fundsa Fund, pay out of the monies held for the account of the Funds such Fund the total amount payable to the person from whom or the broker through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. 2. Promptly after each sale of Securities by the respective Trust for the account of a Fund, the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each sale of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such sale: (a) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable to the Funds such Fund upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver the Securities upon receipt of the total amount payable to the Funds such Fund upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's the Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective the Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such the Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, liability and the market value of its portfolio of common stocks. 4. On Subject to the above provisions of Article V, on contractual settlement date, the account of each respective the Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such the Fund irrespective of delivery. In the case of "sale fails", the Custodian may, may request the assistance of the Trusts Fund in making delivery of the failed Security.

Purchase and Sale of Investments of the Funds. 1. Promptly after each purchase of Securities by the Fundsa Fund, the respective Trust Corporation shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each purchase of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchase: each (a) the name of the issuer and the title of the Securities, (b) the principal amount purchased and accrued interest, if nayany, (c) the date of purchase and settlement, (d) the purchase price per unit, (e) the total amount payable upon such purchase and (f) the name of the person from whom or the broker through whom the purchase was made. The Custodian shall shall, upon receipt of Securities purchased by or for the Fundsa Fund, pay out of the monies held for the account of the Funds Fund the total amount payable to the person from whom or the broker through whom the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. 2. Promptly after each sale of Securities by the respective Trust Corporation for the account of a Fund, the Funds, such Trust Corporation shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each sale of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such sale: (a) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable to the Funds Fund upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Corporation agrees that it will institute no short sales of any securities, convertible or other. The Custodian shall deliver the Securities upon receipt of the total amount payable to the Funds Fund upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trustthe Corporation, on behalf of a Fund, either -either (a) writes an option on Securities or writes a covered put option in respect of a Security, orSecurities (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trustthe Corporation's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fundthe Corporation's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, , (d) the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such the Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust Corporation will provide to the Custodian, as of the end of each trading day, the market value of each the Fund's option liability, if any, liability and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund a fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such the Fund irrespective of delivery. In the case of "sale fails", the Custodian may, may request the assistance of the Trusts Fund in making delivery of the failed Security.

Purchase and Sale of Investments of the Funds. 1. (a) Promptly after each purchase of Securities by the Fundsfor a Fund, the respective Trust Fund shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities or Investment Company Securities, a Certificate or Written InstructionsInstruction, and (ii) with respect to each purchase of Money Market Securities or Investment Company Securities, either a Written Instructions, a Certificate Instruction or Oral InstructionsInstruction, in either case specifying with respect to each such purchase: : (a1) the name of the issuer and the title of the Securities, ; (b2) the number of shares or the principal amount purchased and accrued interest, if nay, any; (c3) the date of purchase and settlement, ; (d4) the purchase price per unit, ; (e5) the total amount payable upon such purchase and purchase; and (f6) the name of the person from whom or the broker through whom the purchase was made, if any. The Custodian shall upon receipt of receive the Securities purchased by or for the Funds, a Fund and upon receipt of Securities shall pay out of the monies held for the account of the Funds Fund the total amount payable to the person from whom or the broker through whom the purchase was madeupon such purchase, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral InstructionsInstruction. 2. (b) Promptly after each sale of Securities by of a Fund, the respective Trust for the account of the Funds, such Trust Fund shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities or Investment Company Securities, a Certificate or Written InstructionsInstruction, and (ii) with respect to each sale of Money Market Securities or Investment Company Securities, either Written Instructions, a Certificate Instruction or Oral InstructionsInstruction, in either case specifying with respect to each such sale: (a1) the name of the issuer and the title of the Security, Securities; (b2) the number of shares or principal amount sold, and accrued interest, if any, ; (c3) the date of sale, ; (d4) the sale price per unit, ; (e5) the total amount payable to the Funds Fund upon such sale and sale; (f6) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver or cause to be delivered the Securities to the broker or other person designated by the Fund upon receipt of the total amount payable to the Funds Fund upon such sale, provided that the same conforms to the total amount payable to the Fund as set forth in such Certificate, Written Instructions or Oral InstructionsInstruction. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such Fund irrespective of delivery. In the case of "sale fails", the Custodian may, request the assistance of the Trusts in making delivery of the failed Security.

Purchase and Sale of Investments of the Funds. 1. (a) Promptly after each purchase of Securities by the Fundsfor a Fund, the respective Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which are not Money Market Securities, a Certificate or Written InstructionsInstruction, and (ii) with respect to each purchase of Money Market Securities, either a Written Instructions, a Certificate Instruction or Oral InstructionsInstruction, in either case specifying with respect to each such purchase: (a1) the name of the Fund to which such Securities are to be specifically allocated, (2) the name of the issuer and the title of the Securities, ; (b3) the number of shares or the principal amount purchased and accrued interest, if nay, any; (c4) the date of purchase and settlement, ; (d5) the purchase price per unit, ; (e6) the total amount payable upon such purchase and purchase; (f7) the name of the person from whom or the broker through whom the purchase was made, if any; (8) whether or not such purchase is to be settled through the Book-Entry System or the Depository; and (9) whether the Securities purchased are to be deposited in the Book-Entry System or the Depository. The Custodian shall upon receipt of receive the Securities purchased by or for the Funds, Fund and upon receipt of Securities shall pay out of the monies held for the account of the Funds Fund the total amount payable to the person from whom or the broker through whom the purchase was madeupon such purchase, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral InstructionsInstruction. 2. (b) Promptly after each sale of Securities by of a Fund, the respective Trust for the account of the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written InstructionsInstruction, and (ii) with respect to each sale of Money Market Securities, either Written Instructions, a Certificate Instruction or Oral Instructions, in either case specifying with respect to each such sale: (a1) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable Fund to the Funds upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver which the Securities upon receipt of the total amount payable to the Funds upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such Fund irrespective of delivery. In the case of "sale fails", the Custodian may, request the assistance of the Trusts in making delivery of the failed Security.were specifically allocated;

Purchase and Sale of Investments of the Funds. 1. (a) Promptly after each purchase of Securities by the Fundsfor a Fund, the respective Trust shall deliver to the Custodian (i) with respect to each purchase of Securities which that are not Money Market Securities, a Certificate or Written InstructionsInstruction, and (ii) with respect to each purchase of Money Market Securities, either a Written Instructions, a Certificate Instruction or Oral InstructionsInstruction, in either case specifying with respect to each such purchase: (a1) the name of the Fund to which such Securities are to be specifically allocated; (2) the name of the issuer and the title of the Securities, ; (b3) the number of shares or the principal amount purchased purchased, and accrued interest, if nay, any; (c4) the date of purchase and settlement, ; (d5) the purchase price per unit, ; (e6) the total amount payable upon such purchase and purchase; (f7) the name of the person from whom or the broker through whom the purchase was made, if any; (8) whether or not such purchase is to be settled through the Book-Entry System or a Depository; and (9) whether the Securities purchased are to be deposited in the Book-Entry System or a Depository. The Custodian shall upon receipt of receive the Securities purchased by or for the Funds, a Fund and upon receipt of such Securities shall pay out of the monies held for the account of the Funds such Fund the total amount payable to the person from whom or the broker through whom the purchase was madeupon such purchase, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral InstructionsInstruction. 2. (b) Promptly after each sale of Securities by of a Fund, the respective Trust for the account of the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written InstructionsInstruction, and (ii) with respect to each sale of Money Market Securities, either a Written Instructions, a Certificate Instruction or Oral InstructionsInstruction, in either case specifying with respect to each such sale: (a1) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable Fund to the Funds upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver which the Securities upon receipt of the total amount payable to the Funds upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Instructions or Oral Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such Fund irrespective of delivery. In the case of "sale fails", the Custodian may, request the assistance of the Trusts in making delivery of the failed Security.sold were specifically allocated;

Purchase and Sale of Investments of the Funds. 121. Promptly after each purchase or sale (as applicable) of Securities by the Fundsa Fund, other than a purchase or sale of any Reverse Repurchase Agreement, the respective Trust Fund shall deliver to the Custodian (i) with respect to each purchase or sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, Certificate; and (ii) with respect to each purchase or sale of Money Market Securities, a Certificate, Oral Instructions or Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such purchasepurchase or sale: (a) the name of the issuer and the title of the Securities, ; (b) the number of shares or the principal amount purchased or sold and accrued interest, if nay, any; (c) the date of purchase or sale and settlement, settlement date; (d) the purchase or sale price per unit, ; (e) the total amount payable upon such purchase and or sale; (f) the name of the person from whom or the broker through whom the purchase or sale was made, and the name of the clearing broker, if any; (g) in the case of a purchase, the name of the broker to which payment is to be made; and (h) in the case of a sale, the name of the broker to whom the Securities are to be delivered. The In the case of a purchase, the Custodian shall shall, upon receipt of Securities purchased by or for the Fundsa Fund, pay out of the monies moneys held for the account of the Funds Fund the total amount payable to the person from whom whom, or the broker through whom whom, the purchase was made, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Oral Instructions or Oral Instructions. 2. Promptly after each sale of Securities by the respective Trust for the account of the Funds, such Trust shall deliver to the Custodian (i) with respect to each sale of Securities which are not Money Market Securities, a Certificate or Written Instructions, and (ii) with respect to each sale . In the case of Money Market Securities, Written Instructions, a Certificate or Oral Instructions, specifying with respect to each such sale: (a) the name of the issuer and the title of the Security, (b) the principal amount sold, and accrued interest, if any, (c) the date of sale, (d) the sale price per unit, (e) the total amount payable to the Funds upon such sale and (f) the name of the broker through whom or the person to whom the sale was made. The Custodian shall deliver the Securities upon receipt of the total amount payable to the Funds a Fund upon such sale, provided that the same conforms to the total amount payable as set forth in such Certificate, Written Oral Instructions or Oral Written Instructions. Subject to the foregoing, the Custodian may accept payment in such form as shall be satisfactory to it, and may deliver Securities and arrange for payment in accordance with the customs prevailing among dealers in Securitiessecurities. 3. Promptly after the time as of which a Trust, on behalf of a Fund, either - (a) writes an option on Securities or writes a covered put option in respect of a Security, or (b) notifies the Custodian that its obligations in respect of any put or call option, as described in such Trust's Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, or (c) notifies the Custodian that its obligations in respect of any other Security, as described in each Fund's respective Prospectus, require that the Fund deposit Securities or additional Securities with the Custodian, specifying the type and value of Securities required to be so deposited, the Custodian will cause to be segregated or identified as deposited, pursuant to the Fund's obligations as set forth in such Prospectus, Securities of such kinds and having such aggregate values as are required to meet the Fund's obligations in respect thereof. The Trust will provide to the Custodian, as of the end of each trading day, the market value of each Fund's option liability, if any, and the market value of its portfolio of common stocks. 4. On contractual settlement date, the account of each respective Fund will be charged for all purchases settling on that day, regardless of whether or not delivery is made. On contractual settlement date, sale proceeds will likewise be credited to the account of such Fund irrespective of delivery. In the case of "sale fails", the Custodian may, request the assistance of the Trusts in making delivery of the failed Security.