Common use of Recapitalization or Readjustment Clause in Contracts

Recapitalization or Readjustment. In case of any recapitalization, readjustment or other change in the capital structure of the Fund requiring a change in the Fund’s shares, DST will issue or register shares in exchange for, or in transfer of, the outstanding shares in the old form, upon receiving: A. Proper Instructions from an Authorized Person or authorized officer of the Fund; B. Certified copy of the amendment to the Declaration of Trust or other document effecting the change; C. If applicable, certified copy of the order or consent of each governmental or regulatory authority required by law to the issuance of the new membership interests, and an opinion of counsel that the order or consent of no other government or regulatory authority is required.

Recapitalization or Readjustment. In case of any recapitalization, readjustment or other change in the capital structure of the Fund Trust requiring a change in the Fund’s sharesacceptance of Trust Share certificates, DST will issue or register shares Shares in book entry format in exchange for, or in transfer of, the outstanding shares or certificates in the old form, upon receiving: A. Proper Instructions Written instructions from an Authorized Person or authorized officer of the FundTrust; B. Certified copy of the amendment to the Declaration of Trust or other document effecting the change; C. If applicable, certified Certified copy of the order or consent of each governmental or regulatory authority authority, required by law to the issuance of the Shares in the new membership interestsform, and an opinion of counsel that the order or consent of no other government or regulatory authority is required.; D. Reserved;