Record Ownership; Voting of Shares. All Fund shares acquired by the Custodian pursuant to this Agreement shall be registered in the name of the Custodian or its nominee. The Custodian shall mail or transmit to the Account Holder's address of record all notices, prospectuses, financial statements, proxies and proxy soliciting materials relating to the shares held in the Account. The Custodian shall not vote any such shares except in accordance with written instructions received from the Account Holder, provided however, that the Custodian may, in the absence of instructions, vote "present" for the sole purpose of allowing such shares to be counted for establishment of a quorum at a shareholder's meeting.
Appears in 6 contracts
Samples: Custody and Investment Accounting Agreement (Bull & Bear Special Equities Fund Inc), Custodial Account Agreement (Investors Research Fund Inc), Custody and Investment Accounting Agreement (Bull & Bear Funds I Inc)
Record Ownership; Voting of Shares. All Fund shares of the Company acquired by the Custodian pursuant to this Agreement shall be registered in the name of the Custodian or its nominee. The Custodian shall mail or transmit to the Account Holder's address of record all notices, prospectuses, financial statements, proxies and proxy soliciting materials relating to the shares held in the Account. The Custodian shall not vote any such shares except in accordance with written instructions received from the Account Holder, provided however, that the Custodian may, in the absence of instructions, vote "present" for the sole purpose of allowing such shares to be counted for establishment of a quorum at a shareholder's meeting.
Appears in 2 contracts
Samples: Section 403(b)(7) Custodial Account Agreement (Payden & Rygel Investment Group), Master Self Employed Retirement Plan Adoption Agreement (Investors Research Fund Inc)
