Recordkeeping Services. (1) Chase shall keep records relating to the Standard Services to be performed hereunder, in such form and manner as it may deem advisable. To the extent required by Section 31 of the Investment Company Act of 1940, as amended, and the rules promulgated thereunder, Chase agrees that all such records prepared or maintained by Chase relating to the service to be performed by Chase hereunder are the property of the Fund and will be preserved for the periods prescribed under Rule 31a-2 of said rules and made available in accordance with such section and rules. Chase shall forthwith upon the Fund's demand surrender promptly to the Fund and cease to retain in its files those records and documents created and maintained by Chase pursuant to this Agreement.
(2) Chase and the Fund agree that all books, records, information and data pertaining to the business of the other party which are exchanged or received pursuant to the negotiation or the carrying out of this Agreement shall remain confidential, and shall not be voluntarily disclosed to any other person, except as may be required by law.
(3) In case of any requests or demands for the inspection of the Shareholder records of the Fund, Chase will endeavor to notify the Fund and to secure instructions from an authorized officer of the Fund as to such inspection. Chase reserves the right, however, to exhibit the Shareholder records to any person whenever it is advised by its counsel that it may be held liable for the failure to exhibit the Shareholder records to such person.
Recordkeeping Services. Set up and maintain Shareholder accounts and records
Recordkeeping Services. (a) Recordkeeping Agent shall provide, or cause to be provided, the following "Recordkeeping Services" for each Sub-Account (as defined below). All Recordkeeping Services will be effected in accordance with each Fund's then current Prospectus:
Recordkeeping Services. Without regard to the disclosure of compensa- tion pursuant to paragraph (c)(1)(iv)(C),
Recordkeeping Services. ‘‘Record- keeping services’’ include services re- lated to plan administration and moni- toring of plan and participant and ben- eficiary transactions (e.g., enrollment, payroll deductions and contributions, offering designated investment alter- natives and other covered plan invest- ments, loans, withdrawals and distribu- tions); and the maintenance of covered plan and participant and beneficiary accounts, records, and statements.
Recordkeeping Services. State Street shall act as the recordkeeper and distribution agent in accordance with the provisions of the Partnership's Limited Partnership Agreement and in accordance with such written procedures as may be adopted by the Partnership from time to time. Subject to the Partnership's governing documents and to the direction of the Partnership, State Street as recordkeeper and distribution agent shall:
(a) pursuant to the subscription orders accepted by the Partnership, establish accounts for each partner, showing its interests ("Interests" as defined in the Private Placement Memorandum) and hold such Interests in the appropriate account;
(b) receive and process orders for the purchase of Partnership Interests and promptly deliver appropriate data (including payment instructions) with respect to accepted purchase orders to the Partnership or its authorized agent;
(c) maintain a register of partners of the Partnership (the "Register") in accordance with applicable law and the Partnership's Limited Partnership Agreement; record the issuance and redemption of Interests and maintain a record of the total number of Interests of the Partnership;
(d) prepare and transmit payments for distributions, if any, declared by the Partnership pursuant to the instructions contained in the partners' subscription agreements with the Partnership; and
(e) subject to the Partnership's Limited Partnership Agreement and the Partnership's then current registration statement, effect transfers or redemptions of Partnership Interests by the registered owners thereof upon receipt of appropriate documentation in respect thereof from the General Partner as provided in the Partnership's Limited Partnership Agreement. State Street shall have no obligation, when recording the purchase of Interests, to monitor the purchase of such Interests or to take cognizance of any laws relating to the issue or sale of such Interests. Such obligations shall be the responsibility of the Partnership. State Street shall provide such additional recordkeeping services on behalf of the Partnership as may be agreed upon in writing by the Partnership and State Street from time to time.
Recordkeeping Services. Recordkeeping Agent shall provide, or cause to be provided, the following Recordkeeping Services:
Recordkeeping Services. 1. Set up and maintain Shareholder accounts and records
2. Follow-up with prospects who return incomplete applications
3. Store account documents electronically
4. Receive and respond to Shareholder account inquiries by telephone or mail, or by e-mail if the response does not require the reference to specific Shareholder account information
5. Process purchase and repurchase orders, transfers, and exchanges, including automatic purchases and repurchases via postal mail, telephone and personal delivery, provided payment for shares is in the form of a check, wire transfer or requested ACH, or such other means as the parties shall mutually agree
6. Process dividend payments by check, wire or ACH, or reinvest dividends
7. Issue daily transaction confirmations and monthly or quarterly statements
8. Issue comprehensive clerical confirmation statements for maintenance transactions
9. Provide cost basis statements
10. Provide information for the mailing of Prospectuses, annual and semi-annual reports, and other Shareholder communications to existing shareholders
11. File IRS Forms 1099, 5498, 1042, 1042-S and 945 with shareholders and/or the IRS
12. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent
13. Calculate plan fees and payments under shareholder servicing plans
14. Provide standards to structure forms and applications for efficient processing
15. Provide basic report access for up to four (4) people
16. Assist the Fund in complying with Federal Trade Commission Rule 681.2 adopted under the Fair Credit Reporting Act (the “Red Flags Rule”) by monitoring/handling shareholder accounts in accordance with the Fund’s identity theft prevention program and reporting any possible instances of identity theft to the Fund
17. Conduct periodic postal clean-up
Recordkeeping Services. 41 Section 3.17 Bank Accounts; Affiliate Transactions ............................................................41 Section 3.18 Absence of Change ..........................................................................................42 Section 3.19 Insurance ..........................................................................................................42 Section 3.20 Privacy and Data Security ................................................................................42 Section 3.21 Environmental Matters.....................................................................................42 Section 3.22 Brokers .............................................................................................................43 ARTICLE IV
Recordkeeping Services. As requested by the Fund, Custodian or its affiliated designee(s) shall provide the following recordkeeping services for Sub-Accounts (as defined below):
(a) Sub-Accounting. Custodian will maintain sub-accounts (each a “Sub-Account” and collectively the “Sub-Accounts”) for Shares held on behalf of Clients through one or more omnibus or master accounts in each Fund (individually an “Account” and collectively, the “Accounts”). Custodian or its affiliated designee(s) will reconcile the balances and transactions in the Accounts with the Sub-Accounts on each Business Day.
(b) Processing purchase and redemption orders. Custodian or its affiliated designee(s) will receive and process any purchase, redemption or exchange orders in the Shares in individual transactions through the Accounts on each Business Day.
(c) Providing Client trade advices and Sub-Account statements. Custodian or its affiliated designee(s) will prepare and deliver, to Clients, statements showing such Client’s Share activity in their Sub-Account in accordance with applicable law. Custodian or its affiliated designee(s) agrees to send trade advices for executed transactions to Clients upon request.
(d) Processing distribution payments. Upon payment by the Funds of any distribution to Shareholders, Custodian or its affiliated designee(s) will process and pay to Clients their respective share of such distribution.
(e) Forwarding shareholder communications. Custodian agrees to deliver, or cause to be delivered, to Clients that are Shareholders all such Disclosure Documents upon the written request of the Fund or their agent and Fund or Series Trust shall bear all costs associated with the delivery of such documents. Custodian agrees that it makes available as an option to its Financial Intermediaries the electronic delivery of Disclosure Documents and it is at the Financial Intermediaries discretion that it be made available to its Clients.
