Common use of Reduced Sales Charges Clause in Contracts

Reduced Sales Charges. Right of Accumulation - (You can add the amount of this purchase of Class A shares of one or more of the Funds to the value of your existing accounts, including accounts owned by your spouse, domestic partner and minor children, to obtain a breakpoint discount.) I apply for Rights of Accumulation, subject to confirmation of the following holdings of Class A, Individual Investor or Institutional shares. List account numbers to be linked for the reduced sales charge. If additional accounts are included, attach and sign a separate sheet. | | | Fund Name Account# Account Owner SSN# | | | Fund Name Account# Account Owner SSN# | | | Fund Name Account# Account Owner SSN# Statement of Intention - (You agree to make purchases of Class A shares in a specified amount within a period of 13 months. For each purchase you make under the statement of intention, you will pay the initial sales charge applicable to the total amount you have agreed to purchase.) I agree to the Statement of Intention provisions of the prospectus. While I am not obligated, over 13 months beginning with the date of this purchase, I intend to invest an aggregate amount in the Pax World Mutual Funds at least equal to (check appropriate box): $50,000 $100,000 $250,000 $500,000 $1,000,000 If I do not purchase the full amount of shares indicated within 13 months, the applicable Fund or Funds can redeem shares from my account(s) to satisfy the difference in the sales charge that I would have paid in the absence of the statement of intention. Please refer to the prospectus for more detailed information on these and other ways to qualify for reduced or waived sales charges.

Reduced Sales Charges. Right of Accumulation - (You can add the amount of this purchase of Class A shares of one or more of the Funds to the value of your existing accounts, including accounts owned by your spouse, domestic partner and minor children, to obtain a breakpoint discount.) I apply for Rights of Accumulation, subject to confirmation of the following holdings of Class A, Individual Investor or Institutional shares. List account numbers to be linked for the reduced sales charge. If additional accounts are included, attach and sign a separate sheet. | | | Fund Name Account# Account Owner SSN# | | | Fund Name Account# Account Owner SSN# | | | Fund Name Account# Account Owner SSN# Statement of Intention - (You agree to make purchases of Class A shares in a specified amount within a period of 13 months. For each purchase you make under the statement of intention, you will pay the initial sales charge applicable to the total amount you have agreed to purchase.) I agree to the Statement of Intention provisions of the prospectus. While I am not obligated, over 13 months beginning with the date of this purchase, I intend to invest an aggregate amount in the Pax World Mutual Funds at least equal to (check appropriate box): $50,000 $100,000 $250,000 $500,000 $1,000,000 If I do not purchase the full amount of shares indicated within 13 months, the applicable Fund or Funds can redeem shares from my account(s) to satisfy the difference in the sales charge that I would have paid in the absence of the statement of intention. Please refer to the prospectus for more detailed information on these and other ways to qualify for reduced or waived sales charges.