Common use of Relationship Services Clause in Contracts

Relationship Services. Within six months of the initial Live Date with respect to each Fund, the parties shall co-develop a separate relationship scorecard (the “Relationship Scorecard”) for each of the following components of the Services, as applicable: • Fund Accounting • Financial Reporting • Valuation • Tax • Regulatory Administration • Post-trade compliance The Relationship Scorecard shall be prepared quarterly in arrears, containing metrics identified by the parties used to determine a composite score for each component of the Services indicated above (i.e. not combined across Service components). On a quarterly basis, the Administrator will meet in person with the Adviser, the Board and their representatives to discuss the Relationship Scorecard, the factors contributing to each composite score, and any steps to be taken to improve unsatisfactory scores.

Relationship Services. Within six months of the initial Live Date with respect to each FundTrust, the parties shall co-develop a separate relationship scorecard (the “Relationship Scorecard”) for each of the following components of the Services, as applicable: • Fund Accounting • Financial Reporting • Valuation • Tax • Regulatory Administration • Post-trade compliance The Relationship Scorecard shall be prepared quarterly in arrears, containing metrics identified by the parties used to determine a composite score for each component of the Services indicated above (i.e. not combined across Service components). On a quarterly basis, the Administrator will meet in person with the Adviser, the Board and their representatives to discuss the Relationship Scorecard, the factors contributing to each composite score, and any steps to be taken to improve unsatisfactory scores.