Common use of Sales of Fund Shares Clause in Contracts

Sales of Fund Shares. Any sales and redemptions of Fund shares for the account of Clients shall be conducted by the Advisor in compliance with the terms and conditions of the Funds' prospectuses and statements of additional information ("SAIs") in effect from time to time. DD, LLC shall provide the Advisor with current copies of the Funds' prospectuses and SAIs and any supplements thereto. From time to time, DD, LLC may notify the Advisor of changes in the list of Funds to which this Agreement relates by sending to the Advisor (by mail, or by facsimile transmission followed by hard copy by mail) a revised Exhibit A and the effective date of the change. In accordance with the then current applicable prospectuses, shares of certain Funds may be offered on a no-load basis ("No-Load Shares") and shares of other Funds may be offered pursuant to a multi-class distribution system ("Multi-Class Shares") under which investors will have the choice of purchasing Class A Shares, Class B Shares, Class C Shares, or Class Y Shares. With respect to Class A Shares, orders for shares received from the Advisor and accepted by DD, LLC will be at the public offering price applicable to each order, which will include the applicable sales load. It shall be the responsibility of the Advisor to inform DD, LLC if an order placed by Advisor for Class A Shares is entitled to a reduced sales charge. With respect to No-Load Shares, Class B Shares, Class C Shares and Money Market Fund Class A Shares, the Advisor will offer and sell shares of the Funds only at their respective net asset values. With respect to Class A Shares, the Advisor will be paid an appropriate agency commission, on the basis set forth in the then current applicable prospectus. Commissions will be paid to the Advisor semi-monthly with respect to direct purchases and deducted from settlement with respect to all wire order purchases. With respect to Class B and Class C Shares, DD, LLC, will pay commissions to the Advisor on sales of such shares. Commissions will be paid to the Advisor semi-monthly with respect to direct purchases and deducted from settlement with respect to all wire order purchases. The Advisor agrees not to share or rebate any portion of such commissions or to otherwise grant any commissions, discounts, or other allowances to any person who is not a broker or dealer actually engaged in the investment banking or securities business or a bank as defined in Section 3(a)(6) of the Act. The Advisor will receive commissions, as indicated above, on all purchase transactions in shareholder accounts (excluding reinvestment of any dividends and distributions) for which the Advisor is designated as dealer of record, except where we determine that any such purchase was made with the proceeds of a redemption or repurchase of shares of the same Fund or another Fund.

Sales of Fund Shares. Any sales and redemptions of Fund shares for the --------------------- account of Clients shall be conducted by the Advisor in compliance with the terms and conditions of the Funds' prospectuses and statements of additional information ("SAIs") in effect from time to time. DD, LLC shall provide the Advisor with current copies of the Funds' prospectuses and SAIs and any supplements thereto. From time to time, DD, LLC may notify the Advisor of changes in the list of Funds to which this Agreement relates by sending to the Advisor (by mail, or by facsimile transmission followed by hard copy by mail) a revised Exhibit A and the effective date of the change. In accordance with the then current applicable prospectuses, shares of certain Funds may be offered on a no-load basis ("No-Load Shares") and shares of other Funds may be offered pursuant to a multi-class distribution system ("Multi-Class Shares") under which investors will have the choice of purchasing Class A Shares, Class B Shares, Class C Shares, or Class Y Shares. With respect to Class A Shares, orders for shares received from the Advisor and accepted by DD, LLC will be at the public offering price applicable to each order, which will include the applicable sales load. It shall be the responsibility of the Advisor to inform DD, LLC if an order placed by Advisor for Class A Shares is entitled to a reduced sales charge. With respect to No-Load Shares, Class B Shares, Class C Shares and Money Market Fund Class A Shares, the Advisor will offer and sell shares of the Funds only at their respective net asset values. With respect to Class A Shares, the Advisor will be paid an appropriate agency commission, on the basis set forth in the then current applicable prospectus. Commissions will be paid to the Advisor semi-monthly with respect to direct purchases and deducted from settlement with respect to all wire order purchases. With respect to Class B and Class C Shares, DD, LLC, will pay commissions to the Advisor on sales of such shares. Commissions will be paid to the Advisor semi-monthly with respect to direct purchases and deducted from settlement with respect to all wire order purchases. The Advisor agrees not to share or rebate any portion of such commissions or to otherwise grant any commissions, discounts, or other allowances to any person who is not a broker or dealer actually engaged in the investment banking or securities business or a bank as defined in Section 3(a)(6) of the Act. The Advisor will receive commissions, as indicated above, on all purchase transactions in shareholder accounts (excluding reinvestment of any dividends and distributions) for which the Advisor is designated as dealer of record, except where we determine that any such purchase was made with the proceeds of a redemption or repurchase of shares of the same Fund or another Fund.