Common use of Secondary Source Clause in Contracts

Secondary Source. Indicate the secondary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Tertiary Source: Indicate the tertiary (3rd level) source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Pricing Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, Evaluated, Last, Official Close etc.- Please note that the closing price reported by an exchange (which may sometimes be referred to by the exchange or one or more pricing agents as the "official close", the "official closing price" or other similar term) will be taken to be the "most recent sale price" for purposes of this section. In these instances, it is believed to be representative of the value at the close of the exchange. Pricing Default Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, Evaluated, Last, etc. in the instance where the preferred price type is not available. Valuation Point: That point in time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Date: Indicate the date the Price Source Authorization was completed To: State Street Bank and Trust Company From: Federated Investors, Inc. Client Name: Federated Investors, Inc. Client Address: Federated Investors Tower 0000 Xxxxxxx Xxxxxx Xxxxxxxxxx, XX. 00000-0000 Date: January 1, 2007 Re: FAIR VALUE PRICING AUTHORIZATION Reference is made to the Financial Administration and Accounting Services Agreement dated January 1, 2007 between the Trust and State Street Bank and Trust Company (“State Street”). Capitalized terms used in this Fair Value Pricing Authorization or in any attachment or supplement shall have the meanings provided in the Financial Administration and Accounting Services Agreement unless otherwise specified. Pursuant to the Financial Administration and Accounting Services Agreement, the Fund hereby directs State Street to calculate the net asset value (“NAV”) of the Trust or, if applicable, its Series, in accordance with the terms of the Trusts’ or Series’ currently effective Prospectus or other governing documents. State Street will perform the NAV calculation subject to the terms and conditions of the Financial Administration and Accounting Services Agreement, Price Source Authorization, and this Authorization. The Trust hereby authorizes State Street to use the Fair Value pricing source specified on the attached Fair Value Pricing Authorization Form to obtain adjustment factors to be applied to the closing prices of the securities of the Trust or the Series to calculate a fair-value-adjusted market value to be used in the calculation of the net asset value of the Trust or its Series. The Trust understands that State Street does not assume responsibility for the accuracy of the adjustment factors or other fair value pricing information provided by the specified fair value vendor and that State Street shall have no liability for any incorrect data provided by said vendor specified by the Trust, except as may arise from State Street’s lack of reasonable care in applying any adjustment factors to the closing prices of the Trusts’ or Series’ securities and/or (if applicable) calculating the fair value adjusted net asset value of the Trust or Series in accordance with the data furnished to State Street. The Trust agrees to indemnify and hold State Street harmless from any claim, loss or damage arising as a result of using Fair Value adjustment factors or prices furnished by any specified Fair Value pricing source. The Trust agrees to notify State Street promptly in writing if the fair value pricing procedures authorized by the Trust’s Board have been changed. Kindly acknowledge your acceptance of the terms of this letter in the space provided below. By: /s/ Xxxxxxx X. Xxxxx The foregoing terms are hereby accepted. [Authorized Officer of the Trust] Title: Treasurer STATE STREET BANK AND TRUST COMPANY By: /s/ Xxx X’Xxxxxxx Vice President Effective Date: __1-1-2007 Fair Value Pricing Source: ITG

Secondary Source. Indicate the secondary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Tertiary Source: Indicate the tertiary (3rd level) source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Pricing Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, Evaluated, Last, Official Close etc.- Please note that the closing price reported by an exchange (which may sometimes be referred to by the exchange or one or more pricing agents as the "official close", the "official closing price" or other similar term) will be taken to be the "most recent sale price" for purposes of this section. In these instances, it is believed to be representative of the value at the close of the exchange. Pricing Default Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, Evaluated, Last, etc. in the instance where the preferred price type is not available. Valuation Point: That point in time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Date: Indicate the date the Price Source Authorization was completed EXHIBIT C FAIR VALUE PRICING AUTHORIZATION To: State Street Bank and Trust Company From: Federated Investors, Inc. Client Name: Federated Investors, Inc. Client Address: Federated Investors Tower 0000 Xxxxxxx Xxxxxx Xxxxxxxxxx1001 Liberty Avenue Pittsburgh, XXPX. 00000-0000 DateXxxx: January 1Xxxxxxx 0, 2007 Re0000 Xx: FAIR XXXR VALUE PRICING AUTHORIZATION Reference is made to the Financial Administration and Accounting Services Agreement dated January 1, 2007 between the Trust and State Street Bank and Trust Company (“State Street”). Capitalized terms used in this Fair Value Pricing Authorization or in any attachment or supplement shall have the meanings provided in the Financial Administration and Accounting Services Agreement unless otherwise specified. Pursuant to the Financial Administration and Accounting Services Agreement, the Fund hereby directs State Street to calculate the net asset value (“NAV”) of the Trust or, if applicable, its Series, in accordance with the terms of the Trusts’ or Series’ currently effective Prospectus or other governing documents. State Street will perform the NAV calculation subject to the terms and conditions of the Financial Administration and Accounting Services Agreement, Price Source Authorization, and this Authorization. The Trust hereby authorizes State Street to use the Fair Value pricing source specified on the attached Fair Value Pricing Authorization Form to obtain adjustment factors to be applied to the closing prices of the securities of the Trust or the Series to calculate a fair-value-adjusted market value to be used in the calculation of the net asset value of the Trust or its Series. The Trust understands that State Street does not assume responsibility for the accuracy of the adjustment factors or other fair value pricing information provided by the specified fair value vendor and that State Street shall have no liability for any incorrect data provided by said vendor specified by the Trust, except as may arise from State Street’s lack of reasonable care in applying any adjustment factors to the closing prices of the Trusts’ or Series’ securities and/or (if applicable) calculating the fair value adjusted net asset value of the Trust or Series in accordance with the data furnished to State Street. The Trust agrees to indemnify and hold State Street harmless from any claim, loss or damage arising as a result of using Fair Value adjustment factors or prices furnished by any specified Fair Value pricing source. The Trust agrees to notify State Street promptly in writing if the fair value pricing procedures authorized by the Trust’s Board have been changed. Kindly acknowledge your acceptance of the terms of this letter in the space provided below. By: /s/ Xxxxxxx X. Xxxxx Richard A. Novak The foregoing terms are hereby acceptedterxx xxx xxxxxx xxcepted. [Authorized Officer of the Trust] Title: Treasurer STATE STREET BANK AND TRUST COMPANY By: /s/ Xxx X’Xxxxxxx Leo O’Donnell Vice President Xxxx Entity Name: Federated Investors Effective Date: __1-1-2007 Fair Value Pricing Source: ITGITG Market Trigger(s) with Timing

Secondary Source. Indicate the secondary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Tertiary Source: Indicate the tertiary (3rd level) source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Pricing Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, EvaluatedEvaluated Mean, LastLast Sale, Official Close etc.- Please note that the closing price reported by an exchange (which may sometimes be referred to by the exchange or one or more pricing agents as the "official close"amortized cost, the "official closing price" or other similar term) will be taken to be the "most recent sale price" for purposes of this section. In these instances, it is believed to be representative of the value at the close of the exchangeetc. Pricing Default Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, EvaluatedEvaluated Mean, LastLast Sale, amortized cost, etc. in the instance where the preferred price type is not available. available Valuation Point: That point in Indicate time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) of day: Market Close, End of Day, specific time and time zone. Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Authorization. If multiple legal entities are listed on p. 2, please provide the signature of an authorized person in each case, if necessary. Date: Indicate the date the Price Source Authorization was completed To: State Street Bank and Trust Company From: Federated InvestorsADDENDUM to that certain Investment Accounting Agreement dated as of September 27, 2013 (the “Investment Accounting Agreement”) between Prudential Financial, Inc. Client Name: Federated Investors, Inc. Client Address: Federated Investors Tower 0000 Xxxxxxx Xxxxxx Xxxxxxxxxx, XX. 00000-0000 Date: January 1, 2007 Re: FAIR VALUE PRICING AUTHORIZATION Reference is made to (the Financial Administration and Accounting Services Agreement dated January 1, 2007 between the Trust “Customer”) and State Street Bank and Trust Company Company, including its subsidiaries and affiliates (“State Street”). Capitalized terms used State Street has developed and/or utilizes proprietary or third party accounting and other systems in this Fair Value Pricing Authorization or in any attachment or supplement shall have conjunction with the meanings provided in the Financial Administration and Accounting Services Agreement unless otherwise specified. Pursuant services that State Street provides to the Financial Administration and Accounting Services AgreementCustomer. In this regard, the Fund hereby directs State Street maintains certain information in databases under its ownership and/or control that it makes available to calculate its customers (the net asset value (“NAVRemote Access Services”) of the Trust or, if applicable, its Series, in accordance with the terms of the Trusts’ or Series’ currently effective Prospectus or other governing documents). State Street will perform agrees to provide the NAV calculation subject to the terms and conditions of the Financial Administration and Accounting Services Agreement, Price Source AuthorizationCustomer, and this Authorization. The Trust hereby authorizes State Street to use the Fair Value pricing source specified on the attached Fair Value Pricing Authorization Form to obtain adjustment factors to be applied to the closing prices of the securities of the Trust or the Series to calculate a fair-value-adjusted market value to be used in the calculation of the net asset value of the Trust or its Series. The Trust understands that State Street does not assume responsibility for the accuracy of the adjustment factors designated investment advisors, consultants or other fair value pricing information provided third parties who agree to abide by the specified fair value vendor and that State Street shall have no liability for any incorrect data provided by said vendor specified by the Trust, except as may arise from State Street’s lack of reasonable care in applying any adjustment factors to the closing prices of the Trusts’ or Series’ securities and/or (if applicable) calculating the fair value adjusted net asset value of the Trust or Series in accordance with the data furnished to State Street. The Trust agrees to indemnify and hold State Street harmless from any claim, loss or damage arising as a result of using Fair Value adjustment factors or prices furnished by any specified Fair Value pricing source. The Trust agrees to notify State Street promptly in writing if the fair value pricing procedures authorized by the Trust’s Board have been changed. Kindly acknowledge your acceptance of the terms of this letter in the space provided below. By: /s/ Xxxxxxx X. Xxxxx The foregoing terms are hereby accepted. [Addendum (“Authorized Officer of the Trust] Title: Treasurer STATE STREET BANK AND TRUST COMPANY By: /s/ Xxx X’Xxxxxxx Vice President Effective Date: __1-1-2007 Fair Value Pricing Source: ITGDesignees”) with access to State Street proprietary and third party systems as may be offered by State Street from time to time (each, a “System”) on a remote basis.

Secondary Source. Indicate the secondary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Tertiary Source: Indicate the tertiary (3rd level) source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Pricing Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, Evaluated, Last, Official Close etc.- Please note that the closing price reported by an exchange (which may sometimes be referred to by the exchange or one or more pricing agents as the "official close", the "official closing price" or other similar term) will be taken to be the "most recent sale price" for purposes of this section. In these instances, it is believed to be representative of the value at the close of the exchange. Pricing Default Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, Evaluated, Last, etc. in the instance where the preferred price type is not available. Valuation Point: That point in time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Date: Indicate the date the Price Source Authorization was completed To: State Street Bank and Trust Company From: Federated Investors, Inc. Client Name: Federated Investors, Inc. Client Address: Federated Investors Tower 0000 1000 Xxxxxxx Xxxxxx Xxxxxxxxxx, XX. 00000-0000 Date: January 1, 2007 Re: FAIR VALUE PRICING AUTHORIZATION Reference is made to the Financial Administration and Accounting Services Agreement dated January 1, 2007 between the Trust and State Street Bank and Trust Company (“State Street”). Capitalized terms used in this Fair Value Pricing Authorization or in any attachment or supplement shall have the meanings provided in the Financial Administration and Accounting Services Agreement unless otherwise specified. Pursuant to the Financial Administration and Accounting Services Agreement, the Fund hereby directs State Street to calculate the net asset value (“NAV”) of the Trust or, if applicable, its Series, in accordance with the terms of the Trusts’ or Series’ currently effective Prospectus or other governing documents. State Street will perform the NAV calculation subject to the terms and conditions of the Financial Administration and Accounting Services Agreement, Price Source AuthorizationAuthor ization, and this Authorization. The Trust hereby authorizes State Street to use the Fair Value pricing source specified on the attached Fair Value Pricing Authorization Form to obtain adjustment factors to be applied to the closing prices of the securities of the Trust or the Series to calculate a fair-value-adjusted market value to be used in the calculation of the net asset value of the Trust or its Series. The Trust understands that State Street does not assume responsibility for the accuracy of the adjustment factors or other fair value pricing information provided by the specified fair value vendor and that State Street shall have no liability for any incorrect data provided by said vendor specified by the Trust, except as may arise from State Street’s lack of reasonable care in applying any adjustment factors to the closing prices of the Trusts’ or Series’ securities and/or (if applicable) calculating the fair value adjusted net asset value of the Trust or Series in accordance with the data furnished to State Street. The Trust agrees to indemnify and hold State Street harmless from any claim, loss or damage arising as a result of using Fair Value adjustment factors or prices furnished by any specified Fair Value pricing source. The Trust agrees to notify State Street promptly in writing if the fair value pricing procedures authorized by the Trust’s Board have been changed. Kindly acknowledge your acceptance of the terms of this letter in the space provided below. By: /s/ Xxxxxxx X. Xxxxx The foregoing terms are hereby accepted. [Authorized Officer of the Trust] Title: Treasurer STATE STREET BANK AND TRUST COMPANY By: /s/ Xxx X’Xxxxxxx Vice President Effective Date: __1-1-2007 Fair Value Pricing Source: ITG.

Secondary Source. Indicate the secondary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Tertiary Source: Indicate the tertiary (3rd level) source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly. Pricing Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, EvaluatedEvaluated Mean, LastLast Sale, Official Close etc.- Please note that the closing price reported by an exchange (which may sometimes be referred to by the exchange or one or more pricing agents as the "official close"amortized cost, the "official closing price" or other similar term) will be taken to be the "most recent sale price" for purposes of this section. In these instances, it is believed to be representative of the value at the close of the exchangeetc. Pricing Default Logic: Indicate the price type to be referenced for the security type: Ask, Bid, Close, EvaluatedEvaluated Mean, LastLast Sale, amortized cost, etc. in the instance where the preferred price type is not available. available Valuation Point: That point in Indicate time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) of day: Market Close, End of Day, specific time and time zone. Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Authorization. If multiple legal entities are listed on p. 2, please provide the signature of an authorized person in each case, if necessary. Date: Indicate the date the Price Source Authorization was completed To: SCHEDULE D STATE STREET BANK AND TRUST COMPANY SECURIAN FUNDS TRUST FUND ACCOUNTING AND FUND ADMINISTRATION FEE SCHEDULE AS OF MAY 1, 2012 This Fee Schedule is for services (the “Services”) provided by State Street Bank and Trust Company From: Federated Investors, Inc. Client Name: Federated Investors, Inc. Client Address: Federated Investors Tower 0000 Xxxxxxx Xxxxxx Xxxxxxxxxx, XX. 00000-0000 Date: January 1, 2007 Re: FAIR VALUE PRICING AUTHORIZATION Reference is made to the Financial Administration and Accounting Services Agreement dated January 1, 2007 between the Trust and State Street Bank and Trust Company or its affiliates (“State Street”). Capitalized terms used in this Fair Value Pricing Authorization or in any attachment or supplement shall have ) to the meanings provided in the Financial Administration and Funds (as defined below) pursuant to that certain (a) Investment Accounting Services Agreement unless otherwise specified. Pursuant to by and between State Street and the Financial Fund dated as of May 1, 2012, (the “Fund Accounting Agreement”), (b) Administration Agreement by and Accounting between State Street and the Fund dated as of May 1, 2012, (the “Administration Agreement” and (c) Money Market Services Agreement by and between State Street and the Fund dated as of May 1, 2012, (the “Money Market Services Agreement” and together with the Custody Agreement and the Administration Agreement, the Fund hereby directs State Street “Agreements,” all as may be amended, supplemented, restated or otherwise modified from time to calculate the net asset value (“NAV”) of the Trust ortime). This fee schedule shall apply to all funds, if applicable, its Series, in accordance with the terms of the Trusts’ portfolios or Series’ currently effective Prospectus accounts that may be party or other governing documents. State Street will perform the NAV calculation subject to the terms Agreements from time to time (each a “Fund” and conditions of collectively, the Financial Administration and Accounting Services Agreement, Price Source Authorization, and this Authorization. The Trust hereby authorizes State Street to use the Fair Value pricing source specified on the attached Fair Value Pricing Authorization Form to obtain adjustment factors to be applied to the closing prices of the securities of the Trust or the Series to calculate a fair-value-adjusted market value to be used in the calculation of the net asset value of the Trust or its Series. The Trust understands that State Street does not assume responsibility for the accuracy of the adjustment factors or other fair value pricing information provided by the specified fair value vendor and that State Street shall have no liability for any incorrect data provided by said vendor specified by the Trust, except as may arise from State Street’s lack of reasonable care in applying any adjustment factors to the closing prices of the Trusts’ or Series’ securities and/or (if applicable) calculating the fair value adjusted net asset value of the Trust or Series in accordance with the data furnished to State Street. The Trust agrees to indemnify and hold State Street harmless from any claim, loss or damage arising as a result of using Fair Value adjustment factors or prices furnished by any specified Fair Value pricing source. The Trust agrees to notify State Street promptly in writing if the fair value pricing procedures authorized by the Trust’s Board have been changed. Kindly acknowledge your acceptance of the terms of this letter in the space provided below. By: /s/ Xxxxxxx X. Xxxxx The foregoing terms are hereby accepted. [Authorized Officer of the Trust] Title: Treasurer STATE STREET BANK AND TRUST COMPANY By: /s/ Xxx X’Xxxxxxx Vice President Effective Date: __1-1-2007 Fair Value Pricing Source: ITG“Funds”).