Services and Duties of USBGFS. (A) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser with respect to each Fund: 1. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”). 2. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account. 3. Pay proceeds upon receipt from the Fund’s custodian, where relevant, in accordance with the instructions of redeeming shareholders. 4. Process transfers of shares in accordance with the shareholder’s instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus. 5. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions. 6. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans. 7. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment). 8. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus. 9. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), a record of the total number of shares of each Fund which are authorized, issued and outstanding. 10. Prepare ad-hoc reports as necessary at prevailing rates. 11. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information. 12. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders. 13. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund. 14. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations. 15. Provide the total number of shares of the Fund sold in each state to enable the Adviser to monitor such sales for blue sky purposes; provided that the Adviser, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state. 16. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation. 17. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto. 18. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund. 19. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections. (B) USBGFS shall provide the following additional transfer agent services to the Adviser with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 2 contracts
Samples: Transfer Agent Servicing Agreement (Aristotle Funds Series Trust), Transfer Agent Servicing Agreement (Aristotle Funds Series Trust)
Services and Duties of USBGFS. (A) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser Trust with respect to each Fund:
1. A. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”)) .
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Pay proceeds upon receipt from the Fund’s 's custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. D. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. E. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. Serve X. Xxxxx as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. G. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. H. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. I. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. Prepare X. Xxxxxxx ad-hoc reports as necessary at prevailing rates.
11. K. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. Prepare X. Xxxxxxx and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. M. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. N. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. O. Provide the total number of shares of the Fund sold in each state to enable the Adviser Trust to monitor such sales for blue sky purposes; provided that the AdviserTrust, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Answer X. Xxxxxx correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17. Q. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
18. R. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. S. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(B) USBGFS shall provide the following additional transfer agent services to the Adviser with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 2 contracts
Samples: Transfer Agent Servicing Agreement (Mason Capital Fund Trust), Transfer Agent Servicing Agreement (Mason Capital Fund Trust)
Services and Duties of USBGFS. (A) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser Trust with respect to each Fund:
1. Maintain records of the accounts for each Fund shareholder showing, but not limited to, the following information: (i) name, address and United States Tax Identification or Social Security number; (ii) number and class of shares held; (iii) historical information regarding the account of each shareholder, including dividends and distributions paid and the date and price for all transactions on a shareholder’s account; (vi) any stop or restraining order placed against a shareholder’s account; (v) any correspondence relating to the current maintenance of a shareholder’s account; and (vi) Information with respect to tax withholdings.
2. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”).
23. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
34. Process exchanges between Funds and/or conversions between shares classes of Funds in accordance with the procedures described in the Prospectus.
5. Pay proceeds upon receipt from the Fund’s custodian, where relevant, in accordance with the instructions of redeeming shareholdersshareholders and the Prospectus.
46. Process transfers of shares in accordance with the shareholder’s instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
57. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructionsinstructions and the Prospectus.
68. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
79. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
810. Handle sales load and multi-class transaction processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
911. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
1012. Prepare ad-hoc reports as necessary at prevailing rates.
1113. Mail shareholder reports reports, Prospectuses and Prospectuses all other communications required to be sent under the 1940 Act to current shareholders for whom USBGFS has direct access and appropriate registration information.
1214. Prepare and file U.S. Treasury Department Forms 1099 1099, 5498 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
1315. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
1416. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
1517. Provide the total number of shares of the Fund sold in each state to enable the Adviser Trust to monitor such sales for blue sky purposes; provided that the AdviserTrust, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
1618. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
1719. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
1820. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
1921. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
22. Collect counts from the record shareholders who are themselves financial intermediaries with clients who are Fund shareholders of beneficial interest (the “Beneficial Shareholders”) and assist such financial intermediaries to provide an adequate number of Prospectuses, shareholder reports and all other communications to Beneficial Shareholders required to be sent by the 1940 Act and the rules and regulations thereunder.
23. Provide to the Trust, promptly upon request, the Taxpayer Identification Number or other identifying information of any shareholder that purchased, redeemed, transferred or exchanged shares of the Funds, and the amount and dates of such shareholder purchases, redemptions, transfers, and exchanges.
24. Assist in monitoring shareholder transaction activity for the purposes of identifying transaction activity that may be excessive to the Funds or their shareholders as outlined in the Prospectus.
25. Except with respect to a Fund’s shares held through an intermediary account, execute any instructions from the Trust to restrict or prohibit further purchases or exchanges of a Fund’s shares by a shareholder who has been identified by the Trust as having engaged in transactions of a Fund’s shares that violates applicable law or any policies established by the Trust for the purposes of eliminating or reducing any dilution of the value of the outstanding securities issued by the Funds.
26. Provide a daily report of the total number of shares of a Fund sold in each state to enable the Trust or its agent to monitor such sales for blue sky law purposes.
27. Provide the following administrative services for accounts that are (a) a Traditional, SEP, Xxxx, or SIMPLE individual retirement account within the meaning of Section 408 of the Code, and (ii) a “CESA,” hereby defined to mean a Xxxxxxxxx educational savings account within the meaning of Section 530 of the Code (each, a Tax Advantaged Account”), with respect to which a qualified affiliate of USBGFS is separately serving as the custodian (a “Custodied Account”) to the extent the particular administrative service is appropriate under the Code (as hereinafter defined), subject to applicable terms and conditions of the Code, this Agreement, appropriate written procedures, account documentation and a Fund’s Prospectus:
a. Process instructions received in good order regarding contributions, including using contribution payments actually received to purchase shares of a Fund and keep appropriate records of contributions for tax reporting purposes;
b. Effect instructions for distributions received in good order and establish and maintain a record of the types and reasons for distributions (e.g., attainment of age 59-1/2, disability, death, return of excess contributions);
c. Send blank designation of beneficiary forms to beneficial owners of Custodied Accounts (“Participants”) and process designation of beneficiary forms completed and received from Participants in good order;
d. Process instructions received in good order for exchanges of Fund shares, rollovers, direct rollovers, conversions, reconversions, recharacterizations, return of excess contributions and transfers of assets (or the proceeds of liquidated assets) to a successor custodian or successor trustee;
e. Upon receipt in good order of a notification of the death of a Participant, process transfers and distributions in accordance with instructions received in good order;
f. Prepare any annual reports or returns required to be prepared and/or filed by a custodian of Tax Advantaged Accounts, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the Internal Revenue Service and provide same to the Participant or Participant’s beneficiary, as applicable;
g. Perform applicable federal withholding and send to the Participant or Participant’s beneficiary, as applicable, any required annual notice regarding federal tax withholding; and
h. Upon the receipt of a request to open a Custodied Account, provide appropriate account documentation to open the Custodied Account and thereafter as necessary to maintain the Custodied Account in compliance with the Code.
(B) USBGFS shall provide the following additional transfer agent services to the Adviser Trust with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
(C) USBGFS hereby agrees that commercially reasonable service levels (“SLAs”) will be observed and complied with by it in the performance of its services hereunder, subject to final agreement between the parties on the terms and conditions of more specific SLAs. The parties hereto covenant to one another to negotiate in good faith on the SLAs and to either amend this Agreement or to execute a side agreement to memorialize such SLAs once finalized.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Aristotle Funds Series Trust)
Services and Duties of USBGFS. (A) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser with respect to each Fund:
1. A. Receive and process all orders for transactions the purchase and/or repurchase of shares in accordance with applicable regulations, the 1940 Act and as specified in the Fund’s prospectus rules and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”)regulations promulgated thereunder.
2. B. Process investor applications received from prospective holders of the shares.
C. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructionscustodian, and record issue the appropriate number of shares being held in the appropriate shareholder account.
3. Pay X. Xxx proceeds upon receipt from the Fund’s 's custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. E. Process tender offers and related repurchase requests received in good order and, where relevant, deliver appropriate documentation to the Fund.
F. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. G. Prepare and transmit payments, or apply reinvestments payments and/or shares for income dividends and capital gains distributions declared by the Adviser Fund with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. Serve X. Xxxxx as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. I. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and withdrawal, automatic investment, dividend reinvestment).
8. J. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. K. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. L. Prepare ad-hoc reports as necessary at prevailing rates.
11. M. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration informationshareholders.
12. Prepare X. Xxxxxxx and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. O. Provide shareholder account information upon shareholder shareholders or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. P. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. Q. Provide the total number of shares of the Fund sold in each state to enable the Adviser Fund to monitor such sales for blue sky purposes; provided that the AdviserFund, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Answer X. Xxxxxx correspondence from shareholders, securities brokers and others relating to USBGFS’ ’s duties hereunder within required time periods established by applicable regulation.
17. S. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B A hereto.
18. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. T. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
U. Perform its duties hereunder in compliance with all applicable laws and regulations and provide any sub-certifications reasonably requested by the Fund in connection with any certification required of the Fund pursuant to the Xxxxxxxx-Xxxxx Act of 2002 or any rules or regulations promulgated by the U.S. Securities and Exchange Commission (B“SEC”) thereunder, provided the same shall not be deemed to change USBGFS’ standard of care as set forth herein.
V. In order to assist the Fund in satisfying the requirements of Rule 38a-1 under the 1940 Act, USBGFS shall will provide the following additional transfer agent services Fund’s Chief Compliance Officer with reasonable access to USBGFS’ Fund records relating to the Adviser with respect services provided by it under this Agreement, and will provide quarterly compliance reports and related certifications regarding any Material Compliance Matter (as defined in the 1940 Act) involving USBGFS that affect or could affect the Fund.
W. Administer the Fund’s distribution reinvestment plan, including:
i. Acceptance and processing of shareholder opt-in and opt-out elections.
ii. Tracking of shareholder election statuses, and reporting to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so electson such statuses, USBGFS shall when requested.
iii. Completion of the share issuance and purchase transactions in relation to distributions payable to shareholders participating in the distribution reinvestment plan.
X. Prepare certified Shareholder lists for the Fund in connection with any special shareholder meetings; provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibitsshareholder account information upon shareholder, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) intermediary dealer or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminatedfund requests.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Oxford Park Income Fund, Inc.)
Services and Duties of USBGFS. (A) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser Trust with respect to each Fund, as applicable:
1. A. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information Additional Information (or similar disclosure documents) (together, the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”)) .
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Fund's custodian.
D. Pay proceeds upon receipt from the Fund’s 's custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. E. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. F. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. G. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. H. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. I. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. J. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. K. Prepare ad-hoc reports as necessary at prevailing rates.
11. L. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. N. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. O. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. P. Provide the total number of shares of the Fund sold in each state to enable the Adviser Trust to monitor such sales for blue sky purposes; provided that the AdviserTrust, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Q. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17. R. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
18. S. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. T. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(B) USBGFS shall provide the following additional transfer agent services to the Adviser with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM U. If the Fund so elects, USBGFS shall provide the following additional services that are set out and further described and that may be subject to additional terms and conditions specified in their respective exhibitsthe fee schedule in Exhibit C hereto, as such it may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Milliman Variable Insurance Trust)
Services and Duties of USBGFS. (AI) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser Trust with respect to each Fund:
1. A. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”).
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Pay proceeds upon receipt from the Fund’s custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. D. Process transfers of shares in accordance with the shareholder’s instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. E. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. Serve F. Xxxxx as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. G. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. H. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. I. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. Prepare J. Xxxxxxx ad-hoc reports as necessary at prevailing rates.
11. K. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. Prepare L. Xxxxxxx and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. M. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. N. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. O. Provide the total number of shares of the Fund sold in each state to enable the Adviser Trust to monitor such sales for blue sky purposes; provided that the AdviserTrust, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Answer P. Xxxxxx correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17. Q. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
18. R. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. S. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(BII) USBGFS shall provide the following additional transfer agent services to the Adviser Trust with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Volatility Shares Trust)
Services and Duties of USBGFS. (AI) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser Trust with respect to each Fund:
1. i. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”)) .
2ii. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3iii. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Fund's custodian.
iv. Pay proceeds upon receipt from the Fund’s 's custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. v. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5vi. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6vii. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7viii. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8ix. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. x. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e17Ad- 10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10xi. Prepare ad-hoc reports as necessary at prevailing rates.
11xii. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12xiii. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13xiv. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14xv. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15xvi. Provide the total number of shares of the Fund sold in each state to enable the Adviser Trust to monitor such sales for blue sky purposes; provided that the AdviserTrust, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16xvii. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17xviii. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
18xix. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19xx. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(BII) USBGFS shall provide the following additional transfer agent services to the Adviser Trust with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM INFORMATM
i. If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Internet Access (as of the date hereof, also known as Fan Web or Digital Investor), Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
ii. USBGFS shall allow the Fund access to various fund data, systems, industry information and processes as the parties may agree to from time to time, through Mutual Fund eXchange (“MFx”), subject to the terms of this Agreement and the additional terms and conditions contained in the on-line MFx access agreement to be entered into upon accessing MFx for the first time. USBGFS shall enable the Fund to access MFx services by supplying the Fund with necessary software, training, information and connectivity support as mutually agreed upon, all of which shall constitute confidential knowledge and information of USBGFS and shall be used by the Fund only as necessary to access MFx services pursuant to this Agreement. The Fund shall provide for the security of all codes and system access mechanisms relating to MFx provided to it by USBGFS and implement such security procedures and/or devices to ensure the integrity of MFx. The Fund hereby understands that USBGFS will perform periodic maintenance to the MFx hardware and software being accessed, which may cause temporary service interruptions. USBGFS shall notify the Fund of all planned outages and, to the extent possible, will perform any necessary maintenance during non-business hours. The Fund hereby acknowledges that all programs, software, manuals and other written information relating to MFx access provided by USBGFS pursuant to this Agreement shall remain the exclusive property of USBGFS at all times. The Fund acknowledges that it is responsible for determining the suitability and accuracy of the information obtained through its access to MFx. USBGFS MAKES NO WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED, WITH RESPECT TO THE SUITABILITY AND ACCURACY OF FUND DATA, SYSTEMS, INDUSTRY INFORMATION AND PROCESSES ACCESSED THROUGH MFx. However, USBGFS will assist the Fund in verifying the accuracy of any of the information made available to the Fund through MFx and covered by this Agreement. In the event of termination of this Agreement, the Fund shall immediately end its access to MFx and return all codes, system access mechanisms, programs, manuals and other written information to USBGFS, and shall, to the extent reasonably technically practicable and permitted by applicable law, destroy or erase all such information on any diskettes or other storage medium, unless such access continues to be permitted pursuant to a separate agreement.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Intrepid Capital Management Funds Trust)
Services and Duties of USBGFS. (AI) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser with respect to each FundCompany:
1. A. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the FundCompany’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”).
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the FundCompany’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Company’s custodian.
D. Pay proceeds upon receipt from the FundCompany’s custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. E. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. F. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser with respect to a FundCompany, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. G. Serve as the FundCompany’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. H. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. I. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. J. Record the issuance of shares of the Fund Company and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund the Company which are authorized, issued and outstanding.
10. K. Prepare ad-hoc reports as necessary at prevailing rates.
11. L. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. N. Provide shareholder account information upon shareholder or Fund Company requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the FundCompany.
14. O. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the FundCompany, all as required by applicable federal and state tax laws and regulations.
15. P. Provide the total number of shares of the Fund Company sold in each state to enable the Adviser Company to monitor such sales for blue sky purposes; provided that the AdviserCompany, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Q. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17. R. Reimburse the Fund Company each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B A hereto.
18. S. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fundthe Company.
19. T. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(BII) USBGFS shall provide the following additional transfer agent services to the Adviser with respect to each Fund Company for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM INFORMATM
A. If the Fund Company so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Internet Access (as of the date hereof, also known as Fan Web or Digital Investor), Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund Company hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits B or C or D are selected by the FundCompany, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C B or DC, the exhibit shall control. The provisions of Exhibits C B or DC, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
B. USBGFS shall allow the Company access to various fund data, systems, industry information and processes as the parties may agree to from time to time, through Mutual Fund eXchange (“MFx”), subject to the terms of this Agreement and the additional terms and conditions contained in the on-line MFx access agreement to be entered into upon accessing MFx for the first time. USBGFS shall enable the Company to access MFx services by supplying the Company with necessary software, training, information and connectivity support as mutually agreed upon, all of which shall constitute confidential knowledge and information of USBGFS and shall be used by the Company only as necessary to access MFx services pursuant to this Agreement. The Company shall provide for the security of all codes and system access mechanisms relating to MFx provided to it by USBGFS and implement such security procedures and/or devices to ensure the integrity of
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Jensen Quality Growth Fund Inc)
Services and Duties of USBGFS. (AI) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser Trust with respect to each Fund:
1. A. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information Additional Information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”).
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Pay proceeds upon receipt from the Fund’s custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. D. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. X. Xxxxxxxx the record of the name and address of each shareholder and the number of shares issued by each Fund and held by the shareholder, to be maintained for the seven year retention period.
F. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Trust with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. Serve X. Xxxxx as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. H. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. I. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. J. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e17Ad- 10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. Prepare X. Xxxxxxx ad-hoc reports as necessary at prevailing rates.
11. L. Mail or electronically send shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. Prepare X. Xxxxxxx and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. N. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. O. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. P. Provide the total number of shares of the Fund sold in each state to enable the Adviser Trust to monitor such sales for blue sky purposes; provided that the AdviserTrust, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Q. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17. Reimburse X. Xxxxxxxxx the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
18. S. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. T. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(B) USBGFS shall provide the following additional transfer agent services to the Adviser with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (PFM Multi-Manager Series Trust)
Services and Duties of USBGFS. (A) USBGFS shall provide the following exemplary transfer agent and dividend disbursing agent services to the Adviser with respect to each Fund:. The services and duties of USBGFS as transfer agent and dividend disbursing agent described below shall only include those duties as are normally and customarily performed by transfer agents for a listed closed-end investment company.
1. A. Receive and process all orders for transactions the purchase and/or repurchase of shares in accordance with applicable rules under the 1940 Act and other applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”)registration statement.
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian custodian’s instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Pay proceeds upon receipt from the Fund’s 's custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. D. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectusprospectus.
5. E. Prepare and transmit payments, or apply reinvestments payments for income dividends and capital gains distributions declared by the Adviser Fund with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. F. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. G. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and withdrawal, automatic investment, dividend reinvestment).
8. H. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. I. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each the Fund which are authorized, issued and outstanding.
10. J. Prepare ad-hoc reports as necessary at prevailing rates.
11. K. Mail shareholder reports and Prospectuses prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration informationshareholders.
12. L. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. M. Provide shareholder account information upon shareholder shareholders or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. N. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. O. Provide the total number of shares of the Fund sold in each state to enable the Adviser Fund to monitor such sales for blue sky purposes; provided that the AdviserFund, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. P. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ ’s duties hereunder within required time periods established by applicable regulation.
17. Q. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B A hereto.
18. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. R. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
S. Perform its duties hereunder in compliance with all applicable laws and regulations and provide any sub certifications reasonably requested by the Fund in connection with any certification required of the Fund pursuant to the Sarbanes Oxley Act of 2002 (B“SOX Act”) or any rules or regulations promulgated by the U.S. Securities and Exchange Commission (“SEC”) thereunder, provided the same shall not be deemed to change USBGFS’ standard of care as set forth herein.
T. In order to assist the Fund in satisfying the requirements of Rule 38a-1 under the 1940 Act, USBGFS shall will provide the following additional transfer agent services Fund’s Chief Compliance Officer with reasonable access to USBGFS’ Fund records relating to the Adviser with respect to each Fund for Internet Accessservices provided by it under this Agreement, Vision Electronic Statement Service, Chat and INFORMATM If will provide quarterly compliance reports and related certifications regarding any Material Compliance Matter (as defined in the Fund so elects, 1940 Act) involving USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) affect or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by could affect the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Destiny Tech100 Inc.)
Services and Duties of USBGFS. (AI) USBGFS shall provide the following transfer agent and dividend disbursing agent services to the Adviser with respect to each Fund:
1. A. Receive and process all orders for transactions purchase, exchange, transfer, and/or redemption of Fund shares in accordance with Rule 22c-1 under the 1940 Act, other applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information registration statement, as amended (or similar disclosure documentsdocument) (the “ProspectusRegistration Statement”) filed with the Securities and Exchange Commission (“SEC”)) .
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. C. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Fund's custodian.
D. Pay proceeds upon receipt from the Fund’s 's custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. E. Process transfers of shares in accordance with the shareholder’s 's instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. F. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Fund with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. G. Serve as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. H. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. I. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. J. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “"Exchange Act”"), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. K. Prepare ad-hoc reports as necessary at prevailing rates.
11. L. Mail annual, semi-annual and quarterly shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. M. Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. N. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. O. Address and mail proxy materials for all meetings of partners and will tabulate the proxy cards for the such meetings of the Fund’s partners.
P. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations...
15. Q. Provide the total number of shares of the Fund sold in each state to enable the Adviser Fund to monitor such sales for blue sky purposes; provided that the AdviserFund, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. R. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder hereunder, and such other correspondence as may be mutually agreed upon between the parties, within required time periods established by applicable regulation.
17. S. Reimburse the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B A hereto.
18. T. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. U. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
(B) USBGFS shall provide V. Cooperate with the following additional transfer agent services Fund’s independent public accountants and take all reasonable action in the performance of its obligations under this Agreement to assure that the Adviser with respect necessary information is made available to each Fund such accountants for Internet Accessthe expression of their unqualified opinion in the Fund’s annual report, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and or such substitute report that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended effect from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 1 contract
Samples: Transfer Agent Servicing Agreement (Chestnut Street Exchange Fund)
Services and Duties of USBGFS. (AI) USBGFS shall provide all of the following customary services of a transfer agent and dividend disbursing agent services to the Adviser Corporation with respect to each Fund, including, but not limited to the following:
1. A. Receive and process all orders for transactions of shares in accordance with applicable regulations, and as specified in the Fund’s prospectus and Statement of additional information (or similar disclosure documents) (the “Prospectus”) filed with the Securities and Exchange Commission (“SEC”)) .
2. B. Process purchase and redemption orders with prompt delivery, where appropriate, of payment and supporting documentation to the shareholder based on the shareholder’s or the Fund’s custodian instructions, and record the appropriate number of shares being held in the appropriate shareholder account.
3. Pay C. Process redemption requests received in good order and, where relevant, deliver appropriate documentation to the Fund’s custodian.
X. Xxx proceeds upon receipt from the Fund’s custodian, where relevant, in accordance with the instructions of redeeming shareholders.
4. E. Process transfers of shares in accordance with the shareholder’s instructions, after receipt of appropriate documentation from the shareholder as specified in the Prospectus.
5. F. Prepare and transmit payments, or apply reinvestments for income dividends and capital gains distributions declared by the Adviser Corporation with respect to a Fund, after deducting any amount required to be withheld by any applicable laws, rules and regulations and in accordance with shareholder instructions.
6. Serve X. Xxxxx as the Fund’s agent in connection with systematic plans including, but not limited to, systematic investment plans, systematic withdrawal plans, and systematic exchange plans.
7. H. Make changes to shareholder records, including, but not limited to, address and plan changes in plans (e.g., systematic investment and withdrawal and dividend reinvestment).
8. I. Handle load and multi-class processing, including rights of accumulation and purchases by letters of intent in accordance with the Prospectus.
9. J. Record the issuance of shares of the Fund and maintain, pursuant to Rule 17Ad-10(e) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), a record of the total number of shares of each Fund which are authorized, issued and outstanding.
10. Prepare X. Xxxxxxx ad-hoc reports as necessary at prevailing rates.
11. L. Mail shareholder reports and Prospectuses to current shareholders for whom USBGFS has direct access and appropriate registration information.
12. Prepare X. Xxxxxxx and file U.S. Treasury Department Forms 1099 and other appropriate information returns required with respect to dividends and distributions for all shareholders.
13. N. Provide shareholder account information upon shareholder or Fund requests and prepare and mail confirmations and statements of account to shareholders for all purchases, redemptions and other confirmable transactions as agreed upon with the Fund.
14. O. Mail and/or obtain shareholders’ certifications under penalties of perjury and pay on a timely basis to the appropriate federal or state authorities any taxes to be withheld on dividends and distributions paid by the Fund, all as required by applicable federal and state tax laws and regulations.
15. P. Provide the total number of shares of the Fund sold in each state to enable the Adviser Corporation to monitor such sales for blue sky purposes; provided that the AdviserCorporation, not USBGFS, is responsible for ensuring that shares are not sold in violation of any requirement under the securities laws or regulations of any state.
16. Q. Answer correspondence from shareholders, securities brokers and others relating to USBGFS’ duties hereunder within required time periods established by applicable regulation.
17. Reimburse X. Xxxxxxxxx the Fund each month for all material losses resulting from “as of” processing errors for which USBGFS is responsible in accordance with the “as of” processing guidelines set forth on Exhibit B hereto.
18. S. Calculate average assets held in shareholder accounts for purposes of paying Rule 12b-1 and/or shareholder servicing fees as directed by a Fund.
19. T. Provide service and support to financial intermediaries including but not limited to trade placements, settlements and corrections.
U. Assist in monitoring shareholder transaction activity (Bwhether direct or indirectly through an intermediary account) for the purposes of identifying transaction activity that may be excessive to the Funds or their shareholders, including executing any instructions from the Corporation to restrict or prohibit further purchases or exchanges of a Fund’s shares by a shareholder that violates applicable law or Fund policy.
V. Maintain compliance policies and procedures reasonably designed to ensure compliance by UBSGFS with all applicable federal and state law and regulations applicable to the services to be provided hereunder.
W. Perform services in accordance with the agreed upon service level agreements.
(II) USBGFS shall provide the following additional transfer agent services to the Adviser Corporation with respect to each Fund for Internet Access, Vision Electronic Statement Service, Chat and INFORMATM If the Fund so elects, USBGFS shall provide the following services that are further described and that may be subject to additional terms and conditions specified in their respective exhibits, as such may be amended from time to time: Digital Investor, Vision Electronic Statement Service, Chat and INFORMATM (Exhibit C) or the services described on Exhibit D. The Fund hereby acknowledges that exhibits are an integral part of this Agreement and, to the extent services included in Exhibits C or D are selected by the Fund, such services shall also be subject to the terms and conditions of this Agreement. To the extent the terms and conditions of this Agreement conflict with the terms and conditions included in Exhibits C or D, the exhibit shall control. The provisions of Exhibits C or D, as applicable, shall continue in effect for as long as this Agreement remains in effect, unless sooner terminated.
Appears in 1 contract
