Common use of SERVICES AND OBLIGATIONS WITH RESPECT TO INTERESTS Clause in Contracts

SERVICES AND OBLIGATIONS WITH RESPECT TO INTERESTS. (a) All Interests held for the Customer which are issued or issuable only in registered form may be registered in the name of the Customer, the Custodian, a sub-custodian, or any duly appointed nominee of the Customer, the Custodian, or sub-custodian. (b) The Customer agrees to furnish to the Custodian appropriate instruments to enable the Custodian to hold or deliver in proper form for transfer, or to register in the name of its nominee or in the name of another appropriate entity, any Interests which it may hold for the Accounts and which may from time to time be in the name of the Customer. (c) Upon Written Instructions from the Customer the Custodian may purchase, redeem or transfer Interests and execute subscription agreements. (d) The Custodian shall have no duty to review the completeness or substance of documents related to any Interests and shall have no authority to act on such documents without Written Instructions, unless otherwise provided in this Agreement. (e) The Custodian is authorized to receive account statements, confirmations, notices and other correspondence and documents from the Underlying Funds regarding the Interests intended for the Customer. Further, Custodian shall create an electronic mailbox on its servers to which correspondence and documents from the Underlying Funds may be directed. Custodian shall be responsible for checking the contents of such mailbox daily. The Custodian agrees to promptly forward to the Customer any and all of such items received. (f) Without limiting the foregoing, the Customer agrees that with respect to each subscription for Interests in any Underlying Fund, a document substantially in the form of Exhibit 1 (as the Custodian may amend it from time to time) shall be attached to each subscription agreement by the Custodian or the Customer will provide to the general partner, manager, adviser, trustee or similar person or entity of the Underlying Fund) a form of such document.

SERVICES AND OBLIGATIONS WITH RESPECT TO INTERESTS. (a) All Interests held for the Customer which are issued or issuable only in registered form may be registered in the name of the Customer, the CustodianX.X. Xxxxxx, a sub-custodian, or any duly appointed nominee of the Customer, the CustodianX.X. Xxxxxx, or sub-custodian. (b) The Customer agrees to furnish to the Custodian X.X. Xxxxxx appropriate instruments to enable the Custodian X.X. Xxxxxx to hold or deliver in proper form for transfer, or to register in the name of its nominee or in the name of another appropriate entity, any Interests which it may hold for the Accounts and which may from time to time be in the name of the Customer. (c) Upon Written Instructions from the Customer the Custodian X.X. Xxxxxx may purchase, redeem or transfer Interests and execute subscription agreements. (d) The Custodian X.X. Xxxxxx shall have no duty to review the completeness or substance of documents related to any Interests and shall have no authority to act on such documents without Written Instructions, unless otherwise provided in this Agreement. (e) The Custodian X.X. Xxxxxx is authorized to receive account statements, confirmations, notices and other correspondence and documents from the Underlying Funds regarding the Interests intended for the Customer. Further, Custodian shall create an electronic mailbox on its servers to which correspondence and documents from the Underlying Funds may be directed. Custodian shall be responsible for checking the contents of such mailbox daily. The Custodian X.X. Xxxxxx agrees to promptly forward to the Customer any and all of such items received. (f) Without limiting the foregoing, the Customer agrees that and the Manager agree that: (i) with respect to each subscription for Interests in any Underlying Fund, a document substantially in the form of Exhibit 1 (as the Custodian X.X. Xxxxxx may amend it from time to time) shall be attached to each subscription agreement by the Custodian X.X. Xxxxxx or the Customer and the Manager will provide to the general partner, manager, adviser, trustee or similar person or entity of the Underlying Fund) Fund a form of such document; and (ii) the accuracy and completeness of all information provided in a subscription agreement, investor questionnaire or similar document for an Underlying Fund is the sole responsibility of the Customer and the Manager, and not X.X. Xxxxxx or its affiliates, regardless of whether X.X. Xxxxxx or its affiliates assist in the completion of the subscription agreement, investor questionnaire or similar document.

SERVICES AND OBLIGATIONS WITH RESPECT TO INTERESTS. (a) All Interests held for the Customer which are issued or issuable only in registered form may be registered in the name of the Customer, the CustodianBank, a sub-custodian, or any duly appointed nominee of the Customer, the CustodianBank, or sub-custodian. (b) The Customer agrees to furnish to the Custodian Bank appropriate instruments to enable the Custodian Bank to hold or deliver in proper form for transfer, or to register in the name of its nominee or in the name of another appropriate entity, any Interests which it may hold for the Accounts and which may from time to time be in the name of the Customer. (c) Upon Written Instructions from the Customer the Custodian Bank may purchase, redeem or transfer Interests and execute subscription agreements. (d) The Custodian Bank shall have no duty to review the completeness or substance of documents related to any Interests and shall have no authority to act on such documents without Written Instructions, unless otherwise provided in this Agreement. (e) The Custodian Bank is authorized to receive account statements, confirmations, notices and other correspondence and documents from the Underlying Funds regarding the Interests intended for the Customer. Further, Custodian shall create an electronic mailbox on its servers to which correspondence and documents from the Underlying Funds may be directed. Custodian shall be responsible for checking the contents of such mailbox daily. The Custodian Bank agrees to promptly forward to the Customer any and all of such items received. (f) Without limiting the foregoing, the Customer agrees that and the Manager agree that: (i) with respect to each subscription for Interests in any Underlying Fund, a document substantially in the form of Exhibit 1 (as the Custodian Bank may amend it from time to time) shall be attached to each subscription agreement by the Custodian Bank or the Customer and the Manager will provide to the general partner, manager, adviser, trustee or similar person or entity of the Underlying Fund) a form of such document.; and (ii) the accuracy and completeness of all information provided in a subscription agreement, investor questionnaire or similar document for an Underlying Fund is the sole responsibility of the Customer and the Manager, and not the Bank or its affiliates, regardless of whether the Bank or its affiliates assist in the completion of the subscription agreement, investor questionnaire or similar document. A-2

SERVICES AND OBLIGATIONS WITH RESPECT TO INTERESTS. (a) All Interests held for the Customer which are issued or issuable only in registered form may be registered in the name of the Customer, the CustodianBank, a sub-custodian, or any duly appointed nominee of the Customer, the CustodianBank, or sub-custodian. (b) The Customer agrees to furnish to the Custodian Bank appropriate instruments to enable the Custodian Bank to hold or deliver in proper form for transfer, or to register in the name of its nominee or in the name of another appropriate entity, any Interests which it may hold for the Accounts and which may from time to time be in the name of the Customer. (c) Upon Written Instructions from the Customer the Custodian Bank may purchase, redeem or transfer Interests and execute subscription agreements. (d) The Custodian Bank shall have no duty to review the completeness or substance of documents related to any Interests and shall have no authority to act on such documents without Written Instructions, unless otherwise provided in this Agreement. (e) The Custodian Bank is authorized to receive account statements, confirmations, notices and other correspondence and documents from the Underlying Funds regarding the Interests intended for the Customer. Further, Custodian shall create an electronic mailbox on its servers to which correspondence and documents from the Underlying Funds may be directed. Custodian shall be responsible for checking the contents of such mailbox daily. The Custodian Bank agrees to promptly forward to the Customer any and all of such items received. (f) Without limiting the foregoing, the Customer agrees that and the Manager agree that: (i) with respect to each subscription for Interests in any Underlying Fund, a document substantially in the form of Exhibit 1 (as the Custodian Bank may amend it from time to time) shall be attached to each subscription agreement by the Custodian Bank or the Customer and the Manager will provide to the general partner, manager, adviser, trustee or similar person or entity of the Underlying Fund) a form of such document; and (ii) the accuracy and completeness of all information provided in a subscription agreement, investor questionnaire or similar document for an Underlying Fund is the sole responsibility of the Customer and the Manager, and not the Bank or its affiliates, regardless of whether the Bank or its affiliates assist in the completion of the subscription agreement, investor questionnaire or similar document.