Common use of Services as Fund Accountant Clause in Contracts

Services as Fund Accountant. Section 1(b)(i) and (ii) of the Agreement is hereby deleted in its entirety and replaced with the following: (a) BISYS will calculate the net asset value per share ("NAV") of each class of shares offered by each Fund in accordance with the relevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (b) In each calculation of NAV, BISYS will apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Trusts ("Valuation Procedures"), including (A) using pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable to a particular Fund or Funds (the "Fair Valued Securities"), fair value pricing information or adjustment factors from independent fair value pricing services or other vendors approved by the Trusts (collectively, "Fair Value Information Vendors") with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of the relevant market but prior to the Fund's pricing time, or which are otherwise required to be made subject to a fair value determination, as set forth under the Valuation Procedures. (c) BISYS will prepare quarterly reports summarizing the impact of fair value pricing on the NAV of each of the Fair Valued Securities as compared to its NAV using local closed prices and as compared to its NAV using next-day open prices, which reports help the Trusts to monitor and evaluate their use of fair value pricing information under their Valuation Procedures.

Services as Fund Accountant. Section 1(b)(i) and (ii) of the Agreement is hereby deleted in its entirety and replaced with the following: (a) BISYS will calculate the net asset value per share ("NAV") of each class of shares offered by each Fund in accordance with the relevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (b) In each calculation of NAV, BISYS will apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Trusts Trust ("Valuation Procedures"), including (A) using pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable to a particular Fund or Funds (the "Fair Valued Securities"), fair value pricing information or adjustment factors from independent fair value pricing services or other vendors approved by the Trusts Trust (collectively, "Fair Value Information Vendors") with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of the relevant market but prior to the Fund's pricing time, or which are otherwise required to be made subject to a fair value determination, as set forth under the Valuation Procedures. (c) BISYS will prepare quarterly reports summarizing the impact of fair value pricing on the NAV of each of the Fair Valued Securities as compared to its NAV using local closed prices and as compared to its NAV using next-day open prices, which reports help the Trusts Trust to monitor and evaluate their use of fair value pricing information under their Valuation Procedures.

Services as Fund Accountant. Section 1(b)(i1 (b)(i) and (ii) of the Agreement is hereby deleted in its entirety and replaced with the following: (a) BISYS will calculate the net asset value per share ("NAV") of each class of shares offered by each Fund in accordance with the relevant provisions of the applicable Prospectus of each Fund and applicable regulations under the 1940 Act; (b) In each calculation of NAV, BISYS will apply securities pricing information as required or authorized under the terms of the valuation policies and procedures of the Trusts ("Valuation Procedures"), including (A) using pricing information from independent pricing services, with respect to securities for which market quotations are readily available, and (B) if applicable with respect to a particular Fund or those Funds (the "Fair Valued Securities")set forth on Schedule A hereto, fair value pricing information or adjustment factors from independent fair value pricing services or other vendors approved by the Trusts and set forth on Schedule A (collectively, "Fair Value Information Vendors") with respect to securities for which market quotations are not readily available, for which a significant event has occurred following the close of the relevant market but prior to the Fund's pricing time, or which are otherwise required to be made subject to a fair value determination, as set forth under the Valuation Procedures. (c) BISYS will prepare quarterly coordinate the preparation of reports summarizing the impact of fair value pricing on the NAV of each of the that are prepared or provided by Fair Valued Securities as compared to its NAV using local closed prices and as compared to its NAV using next-day open prices, Value Information Vendors which reports help the Trusts to monitor and evaluate their use of fair value pricing information under their Valuation Procedures. (d) Consistent with the terms of the Agreement, in connection with the services provided in (a) through (c) above, BISYS will keep and maintain the books and records that are required to be kept and maintained under Rule 31a-1 or other applicable regulations under the 1940 Act, including those pertaining to (i) fair value prices and/or adjustment factors provided by Fair Value Information Vendors, and (ii) market prices for securities that are valued using fair value information provided by Fair Value Information Vendors."