Common use of Services Rendered Clause in Contracts

Services Rendered. Services rendered by the Administrator will include, without limitation, the following: (i) with respect to Class PS shares, arranging and paying for the provision of sub-transfer agency, recordkeeping, and related administrative services to retirement plan participants and other investors who hold Class PS shares through an omnibus account; and (ii) in addition to the class-specific services described in Section 1(b)(i) above, with respect to all classes of shares, (1) processing aggregated purchase and redemption orders for shareholders of record, (2) coordinating operation of the National Security Clearing Corporation’s Fund/SERV system with intermediary platforms, (3) providing information about and processing dividend payments, (4) assisting with the production and distribution of shareholder communications to shareholders of record such as proxies, shareholder reports, dividend and tax notices, (5) preparing tax returns and related documentation, (6) assisting with the production of registration statements, (7) providing assistance with respect to the audits of the Funds, (8) establishing and maintaining certain information about the Shares on the Administrator’s internet site, (9) maintaining of all the Trust’s records as required by the 1940 Act, except for those records to be maintained by the investment adviser under the Investment Management Agreement or by another party under any other agreement with the Trust, (10) preparing and submitting reports to various regulatory agencies, (11) preparing and submitting reports and meeting materials to the Trustees of the Trust and to existing shareholders, including without limitation, annual and semi-annual shareholder reports and quarterly portfolio holdings disclosure reports, (12) supervising, negotiating, and administering contractual arrangements with (to the extent appropriate) and monitoring the performance of, third party accounting agents, custodians, depositories, transfer agents (but not sub-transfer agents, recordkeepers and related administrative service providers described in Section 1(b)(i) above), pricing agents, independent accountants and auditors, attorneys, printers, insurers and other persons in any capacity deemed to be necessary or desirable to Trust or Fund operations, (13) providing direct client service, maintenance and reporting to platform sponsors, retirement plans, and other shareholders of record, such services to include, without limitation, professional and informative reporting, recordholder account information, access to analysis and explanation of Fund reports, and assistance in the correction and maintenance of recordholder account information, and otherwise maintaining the relationship with the recordholders, (14) furnishing office space and equipment, providing bookkeeping and clerical services (excluding determination of net asset value, shareholder services, and fund accounting services for the Fund being supplied by other service providers as the Fund may engage from time to time), and (15) providing individuals affiliated with the Administrator to serve as officers of the Trust and paying all salaries, fees and expenses of such officers and Trustees of the Trust who are affiliated with the Administrator. The Administrator may provide these services directly or may contract with third party service providers (“Third Party Servicers”) to provide any or all of the services listed in this Section 1; provided that the Trust acknowledges and agrees that (1) the services described in Section 1(b)(i) will be performed by Third Party Servicers selected by the adviser to, or sponsor of, retirement plan or other omnibus account investors; (2) the Administrator has no responsibility to monitor the performance of such Third Party Servicers or the nature or quality of the services such Third Party Servicers provide, and (3) except with regard to payment, the Trust shall have no recourse against the Administrator with respect to the services Third Party Servicers provide pursuant to Section 1(b)(i).

Services Rendered. Services rendered by the Administrator will include, without limitation, the following: (i) with respect to Class PS shares, arranging and paying for the provision of sub-transfer agency, recordkeeping, and related administrative services to retirement plan participants and other investors who hold Class PS shares through an omnibus account; and (ii) in addition to the class-specific services described in Section 1(b)(i) above, with respect to all classes of shares, (1) processing aggregated purchase and redemption orders for shareholders of record, (2ii) coordinating operation of the National Security Clearing Corporation’s Fund/SERV system with intermediary platforms, (3iii) providing information about and processing dividend payments, (4iv) assisting with the production and distribution of shareholder communications to shareholders of record such as proxies, shareholder reports, dividend and tax notices, (5v) preparing tax returns and related documentation, (6vi) assisting with the production of registration statements, (7vii) providing assistance with respect to the audits of the Funds, (8) viii) establishing and maintaining certain information about the Shares on the Administrator’s internet site, (9ix) maintaining of all the Trust’s records as required by the 1940 Act, except for those records to be maintained by the investment adviser under the Investment Management Agreement or by another party under any other agreement with the Trust, (10x) preparing and submitting reports to various regulatory agencies, (11xi) preparing and submitting reports and meeting materials to the Trustees of the Trust and to existing shareholders, including without limitation, annual and semi-annual shareholder reports and quarterly portfolio holdings disclosure reports, (12xii) supervising, negotiating, and administering contractual arrangements with (to the extent appropriate) and monitoring the performance of, third party accounting agents, custodians, depositories, transfer agents (but not sub-transfer agents, recordkeepers and related administrative service providers described in Section 1(b)(i) above), pricing agents, independent accountants and auditors, attorneys, printers, insurers and Exhibit (h)(2) other persons in any capacity deemed to be necessary or desirable to Trust or Fund operations, (13xiii) providing direct client service, maintenance and reporting to platform sponsors, retirement plans, and other shareholders of record, such services to include, without limitation, professional and informative reporting, recordholder account information, access to analysis and explanation of Fund reports, and assistance in the correction and maintenance of recordholder account information, and otherwise maintaining the relationship with the recordholders, (14xiv) furnishing office space and equipment, providing bookkeeping and clerical services (excluding determination of net asset value, shareholder services, and fund accounting services for the Fund being supplied by other service providers as the Fund may engage from time to time), and (15xv) providing individuals affiliated with the Administrator to serve as officers of the Trust and paying all salaries, fees and expenses of such officers and Trustees of the Trust who are affiliated with the Administrator. The Administrator may provide these services directly or may contract with third party service providers (“Third Party Servicers”) to provide any or all of the services listed in this Section 1; provided that the Trust acknowledges and agrees that (1) the services described in Section 1(b)(i) will be performed by Third Party Servicers selected by the adviser to, or sponsor of, retirement plan or other omnibus account investors; (2) the Administrator has no responsibility to monitor the performance of such Third Party Servicers or the nature or quality of the services such Third Party Servicers provide, and (3) except with regard to payment, the Trust shall have no recourse against the Administrator with respect to the services Third Party Servicers provide pursuant to Section 1(b)(i)these services.

Services Rendered. Services rendered by the Administrator will include, without limitation, the following: (i) with respect to Class PS shares, arranging and paying for the provision of sub-transfer agency, recordkeeping, and related administrative services to retirement plan participants and other investors who hold Class PS shares through an omnibus account; and (ii) in addition to the class-specific services described in Section 1(b)(i) above, with respect to all classes of shares, (1) processing aggregated purchase and redemption orders for shareholders of record, (2) coordinating operation of the National Security Clearing Corporation’s Fund/SERV system with intermediary platforms, (3) providing information about and processing dividend payments, (4) assisting with the production and distribution of shareholder communications to shareholders of record such as proxies, shareholder reports, dividend and tax notices, (5) preparing tax returns and related documentation, (6) assisting with the production of registration statements, (7) providing assistance with respect to the audits of the Funds, (8) establishing and maintaining certain information about the Shares on the Administrator’s internet site, (9) maintaining of all the Trust’s records as required by the 1940 Act, except for those records to be maintained by the investment adviser under the Investment Management Agreement or by another party under any other agreement with the Trust, (10) preparing and submitting reports to various regulatory agencies, (11) preparing and submitting reports and meeting materials to the Trustees of the Trust and to existing shareholders, including without limitation, annual and semi-semi- annual shareholder reports and quarterly portfolio holdings disclosure reports, (12) supervising, negotiating, and administering contractual arrangements with (to the extent appropriate) and monitoring the performance of, third party accounting agents, custodians, depositories, transfer agents (but not sub-transfer agents, recordkeepers and related administrative service providers described in Section 1(b)(i) above), pricing agents, independent accountants and auditors, attorneys, printers, insurers and other persons in any capacity deemed to be necessary or desirable to Trust or Fund operations, (13) providing direct client service, maintenance and reporting to platform sponsors, retirement plans, and other shareholders of record, such services to include, without limitation, professional and informative reporting, recordholder account information, access to analysis and explanation of Fund reports, and assistance in the correction and maintenance of recordholder account information, and otherwise maintaining the relationship with the recordholders, (14) furnishing office space and equipment, providing bookkeeping and clerical services (excluding determination of net asset value, shareholder services, and fund accounting services for the Fund being supplied by other service providers as the Fund may engage from time to time), and (15) providing individuals affiliated with the Administrator to serve as officers of the Trust and paying all salaries, fees and expenses of such officers and Trustees of the Trust who are affiliated with the Administrator. The Administrator may provide these services directly or may contract with third party service providers (“Third Party Servicers”) to provide any or all of the services listed in this Section 1; provided that the Trust acknowledges and agrees that (1) the services described in Section 1(b)(i) will be performed by Third Party Servicers selected by the adviser to, or sponsor of, retirement plan or other omnibus account investors; (2) the Administrator has no responsibility to monitor the performance of such Third Party Servicers or the nature or quality of the services such Third Party Servicers provide, and (3) except with regard to payment, the Trust shall have no recourse against the Administrator with respect to the services Third Party Servicers provide pursuant to Section 1(b)(i).