Common use of Services to be Performed Clause in Contracts

Services to be Performed. A. FSC shall be responsible for performing as agent, as of the date of this Contract, the pricing and bookkeeping services described as follows: (1) Maintain and preserve all accounts, books, financial records and other financial documents as are required of the Fund including maintenance of the general ledger, transfer agent cash and share reconciliations, recording and verification of daily income, expense accruals and capital gains and losses with respect to the Fund. (2) Accounting relating to the Fund and transactions of the Fund for securities and investments including but not limited to common stock, corporate bonds, municipal bonds, futures, options, swaps and other derivatives, securities lending and repurchase agreements. Provide trade settlement support, including failed trade resolution, mortgage block allocation, and cash and security reconciliation. (3) Receive for acceptance orders, including in-kind purchase orders effected by transfers of securities and other assets as determined by the Adviser, for the purchase of Fund shares and promptly deliver payments received by it and appropriate documentation therefor to the Fund's custodian. (4) Calculation of the valuation of assets transferred by each shareholder in connection with issuance of shares of the Fund in accordance with the then-current FMR Procedures Governing Rule 17a-7 Transactions and Central Investment Portfolios Procedures for Purchase-in-Kind by Fidelity Funds (if applicable). (5) Assist in the preparation of registration statements, financial statements, proxy statements and other statements or filings as may reasonably be requested. (6) Monitor cash positions, research variances, and provide projected cash balances. Monitor and process income and reconcile with custodian. (7) Monitor collateral in connection with securities lending and repurchase agreements. (8) Monitor compliance with advisor-imposed securities lending limitations. (9) Monitor and issue recalls of securities loans. (10) Maintenance of security reference data used by Fund Accounting. (11) Daily pricing of the Fund’s investments, including collecting quotations from pricing services; collecting and verification of foreign security prices; researching discrepancies, and using fair value pricing when required by the Fund’s policies. (12) The determination of net asset value per share of the outstanding shares of the Fund and the offering price, if any, at which shares are to be sold, at the times and in the manner described in the declaration of trust or other organizational document, as amended, and the Prospectus of the Fund. (13) Calculate the yield, expense ratio, turnover rate, and other such financial and portfolio information as may be requested by the Fund. Determine portfolio distributions, if any, and the tax characterization of such distributions. (14) The timely communication of information determined in 12 and 13 above, to the person or persons designated by the Trust. (15) Maintenance of security reference data used by the group(s) responsible for fund accounting. (16) In conjunction with the Fund's custodian, receiving information and keeping records about all domestic and foreign corporate actions, including, but not limited to, cash and stock distributions or dividends, stock splits and reverse stock splits, taken by companies whose securities are held by the Fund and transactions involving foreign currencies.

Services to be Performed. A. FSC shall be responsible for performing as agent, as of the date of this Contract, the pricing and bookkeeping services described as follows: (1) Maintain and preserve all accounts, books, financial records and other financial documents as are required of the Fund including maintenance of the general ledger, transfer agent cash and share reconciliations, recording and verification of daily income, expense accruals and capital gains and losses with respect to the Fund. (2) Accounting relating to the Fund and transactions of the Fund for securities and investments including but not limited to common stock, corporate bonds, municipal bonds, futures, options, swaps and other derivatives, securities lending and repurchase agreements. Provide trade settlement support, including failed trade resolution, mortgage block allocation, and cash and security reconciliation. (3) Receive for acceptance orders, including in-kind purchase orders effected by transfers of securities and other assets as determined by the Adviser, for the purchase of Fund shares and promptly deliver payments received by it and appropriate documentation therefor to the Fund's custodian. (4) Calculation of the valuation of assets transferred by each shareholder in connection with issuance of shares of the Fund in accordance with the then-current FMR Procedures Governing Rule 17a-7 Transactions and Central Investment Portfolios Procedures for Purchase-in-Kind by Fidelity Funds (if applicable). (5) Assist in the preparation of registration statements, financial statements, proxy statements and other statements or filings as may reasonably be requested. (6) Monitor cash positions, research variances, and provide projected cash balances. Monitor and process income and reconcile with custodian. (7) Monitor collateral in connection with securities lending and repurchase agreements. (8) Monitor compliance with advisor-imposed securities lending limitations. (9) Monitor and issue recalls of securities loans. (10) Maintenance of security reference data used by Fund Accounting. (11) Daily pricing of the Fund’s investments, including collecting quotations from pricing services; collecting and verification of foreign security prices; researching discrepancies, and using fair value pricing when required by the Fund’s policies. (12) The determination of net asset value per share of the outstanding shares of the Fund and the offering price, if any, at which shares are to be sold, at the times and in the manner described in the declaration of trust instrument or other organizational document, as amended, and the Prospectus of the Fund. (13) Calculate the yield, expense ratio, turnover rate, and other such financial and portfolio information as may be requested by the Fund. Determine portfolio distributions, if any, and the tax characterization of such distributions. (14) The timely communication of information determined in 12 and 13 above, to the person or persons designated by the Trust. (15) Maintenance of security reference data used by the group(s) responsible for fund accounting. (16) In conjunction with the Fund's custodian, receiving information and keeping records about all domestic and foreign corporate actions, including, but not limited to, cash and stock distributions or dividends, stock splits and reverse stock splits, taken by companies whose securities are held by the Fund and transactions involving foreign currencies.