Common use of Shareholder Reports and Other Documents; Solicitation of Proxies Clause in Contracts

Shareholder Reports and Other Documents; Solicitation of Proxies. The Trust Entity shall timely deliver to each Client-shareholder all reports and other documents provided to it by the Funds or the Fund Agent as is required by applicable securities law and the Trust Entity Agreement with the Client-shareholder, provided that the Trust Entity has timely received copies of such reports and/or documents. The Fund Company or the Fund Agent, and the Trust Entity shall cooperate with each other in the solicitation and voting of proxies on behalf of the Funds. The Trust Entity will forward or cause to be forwarded to each Client-shareholder the Funds’ current effective statutory prospectus (the “Statutory Prospectus”), currently effective SAI, periodic financial reports, proxy materials and other Fund communications as required to be delivered to, or received by, Client-shareholders under all applicable laws, rules and regulations (“Applicable Law”) or as reasonably requested by the Fund Agent or a Fund. However, Trust Entity may provide a current effective summary prospectus (the “Summary Prospectus”) in lieu of a Statutory Prospectus as permitted under Applicable Law, unless instructed otherwise by the Fund Agent or a Fund. Trust Entity shall respond to requests for a Summary Prospectus, Statutory Prospectus, SAI, currently effective annual report or currently effective semi-annual report made by a Client-shareholder directly to Trust Entity with the documents that the Fund Agent or a Fund has provided to it hereunder, including any applicable supplements, as required under Applicable Law. Unless instructed by the Fund Agent or a Fund to the contrary, Trust Entity may consolidate or utilize “household” mailing for the delivery of the above-described materials where permissible under, and in accordance with, Applicable Law, and, unless instructed by Fund Agent or a Fund to the contrary, the delivery of the materials may be accomplished via electronic means, so long as the methodologies utilized by Trust Entity comply with Applicable Law relating to the delivery and receipt of such materials, including, but not limited to, that Trust Entity received informed consent from all applicable shareholders permitting the method and manner of such use, and Trust Entity maintains, and agrees to provide to Fund Agent or a Fund upon request, records of each such delivery.

Shareholder Reports and Other Documents; Solicitation of Proxies. The Trust Entity shall timely deliver to each Client-shareholder all reports and other documents provided to it by the Funds or the Fund Agent as is required by applicable securities law and the Trust Entity Agreement with the Client-shareholder, provided that the Trust Entity has timely received copies of such reports and/or documents. The Fund Company or the Fund Agent, and the Trust Entity shall cooperate with each other in the solicitation and voting of proxies on behalf of the Funds. The Trust Entity will forward or cause to be forwarded to each Client-shareholder the Funds’ current effective statutory prospectus (the “Statutory Prospectus”), currently effective SAI, periodic financial reports, proxy materials and other Fund communications as required to be delivered to, or received by, Client-shareholders under all applicable laws, rules and regulations (“Applicable Law”) Law or as reasonably requested by the Fund Agent or a Fund. However, Trust Entity may provide a current effective summary prospectus (the “Summary Prospectus”) in lieu of a Statutory Prospectus as permitted under Applicable Law, unless instructed otherwise by the Fund Agent or a Fund. Trust Entity shall respond to requests for a Summary Prospectus, Statutory Prospectus, SAI, currently effective annual report or currently effective semi-annual report made by a Client-shareholder directly to Trust Entity with the documents that the Fund Agent or a Fund has provided to it hereunder, including any applicable supplements, as required under Applicable Law. Unless instructed by the Fund Agent or a Fund to the contrary, Trust Entity may consolidate or utilize “household” mailing for the delivery of the above-described materials where permissible under, and in accordance with, Applicable Law, and, unless instructed by Fund Agent or a Fund to the contrary, the delivery of the materials may be accomplished via electronic means, so long as the methodologies utilized by Trust Entity comply with Applicable Law relating to the delivery and receipt of such materials, including, but not limited to, that Trust Entity received informed consent from all applicable shareholders permitting the method and manner of such use, and Trust Entity maintains, and agrees to provide to Fund Agent or a Fund upon request, records of each such delivery.