Common use of Shareholder Servicing Activities Clause in Contracts

Shareholder Servicing Activities. As servicing agent for the Shares of each Portfolio, and in consideration of the compensation payable pursuant to Article 4 hereof, the Distributor shall provide personal, continuing services to investors in the Shares of each Portfolio, including but not limited to providing ongoing servicing and/or maintenance of shareholder accounts with respect to the Shares of the Portfolios, responding to inquiries of the holders of Shares regarding their ownership of Shares or their accounts with the Fund, and providing administrative or accounting services with respect to the Shares of the Portfolios not otherwise provided by other agents of the Fund. Notwithstanding the foregoing, if the National Association of Securities Dealers, Inc. ("NASD") adopts a definition of "service fee" for purposes of Section 26(d) of the NASD Rules of Fair Practice that differs from the definition of shareholder servicing activities in this paragraph, or if the NASD adopts a related definition intended to define the same concept, the definition of shareholder servicing activities in this paragraph shall be automatically amended, without further action of the parties, to conform to such NASD definition.

Appears in 8 contracts

Samples: Distribution Agreement (First American Funds Inc), Distribution Agreement (First American Investment Funds Inc), Distribution Agreement (First American Funds Inc)

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Shareholder Servicing Activities. As servicing agent for the Shares of each Portfolio, and in consideration of the compensation payable pursuant to Article 4 hereof, the Distributor shall provide personal, continuing services to investors in the Shares of each Portfolio, including but not limited to providing ongoing servicing and/or maintenance of shareholder accounts with respect to the Shares of the Portfolios, responding to inquiries of the holders of Shares regarding their ownership of Shares or their accounts with the Fund, and providing administrative or accounting services with respect to the Shares of the Portfolios not otherwise provided by other agents of the Fund. Notwithstanding the foregoing, if the National Association of Securities Dealers, Inc. ("NASD") adopts a definition of "service fee" for purposes of Section 26(d) 2830 of the Conduct Rules of the NASD Rules of Fair Practice that differs from the definition of shareholder servicing activities in this paragraph, or if the NASD adopts a related definition intended to define the same concept, the definition of shareholder servicing activities in this paragraph shall be automatically amended, without further action of the parties, to conform to such NASD definition.

Appears in 7 contracts

Samples: Distribution Agreement (First American Strategy Funds Inc), Distribution Agreement (First American Investment Funds Inc), Distribution Agreement (First American Investment Funds Inc)

Shareholder Servicing Activities. As servicing agent for the Shares of each Portfolio, and in consideration of the compensation payable pursuant to Article 4 hereof, the Distributor shall provide personal, continuing services to investors in the Shares of each Portfolio, including but not limited to providing ongoing servicing and/or maintenance of shareholder accounts with respect to the Shares of the Portfolios, responding to inquiries of the holders of Shares regarding their ownership of Shares or their accounts with the FundTrust, and providing administrative or accounting services with respect to the Shares of the Portfolios not otherwise provided by other agents of the FundTrust. Notwithstanding the foregoing, if the National Association of Securities Dealers, Inc. ("NASD") adopts a definition of "service fee" for purposes of Section 26(d2830(d) of the NASD Conduct Rules of Fair Practice that differs from the definition of shareholder servicing activities in this paragraph, or if the NASD adopts a related definition intended to define the same concept, the definition of shareholder servicing activities in this paragraph shall be automatically amended, without further action of the parties, to conform to such NASD definition.

Appears in 2 contracts

Samples: Distribution Agreement (Pillar Funds), Distribution Agreement (Pillar Funds)

Shareholder Servicing Activities. As servicing agent for the Shares of each Portfolio, and in consideration of the compensation payable pursuant to Article 4 hereof, the Distributor shall provide personal, continuing services to investors in the Shares of each Portfolio, including but not limited to providing ongoing servicing and/or maintenance of shareholder accounts with respect to the Shares of the Portfolios, responding to inquiries of the holders of Shares regarding their ownership of Shares or their accounts with the FundTrust, and providing administrative or accounting services with respect to the Shares of the Portfolios not otherwise provided by other agents of the FundTrust. Notwithstanding the foregoing, if the National Association of Securities Dealers, Inc. ("NASD") adopts a definition of "service fee" for purposes of Section 26(d) of the NASD Rules of Fair Practice that differs from the definition of shareholder servicing activities in this paragraph, or if the NASD adopts a related definition intended to define the same concept, the definition of shareholder servicing activities in this paragraph shall be automatically amended, without further action of the parties, to conform to such NASD definition.

Appears in 1 contract

Samples: Distribution Agreement (Highmark Funds /Ma/)

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Shareholder Servicing Activities. As servicing agent for the Shares of each Portfolio, and in consideration of the compensation payable pursuant to Article 4 hereof, the Distributor shall provide personal, continuing services to investors in the Shares of each Portfolio, including but not limited to providing ongoing servicing and/or maintenance of shareholder accounts with respect to the Shares of the Portfolios, responding to inquiries of the holders of Shares regarding their ownership of Shares or their accounts with the FundTrust, and providing administrative or accounting services with respect to the Shares of the Portfolios not otherwise provided by other agents of the FundTrust. Notwithstanding the foregoing, if the National Association of Securities Dealers, Inc. ("NASD") adopts a definition of "service fee" for purposes of Section 26(d) Rule 2830 of the NASD Rules of Fair Practice Conduct that differs from the definition of shareholder servicing activities in this paragraph, or if the NASD adopts a related definition intended to define the same concept, the definition of shareholder servicing activities in this paragraph shall be automatically amended, without further action of the parties, to conform to such NASD definition.

Appears in 1 contract

Samples: Distribution Agreement (Achievement Funds Trust)

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