Common use of Status as an NASD Member Clause in Contracts

Status as an NASD Member. To the extent that the Intermediary is a broker-dealer or is otherwise subject to the Conduct Rules of the NASD, the Intermediary shall inform Dreyfus promptly of any pending or threatened action or proceeding by the NASD bearing on the Intermediary’s membership with the NASD and of any suspension or termination of such membership. The Intermediary further agrees to maintain all records required by applicable laws or that are otherwise reasonably requested by Dreyfus in the event the Intermediary's status as a member of the NASD or the Securities Investor Protection Corporation changes. The Intermediary recognizes that it will be treated as a “non-member of the Association,” as defined by Rule 2420 of the NASD Conduct Rules, during the period of any suspension of the Intermediary's membership in the NASD. Accordingly, no payments required by NASD regulations to be paid solely to a registered broker or dealer shall be paid by Dreyfus while the Intermediary is suspended from the NASD. Further, any termination of the Intermediary’s NASD membership will automatically terminate the Agreement without notice. In the event that the Agreement is terminated as a result of the Intermediary ceasing to be a member of the NASD, or for any other reason as permitted by the Agreement, the Intermediary agrees to work cooperatively with Dreyfus to effect an orderly transition of customer assets if customer Shares are redeemed or registrations transferred.

Status as an NASD Member. To the extent that the Intermediary is a broker-dealer or is otherwise subject to the Conduct Rules of the NASD, the Intermediary shall inform Dreyfus promptly of any pending or threatened action or proceeding by the NASD bearing on the Intermediary’s membership with the NASD and of any suspension or termination of such membership. The Intermediary further agrees to maintain all records required by applicable laws or that are otherwise reasonably requested by Dreyfus in the event the Intermediary's ’s status as a member of the NASD or the Securities Investor Protection Corporation changes. The Intermediary recognizes that it will be treated as a “non-member of the Association,” as defined by Rule 2420 of the NASD Conduct Rules, during the period of any suspension of the Intermediary's ’s membership in the NASD. Accordingly, no payments required by NASD regulations to be paid solely to a registered broker or dealer shall be paid by Dreyfus while the Intermediary is suspended from the NASD. Further, any termination of the Intermediary’s NASD membership will automatically terminate the Agreement without notice. In the event that the Agreement is terminated as a result of the Intermediary ceasing to be a member of the NASD, or for any other reason as permitted by the Agreement, the Intermediary agrees to work cooperatively with Dreyfus to effect an orderly transition of customer assets if customer Shares are redeemed or registrations transferred.

Status as an NASD Member. To the extent that the Intermediary is a broker-dealer or is otherwise subject to the Conduct Rules of the NASD, the Intermediary shall inform Dreyfus promptly of any pending or threatened action or proceeding by the NASD bearing on the Intermediary’s membership with the NASD and of any suspension or termination of such membership. The Intermediary further agrees to maintain all records required by applicable laws or that are otherwise reasonably requested by Dreyfus in the event the Intermediary's ’s status as a member of the NASD or the Securities Investor Protection Corporation changes. The Intermediary recognizes that it will be treated as a “non-member of the Association,” as defined by Rule 2420 of the NASD Conduct Rules, during the period of any suspension of the Intermediary's ’s membership in the NASD. Accordingly, no payments required by NASD regulations to be paid solely to a registered broker or dealer shall be paid by Dreyfus while the Intermediary is suspended from the NASD. Further, any termination of the Intermediary’s NASD membership will automatically terminate the Agreement without notice. In the event that the Agreement is terminated as a result of the Intermediary ceasing to be a member of the NASD, or for any other reason as permitted by the Agreement, the Intermediary agrees to work cooperatively with Dreyfus to effect an orderly Orderly transition of customer assets if customer Shares are redeemed or registrations transferred.

Status as an NASD Member. To the extent that the Intermediary is a broker-dealer or is otherwise subject to the Conduct Rules of the NASD, the Intermediary shall inform Dreyfus promptly of any pending or threatened action or proceeding by the NASD bearing on the Intermediary’s 's membership with the NASD and of any suspension or termination of such membership. The Intermediary further agrees to maintain all records required by applicable laws or that are otherwise reasonably requested by Dreyfus in the event the Intermediary's status as a member of the NASD or the Securities Investor Protection Corporation changes. The Intermediary recognizes that it will be treated as a “"non-member of the Association,” " as defined by Rule 2420 of the NASD Conduct Rules, during the period of any suspension of the Intermediary's membership in the NASD. Accordingly, no payments required by NASD regulations to be paid solely to a registered broker or dealer shall be paid by Dreyfus while the Intermediary is suspended from the NASD. Further, any termination of the Intermediary’s 's NASD membership will automatically terminate the Agreement without notice. In the event that the Agreement is terminated as a result of the Intermediary ceasing to be a member of the NASD, or for any other reason as permitted by the Agreement, the Intermediary agrees to work cooperatively with Dreyfus to effect an orderly transition of customer assets if customer Shares are redeemed or registrations transferred.

Status as an NASD Member. To the extent that the Intermediary is a broker-dealer or is otherwise subject to the Conduct Rules of the NASD, the Intermediary shall inform Dreyfus promptly of any pending or threatened action or proceeding by the NASD bearing on the Intermediary’s membership with the NASD and of any suspension or termination of such membership. The Intermediary further agrees to maintain all records required by applicable laws or that are otherwise reasonably requested by Dreyfus in the event the Intermediary's ’s status as a member of the NASD or the Securities Investor Protection Corporation changes. The Intermediary recognizes that it will be treated as a “non-member of the Association,” as defined by Rule 2420 of the NASD Conduct Rules, during the period of any suspension of the Intermediary's ’s membership in the NASD. Accordingly, no payments required by NASD regulations to be paid paid. solely to a registered broker or dealer shall be paid by Dreyfus while the Intermediary is suspended from the NASD. Further, any termination of the Intermediary’s NASD membership will automatically terminate the Agreement without notice. In the event that the Agreement is terminated as a result of the Intermediary ceasing to be a member of the NASD, or for any other reason as permitted by the Agreement, the Intermediary agrees to work cooperatively with Dreyfus to effect an orderly transition of customer assets if customer Shares are redeemed or registrations transferred.

Status as an NASD Member. To the extent that the Intermediary is a broker-dealer or is otherwise subject to the Conduct Rules of the NASD, the Intermediary shall inform Dreyfus MBSC promptly of any pending or threatened action or proceeding by the NASD bearing on the Intermediary’s 's membership with the NASD and of any suspension or termination of such membership. The Intermediary further agrees to maintain all records required by applicable laws or that are otherwise reasonably requested by Dreyfus MBSC in the event the Intermediary's status as a member of the NASD or the Securities Investor Protection Corporation changes. The Intermediary recognizes that it will be treated as a “"non-member of the Association,” " as defined by Rule 2420 of the NASD Conduct Rules, during the period of any suspension of the Intermediary's membership in the NASD. Accordingly, no payments required by NASD regulations to be paid solely to a registered broker or dealer shall be paid by Dreyfus MBSC while the Intermediary is suspended from the NASD. Further, any termination of the Intermediary’s 's NASD membership will automatically terminate the Agreement without notice. In the event that the Agreement is terminated as a result of the Intermediary ceasing to be a member of the NASD, or for any other reason as permitted by the Agreement, the Intermediary agrees to work cooperatively with Dreyfus MBSC to effect an orderly transition of customer assets if customer Shares are redeemed or registrations transferred.