Common use of Terms of Appointment Clause in Contracts

Terms of Appointment. Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints Price Services to act, and Price Services agrees to act, as the Fund’s transfer agent, dividend disbursing agent and agent in connection with the Fund’s authorized and issued shares of its common stock or shares of beneficial interest (all such stock and shares to be referred to as “Shares”) and provide services to shareholders of the Fund, account owners of 529 Plans and Retirement Plans and Plan Participants and Intermediaries maintaining Direct Accounts (collectively “Shareholders”). The parties to the Agreement hereby acknowledge that from time to time, Price Services and its affiliates may enter into contracts with Retirement Plans and/or their sponsors and the sponsors of 529 Plans for the provision of certain services to account owners of 529 Plans and accounts of the Retirement Plan and its Plan Participants. In rendering the services required under this Agreement, Price Services may, consistent with applicable law, from time to time employ, delegate, or appoint an affiliated or unaffiliated party or person to carry out some or all of the Services or obligations under this Agreement. Price Services shall remain liable to the Funds, and the Fund shall remain liable to Price Services, for the performance of such Services and obligations, in the same manner and to the extent as if Price Services were itself providing the Services or obligations, to the extent specified in this Agreement.

Terms of Appointment. Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints Price Services to act, and Price Services agrees to act, as the Fund’s transfer agent, dividend disbursing agent and agent in connection with the Fund’s authorized and issued shares of its common stock or shares of beneficial interest (all such stock and shares to be referred to as “Shares”) and provide services to shareholders of the Fund, account owners of 529 Plans and Plans, Retirement Plans and Plan Participants and Intermediaries maintaining Direct Accounts (collectively “Shareholders”). The parties to the Agreement hereby acknowledge that from time to time, Price Services and its affiliates may enter into contracts with Retirement Plans and/or their sponsors and the sponsors of 529 Plans for the provision of certain services to account owners of 529 Plans and accounts of the Retirement Plan and its Plan ParticipantsAccounts. In rendering the services required under this Agreement, Price Services may, consistent with applicable law, from time to time-to-time employ, delegate, or appoint an affiliated or unaffiliated party or person to carry out some or all of the Services services or obligations under this AgreementAgreement (collectively, “Service Providers”). Price Services shall remain liable to the Funds, and the Fund shall remain liable to Price Services, for the performance of such Services services and obligationsobligations provided by the Service Provider, in the same manner and to the extent as if Price Services were itself providing the Services services or obligations, to the extent specified in this Agreement.

Terms of Appointment. Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints Price Services to act, and Price Services agrees to act, as the Fund’s transfer agent, dividend disbursing agent and agent in connection with the Fund’s authorized and issued shares of its common stock or shares of beneficial interest (all such stock and shares to be referred to as “Shares”) and provide services to shareholders of the Fund, account owners of 529 Plans and Plans, Retirement Plans and Plan Participants and Intermediaries maintaining Direct Accounts (collectively “Shareholders”). The parties to the Agreement hereby acknowledge that from time to time, Price Services and its affiliates may enter into contracts with Retirement Plans and/or their sponsors and the sponsors of 529 Plans for the provision of certain services to account owners of 529 Plans and accounts of the Retirement Plan Plans and its their Plan Participants. In rendering the services required under this Agreement, Price Services may, consistent with applicable law, from time to time employ, delegate, or appoint an affiliated or unaffiliated party or person to carry out some or all of the Services services or obligations under this Agreement. Price Services shall remain liable to the Funds, and the Fund shall remain liable to Price Services, for the performance of such Services services and obligations, in the same manner and to the extent as if Price Services were itself providing the Services services or obligations, to the extent specified in this Agreement. B. Duties of Price Services 1.