Transfer Agent/Investor Services Sample Clauses

Transfer Agent/Investor Services. Citi shall also maintain accounts of investors on its investor record-keeping systems, and provide the following investor services in connection therewith: (i) Maintain the register of investors; process purchases, redemptions, and transfers of Interests; maintain investor records, including account documentation files, establish account relationship linking/grouping, record investor account information changes, and balance monthly transaction activity; (ii) Maintain investor information files, and microfiche and/or image all subscription applications and source documentation (other than from Xxxxxxx Xxxxx or other placement agents, underwriters or distributors that maintain subscription application or source documentation, which shall be responsible for maintaining all such subscription applications and source information). The Fund shall direct Xxxxxxx Xxxxx and other placement agents, underwriters and distributors of the Fund to provide Citi with any information related to the Fund’s investors necessary for Citi’s performance of its services under this Agreement, compliance with governing regulations and performance of regulatory and financial audits, it being understood and acknowledged by Citi that the Fund’s obligation pursuant to this Section 1(c)(ii) shall require the Fund to so direct Xxxxxxx Xxxxx and other placement agents, underwriters and distributors only initially and thereafter as necessary in the event that Xxxxxxx Xxxxx and other placement agents, underwriters and distributors to Citi do not provide information to Citi and shall not require the Fund to be actively engaged in monitoring or directing such provision of information from Xxxxxxx Xxxxx and other placement agents, underwriters and distributors to Citi; (iii) Complete cash settlement between the Fund, its custodian, and investors, and reconcile the Fund’s bank accounts; (iv) Prepare and issue investor confirmations (other than for Xxxxxxx Xxxxx accounts), which shall be in compliance with Rule 10b-10 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”), if applicable; upon investor request, prepare duplicate investor confirms; (v) Prepare and issue monthly account statements to investors (other than for Xxxxxxx Xxxxx accountholders in the International Fund) and provide a monthly report of account activity per investor to the Adviser; upon investor request, prepare duplicate account statements (special order account statements available for mutually agreed upo...
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Transfer Agent/Investor Services. Citi shall also, through a sub-transfer agent, provide the following investor services in connection therewith: (i) Issue and record Shares as authorized, hold Shares in the appropriate account, and effect transfers of Shares upon receipt of appropriate documentation. (ii) Issue replacement Shares for those certificates alleged to have been lost, stolen or destroyed, upon receipt by Citi of an open penalty surety bond satisfactory to it and holding the Fund, Citi and any agent of Citi harmless, absent notice to Citi that such certificates have been acquired by a bona fide purchaser. Citi may, at its option, issue replacement Shares for mutilated certificates upon presentation thereof without such indemnity. Citi may, at its sole option, accept indemnification from the Fund to issue replacement Shares for those certificates alleged to have been lost, stolen or destroyed in lieu of an open penalty bond. (iii) Make available to Shareholders, through a website, online access to certain Account and Shareholder information and certain transaction capabilities (“Internet Services”), subject to Citi’s (or its agent’s) security procedures and the terms and conditions set forth herein and on the website. Notwithstanding anything else to the contrary herein, the Internet Services are provided “as is,” on an “as available” basis, and Citi hereby specifically disclaims any and all representations or warranties, express or implied, regarding such Internet Services, including any implied warranty of merchantability or fitness for a particular purpose and implied warranties arising from course of dealing or course of performance. (iv) Conduct such database searches to locate lost Shareholders as are required by Rule 17Ad-17 under the Securities Exchange Act of 1934, as amended (“Exchange Act”), without charge to the Shareholder. If a new address is so obtained in a database search for a lost Shareholder, Citi shall conduct a verification mailing and update its records for such Shareholder accordingly. (v) Citi may conduct a more in-depth search for the purpose of (A) locating lost Shareholders for whom a new address is not obtained in accordance with clause (iv) above, (B) identifying Shareholders who are deceased (or locating their next of kin), and (C) locating Shareholders whose accounts contain two or more consecutive uncashed checks, in each case using the services of a locating service provider selected by Citi. Such provider may compensate Citi for processing and o...
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Transfer Agent/Investor Services. BISYS shall maintain accounts of investors on its investor record-keeping systems, and provide the following investor services in connection therewith: (i) Process purchases, repurchases/redemptions, and transfers of Interests; Prepare and issue investor confirmations, which shall be in compliance with Rule 10b-10 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”). (ii) Maintain the register of investors; maintain investor records, including account documentation files, all or part of which may be kept on microfiche and/or otherwise imaged. (iii) Disburse or record reinvestment of dividends and other distributions. (iv) Prepare and issue monthly account statements to investors. (v) Calculate tax estimates for each Trust investor prior to year end; prepare tax estimate letters for Trust investors. (vi) Prepare US tax forms with respect to Trust investors, including calculation of amounts reported (e.g., 1099, 5498). (vii) Monitor receipt of cash equivalents; prepare and, subject to review by the Fund, file IRS Form 8300 as necessary. (viii) Tabulate investor responses to tender/repurchase offers not more frequently than quarterly. (ix) Provide contact information for investor inquiries and use reasonable efforts to handle such inquiries or forward such inquiries as directed by the Fund. (x) Verify investor identity upon opening new accounts and/or check investor names against the list of persons subject to economic and trade sanctions published by the U.S. Department of the Treasury, Office of Foreign Assets Control and other relevant lists published by governmental or other applicable authorities, all as required by applicable U.S. laws and regulations or as otherwise reasonably directed by the Fund. 2 (xi) Monitor, identify and report investor transactions and identify and report suspicious activities that are required to be so identified and reported, and provide other required reports to any applicable governmental agency (e.g., the SEC, the U.S. Treasury Department, the U.S. Internal Revenue Service) or each such agency’s designated agent in each case consistent with the Fund’s written anti-money laundering program (the “AML Program”). (xii) Place holds on transactions in investor accounts or freeze assets in investor accounts, as provided in the AML Program. (xiii) Create documentation to provide a basis for law enforcement authorities to trace illicit funds. (xiv) Maintain all records or other documentation created or received b...
Sample 1
Transfer Agent/Investor Services. BISYS shall also maintain accounts of investors on its investor record-keeping systems, and provide the following investor services in connection therewith: (i) Maintain the register of investors; process purchases, redemptions, and transfers of Interests; maintain investor records, including account documentation files, establish account relationship linking/grouping, record investor account information changes, and balance monthly transaction activity; (ii) Maintain investor information files, and microfiche and/or image all subscription applications and source documentation; (iii) Complete cash settlement between the Fund, its custodian, and investors, and reconcile the Fund’s bank accounts; (iv) Prepare and issue investor confirmations, which shall be in compliance with Rule 10b-10 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”), if applicable; upon investor request, prepare duplicate investor confirms; (v) Prepare and issue monthly account statements to investors and provide a monthly report of account activity per investor to the Adviser; upon investor request, prepare duplicate or special order account statements; (vi) If the Fund is registered under the 1940 Act, manage the Fund’s tender offer process (no more frequently than quarterly), including distribution of tender offer materials to all investors, recording investor replies, responding to investor questions regarding tender offer process; mail promissory notes related to any Fund tender offer; (vii) Provide mailing labels for distribution of financial reports, Offering Documents, proxy statements, or marketing material to current investors; (viii) Review all incoming investor documentation to verify receipt of all information and documentation required by BISYS hereunder; (ix) Verify investor identity upon opening new accounts and/or check investor names against the list of persons subject to economic and trade sanctions published by the U.S. Department of the Treasury, Office of Foreign Assets Control and other relevant lists published by governmental or other applicable authorities, all as required by applicable U.S. laws and regulations or as otherwise reasonably directed by the Fund; (x) Monitor, identify and report investor transactions and identify and report suspicious activities that are required to be so identified and reported, and provide other required reports to any applicable governmental agency (e.g., the SEC, the U.S. Treasury Department, the U.S. Inte...
Sample 1
Transfer Agent/Investor Services. BISYS shall also maintain accounts of Shareholders on its investor record-keeping systems, and provide the following investor services in connection therewith: (i) Maintain the Share register; process purchases, redemptions, and transfers of Shares; maintain Shareholder records, including account documentation files, and record Shareholder account information changes; provided that all of the foregoing shall be based upon documentation and information received from AEFC, and provided further that BISYS will not be responsible for conducting investor suitability or anti-money laundering checks. (ii) Prepare and issue Shareholder confirmations in compliance with Rule 10b-10 of the Securities Exchange Act of 1934, as amended, to institutional Shareholders (BISYS shall not issue confirmations to non-institutional Shareholders). (iii) Prepare and issue periodic account statements to institutional Shareholders (BISYS shall not prepare or issue periodic account statements to non-institutional Shareholders). (iv) Prepare and distribute Forms 1099 to institutional Shareholders, as applicable. (BISYS shall not prepare or issue Forms 1099 to non-institutional Shareholders). (v) Manage the Company's tender offer process (no more frequently than quarterly), including distribution of tender offer materials to all Shareholders, recording Shareholder replies and responding to Shareholder questions regarding tender offer process. (vi) Process dividend and capital gains payments, including the purchase of new shares through reinvestment. (vii) Monitor the movement of escrow money for subscriptions of institutional Shareholders, monitor receipt of money in connection with tender offers and reconcile the Company's bank accounts. (BISYS shall not coordinate or monitor the movement of escrow money for subscriptions of non-institutional Shareholders to non-institutional Shareholders) (viii) At AEFC's request and upon provision to BISYS of the necessary information and/or documentation: (A) Place holds on transactions in Shareholder accounts or freeze assets in Shareholder accounts, as provided in the Company's AML Program. (B) Create documentation to provide a basis for law enforcement authorities to trace illicit funds. (C) Maintain all records or other documentation related to Shareholder accounts and transactions therein that are required to be prepared and maintained pursuant to the Company's AML Program, and make the same available for inspection by (i) the Company's AML Co...
Sample 1
Transfer Agent/Investor Services. Service Provider shall also maintain accounts of investors on its investor record-keeping systems, and provide the following investor services in connection therewith: (a) Maintain the register of investors; process purchases, repurchases pursuant to tender offers or otherwise, compulsory repurchases, and transfers of Shares; maintain investor records, including account documentation files, establish account relationship linking/grouping, record investor account information changes, and balance monthly transaction activity; (b) Maintain investor information files, and microfiche and/or image all subscription applications and source documentation; (c) Function as dividend agent including calculating, disbursing and recordkeeping for all dividends generated by the Fund;
Sample 1
Transfer Agent/Investor Services. BISYS shall also maintain Member accounts on its investor recordkeeping systems, and provide the following investor services in connection therewith: (i) Produce and mail monthly investor statements; (ii) Post investor transactions and mail confirmations; (iii) Balance daily transaction activity; (iv) Maintain Member information files; (v) Complete cash settlement between the Company, custodian, NSCC and Members; (vi) Reconcile DDAs; (vii) Microfiche and/or imaging of all subscription applications and source documentation; (viii) Prepare daily open items report; (ix) Coordinate development of systematic enhancements; (x) Generate user defined reports from BISYS’ investor recordkeeping system, subject to such charges as may be quoted and agreed upon in accordance with Section 3(b) hereof; (xi) Complete quality assurance review of transactions; (xii) Track and report sales activity; (xiii) Coordinate and monitor movement and escrow money for subscriptions and redemptions and reconcile with the Company's bank account; (xiv) Administer escrow accounts per Administrator instructions; (xv) Mail tender offer documentation to Members; and (xvi) Calculate Member tender amounts.
Sample 1
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Related to Transfer Agent/Investor Services

  • Transfer Agent Services The Transfer Agent will perform the following services: In accordance with the procedures established from time to time by agreement between the Fund and the Transfer Agent, the Transfer Agent shall: (a) issue and record the appropriate number of Shares as authorized and hold such Shares in the appropriate Shareholder account; (b) effect transfers of Shares by the registered owners thereof upon receipt of appropriate documentation; (c) act as agent for Shareholders pursuant to dividend reinvestment plans, and other investment programs as amended from time to time in accordance with the terms of the agreements relating thereto to which the Transfer Agent is or will be a party; (d) issue replacement certificates for those certificates alleged to have been lost, stolen or destroyed upon receipt by the Transfer Agent of an open penalty surety bond satisfactory to it and holding it and the Fund harmless, absent notice to the Fund and the Transfer Agent that such certificates have been acquired by a bona fide purchaser. The Transfer Agent, at its option, may issue replacement certificates in place of mutilated stock certificates upon presentation thereof without such indemnity. Further, the Transfer Agent may at its sole option accept indemnification from the Fund to issue replacement certificates for those certificates alleged to have been lost, stolen or destroyed in lieu of an open penalty bond; (e) prepare and transmit payments for dividends and distributions declared by the Fund, provided good funds for said dividends or distributions are received by the Transfer Agent prior to the scheduled payable date for said dividends or distributions; (f) issue replacement checks and place stop orders on original checks based on shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Fund, and the Fund shall be responsible for all losses or claims resulting from such replacement; and (g) Receive all payments made to the Fund or the Transfer Agent under any dividend reinvestment plan, direct stock purchase plan, and plans and make all payments required to be made under such plans, including all payments required to be made to the Fund.

  • Co-Transfer Agents The Depositary may appoint one or more co-transfer agents for the purpose of effecting transfers, combinations and split-ups of Receipts at designated transfer offices on behalf of the Depositary. In carrying out its functions, a co-transfer agent may require evidence of authority and compliance with applicable laws and other requirements by Holders or persons entitled to such Receipts and will be entitled to protection and indemnity, in each case to the same extent as the Depositary. Such co-transfer agents may be removed and substitutes appointed by the Depositary. Each co-transfer agent appointed under this Section 2.5 (other than the Depositary) shall give notice in writing to the Depositary accepting such appointment and agreeing to be bound by the applicable terms of this Deposit Agreement.

  • Transfer Agent Instructions The Company shall issue irrevocable instructions to its transfer agent to issue certificates, registered in the name of the Buyer or its nominee, for the Conversion Shares in such amounts as specified from time to time by the Buyer to the Company upon conversion of the Note in accordance with the terms thereof (the “Irrevocable Transfer Agent Instructions”). In the event that the Borrower proposes to replace its transfer agent, the Borrower shall provide, prior to the effective date of such replacement, a fully executed Irrevocable Transfer Agent Instructions in a form as initially delivered pursuant to the Purchase Agreement (including but not limited to the provision to irrevocably reserve shares of Common Stock in the Reserved Amount) signed by the successor transfer agent to Borrower and the Borrower. Prior to registration of the Conversion Shares under the 1933 Act or the date on which the Conversion Shares may be sold pursuant to Rule 144 without any restriction as to the number of Securities as of a particular date that can then be immediately sold, all such certificates shall bear the restrictive legend specified in Section 2(g) of this Agreement. The Company warrants that: (i) no instruction other than the Irrevocable Transfer Agent Instructions referred to in this Section 5, and stop transfer instructions to give effect to Section 2(f) hereof (in the case of the Conversion Shares, prior to registration of the Conversion Shares under the 1933 Act or the date on which the Conversion Shares may be sold pursuant to Rule 144 without any restriction as to the number of Securities as of a particular date that can then be immediately sold), will be given by the Company to its transfer agent and that the Securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement and the Note; (ii) it will not direct its transfer agent not to transfer or delay, impair, and/or hinder its transfer agent in transferring (or issuing)(electronically or in certificated form) any certificate for Conversion Shares to be issued to the Buyer upon conversion of or otherwise pursuant to the Note as and when required by the Note and this Agreement; and (iii) it will not fail to remove (or directs its transfer agent not to remove or impairs, delays, and/or hinders its transfer agent from removing) any restrictive legend (or to withdraw any stop transfer instructions in respect thereof) on any certificate for any Conversion Shares issued to the Buyer upon conversion of or otherwise pursuant to the Note as and when required by the Note and this Agreement. Nothing in this Section shall affect in any way the Buyer’s obligations and agreement set forth in Section 2(g) hereof to comply with all applicable prospectus delivery requirements, if any, upon re-sale of the Securities. If the Buyer provides the Company, at the cost of the Buyer, with (i) an opinion of counsel in form, substance and scope customary for opinions in comparable transactions, to the effect that a public sale or transfer of such Securities may be made without registration under the 1933 Act and such sale or transfer is effected or (ii) the Buyer provides reasonable assurances that the Securities can be sold pursuant to Rule 144, the Company shall permit the transfer, and, in the case of the Conversion Shares, promptly instruct its transfer agent to issue one or more certificates, free from restrictive legend, in such name and in such denominations as specified by the Buyer. The Company acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Buyer, by vitiating the intent and purpose of the transactions contemplated hereby. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Section 5 may be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section, that the Buyer shall be entitled, in addition to all other available remedies, to an injunction restraining any breach and requiring immediate transfer, without the necessity of showing economic loss and without any bond or other security being required.

  • Transfer Agent and Registrar The Trustees shall have power to employ a transfer agent or transfer agents, and a registrar or registrars, with respect to the Shares. The transfer agent or transfer agents may keep the applicable register and record therein, the original issues and transfers, if any, of the said Shares. Any such transfer agents and/or registrars shall perform the duties usually performed by transfer agents and registrars of certificates of stock in a corporation, as modified by the Trustees.

  • Register Transfer Agent Instructions The Company shall maintain at its principal executive offices (or such other office or agency of the company as it may designate by notice to each holder of securities), a register for the Membership Interests and the Warrants, in which the Company shall record the name and address of the person in whose name the Membership Interests and the Warrants have been issued (including the name and address of each transferee), the number of Membership Interests held by such person, the number of Warrant Interests issuable upon exercise of the Warrants held by such person and the number of Membership Interests held by such person. The Company shall keep the register open and available at all times during normal business hours for inspection of any Buyer or its legal representatives.

  • Registrar, Transfer Agent and Paying Agent The Issuer shall maintain (i) an office or agency where Notes may be presented for registration (“Registrar”), (ii) an office or agency where Notes may be presented for transfer or for exchange (“Transfer Agent”) and (iii) an office or agency where Notes may be presented for payment (“Paying Agent”). The Registrar shall keep a register of the Notes (“Note Register”) and of their transfer and exchange. The registered Holder of a Note will be treated as the owner of such Note for all purposes and only registered Holders shall have rights under this Indenture and the Notes. The Issuer may appoint one or more co-registrars, one or more co-transfer agents and one or more additional paying agents. The term “Registrar” includes any co-registrar, the term “Transfer Agent” includes any co-transfer agent and the term “Paying Agent” includes any additional paying agents. The Issuer may change any Paying Agent, Transfer Agent or Registrar without prior notice to any Holder. The Issuer shall notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If the Issuer fails to appoint or maintain another entity as Registrar, Transfer Agent or Paying Agent, the Trustee shall act as such. The Issuer or any of its Subsidiaries may act as Paying Agent, Transfer Agent or Registrar. The Issuer initially appoints The Depository Trust Company, its nominees and successors (“DTC”) to act as Depositary with respect to the Global Notes. The Issuer initially appoints the Trustee to act as the Paying Agent, Transfer Agent and Registrar for the Notes and to act as Custodian with respect to the Global Notes.

  • Transfer Agent The Company shall engage and maintain, at its expense, a registrar and transfer agent for the Shares.

  • Irrevocable Transfer Agent Instructions The Company shall issue irrevocable instructions to its transfer agent, and any subsequent transfer agent, in the form of Exhibit E attached hereto (the “Irrevocable Transfer Agent Instructions”). The Company represents and warrants that no instruction other than the Irrevocable Transfer Agent Instructions referred to in this Section 4.1(d) (or instructions that are consistent therewith) will be given by the Company to its transfer agent in connection with this Agreement, and that the Securities shall otherwise be freely transferable on the books and records of the Company as and to the extent provided in this Agreement and the other Transaction Documents and applicable law. The Company acknowledges that a breach by it of its obligations under this Section 4.1(d) will cause irreparable harm to a Purchaser. Accordingly, the Company acknowledges that the remedy at law for a breach of its obligations under this Section 4.1(d) will be inadequate and agrees, in the event of a breach or threatened breach by the Company of the provisions of this Section 4.1(d), that a Purchaser shall be entitled, in addition to all other available remedies, to an order and/or injunction restraining any breach and requiring immediate issuance and transfer, without the necessity of showing economic loss and without any bond or other security being required.

  • Transfer Agent Instructions Legend (a) Register

  • Transfer Agency Services Subject to the terms and conditions set forth in this Agreement, each Fund, on behalf of itself and, where applicable, its Portfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as, its transfer agent for each class of each Fund’s now or hereafter authorized and issued shares (“Shares”), dividend disbursing agent and shareholder servicing agent in connection with any dividend reinvestment, accumulation, open-account or similar plan provided to the shareholders of each Fund and of any Portfolios of a Fund (“Shareholders”) as set out in the currently effective prospectus and Statement of Additional Information (the “prospectus”) of each Fund as provided to the Transfer Agent by each Fund, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Transfer Agent and each of the Funds (the “Procedures”) and the Service Levels (defined below) to be established by the parties, in each case with such changes or deviations therefrom as have been (or may from time to time be) agreed upon in writing by the parties, the Transfer Agent agrees that it will perform the following services (all such services referred to herein as the “Services”): (a) Establish each Shareholder’s account in the Fund on the Transfer Agent’s recordkeeping system and maintain such account for the benefit of such Shareholder in accordance with the Procedures; (b) Receive for acceptance and process orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the custodian of the assets of the Fund (the “Custodian”) and assist the Fund’s administrator with the calculation and payment of commissions and distribution and shareholder servicing fees to dealers related to such orders; (c) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in book entry form in the appropriate Shareholder account; (d) Receive for acceptance and process redemption requests and redemption directions and deliver the appropriate documentation thereof to the Custodian; (e) In respect to items (b) through (d) above, the Transfer Agent may execute transactions directly with broker-dealers authorized by the Fund; (f) At the appropriate time as and when it receives monies paid to it by the Custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders; (g) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions; (h) Prepare and transmit payments for dividends and distributions declared by the Fund or any Portfolio thereof, as the case may be; (i) If applicable, issue replacement certificates for those certificates alleged to have been lost, stolen or destroyed upon receipt by the Transfer Agent of indemnification satisfactory to the Transfer Agent and protecting the Transfer Agent and the Fund, and the Transfer Agent at its option, may issue replacement certificates in place of mutilated stock certificates upon presentation thereof and without such indemnity; (j) If applicable, issue replacement checks and place stop orders on original checks based on Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Fund, and, as between the Fund and the Transfer Agent, the Fund shall be responsible for all losses or claims resulting from such replacement; (k) Maintain records of account for and advise the Fund and its Shareholders as to the foregoing; (l) Record the issuance of Shares of the Fund and maintain pursuant to Rule 17Ad-10(e) under the Securities Exchange Act of 1934, as amended (the “1934 Act”) a record of the total number of Shares of the Fund which are authorized, based upon data provided to it by the Fund, and issued and outstanding. The Transfer Agent shall also provide the Fund on a regular basis with the total number of Shares which are authorized and issued and outstanding but shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Fund; (m) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, data entry and electronic instructions, including e-mail communications, which have been prepared, maintained or provided by the Fund or any other person or firm on behalf of the Fund or from broker-dealers of record or third-party administrators (“TPAs”) on behalf of individual Shareholders. With respect to transaction requests received in the foregoing manner, the Transfer Agent shall not be responsible for determining that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the 1940 Act, and it will be the responsibility of the Fund to require its broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Fund’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes; (n) Open, maintain and manage, as agent for the Fund, such bank accounts as the Transfer Agent shall deem necessary for the performance of its duties under this Agreement, including but not limited to, the processing of Share purchases and redemptions and the payment of Fund dividends and distributions. The Transfer Agent may maintain such accounts at State Street Bank and Trust Company; (o) Receive correspondence pertaining to any former, existing or new Shareholder account, process such correspondence for proper recordkeeping and respond to Shareholder correspondence; (p) Process any request from a Shareholder to change account registration, beneficiary, beneficiary information, transfer and rollovers in accordance with the Procedures.

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