Common use of Transmission Deadlines for the Accounts Clause in Contracts

Transmission Deadlines for the Accounts. The transmission of orders for the Accounts will be accepted by the Fund only if provided through NSCC’s DCC&S System in the file delivered to the Fund or its transfer agent prior to 6:30 a.m. Eastern Time (currently NSCC Cycle 8) on the next Business Day following the Trade Date. Any information delivered to the Fund via NSCC’s DCC&S System after such 6:30 a.m. Eastern Time file is received will be rejected by the Fund or its transfer agent, subject to the Fund’s sole discretion to accept any trade. In the event that NSCC systems are not functioning on a given Business Day or the Company is unable to transmit Instructions via NSCC’s DCC&S System by the 6:30 a.m. Eastern Time deadline discussed above, the Company may transmit Instructions to the Fund, its transfer agent or as otherwise directed by the Fund or the Adviser via facsimile by 8:30 a.m. Eastern Time on the next Business Day following the Trade Date; provided however, the Company will notify the Fund and the Adviser prior to transmitting Instructions via facsimile. Manual trading has been mutually agreed upon by the parties to be used infrequently. If the Fund and/or the Adviser in their sole discretion determine that the Company is excessive in its use of the manual trading alternative, the Adviser will notify the Company in writing of such excessive use of the manual trading alternative. The notice (the “Notice”) will state the effective date (“Manual Trading Effective Date”) upon which the Company must cease all trading through the NSCC system, and the Company must transmit all Instructions to the Fund, its transfer agent or as otherwise directed by the Fund or the Adviser via facsimile by 8:30 a.m. Eastern Time on the next Business Day following the Trade Date. The Manual Trading Effective Date shall be at least 7 business days from the Notice date. On the Manual Trading Effective Date, Section 1.1 of this Agreement shall be replaced in its entirety with Exhibit A.

Transmission Deadlines for the Accounts. The transmission of orders for the Accounts will be accepted by the Fund only if provided through NSCC’s DCC&S System in the file delivered to the Fund or its transfer agent prior to 6:30 a.m. Eastern Time (currently NSCC Cycle 8) on the next Business Day following the Trade Date. Any information delivered to the Fund via the NSCC’s DCC&S System after such 6:30 a.m. Eastern Time file is received will be rejected by the Fund or its transfer agent, subject to the Fund’s sole discretion to accept any trade. In the event that NSCC systems are not functioning on a given Business Day or the Company is unable to transmit Instructions via NSCC’s DCC&S System by the 6:30 a.m. Eastern Time deadline discussed above, the Company may transmit Instructions to the Fund, its transfer agent or as otherwise directed by the Fund or the Adviser via facsimile by 8:30 a.m. Eastern Time on the next Business Day following the Trade Date; provided however, the Company will notify the Fund and the Adviser prior to transmitting Instructions via facsimile. Manual trading has been mutually agreed upon by the parties to be used infrequently. If the Fund and/or the Adviser in their sole discretion determine that the Company is excessive in its use of the manual trading alternative, the Adviser will notify the Company in writing of such excessive use of the manual trading alternative. The notice (the “Notice”) will state the effective date (“Manual Trading Effective Date”) upon which the Company must cease all trading through the NSCC system, and the Company must transmit all Instructions to the Fund, its transfer agent or as otherwise directed by the Fund or the Adviser via facsimile by 8:30 a.m. Eastern Time on the next Business Day following the Trade Date. The Manual Trading Effective Date shall be at least 7 business days from the Notice date. On the Manual Trading Effective Date, Section 1.1 of this Agreement shall be replaced in its entirety with Exhibit A.