VALIC is registered as an investment adviser under the Advisers Act and will continue to be so registered for so long as this Agreement remains in effect: (ii) is not prohibited by the 1940 Act or the Advisers Act from performing the services contemplated by this Agreement; (iii) has met, and will continue to meet for so long as this Agreement remains in effect, any applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement, (iv) has the authority to enter into and perform the services contemplated by this Agreement, and (v) will immediately notify the SUB-ADVISER of the occurrence of any event that would disqualify VALIC from serving as an investment adviser of an investment company pursuant to Section 9(a) of the 1940 Act or otherwise.
VALIC agrees to perform the Administrative Services specified in Exhibit A hereto for the benefit of the Contract Owners.
VALIC upon receipt of necessary information and written or verbal instructions from the Company, shall maintain and keep current the following books: Accounts and Records, journals or other records of original entry relating to the business of the Company, and necessary or advisable for compliance with applicable regulations, including Rules 31(a)-1 and 31(a)-2 of the Investment Company Act of 1940, as amended (the "1940 Act"), in such form as may be mutually agreed to between the Company and VALIC:
(a) Cash Receipts (b) Cash Disbursements (c) Dividend Record (d) Purchase and Sales of Portfolio Securities (e) Subscription and Redemption Journals (f) Security Ledgers (g) Broker Ledger 2 (h) General Ledger (i) Daily Expense Accruals (j) Securities and Monies borrowed or loaned and collateral therefor (k) Daily Trial Balances It shall be the responsibility of the Company to furnish or cause to be furnished to VALIC, the declaration, record, payment dates and amounts of any dividends or income and any other special actions required on or concerning each of its portfolio securities.
VALIC is registered as an investment adviser under the Advisers Act and will continue to be so registered for so long as this Agreement remains in effect: (ii) is not prohibited by the 1940 Act or the Advisers Act from performing the services contemplated by this Agreement; (iii) has met, and will continue to meet for so long as this Agreement remains in effect, any applicable federal or state requirements, or the applicable requirements of any regulatory or industry self-regulatory agency, necessary to be met in order to perform the services contemplated by this Agreement, (iv) has the authority to enter into and perform the services contemplated by this Agreement, and (v) will immediately notify the SUB-ADVISER of the occurrence of any event that would disqualify VALIC from serving as an investment adviser of an investment company pursuant to Section 9(a) of the 1940 Act or otherwise. VALIC warrants and represents to SUB-ADVISER (i) that the Covered Fund(s) has been and throughout the term of this Agreement will be operated, and any securities or other financial instruments issued by the Covered Fund(s) have been and throughout the term of this Agreement will be offered and sold, in full compliance with all applicable laws, and (ii) that procedures reasonably designed to prevent and detect direct or indirect investments in securities or other financial instruments issued by Covered Fund(s), or operations of Covered Fund(s), for the purpose of, related to, or in any way involving money laundering have been and throughout the term of this Agreement will be applied.
VALIC shall prepare and file with the appropriate governmental agencies such tax-related information, returns and reports as are required under applicable laws or regulations to be filed for reporting (a) dividends and other distributions, (b) amounts withheld on dividends and other distributions and payments, and (c) gross proceeds of sales transactions.
VALIC upon receipt of necessary information and written or verbal instructions from the Company, shall maintain and keep current the following books: Accounts and Records, journals or other records of original entry relating to the business of the Company, and necessary or advisable for compliance with applicable regulations, including Rules 31(a)-1 and 31(a)-2 of the Investment Company Act of 1940, as amended (the "1940 Act"), in such form as may be mutually agreed to between the Company and VALIC:
(a) Cash Receipts (b) Cash Disbursements (c) Dividend Record (d) Purchase and Sales of Portfolio Securities (e) Subscription and Redemption Journals (f) Security Ledgers (g)
VALIC. VALIC shall perform the services described herein, with respect to the Funds identified in Schedule A hereto, in accordance with procedures established from time to time by agreement of the Trust and VALIC, and between VALIC and the Contract owners and participants, in each case subject to terms and conditions set forth in the Trust's current prospectus. Except as specifically provided herein, VALIC shall not be nor be held out to be an agent of the Trust or any Fund.
(a) According to Contract provisions and various other agreements entered into between VALIC and Contract owners and participants, VALIC shall receive from these Contract owners and participants, or their authorized sponsors, committees, or trustees, by the close of regular trading on the New York Stock Exchange (the "Close of Trading") each business day that the New York Stock Exchange is open for business ("Business Day") instructions for the purchase, redemption and exchange of Shares (together, "Instructions");
(b) Based on Instructions received each Business Day, VALIC shall compute net purchase requests and/or net redemption requests ("Requests") for Shares of each Fund for each the Instructions received various Contract owners and participants;
(c) VALIC shall maintain records as required by applicable law related to, and advise the Trust as to, the foregoing, as instructed by the Trust. VALIC agrees that such records maintained by it in connection with its activities under this Agreement will be preserved, maintained and made available in accordance with applicable law and regulations, and copies or, if required, originals will be surrendered promptly to the Trust on and in accordance with its request. Records surrendered hereunder shall be in machine readable form, except to the extent that VALIC has maintained such records only in paper form. This provision shall survive the termination of this Agreement;
(d) VALIC shall transmit Requests to the Trust or its agent by the Close of Trading each Business Day. Such Requests shall be based solely on Instructions received in proper form by VALIC from the Contract owners and participants, and/or their authorized sponsors, committees, or trustees, according to Contract provisions and various other agreements with the Contract owners and participants. Instructions received by VALIC after the Close of Trading on any Business Day shall be treated as though received on the next Business Day. VALIC shall maintain internal controls reasonably des...
VALIC. 6.9.5.2 The enrollment period of entering a tax deferred annuities program will be the first two weeks in October and the first two weeks in February.
6.9.5.3 Additional companies may be added to the list above if mutually acceptable to the Employer and the Union.
6.9.5.4 The Employer shall post an updated list of the local TSA agents in each of the schools. However, the Employees shall not be restricted to the agents listed for each program.
VALIC. The above companies are authorized annuity service providers for WCCS employees. You may only have annuities from the above companies. However, you may go through any representative of your choice. To attain an annuity, please contact your representative. The company will complete the necessary paperwork and forward it to Xxxx Xxxxx in the Business Office.
VALIC. (c) The Employer has entered into Information Sharing Agreements with the following Vendors, which are approved for contract exchanges to/from the following Investment Arrangements under Section 9.06(B)(3):
1. American Funds
2. Standard Insurance
3. TIAA-CREF
4. VALIC
a. Determining Employee eligibility to participate
b. Determine Participant Vested percentages
c. Determining whether deferrals comply with Plan limits and are correctly calculated
d. Determining accuracy of Matching Contributions
e. Determining whether hardship distributions and loans (if any) comply with Plan requirements
f. Make determinations regarding rollovers and transfers
g. Determining the status of domestic relations orders
h. Determining whether the Plan complies with Code §403(b), taking into account the rules concerning Related Employers
i. Determining Employer status (e.g., type of Employer, Related Employer status, QCCO status)
j. Remitting contributions
k. Delivery of Participant notice
l. Maintain Employee records
m. Review and process claims
n. Communication with Vendor(s)
o. Describe: Effective Date of this Appendix D, if not the Effective Date of the Plan:
