Common use of Voting and Other Actions Clause in Contracts

Voting and Other Actions. Custodian shall promptly deliver or mail to the Principal all forms of proxies and all notices of meetings affecting or relating to Securities held for the account of the Principal. Upon receipt of proper instructions, Custodian shall execute and deliver such proxies or other authorizations as may be required. Neither Custodian nor its nominee shall vote any Securities or execute any proxy to vote the same or give any consent to take any other action with respect thereto.