Common use of Whenever a Futures Clause in Contracts

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspayments of money, if any, and the depositsdeposits of Securities, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspayments of money, if any, and the depositsdeposits of Securities, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e)the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocatedal- located; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission commis- sion merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option Op- tion was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities Securi- ties to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspayments of money, if any, and the depositsdeposits of Securities, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e)the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such the Futures Contract Option exercised was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom which such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund for the account of such Series upon such exercise; (f) the net total amount, if any, payable by the Fund for the account of such Series upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Segregated Security Account for such SeriesAccount. The Custodian shall, upon its receipt of the net total amount payable to the FundFund for the account of such Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Segregated Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such the Futures Contract Option exercised was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such which the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund; (g) the amount, if any, to be received by the Fund upon for the account of such exerciseSeries; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Segregated Security Account for such SeriesAccount. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate shall make the payments, if any, and the deposits, if any, into the Senior Segregated Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call Put Option is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such the Futures Contract Option exercised was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom which such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund for the account of such Series upon such exercise; (f) the net total amount, if any, payable by the Fund for the account of such Series upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in the Senior Segregated Security Account for such SeriesAccount, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundFund for the account of such Series, if any, specified in such Certificate the Certificate, make the payments, if any, and the deposits, if any, into the Senior Segregated Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund Trust which is a call is exercised, the Fund Trust shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund Trust upon such exercise; (f) the net total amount, if any, payable by the Fund Trust upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the FundTrust, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund Trust and which is a call put is exercised, the Fund Trust shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund Trust upon such exercise; (f) the net total amount, if any, payable by the Fund Trust upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundTrust, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Con- tract Option exercised; (c) the type of Futures Contract underlying the un- derlying such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Fu- tures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt re- ceipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Secu- rities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account Ac- count as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate Certifi- cate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifyingspecify ing: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Se- nior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the CertificateCer- tificate. The deposits, if any, to be made to the Margin Account Ac- count shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsde- posits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Con- tract Option exercised; (c) the type of Futures Contract underlying the un- derlying such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Fu- tures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt re- ceipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Secu- rities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account Ac- count as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate Certifi- cate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Fu- tures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities Secu- rities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total to- tal amount payable to the Fund, if any, specified in such Certificate Cer- tificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the CertificateCertifi- cate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.Senior

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; and (g) the amount, if any, to be received by the Fund; and the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which Trust pursuant to paragraph 1 of this article is a call is exercisedexercised by the Trust, the Fund Trust shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseTrust; and (g) the amount, if any, to be received by the Trust; and the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Se- nior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the CertificateCer- tificate. The deposits, if any, to be made to the Margin Account Ac- count shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option Op- tion was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities Securi- ties to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspay- ments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions condi- tions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocatedal- located; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission commis- sion merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificatecate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; exercise and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which Trust pursuant to paragraph 1 is a call is exercisedexercised by the Trust, the Fund Trust shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseTrust; (g) the amount, if any, to be received by the Trust; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option Op- tion was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities Securi- ties to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspayments of money, if any, and the depositsdeposits of Securities, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund Corporation and which is a call put is exercised, the Fund Corporation shall promptly deliver to the Custodian a Certificate Proper Instruction specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund Corporation upon such exercise; (f) the net total amount, if any, payable by the Fund Corporation upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Collateral Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundCorporation, if any, specified in the Proper Instruction, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the CertificateProper Instruction. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable pay- able by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdraw- als from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian Subcustodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through though whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian Subcustodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian Subcustodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocatedal located; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited depoited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund Company which is a call is exercised, the Fund Company shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund Company upon such exercise; (f) the net total amount, if any, payable by the Fund Company upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the FundCompany, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Optionoption; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Segregated Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Segregated Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; and (g) the amount, if any, to be received by the Fund; andthe amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Fu- tures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Fu- tures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited de- posited in the Senior Security Account for such Series. The Custodian Custo- xxxx shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account 20 -19- for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission com mission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to on the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, ,into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option Op- tion was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into in to the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Future,s Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract Con~tract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: : (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Optionoption; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited withdrawn in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable money and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the depositswithdrawals, if any, into the Senior Security Account as specified in the 19 -18- Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.the

Whenever a Futures. Contract Option written by the Fund Corporation which is a call is exercised, the Fund Corporation shall promptly deliver to the Custodian a Certificate Proper Instruction specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund Corporation upon such exercise; (f) the net total amount, if any, payable by the Fund Corporation upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Collateral Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the FundCorporation, if any, specified in such Certificate Proper Instruction make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the CertificateProper Instruction. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which Trust pursuant to paragraph 1 is a call is exercisedexercised by the Trust, the Fund Trust shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseTrust; (g) the amount, if any, to be received by the Trust; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspayments of money, if any, and the depositsdeposits of Securities, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable to be received by the Fund upon such exerciseFund; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which Company pursuant to paragraph 1 is a call is exercisedexercised by the Company, the Fund Company shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseCompany; (g) the amount, if any, to be received by the Company; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) :the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable to be received by the Fund upon such exerciseFund; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which Corporation pursuant to paragraph 1 is a call is exercisedexercised by the Corporation, the Fund Corporation shall promptly deliver to the Custodian a Certificate Proper Instruction specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseCorporation; (g) the amount, if any, to be received by the Corporation; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Collateral Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as Collateral Accounts specified in the CertificateProper Instruction. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allo- cated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Optionoption; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such the Futures Contract Option exer cised was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission commi ssion merchant through whom such which the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund; (g) the amount, if any, to be received by the Fund upon for the account of such exerciseSeries; and (gh) the amount of cash and/or the amount amo unt and kind of Securities to be deposited in the Senior Segregated Security Account for such SeriesAccount. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate shall make the payments, if any, and the deposits, if any, into the Senior Segregated Security Account as specified in the Certificate. The deposits, if any, to be b e made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option Op tion (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to the Fundsuch Series, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically specific ally allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the paymentspayments of money, if any, and the depositsdeposits of Securities, if any, into the Senior Security Secur- ity Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund Corporation and which is a call put is exercised, the Fund Corporation shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund Corporation upon such exercise; (f) the net total amount, if any, payable by the Fund Corporation upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundCorporation, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund Company and which is a call put is exercised, the Fund Company shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund Company upon such exercise; (f) the net total amount, if any, payable by the Fund Company upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundCompany, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by a Series of the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which wrote such Futures Contract Option was specifically allocatedOption; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund Series upon such exercise; (f) the net total amount, if any, payable by the Fund Series upon such exercise; (g) the amount of cash and/or amount and kind of Securities to be deposited in a Margin Account, and the name in which such account is to be or has been established; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its Upon receipt of any confirmation required by the Margin Account Agreement and of the net total amount payable to the FundSeries, if any, specified in such Certificate Certificate, the Custodian shall make the payments, if any, and the deposits, if any, into the Margin Account (in accordance with the Margin Account Agreement) and/or the Senior Security Account Account, as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the payments, payments if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or 21 withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercisedexcised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to on the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund Trust and which is a call put is exercised, the Fund Trust shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund Trust upon such exercise; (f) the net total amount, if any, payable by the Fund Trust upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundTrust, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund Corporation which is a call is exercised, the Fund Corporation shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Contact Option was exercised; (e) the net total amount, if any, payable to the Fund Corporation upon such exercise; (f) the net total amount, if any, payable by the Fund Corporation upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the FundCorporation, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, ,the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call Put Option is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such the Futures Contract Option exerci sed was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom which such Futures Contract Contr act Option was is exercised; (e) the net total amount, if any, payable to the Fund for the account of such Series upon such exercise; (f) the net total amount, if any, payable by the Fund for the account of such Series upon such exercise; and (g) the amount of cash and/or the amount amo unt and kind of Securities and/or cash to be withdrawn from or deposited in the Senior Segregated Security Account for such SeriesAccount, if any. The Custodian shall, upon its receipt of the net total amount payable to the FundFund for the account of such Series, if any, specified in such Certificate the Certificate, make the payments, if any, and the deposits, if any, into the Senior Segregated Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance acco rdance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Segregated Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Segregated Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian Subcustodian a Certificate specifying: (a) the Series to which such Futures Contract Option option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian Subcustodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) :the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option option was specifically allocated; (b) the particular Futures Contract Option option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by a Series of the Fund which pursuant to paragraph 1 is a call is exercisedexercised by such Series, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which exercised such Futures Contract Option was specifically allocatedOption; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; and (g) the amount, if any, to be received by the Fund; (h) the amount of cash and/or the amount and kind of Securities to be deposited in a Margin Account, and the name in which such Margin Account is to be or has been established; (i) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt shall make out of the net total amount payable to the Fund, if any, specified in assets of such Certificate make Series the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocatedal- located; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the money and Securities specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written purchased by the Fund which pursuant to paragraph 1 is a call is exercisedexercised by the Fund, the Fund shall promptly deliver to the Custodian a Certificate specifying: : (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option (put or call) being exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the date of exercise; (e) the name of the broker or futures commission merchant through whom such the Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exerciseFund; (g) the amount, if any, to be received by the Fund; and (gh) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shallshall make, upon its receipt out of the net total amount payable moneys and Securities specifically allocated to such Series, the Fund, if any, specified in such Certificate make the payments, payments if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option which is written by the Fund and which is a call put is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the such Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was is exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities and/or cash to be withdrawn from or deposited in in, the Senior Security Account Ac- count for such Series, if any. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in the Certificate, make out of the moneys and Securi- ties specifically allocated to such Certificate make Series, the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The depositsdeposits to and/or withdrawals from the Margin Account, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Segregated Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Segregated Account as specified in the Certificate. The deposits, if any, to be made to the Margin Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Whenever a Futures. Contract Option written by the Fund which is a call is exercised, the Fund shall promptly deliver or cause the Administrator to deliver to the Custodian a Certificate specifying: (a) the Series to which such Futures Contract Option was specifically allocated; (b) the particular Futures Contract Option exercised; (c) the type of Futures Contract underlying the Futures Contract Option; (d) the name of the broker or futures commission merchant through whom such Futures Contract Option was exercised; (e) the net total amount, if any, payable to the Fund upon such exercise; (f) the net total amount, if any, payable by the Fund upon such exercise; and (g) the amount of cash and/or the amount and kind of Securities to be deposited in the Senior Security Account for such Series. The Custodian shall, upon its receipt of the net total amount payable to the Fund, if any, specified in such Certificate make the payments, if any, and the deposits, if any, into the Senior Security Account as specified in the Certificate. The deposits, if any, to be made to the Margin 14 Account shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.