GLOBAL CUSTODY RIDER TO DOMESTIC CUSTODY AGREEMENT

Exhibit (g)(2)

GLOBAL CUSTODY RIDER
TO DOMESTIC CUSTODY AGREEMENT
BETWEEN
NETS TRUST
AND
JPMORGAN CHASE BANK, N.A.

GLOBAL CUSTODY RIDER

TO

DOMESTIC CUSTODY AGREEMENT

1. INTENTION OF THE PARTIES; DEFINITIONS

1.1 Intention of the Parties.

	(a)		This Rider together with the Domestic Custody Agreement sets out the terms on which Bank will be providing custodial, settlement and other associated services to the Customer with respect to Global Securities (i.e., Securities other than U.S. Securities, which are governed exclusively by the terms of the Domestic Custody Agreement). To the extent there are any inconsistencies between the terms of the Domestic Custody Agreement and the terms of this Rider, the terms of this Rider shall govern.
	(b)		Investing in Financial Assets and cash in foreign jurisdictions may involve risks of loss or other special features. The Customer acknowledges that Bank is not providing any legal, tax or investment advice in providing the services under this Rider and will not be liable for any losses resulting from Country Risk.

1.2 Definitions.

     All capitalized terms used in this Rider, unless defined herein, shall have the meanings given to such terms as set forth in the Domestic Custody Agreement.

“1940 Act” means Investment Company Act of 1940, as amended.

“Affiliated Subcustodian” means a Subcustodian that is an Affiliate.

“Bank” means JPMorgan Chase Bank, N.A.

“Bank’s London Branch” means the London branch office of JPMorgan Chase Bank, N.A.

“Country Risk” means the risk of investing or holding assets in a particular country or market, including, but not limited to, risks arising from nationalization, expropriation or other governmental actions; the country’s financial infrastructure, including prevailing custody, tax and settlement practices; laws applicable to the safekeeping and recovery of Financial Assets and cash held in custody; the

- 1 -

regulation of the banking and securities industries, including changes in market rules; currency restrictions, devaluations or fluctuations; and market conditions affecting the orderly execution of securities transactions or the value of assets.

“Customer” means NETS Trust.

“Domestic Custody Agreement” or “DCA” means the Domestic Custody Agreement between Bank and Customer.

“Eligible Foreign Custodian” means: (i) a banking institution or trust company, incorporated or organized under the laws of a country other than the United States, that is regulated as such by that country’s government or an agency thereof; (ii) a majority-owned direct or indirect subsidiary of a U.S. bank or bank holding company which subsidiary is incorporated or organized under the laws of a country other than the United States; and (iii) any other entity (other than an Eligible Securities Depository) that shall have been so qualified by exemptive order, rule or other appropriate action of the SEC.

“Eligible Securities Depository” has the meaning as set forth in paragraph (a) of Section 2.10 of this Rider.

“Financial Assets” as used in this Rider shall relate exclusively to Global Securities.

“Foreign Custody Manager” has the meaning as set forth in paragraph (a) of Section 2.10 of this Rider.

“Global Securities” has the meaning as set forth in paragraph (a) of Section 1.1 of this Rider.

“SEC” means the Securities and Exchange Commission.

“Subcustodian” means any of the subcustodians appointed by Bank from time to time to hold Securities and act on its behalf in different jurisdictions (and being at the date of this Rider the entities listed in Schedule 1) and includes any Affiliated Subcustodian. Subcustodians are Securities Intermediaries. Bank Indemnitees shall include Subcustodians and their nominees, directors, officers, employees and agents.

“U.S. Bank” means a U.S. bank as defined in SEC rule 17f-5(a)(7) of the 1940 Act.

2. WHAT BANK IS REQUIRED TO DO

2.1 Cash Accounts.

- 2 -

	(a)		For the purpose of this Rider, Cash Accounts mean one or more deposit accounts in the name of Customer at Bank’s London Branch. Any cash so deposited with Bank’s London Branch shall be payable exclusively by Bank’s London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.
	(b)		Notwithstanding paragraph (a) hereof, cash held in respect of those markets where Customer is required to have a cash account in its own name held directly with the relevant Subcustodian or Security Depository will be held in that manner and will not be part of the Cash Account.

2.2 Segregation of Assets; Nominee Name.

	(a)		Bank will require each Subcustodian to identify in its own records that Financial Assets held at such Subcustodian by Bank on behalf of its customers belong to customers of Bank (to the extent permitted by Applicable Law or market practice), such that it is readily apparent that the Financial Assets do not belong to Bank or the Subcustodian.
	(b)		Bank and Subcustodian are authorized to register in the name of Subcustodian such Financial Assets as are customarily held in registered form. Customer authorizes Bank or its Subcustodian to hold Financial Assets in omnibus accounts on a fungible basis and to accept delivery of Financial Assets of the same class and denomination as those deposited with Bank or its Subcustodian.

	2.3		Income Collection; AutoCredit.
			Bank shall provide income collection and AutoCredit service for Global Securities as set forth in Section 2.7 of the DCA.

	2.4		Contractual Settlement Date Accounting.
			If Customer has elected to have “contractual settlement date accounting” basis service for the Global Securities credited to its Securities Account, Bank will provide such service with respect to the settlement of transactions in those global markets where the service is offered as provided in Section 2.5 of the DCA.

2.5 Proxy Voting with respect to Global Securities.

- 3 -

	(a)		Bank will monitor information distributed to holders of Financial Assets about upcoming shareholder meetings, promptly notify the Customer of such information and, subject to Section 2.5(c) hereof, act in accordance with Customer’s Instructions in relation to such meetings (the “Proxy Voting Service”). If information is received by Bank at its proxy voting department too late to permit timely voting by Customer, Bank’s only obligation will be to provide, so far as reasonably practicable, a Notification (or summary information concerning a Notification) on an “information only” basis.
	(b)		The Proxy Voting Service is available only in certain markets, details of which are available from Bank on request. Provision of the Proxy Voting Service is conditional upon receipt by Bank of a duly completed enrollment form as well as additional documentation that may be required for certain markets. In markets where the active proxy voting service is not available or where Bank has not received a duly completed enrollment form or other relevant documentation requesting the provision of the active proxy voting service on behalf of the Customer, Bank will not provide Notifications to Customer but will endeavor to act upon Instructions to vote on matters before meetings of holders of Financial Assets where it is reasonably practicable for Bank (or its Subcustodians or nominees as the case may be) to do so and where such Instructions are received in time for Bank to take timely action.
	(c)		The Proxy Voting Service does not include physical attendance at shareholder meetings. Requests for physical attendance at shareholder meetings can be made but they will be evaluated and agreed to by Bank on a case by case basis.
	(d)		Customer acknowledges that the provision of the Proxy Voting Service may be precluded or restricted under a variety of circumstances. These circumstances include, but are not limited to:

	(i)		the Financial Assets being on loan or out for registration;
	(ii)		the pendency of conversion or another corporate action;
	(iii)		the Financial Assets being held in a margin or collateral account at Bank or another bank or broker, or otherwise in a manner which affects voting; and

- 4 -

(iv) local market regulations or practices, or restrictions by the issuer.

Additionally, in some cases Bank may be required by local law or regulation to vote all shares held for a particular issue for all of Bank’s customers in the same way. Bank will inform Customer where this is the case.

	2.6		Access to Subcustodian’s Records.
			Subject to restrictions under Applicable Law, Bank will obtain an undertaking to permit Customer’s auditors and independent public accountants reasonable access to the records of any Subcustodian of Financial Assets held in the Securities Account as may be required in connection with such examination. Bank will obtain an undertaking to require Subcustodian to preserve such records for the applicable periods which the Bank is, or may be, required to preserve in accordance with laws, rules and regulations applicable to Bank.

	2.7		Maintenance of Financial Assets at Subcustodian Locations.
			Unless Instructions (as detailed in Article 3 entitled “Instructions” of the DCA) require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired or where such Financial Assets are held. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 1 to this Rider, as in effect from time to time.

	2.8		Tax Relief Services.
			Bank will provide for Global Securities, as set forth in Section 8.2 of the DCA, the same tax relief services that Bank provides for American Depository Receipts.

	2.9		Foreign Exchange Transactions.
			To facilitate the administration of Customer’s trading and investment activity, Bank may, but will not be obliged to, enter into spot or forward foreign exchange contracts with Customer, or an Authorized Person, and may also provide foreign exchange contracts and facilities through its Affiliates or Subcustodians. Instructions, including standing Instructions, may be issued with respect to such contracts, but Bank may establish rules or limitations concerning any foreign exchange facility made available. In

- 5 -

all cases where Bank, its Affiliates or Subcustodians enter into a master foreign exchange contract that covers foreign exchange transactions for the Accounts, the terms and conditions of that foreign exchange contract and, to the extent not inconsistent, this Rider, will apply to such transactions.

2.10 Compliance with SEC rule 17f-5 (“rule 17f-5”).

	(a)		Customer’s board of directors (or equivalent body) (hereinafter “Board”) hereby delegates to Bank, and, except as to the country or countries as to which Bank may, from time to time, advise Customer that it does not accept such delegation, Bank hereby accepts the delegation to it, of the obligation to perform as Customer’s “Foreign Custody Manager” (as that term is defined in rule 17f-5(a)(3) as promulgated under the 1940 Act), including for the purposes of: (i) selecting Eligible Foreign Custodians (as that term is defined in rule 17f-5(a)(1), and as the same may be amended from time to time, or that have otherwise been exempted pursuant to an SEC exemptive order) to hold foreign Financial Assets and cash, (ii) evaluating the contractual arrangements with such Eligible Foreign Custodians (as set forth in rule 17f-5(c)(2)) and (iii) monitoring such foreign custody arrangements (as set forth in rule 17f-5(c)(3)).
	(b)		In connection with the foregoing, Bank shall:

	(i)		provide written reports notifying Customer’s Board of the placement of Financial Assets and cash with particular Eligible Foreign Custodians and of any material change in the arrangements with such Eligible Foreign Custodians and also provide a description of Bank’s threshold for determination that a change in arrangement is material, with such reports to be provided to Customer’s Board at such times as the Board deems reasonable and appropriate based on the circumstances of Customer’s foreign custody arrangements (and, until further notice from Customer, such reports shall be provided not less than quarterly with respect to the placement of Financial Assets and cash with particular Eligible Foreign Custodians and with reasonable promptness upon the occurrence of any material change in the arrangements with such Eligible Foreign Custodians), Customer considers any change that affects safe custody, beneficial ownership or transferability of Customer’s Financial Assets and cash to constitute a “material change”;
	(ii)		exercise such reasonable care, prudence and diligence in performing as Customer’s Foreign

- 6 -

			Custody Manager as a person having responsibility for the safekeeping of foreign Financial Assets and cash would exercise;
	(iii)		in selecting an Eligible Foreign Custodian, first have determined that foreign Financial Assets and cash placed and maintained in the safekeeping of such Eligible Foreign Custodian shall be subject to reasonable care, based on the standards applicable to custodians in the relevant market, after having considered all factors relevant to the safekeeping of such foreign Financial Assets and cash, including, without limitation, those factors set forth in Rule 17f-5(c)(1)(i)-(iv) of the 1940 Act;
	(iv)		determine that the written contract with an Eligible Foreign Custodian satisfies the requirements of Rule 17f-5(c)(2), requires that the Eligible Foreign Custodian shall provide reasonable care for foreign Financial Assets and cash based on the standards applicable to custodians in the relevant market and provides indemnification of Customer for losses arising out of or in connection with the Eligible Foreign Custodian’s performance of its obligations; and
	(v)		have established a system to monitor the continued appropriateness of maintaining foreign Financial Assets and cash with particular Eligible Foreign Custodians and of the governing contractual arrangements in accordance with Rule 17f-5(c)(3); it being understood, however, that in the event that Bank shall have determined that the existing Eligible Foreign Custodian in a given country would no longer afford foreign Financial Assets and cash reasonable care and that no other Eligible Foreign Custodian in that country would afford reasonable care, Bank shall promptly so advise Customer and shall then act in accordance with the Instructions of Customer with respect to the disposition of the affected foreign Financial Assets and cash. Bank shall also notify Customer of any other material change in the foreign custody arrangements.

- 7 -

			Subject to (b)(i)-(v) above, Bank is hereby authorized to place and maintain foreign Financial Assets and cash on behalf of Customer with Eligible Foreign Custodians pursuant to a written contract deemed appropriate by Bank.
	(c)		Except as expressly provided herein, Customer shall be solely responsible to assure that the maintenance of foreign Financial Assets and cash hereunder complies with the rules, regulations, interpretations and exemptive orders as promulgated by or under the authority of the SEC.
	(d)		Bank represents to Customer that it is a U.S. Bank as defined in Rule 17f-5(a)(7) of the 1940 Act. Customer represents to Bank that: (1) the foreign Financial Assets and cash being placed and maintained in Bank’s custody are subject to the 1940 Act, as the same may be amended from time to time; (2) (i) its Board has determined that it is reasonable to rely on Bank to perform as Customer’s Foreign Custody Manager or (ii) its Board or its investment adviser shall have determined that Customer may maintain foreign Financial Assets and cash in each country in which Customer’s Financial Assets and cash shall be held hereunder and determined to accept Country Risk. Nothing contained herein shall require Bank to make any selection or to engage in any monitoring on behalf of Customer that would entail consideration of Country Risk.
	(e)		Bank shall provide to Customer such information relating to Country Risk as is specified in Appendix 1-A hereto. Customer hereby acknowledges that: (i) such information is solely designed to inform Customer of market conditions and procedures and is not intended as a recommendation to invest or not invest in particular markets; and (ii) Bank has gathered the information from sources it considers reliable, but that Bank shall have no responsibility for inaccuracies or incomplete information provided that Bank has used reasonable care in gathering the information and selecting the sources.

2.11 Compliance with SEC rule 17f-7 of the 1940 Act (“rule 17f-7”)

(a) Bank shall, for consideration by Customer, provide an analysis in accordance with maintaining Customer’s foreign Financial Assets and cash with each Eligible Securities Depository used by Bank as of the date hereof (or, in the case of an Eligible Securities Depository not used by Bank as of the date hereof, prior to the initial placement of Customer’s foreign Financial Assets and cash at such

- 8 -

			Depository) and at which any foreign Financial Assets and cash of Customer are held or are expected to be held. The foregoing analysis will be provided to Customer at Bank’s Website. In connection with the foregoing, Customer shall notify Bank of any Eligible Securities Depositories at which it does not choose to have its foreign Financial Assets and cash held. Bank shall monitor the custody risks associated with maintaining Customer’s foreign Financial Assets and cash at each such Eligible Securities Depository on a continuing basis and shall promptly notify Customer or its adviser of any material changes in such risks.
	(b)		Bank shall exercise reasonable care, prudence and diligence in performing the requirements set forth in Section 2.11(a) above.
	(c)		Based on the information available to it in the exercise of diligence, Bank shall determine the eligibility under rule 17f-7 of each depository before including it on Appendix 1-B hereto and shall promptly advise Customer if any Eligible Securities Depository ceases to be eligible. (Eligible Securities Depositories used by Bank as of the date hereof are set forth in Appendix 1-B hereto, and as the same may be amended on notice to Customer from time to time.)

	2.12		Section 17(f)
			Bank acknowledges that it satisfies the requirements for a company that maintains custody of the investments of a registered management investment company as set forth in applicable provisions of Section 17(f) of the 1940 Act.

3.		INSTRUCTIONS
		Bank will act upon all Instructions received from Customer with respect to the Financial Assets and cash held for the Accounts in accordance with Article 3 of the DCA and this Rider.
4.		FEES, EXPENSES AND OTHER AMOUNTS OWING TO BANK

	4.1		Fees and Expenses.
			Customer will pay Bank for its services under this Rider such fees as may be agreed upon in writing from time to time, together with Bank’s reasonable out-of-pocket or incidental expenses, including, but not limited to, reasonable legal fees. Invoices will be payable within sixty (60) days of the date of the invoice. If the Customer disputes an invoice, it shall nevertheless pay on or before the date that payment is due such portion of the invoice as is not subject to a bona fide dispute. The Bank may deduct amounts invoiced from the Cash Account except to the extent that the

- 9 -

Customer has objected to the invoice within sixty (60) days of the date of the invoice (or such other period as the parties may agree in writing).

	4.2		Overdrafts.
			If a debit to any currency in the Cash Account results in a debit balance in that currency, then Bank may, in its discretion, (i) advance an amount equal to the overdraft, (ii) reject the settlement in whole or in any part, or (iii) if posted to the Securities Account, reverse the posting of the Financial Assets credited to the Securities Account. If Bank elects to make such an advance, the advance will be deemed a loan to Customer, payable on demand, bearing interest at the applicable rate charged by Bank from time to time, for such overdrafts from the date of such advance to the date of payment (both after as well as before judgment) and otherwise on the terms on which Bank makes similar overdrafts available from time to time. No prior action or course of dealing on Bank’s part with respect to the settlement of transactions on Customer’s behalf will be asserted by Customer against Bank for Bank’s refusal to make advances to the Cash Account or to settle any transaction for which Customer does not have sufficient available funds in the Account.

5. SUBCUSTODIANS

5.1 Appointment of Subcustodians.

	(a)		Bank is authorized under this Rider to act through and hold Customer’s Financial Assets with subcustodians, being at the date of this Rider the entities listed in Schedule 1 and/or such other entities as Bank may appoint as subcustodians (“Subcustodians”). Bank will use reasonable care in the selection, monitoring and continued appointment of such Subcustodians. In addition, Bank and each Subcustodian may deposit Securities with, and hold Securities in any Securities Depository that meets the requirements of Rule 17f-7 under the 1940 Act on such terms as such Securities Depository customarily operates and Customer will provide Bank with such documentation or acknowledgements that Bank may require to hold the Financial Assets in such Securities Depository. At the request of Customer, Bank may, but need not, add to Appendix 1-B an Eligible Foreign Custodian where Bank has not acted as Foreign Custody Manager with respect to the selection thereof. Bank shall notify Customer in the event that it elects to add any such entity.
	(b)		Any agreement Bank enters into with a Subcustodian for holding Bank’s customers’ assets will provide that such assets will not be subject to any right, charge, security interest, lien or claim of any kind in favor of such Subcustodian or its creditors except a claim for

- 10 -

payment for their safe custody or administration, and, in the case of cash deposits, except for liens or rights in favor of creditors of Subcustodian arising under bankruptcy, insolvency or similar law, that the beneficial ownership thereof will be freely transferable without the payment of money or value other than for safe custody or administration. Bank shall be responsible for all claims for payment of fees for safe custody or administration so that no Subcustodian exercises any claim for such payment against Customer’s assets. Where a Subcustodian deposits Securities with a Securities Depository, Bank will cause the Subcustodian to identify on its records as belonging to Bank, as agent, the Securities shown on the Subcustodian’s account at such Securities Depository. The foregoing will not apply to the extent of any special agreement or arrangement made by Customer with any particular Subcustodian.

5.2 Liability for Subcustodians.

(a) Subject to the limitations of liability of Bank set forth in paragraph (b) of Section 7.1 of the DCA, Bank will be liable only for direct losses incurred by Customer that result from:

	(i)		the failure by a Subcustodian to use reasonable care in the provision of custodial services by it in accordance with the standards prevailing in the relevant market or from the fraud or willful default of such Subcustodian in the provision of custodial services by it; or
	(ii)		the insolvency of any Affiliated Subcustodian.

	(b)		Subject to paragraph (a) of Section 5.1 of this Rider and Bank’s duty to use reasonable care in the monitoring of a Subcustodian’s financial condition as reflected in its published financial statements and other publicly available financial information concerning it customarily reviewed by Bank in its oversight process, Bank will not be responsible for the insolvency of any Subcustodian which is not a branch or an Affiliated Subcustodian.
	(c)		Bank reserves the right to add, replace or remove Subcustodians. Bank will give prompt notice of any such action, which will be advance notice if practicable. Upon request by Customer, Bank will identify the name, address and principal place of business of any Subcustodian and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian.

5.3 Liability for Securities Depositories

- 11 -

Bank is not responsible for the selection or monitoring of any Securities Depository and will not be liable for any act or omission by (or the insolvency of) any Securities Depository. In the event Customer incurs a loss due to the negligence, willful misconduct, bad faith or insolvency of a Securities Depository, Bank will make good faith efforts, in its discretion, to seek recovery from the Securities Depository, but Bank will not be obligated to institute legal proceedings, file a proof of claim in any insolvency proceeding or take any similar action.

6.		WHEN BANK IS LIABLE TO CUSTOMER
		Bank shall be entitled to all the protective provisions of Article 7 of the DCA in the performance of its duties and obligations under this Rider. Subcustodians shall be entitled to indemnification under paragraph (c) of Section 7.1 of the DCA as Bank Indemnitees. Nevertheless, Customer shall not be obligated to indemnify any Subcustodian under Section 7.1(c) of the DCA as Bank’s agent with respect to any Liability for which Bank is liable under Section 5.2 of this Rider. For purposes of clarity, it is agreed that as used in paragraph (a) of Section 5.2 of this Rider, the term Subcustodian shall not include any Eligible Foreign Custodian as to which Bank has not acted as Foreign Custody Manager.

7.		ADDITIONAL TAX OBLIGATIONS
		Customer will provide to Bank such certifications, documentation and information as it may require in connection with taxation, and warrants that, when given, this information is true and correct in every respect, not misleading in any way and contains all material information. Customer undertakes to notify Bank promptly if any information requires updating or correcting.

8. MISCELLANEOUS

	8.1		Information Concerning Deposits at Bank’s London Branch.
			The Financial Services Compensation Scheme (the “FSCS”) was created under the Financial Services and Markets Xxx 0000. The terms of the FSCS offer protection in connection with deposits and investments in the event of the person to whom Bank’s London Branch provides services suffering a financial loss as a direct consequence of Bank’s London Branch being unable to meet any of its liabilities, and subject to the FSCS rules regarding eligible claimants and eligible claims, the Customer may have a right to claim compensation from the FSCS. Subject to the terms of the FSCS, the limit on the maximum compensation sum payable by the FSCS in relation to investment business is £48,000 and in relation to deposits is £31,700. A detailed description of the FSCS (including information on how to make a

- 12 -

			claim, eligibility criteria and the procedures involved) is available from the FSCS who can be contacted at 0xx Xxxxx, Xxxxxx Xxxxxxxx, Xxxxxxxxx Xxxxxx, Xxxxxx, X0 0XX.
	8.2		Severability and Waiver.

	(a)		If one or more provisions of this Rider are held invalid, illegal or unenforceable in any respect on the basis of any particular circumstances or in any jurisdiction, the validity, legality and enforceability of such provision or provisions under other circumstances or in other jurisdictions and of the remaining provisions will not in any way be affected or impaired.
	(b)		Except as otherwise provided herein, no failure or delay on the part of either party in exercising any power or right under this Rider operates as a waiver, nor does any single or partial exercise of any power or right preclude any other or further exercise, or the exercise of any other power or right. No waiver by a party of any provision of this Rider, or waiver of any breach or default, is effective unless in writing and signed by the party against whom the waiver is to be enforced.
	(c)		The parties’ rights, protections and remedies under this Rider shall survive its termination.
	(d)		This Rider is executed on behalf of the Board of Trustees of Customer as Trustees and not individually and the obligations of this Rider are not binding upon any of the Trustees, officers or shareholders personally but are binding only upon the assets and property of the Funds. With respect to the obligations of each Fund arising hereunder, Bank shall look for payment or satisfaction of any such obligation solely to the assets of the Fund to which such obligation relates as though Bank had separately contracted by separate written instrument with respect to each Fund, and in no event shall Bank have recourse, by set-off or otherwise, to or against any assets of any other Fund.

	8.3		Sections Incorporated by Reference.
			For the avoidance of doubt, the entire Article 10 of the DCA is incorporated by reference into this Rider. All references to “Agreement” therein shall be read to include this Rider.
	8.4		Use of Names.

- 13 -

Customer shall not use Bank’s name in any offering material, shareholder report, advertisement or other material relating to Customer, other than for the purpose of merely identifying and describing the functions of Bank hereunder, in a manner not approved by Bank in writing prior to such use; provided, however, that Bank shall consent to all uses of its name required by the SEC, any state securities commission, or any federal or state regulatory authority; and provided, further, that in no case shall such approval be unreasonably withheld.

The Bank shall not use Customer’s name, specifically the names “NETS” and “Northern,” in any offering material, shareholder report, advertisement or other material relating to the Bank, other than for the purpose of merely identifying and describing the functions of Customer hereunder, in a manner not approved by Customer in writing prior to such use; provided, however, that Customer shall consent to all uses of its name required by the SEC, any state securities commission, or any federal or state regulatory authority; and provided, further, that in no case shall such approval be unreasonably withheld.

8.5 Termination.

	(a)		The initial term of this Agreement shall be for a period of three (3) years (“Initial Term”) following the date on which Bank commenced providing services under the Agreement. Following the Initial Term, Customer may terminate this Agreement on sixty (60) days’ written notice to Bank. Bank may terminate this Agreement on one hundred and eighty (180) days’ written notice to Customer.
	(b)		Notwithstanding Section 8.5(a):

(i)     Either party may terminate this Agreement immediately on written notice to the other party in the event that a material breach of this Agreement by the other party has not been cured within thirty (30) days of that party being given written notice of the material breach;

(ii)    Bank may terminate this Agreement on sixty (60) days’ written notice to Customer in the event that Bank reasonably determines that Customer has ceased to satisfy Bank’s customary credit requirements; and

(ii)    Customer may terminate this Agreement at any time during the Initial Term on sixty (60) days’ written notice to Bank upon payment of a termination fee. The termination fee will be an amount equal to thirty six (36) minus the number of months elapsed since the date the Bank commenced providing services under this Agreement times the average monthly fees paid during the six month period prior to Customer’s notice of termination, or since the date Bank commenced providing services under this Agreement if that period is less than six months.

- 14 -

	8.6		Force Majeure
			Bank will maintain and update from time to time business continuation and disaster recovery procedures with respect to its global custody business that it determines from time to time meet reasonable commercial standards. Bank will have no liability, however, where Bank has otherwise exercised reasonable care, for any damage, loss, expense or liability of any nature that Customer may suffer or incur, caused by an act of God, fire, flood, civil or labor disturbance, war, terrorism, act of any governmental authority or other act or threat of any authority (de jure or de facto), legal constraint, fraud or forgery (except by Bank Indemnitees), malfunction of equipment or software (except where such malfunction is primarily attributable to Bank’s negligence or wilful misconduct in selecting, operating or maintaining the equipment or software), failure of or the effect of rules or operations of any external funds transfer system, inability to obtain or interruption of external communications facilities, or any cause beyond the reasonable control of Bank (including, without limitation, the non-availability of appropriate foreign exchange) provided that Bank has notified Customer promptly when it becomes aware of a specific occurrence or event and, subject to the circumstances, has used its commercially reasonable efforts as would be expected of a professional custodian to resolve the adverse effects of the specific occurrence or event.

NETS Trust severally and on behalf of each Fund listed on Appendix A of the Domestic Custody Agreement.				JPMORGAN CHASE BANK, N.A.
By:		/s/ Xxxxxxx X. Xxxxxx		By:		/s/ Xxxxx X. Xxxxx
Name:		Xxxxxxx X. Xxxxxx		Name:		Xxxxx X. Xxxxx
Title:		President		Title:		Executive Director
Date:		February 26, 2008		Date:		February 26, 2008

- 15 -

Appendix 1-A

Information Regarding Country Risk

     1. To aid Customer in its determinations regarding Country Risk, Bank shall furnish annually and upon the initial placing of Financial Assets and cash into a country the following information (check items applicable):

     A. Opinions of local counsel concerning:

     i. Whether applicable foreign law would restrict the access afforded Customer’s independent public accountants to books and records kept by an eligible foreign custodian located in that country.

     ii. Whether applicable foreign law would restrict Customer’s ability to recover its Financial Assets and cash in the event of the bankruptcy of an Eligible Foreign Custodian located in that country.

     iii. Whether applicable foreign law would restrict Customer’s ability to recover Financial Assets that are lost while under the control of an Eligible Foreign Custodian located in the country.

       B. Written information concerning:

     i. The foreseeability of expropriation, nationalization, freezes, or confiscation of Customer’s Financial Assets.

     ii. Whether difficulties in converting Customer’s cash and cash equivalents to U.S. dollars are reasonably foreseeable.

       C. A market report with respect to the following topics:

(i) securities regulatory environment, (ii) foreign ownership restrictions, (iii) foreign exchange, (iv) securities settlement and registration, (v) taxation, and (vi) depositories (including depository evaluation), if any.

     2. To aid Customer in monitoring Country Risk, Bank shall furnish board the following additional information:

     Market flashes, including with respect to changes in the information in market reports.

- 16 -

Appendix 1-B

SUBCUSTODIAN NETWORK AND ELIGIBLE SECURITIES DEPOSITORIES

Agent and Cash Network

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
ARGENTINA		HSBC Bank Argentina S.A.		HSBC Bank Argentina S.A.
		Florida 000, 0xx Xxxxx		Xxxxxx Xxxxx
		0000 Xxxxxx Xxxxx
		XXXXXXXXX
AUSTRALIA		JPMorgan Chase Bank, N.A.**		Australia and New Zealand Banking Group Ltd.
		Xxxxx 00		Xxxxxxxxx
		AAP Center 000, Xxxxxx Xxxxxx Xxxxxx XXX 0000
		XXXXXXXXX
AUSTRIA		Bank Austria Creditanstalt AG		X.X. Xxxxxx AG
		Xxxxxx Xxxxxxx Xxxxx - 0		Xxxxxxxxx
		X - 0000 Xxxxxx
		XXXXXXX
BAHRAIN		HSBC Bank Middle East Limited		National Bank of Bahrain
		1st Floor, Building No 2505, Road No 2832		Manama
		Al Seef 428
		BAHRAIN
BANGLADESH		Standard Chartered Bank		Standard Chartered Bank
		18 - 20 Motijheel C.A		Dhaka
		Xxx 000
		Xxxxx - 0000
		XXXXXXXXXX
XXXXXXX		Fortis Bank (Nederland) N.V.		X.X. Xxxxxx AG
		Rokin 00		Xxxxxxxxx
		0000XX Xxxxxxxxx
		THE NETHERLANDS
BERMUDA		The Bank of Bermuda Limited		The Bank of Bermuda Limited
		0 Xxxxx Xxxxxx		Xxxxxxxx
		Xxxxxxxx HMDX
		BERMUDA
BOTSWANA		Barclays Bank of Botswana Limited		Barclays Bank of Botswana Limited
		Barclays House, Khama Crescent		Gaborone
		Gaborone
		BOTSWANA

- 17 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
BRAZIL		HSBC Bank Brasil S.A. Banco Multiplo		HSBC Bank Brasil S.A. Banco Multiplo
		Xxxxxxx Xxxxxxxxxx Xxxxx Xxxx 0000, 0xx Xxxxx Xxx Xxxxx, XX 00000 - 000		Sao Paulo
		BRAZIL
BULGARIA		ING Bank N.V.		ING Bank N.V.
		Xxxxx Xxxxxx 00 Xxxx Xxxxxxxxx Xxxxxx		Xxxxx
		Xxxx Xxxxx Xxxxxx
		0000 Xxxxx
		XXXXXXXX
CANADA		Canadian Imperial Bank of Commerce		Royal Bank of Canada
		Xxxxxxxx Xxxxx Xxxx		Xxxxxxx
		Security Level
		Toronto, Ontario M5L 1G9
		CANADA
		Royal Bank of Canada		Royal Bank of Canada
		000 Xxx Xxxxxx, Xxxxx 0000		Xxxxxxx
		00xx Xxxxx
		Xxxxx Xxxx Xxxxx, Xxxxx Xxxxx
		Xxxxxxx Ontario M5J 2J5
		CANADA
CHILE		Citibank Chile S.A.		Citibank Chile S.A.
		Xx. Xxxxxx Xxxxx 0000 0xx Xxxxx		Xxxxxxxx
		Xxx Xxxxxx
		Xxxxxxxx
		XXXXX
CHINA - SHANGHAI		HSBC Bank (China) Company Limited		JPMorgan Chase Bank, N.A
		35/F, HSBC Tower		New York (for B-Share Market)
		1000 Lujiazui Ring Road
		Pudong		HSBC Bank (China) Company Limited
		Shanghai 200120		Shanghai (for A-Share Market)
		THE PEOPLE’S REPUBLIC OF CHINA
CHINA - SHENZHEN		HSBC Bank (China) Company Limited		JPMorgan Chase Bank, N.A.
		00/X, XXXX Xxxxx		Xxxx Xxxx (for B-Share Market)
		1000 Lujiazui Ring Road
		Pudong		HSBC Bank (China) Company Limited
		Shanghai 200120		Shanghai (for A-Share Market)
		THE PEOPLE’S REPUBLIC OF CHINA
COLOMBIA		Santander Investment Trust Colombia S.A.		Santander Investment Trust Colombia X.X.
		Xxxxx 00, Xx. 0 - 00, Xxxx 0		Xxxxxx
		Xxxxxx
		XXXXXXXX

- 18 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
CROATIA		Privredna banka Zagreb d.d.		Zagrebacka banka d.d.
		Xxxxxx x.00		Xxxxxx
		00000 Xxxxxx
		XXXXXXX
CYPRUS		Marfin Popular Bank Public Company Ltd.		Marfin Popular Bank Public Company Ltd.
		000 Xxxxxxxx Xxxxxx		Xxxxxxx
		X.X. Xxx 00000
		CY-1598 Nicosia
		CYPRUS
CZECH REPUBLIC		UniCredit Bank Czech Republic a.s.		Ceskoslovenska obchodni banka, a.s.
		Xxxxxxxxx 0		Xxxxxx
		000 00 Xxxxxx 0
		XXXXX XXXXXXXX
DENMARK		Danske Bank A/S		Nordea Bank Danmark A/S
		2-12 Holmens Kanal		Copenhagen
		DK 1092 Copenhagen K
		DENMARK
EGYPT		Citibank, N.A.		Citibank, N.A.
		4 Xxxxx Xxxxx Street		Cairo
		Garden City
		Cairo
		EGYPT
ESTONIA		Hansabank		SEB Eesti Uhispank
		Liivalaia 8		Tallinn
		EE0001 Tallinn
		ESTONIA
FINLAND		Skandinaviska Enskilda Xxxxxx XX (publ)		X.X. Xxxxxx AG
		Xxxxxxxxxxx 00		Xxxxxxxxx
		XXX-00000 Xxxxxxxx
		XXXXXXX
FRANCE		BNP Paribas Securities Services S.A.		X.X. Xxxxxx AG
		Xxx 000		Xxxxxxxxx
		XX 000
		3, Rue D’Xxxxx
		00000 Xxxxx
		Cedex 02
		FRANCE
		Societe Generale		X.X. Xxxxxx AG
		00 Xxxxxxxxx Xxxxxxxx		Xxxxxxxxx
		00000 Xxxxx
		XXXXXX

- 19 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
GERMANY		Deutsche Bank AG		X.X. Xxxxxx XX
		Xxxxxx-Herrhausen-Allee 16-24		Frankfurt
		D-65760 Eschborn
		GERMANY
		X.X. Xxxxxx AG#**		X.X. Xxxxxx AG
		Xxxxxxxxxxxxxx 00		Xxxxxxxxx
		00000 Xxxxxxxxx xx Xxxx
		XXXXXXX
		# For local German custody clients only.
GHANA		Barclays Bank of Ghana Limited		Barclays Bank of Ghana Limited
		Xxxxxxxx Xxxxx, Xxxx Xxxxxx		Xxxxx
		Xxxxx
		XXXXX
XXXXXX		HSBC Bank plc		X.X. Xxxxxx AG
		Messogion 109-111		Xxxxxxxxx
		00000 Xxxxxx
		XXXXXX
HONG KONG		The Hongkong and Shanghai Banking		JPMorgan Chase Bank, N.A.
		Corporation Limited		Hong Kong
		36th Floor, Sun Hung Kai Centre
		00 Xxxxxxx Xxxx
		Xxx Xxxx
		XXXX XXXX
XXXXXXX		Deutsche Bank Zrt.		ING Bank Rt.
		Hold utca 00		Xxxxxxxx
		X-0000 Xxxxxxxx
		HUNGARY
ICELAND		Glitnir banki hf.		Glitnir banki hf.
		Xxxxxxxxxxxx 0		Xxxxxxxxx
		000 Xxxxxxxxx
		XXXXXXX
XXXXX		The Hongkong and Shanghai Banking		The Hongkong and Shanghai Banking
		Corporation Limited		Corporation Limited
		Xxxxx Xxxx Xxxxx Xxxx,		Mumbai
		Worli Mumbai 400 030
		INDIA
		Standard Chartered Bank		Standard Chartered Bank
		00-00 Xxxxxxx Xxxxxx Xxxx		Xxxxxx
		Mumbai 400 001
		INDIA

- 20 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
INDONESIA		The Hongkong and Shanghai Banking		The Hongkong and Shanghai Banking
		Corporation Limited		Corporation Limited
		Menara Mulia 19th Floor		Jakarta
		Xxxxx Xxxxxxx Xxxxx Xxxxxxx Xxx 0-00
		Xxxxxxx 00000
		XXXXXXXXX
IRELAND		Bank of Ireland		X.X. Xxxxxx AG
		New Century House		Frankfurt
		Mayor Street Lower
		International Financial Services Centre Dublin 1
		IRELAND
ISRAEL		Bank Leumi le-Israel B.M.		Bank Leumi le-Israel B.M.
		00, Xxxxxx Xxxxxx Xxxxxx		Xxx Xxxx
		00000 Tel Aviv
		ISRAEL
ITALY		Intesa Sanpaolo S.p.A.		X.X. Xxxxxx AG
		6, Xxxxxx xxxxx Xxxxx		Xxxxxxxxx
		00000 Xxxxx
		XXXXX
*IVORY COAST*		Société Générale de Banques en Côte d’Ivoire		Societe Generale
		5 et 7, Avenue J. Anoma — 01 B.P. 1355		Paris
		Abidjan 01
		IVORY COAST

*RESTRICTED SERVICE ONLY. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR FURTHER INFORMATION.*

*JAMAICA*		FirstCaribbean International Securities Limited		FirstCaribbean International Securities Limited
		00-00 Xxxxxxxxx Xxxx.		Xxxxxxxx
		Xxxxxxxx 10
		JAMAICA

*RESTRICTED SERVICE ONLY. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR FURTHER INFORMATION.*

JAPAN		Mizuho Corporate Bank, Limited		JPMorgan Chase Bank, N.A.
		0-0 Xxxxxxxxxx-Xxxxxxxxx		Xxxxx
		Xxxx-Xx
		Xxxxx 000
		XXXXX
		The Bank of Tokyo-Mitsubishi UFJ, Limited		JPMorgan Chase Bank, N.A.
		0-0 Xxxxxxxxxx Xxxxxxxxx 0-xxxxx		Xxxxx
		Xxxx-xx
		Xxxxx 000
		XXXXX

- 21 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
JORDAN		HSBC Bank Middle East Limited		HSBC Bank Middle East Limited
		0xx Xxxxx		Xxxxxxx Xxxxx
		0xx Xxxxxx
		Xxxxxxx Xxxxx
		XXXXXX
KAZAKHSTAN		SB HSBC Bank Kazakhstan JSC		SB HSBC Bank Kazakhstan JSC
		00 Xxxxxx Xxxxxx		Xxxxxx
		Xxxxxx 000000
		XXXXXXXXXX
XXXXX		Barclays Bank of Kenya Limited		Barclays Bank of Kenya Limited
		c/o Barclaytrust Investment Services & Limited		Nairobi
		Mezzanine 0, Xxxxxxxx Xxxxx, Xxxxx Xxxxxx
		Xxxxxxx
		XXXXX
XXXXXX		HSBC Bank Middle East Limited		HSBC Bank Middle East Limited
		G/1/2 Floors		Safat
		Kharafi Tower, Qibla Area
		Xxxxx Xxx Xxxxxx Xxxxxx
		Xxxxx 00000
		XXXXXX
XXXXXX		Hansabanka		Hansabanka
		Balasta dambis 1a		Xxxx
		Xxxx, XX-0000
		XXXXXX
LEBANON		HSBC Bank Middle East Limited		JPMorgan Chase Bank, N.A.
		HSBC Main Building		New York
		Riad El Solh, X.X. Xxx 00-0000
		0000-0000 Xxxxxx
		LEBANON
XXXXXXXXX		XXX Xxxxxxxx Xxxxxx		XXX Xxxxxxxx Xxxxxx
		00 Gedimino pr.		Vilnius
		LT 2600 Vilnius
		LITHUANIA
LUXEMBOURG		Fortis Banque Luxembourg S.A.		X.X. Xxxxxx AG
		00 Xxxxxx X.X. Xxxxxxx		Xxxxxxxxx
		X-0000
		XXXXXXXXXX
XXXXXXXX		HSBC Bank Malaysia Berhad		HSBC Bank Malaysia Berhad
		0 Xxxxx Xxxxxx		Xxxxx Xxxxxx
		00000 Xxxxx Xxxxxx
		MALAYSIA

- 22 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
MALTA		HSBC Bank Malta p.l.c.		HSBC Bank Malta p.l.c.
		000 Xxxxxxxx Xxxxxx		Xxxxxxxx
		Xxxxxxxx VLT 05
		MALTA
MAURITIUS		The Hongkong and Shanghai Banking		The Hongkong and Shanghai Banking
		Corporation Limited		Corporation Limited
		0/X Xxx Xxxxxxxx Xxxxxxxx		Xxxx Xxxxx
		Xxxxx Xxxxxx Street
		Port Louis
		MAURITIUS
MEXICO		Banco Nacional de Mexico, S.A.		Banco Santander, S.A.
		Act. Xxxxxxx Xxxxxxxx Xx. 000 0xx Xxxx Xxxxx		Xxxxxx, X.X.
		Colonia Santa Fe
		01210 Mexico, D.F.
		MEXICO
MOROCCO		Attijariwafa Bank S.A.		Attijariwafa Bank S.A.
		000 xxxxxx Xxxxxx XX		Xxxxxxxxxx
		Xxxxxxxxxx 00000
		MOROCCO
NAMIBIA		Standard Bank Namibia Limited		The Standard Bank of South Africa Limited
		Mutual Platz		Johannesburg
		Cnr. Xxxxxxxx and Post Streets
		X.X.Xxx 0000
		Xxxxxxxx
		XXXXXXX
XXXXXXXXXXX		KAS Bank N.V.		X.X. Xxxxxx XX
		Xxxxxxxxxx 000		Xxxxxxxxx
		0000 XX Xxxxxxxxx
		XXXXXXXXXXX
NEW ZEALAND		National Australia Bank Limited		Westpac Banking Corporation
		National Nominees Limited		Wellington
		Level 2 BNZ Tower
		000 Xxxxx Xxxxxx
		Xxxxxxxx
		XXX XXXXXXX
*NIGERIA*		IBTC Chartered Bank Plc		The Standard Bank of South Africa Limited
		Xxxx 000		Xxxxxxxxxxxx
		Amodu Tijani Street
		Victoria Island
		Lagos
		NIGERIA

- 23 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
NORWAY		DnB NOR Bank ASA		Xxxxxx Xxxx Xxxxx XXX
		Xxxxxxxx 00		Xxxx
		XX Xxx 0000 Xxxxxxx
		X-0000 Xxxx
		XXXXXX
OMAN		HSBC Bank Middle East Limited		HSBC Bank Middle East Limited
		Bait Al Falaj Main Office		Ruwi
		Ruwi PC 112
		OMAN
PAKISTAN		Standard Chartered Bank (Pakistan) Limited		Standard Chartered Bank (Pakistan) Limited
		Box 4896		Karachi
		Xxxxxx Xxxxxxx Xxxxxxxxxx Xxxx
		Xxxxxxx 00000
		XXXXXXXX
PANAMA		HSBC Bank (Panama) S.A.		HSBC Bank (Panama) S.A.
		Plaza HSBC Building, 9th Floor		Panama City
		Xxxxxxxx de la Xxxxxxx Xxxxxx xxx 00xx Xxxxxx
		Xxxxxx Xxxx
		XXXXXX
XXXX		Xxxxxxxx xxx Xxxx X.X.		Xxxxx xx Xxxxxxx xxx Xxxx
		Camino Real 457		Lima
		Torre Real — 0xx Xxxxx
		Xxx Xxxxxx, Xxxx 00
		XXXX
XXXXXXXXXXX		The Hongkong and Shanghai Banking		The Hongkong and Shanghai Banking
		Corporation Limited		Corporation Limited
		00/X, Xxx Xxxxxxxxxx Xxxxxx, Xxxxx 0		Xxxxxx
		6766 Xxxxx Avenue Xxxxxx Xxxxx xx Xxxxx
		Xxxxxx Xxxx, Xxxxxx 0000
		XXXXXXXXXXX
POLAND		Bank Handlowy w. Warszawie S.A.		Bank Rozwoju Eksportu S.A.
		ul. Senatorska 16		Warsaw
		00-923 Xxxxxx 00
		XXXXXX
XXXXXXXX		Banco Espirito Santo, S.A		X.X. Xxxxxx AG
		7th floor		Frankfurt
		Xxx Xxxxxxxx, 00
		0000-000 Xxxxxx
		XXXXXXXX
QATAR		HSBC Bank Middle East Limited		HSBC Bank Middle East Limited
		000 Xxxxxxx Xxx Xxxxxx Xxxxxx		Xxxx
		P. O. Box 57
		Doha
		QATAR

- 24 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
ROMANIA		ING Bank N.V.		ING Bank N.V.
		00-00 Xxxxxxxx Xxxxxx		Xxxxxxxxx
		000000 Xxxxxxxxx 0
		XXXXXXX
*RUSSIA*		X.X. Xxxxxx Bank International**		JPMorgan Chase Bank, N.A.
		(Limited Liability Company)		Xxx Xxxx
		Xxxxxxxx 0/0, 0xx xxxxx		X/X XXXxxxxx Chase Bank London (USD XXXXXX
		Xxxxxxxxxxxx Xxxxxx		Xxxxxxx)
		000000 Xxxxxx
		XXXXXX
		ING Bank (Eurasia) ZAO		JPMorgan Chase Bank, N.A.
		(Closed Joint Stock Company)		New York
		36 Krasnoproletarskaya ulitsa		A/C JPMorgan Chase Bank London (USD NOSTRO
		127473 Moscow		Account)
		RUSSIA
*RESTRICTED SERVICE ONLY. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR FURTHER INFORMATION.*
SAUDI ARABIA		SABB Securities Limited		SABB Securities Limited
		X.X. Xxx 0000		Xxxxxx
		Xxxxxx 00000
		XXXXX XXXXXX
XXXXXX		UniCredit Bank Srbija a.d.		UniCredit Bank Srbija a.d.
		Xxxxxxxxxxx xxxxxxx 00		Xxxxxxxx
		00000 Xxx Xxxxxxxx
		XXXXXX AND MONTENEGRO
SINGAPORE		DBS Bank Ltd.		Oversea-Chinese Banking Corporation
		000 Xxxxxxxxxx Xxxxxx #00-00		Xxxxxxxxx
		Haw Xxx Xxxxxx
		000000
		XXXXXXXXX
SLOVAK REPUBLIC		UniCredit Bank Slovakia a.s.		Vseobecna uverova banka, a.s.
		Sancova 0/X		Xxxxxxxxxx
		XX-000 00 Xxxxxxxxxx
		XXXXXX XXXXXXXX
XXXXXXXX		UniCredit Banka Slovenija d.d.		X.X. Xxxxxx AG
		Xxxxxxxxxx 000		Xxxxxxxxx
		XX-0000 Xxxxxxxxx
		XXXXXXXX
SOUTH AFRICA		FirstRand Bank Limited		The Standard Bank of South Africa Limited
		1 Xxxxxxxxx Xxxxx, 0 Xxxxx Xxxxx, Xxxx Xxxx		Xxxxxxxxxxxx
		Cnr Xxxxxxxx and Xxxxx Xxxxxxx
		Xxxxxxxxxxxx 0000
		XXXXX XXXXXX

- 00 -

XXXXXXX		XXX-XXXXXXXXX		XXXX XXXXXXXXXXXXX XXXX
XXXXX XXXXX		Standard Chartered First Bank Korea Limited		Standard Chartered First Bank Korea Limited
		100 KongPyung-dong ChongRo-Gu		Xxxxx
		Xxxxx 000-000
		XXXXX XXXXX
XXXXX		Santander Investment, S.A.		X.X. Xxxxxx AG
		Ciudad Grupo Santander		Frankfurt
		Avenida de Cantabria, s/n
		Edificio Ecinar, planta baja
		Xxxxxxxx xxx Xxxxx
		00000 Xxxxxx
		XXXXX
SRI LANKA		The Hongkong and Shanghai Banking		The Hongkong and Shanghai Banking
		Corporation Limited		Corporation Limited
		00 Xxx Xxxxx Xxxxxxxxxxx Xxxxxxx		Xxxxxxx
		Xxxxxxx 0
		XXX XXXXX
SWEDEN		Skandinaviska Enskilda Xxxxxx XX (publ)		Svenska Handelsbanken
		Sergels Torg 2		Xxxxxxxxx
		XX-000 00 Xxxxxxxxx
		XXXXXX
SWITZERLAND		UBS AG		UBS XX
		00 Xxxxxxxxxxxxxx		Xxxxxx
		0000 Xxxxxx
		XXXXXXXXXXX
TAIWAN		JPMorgan Chase Bank, N.A.**		JPMorgan Chase Bank, N.A.
		0xx Xxxxx, Xxxxxx Xxx Xx Trading Building		Taipei
		No. 108, Section 0, Xxxx Xx Xxxx
		Xxxxxx 000
		XXXXXX
XXXXXXXX		Standard Chartered Bank (Thai) Public Company		Standard Chartered Bank (Thai) Public Company
		Limited		Limited
		14th Floor, Zone B		Bangkok
		Sathorn Nakorn Tower
		000 Xxxxx Xxxxxxx Xxxx Xxxxxxx
		Xxxxxxx 00000
		THAILAND
TUNISIA		Banque Internationale Arabe de Tunisie, S.A.		Banque Internationale Arabe de Tunisie, S.A.
		00-00 Xxxxxx Xxxxx Xxxxxxxxx		Tunis
		X.X. Xxx 000
		0000 Xxxxx Xxxxx
		XXXXXXX

- 26 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
TURKEY		Citibank A.S.		JPMorgan Chase Bank, N.A.
		Turkiye Main Branch		Istanbul
		Buyukdere Cad. No:100
		80280 Esentepe
		Istanbul
		TURKEY
*UKRAINE*		ING Bank Ukraine		JPMorgan Chase Bank, N.A.
		00-X Xxxxxx Xxxxxx		Xxx Xxxx
		00000 Kiev		A/C JPMorgan Chase Bank London (USD NOSTRO
		UKRAINE		Account)

*RESTRICTED SERVICE ONLY. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR FURTHER INFORMATION.*

UNITED ARAB		HSBC Bank Middle East Limited		The National Bank of Abu Dhabi
EMIRATES — DFM		Xxxxx 0, Xxxxxxxx Xxxxxxxx 0, Xxxx 0		Xxx Xxxxx
		Gate District
		P.O. Box 506553
		Dubai
		UNITED ARAB EMIRATES
UNITED ARAB		HSBC Bank Middle East Limited		JPMorgan Chase Bank, N.A.
EMIRATES — DIFX		Xxxxx 0, Xxxxxxxx Xxxxxxxx 0, Xxxx 0		Xxx Xxxx
		Xxxx District		A/C JPMorgan Chase Bank London (USD NOSTRO
		X.X. Xxx 000000 Xxxxx		Account)
		UNITED ARAB EMIRATES
UNITED ARAB		HSBC Bank Middle East Limited		The National Bank of Abu Dhabi
EMIRATES — ADSM		Xxxxx 0, Xxxxxxxx Xxxxxxxx 0, Xxxx 0		Xxx Xxxxx
		Gate District
		P.O. Box 506553
		Dubai
		UNITED ARAB EMIRATES
UNITED KINGDOM.		JPMorgan Chase Bank, N.A.**		JPMorgan Chase Bank, N.A.
		0 Xxxxxx Xxxxxx		Xxxxxx
		Xxxxxx XX0X 0XX
		XXXXXX XXXXXXX
		Deutsche Bank AG		Varies by currency
		The Depository and Clearing Centre
		Lower Ground Floor
		27 Leadenhall Street
		London EC3A 1AA
		UNITED KINGDOM
UNITED STATES		JPMorgan Chase Bank, N.A.**		JPMorgan Chase Bank, N.A.
		0 Xxx Xxxx Xxxxx		Xxx Xxxx
		Xxx Xxxx
		XX 00000
		U.S.A.

- 27 -

COUNTRY		SUB-CUSTODIAN		CASH CORRESPONDENT BANK
URUGUAY		Banco Itaú Uruguay S.A.		Banco Itaú Uruguay X.X.
		Xxxxxx 1463		Montevideo.
		Montevideo
		URUGUAY
VENEZUELA		Citibank, N.A.		Citibank, N.A.
		Centro Comercial El Recreo		Caracas
		Torre Norte, Piso 20
		Avda. Casanora, Sabana Grande
		Caracas 1050 D.C.
		VENEZUELA
VIETNAM		The Hongkong and Shanghai Banking		The Hongkong and Shanghai Banking
		Corporation Limited		Corporation Limited
		The Metropolitan, 000 Xxxx Xxxx Xxxxxx		Xx Xxx Xxxx Xxxx
		District 1
		Ho Chi Minh City
		VIETNAM
ZAMBIA		Barclays Bank Zambia Plc		Barclays Bank Zambia Plc
		Xxxxx Xxxxx, Xxxxx Xxxx		Xxxxxx
		Xxxxxx
		XXXXXX
*ZIMBABWE*		Barclays Bank of Zimbabwe Limited		Barclays Bank of Zimbabwe Limited
		Corporate Centre		Harare
		1st Floor, Eastern Wing
		Birmingham Road, Cnr. Paisley Road
		Harare
		ZIMBABWE

*RESTRICTED SERVICE ONLY. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR FURTHER INFORMATION.*

- 28 -

Securities Depositories

COUNTRY		DEPOSITORY		INSTRUMENTS
ARGENTINA		CVSA		Equity, Corporate Debt, Government Debt
		(Caja de Valores S.A.)
		CRYL		Government Debt
		(Central de Registration y Liquidacion de
		Instrumentos de Endeudamiento Publico)
AUSTRALIA		Austraclear Limited		Corporate Debt, Money Market, Government Debt and Semi-Government Debt
		CHESS (Clearing House Electronic Sub-register System)		Equity
AUSTRIA		OeKB		Equity, Corporate Debt, Government Debt
		(Oesterreichische Kontrollbank AG)
BAHRAIN		CSDR		Equity
		(Clearing, Settlement, Central Depository and
		Registry System)
BANGLADESH		CDBL		Equity, Government Debt
		(Central Depository Bangladesh Limited)
BELGIUM		Euroclear Belgium		Equity, Corporate Xxxx
		XXX		Corporate Debt, Government Debt
		(National Bank of Belgium)
BERMUDA		BSD		Equity
		(Bermuda Securities Depository)
BRAZIL		CBLC		Equity
		(Companhia Brasileira de Liquidacao e Custodia)
		CETIP		Corporate Debt
		(Central de Custodia e de Liquidacao Financiera de Titulos Privados)
		SELIC		Government Debt
		(Sistema Especial de Liquidacao e Custodia)
BULGARIA		BNB		Government Debt
		(Bulgaria National Bank)
		CDAD		Equity, Corporate Debt
		(Central Depository A.D.)
CANADA		CDS		Equity, Corporate, Government Debt
		(The Canadian Depository for Securities Limited)

- 29 -

COUNTRY		DEPOSITORY		INSTRUMENTS
CHILE		DCV		Equity, Corporate Debt, Government Debt
		(Deposito Central de Valores S.A.)
CHINA, SHANGHAI		CSDCC, Shanghai Branch		Equity
		(China Securities Depository and Clearing Corporation Limited, Shanghai Branch)
CHINA, SHENZHEN		CSDCC, Shenzhen Branch		Equity
		(China Securities Depository and Clearing Corporation Limited, Shenzhen Branch)
COLOMBIA		DCV		Government Debt
		(Deposito Central de Valores)
		DECEVAL		Equity, Corporate Debt, Government Debt
		(Deposito Centralizado de Valores de Colombia S.A.)
CROATIA		CDA		Equity, Corporate Debt, Government Debt
		(Central Depository Agency Inc. – Stredisnja depozitarna agencija d.d.)
CYPRUS		CSD		Equity, Corporate Debt, Government Debt
		(Central Securities Depository)
CZECH REPUBLIC		SCP		Equity, Corporate Debt, Government Debt
		(Stredisko cennych papiru – Ceska republica)
		CNB		Government Debt
		(Czech National Bank)
DENMARK		VP		Equity, Corporate Debt, Government Debt
		(Vaerdipapircentralen A/S)
EGYPT		MCDR		Equity, Corporate Debt
		(Misr for Clearing, Depository and Central Registry)
		CBE		Government Debt
		(Central Bank of Egypt)
ESTONIA		ECDS		Equity, Corporate Debt, Government Debt
		(Estonian Central Depository for Securities Limited)
FINLAND		APK		Equity, Corporate Debt, Government Debt
		(Finnish Central Securities Depository Limited)
FRANCE		Euroclear France		Equity, Corporate Debt, Government Debt
GERMANY		CBF		Equity, Corporate Debt, Government Debt
		(Clearstream Banking AG)
GHANA		CSD		Government Debt
		(Bank of Ghana Central Securities Depository)

- 30 -

COUNTRY		DEPOSITORY		INSTRUMENTS
GREECE		CSD		Equity, Corporate Debt
		(Hellenic Exchanges S.A. Holding, Clearing, Settlement and Registry)
		BoG		Government Debt
		(Bank of Greece)
HONG KONG		HKSCC		Equity
		(Hong Kong Securities Clearing Company Limited)
		CMU		Corporate Debt, Government Debt
		(Central Moneymarkets Unit)
HUNGARY		KELER Zrt.		Equity, Corporate Debt, Government Debt
		(Central Clearing House and Depository (Budapest)
		Zrt. – Kozponti Elszamolohaz es Ertektar (Budapest) Zrt.)
ICELAND		ISD		Equity, Corporate Debt, Government Debt
		(The Islandic Securities Depository)
INDIA		NSDL		Equity, Corporate Debt, Government Debt
		(National Securities Depository Limited)
		CDSL		Equity
		(Central Depository Services (India) Limited)
		RBI		Government Debt
		(Reserve Bank of India)
INDONESIA		KSEI		Equity, Corporate Debt
		(PT Kustodian Sentral Efek Indonesia)
		Bank Indonesia		Government Debt
INTERNATIONAL		CBL		Internationally Traded Debt, Equity
SECURITIES MARKET		(Clearstream Banking, S.A.)
		Euroclear Bank S.A./N.V.		Internationally Traded Debt, Equity
IRELAND		Euroclear UK & Ireland		Equity, Corporate Debt
		(Euroclear UK & Ireland Limited)
ISRAEL		TECH		Equity, Corporate Debt, Government Debt
		(Tel Aviv Stock Exchange Clearing House Ltd.)
ITALY		Monte Titoli S.p.A.		Equity, Corporate Debt, Government Debt
IVORY COAST		DC/BR		Equity
		(Le Depositaire Central / Banque de Reglement)
JAMAICA		JCSD		Equity, Corporate Debt, Government Debt
		(Jamaica Central Securities Depository)

- 31 -

COUNTRY		DEPOSITORY		INSTRUMENTS
JAPAN		JASDEC		Equity, Convertible Debt
		(Japan Securities Depository Center, Incorporated)
		BoJ		Registered Government Debt
		(Bank of Japan)
		JSSC		Foreign Securities
		(Japan Securities Settlement and Custody, Inc.)
JORDAN		SDC		Equity, Corporate Debt
		(Securities Depository Center)
KAZAKHSTAN		CSD		Equity
		(Central Securities Depository CJSC)
KENYA		CBCD		Government Debt
		(Central Bank Central Depository)
		CDSC		Equity, Corporate Debt
		(Central Depository & Settlement Corporation Limited)
KUWAIT		KCC		Equity, Corporate Debt
		(The Kuwait Clearing Company S.A.K.)
LATVIA		LCD		Equity, Corporate Debt, Government Debt
		(Latvian Central Depository)
LEBANON		Midclear X.X.X.		Equity
		(Custodian and Clearing Center of Financial Instruments for Lebanon and the Middle East X.X.X.)
		BDL		Government Debt
		(Banque du Liban)
LITHUANIA		CSDL		Equity, Corporate Debt, Government Debt
		(Central Securities Depository of Lithuania)
LUXEMBOURG		CBL		Equity
		(Clearstream Banking, S.A.)
MALAYSIA		Bursa Depository		Equity, Corporate Debt
		(Bursa Malaysia Depository Sdn Bhd)
		BNM		Government Debt
		(Bank Negara Malaysia)
MALTA		CSD		Equity, Corporate Debt, Government Debt
		(The Central Securities Depository)

- 32 -

COUNTRY		DEPOSITORY		INSTRUMENTS
MAURITIUS		CDS		Equity, Corporate Debt
		(Central Depository and Settlement Company Limited)
		BOM		Government Debt
		(Bank of Mauritius)
MEXICO		INDEVAL		Equity, Corporate Debt, Government Debt
		(S.D. INDEVAL S.A. de C.V.)
MOROCCO		Maroclear		Equity, Corporate Debt, Government Debt
NETHERLANDS		Euroclear Nederland		Equity, Corporate Debt, Government Debt
NEW ZEALAND		NZCSD		Equity, Corporate Debt, Government Debt
		(New Zealand Central Securities Depository)
NIGERIA		CSCS		Equity, Corporate Debt, Government Debt
		(Central Securities Clearing System Limited)
NORWAY		VPS		Equity, Corporate Debt, Government Debt
		(Verdipapirsentralen ASA)
OMAN		MDSRC		Equity, Corporate Debt
		(The Muscat Depository and Securities Registration Company, S.A.O.C.)
PAKISTAN		CDC		Equity, Corporate Debt
		(Central Depository Company of Pakistan Limited)
		SBP		Government Debt
		(State Bank of Pakistan)
PANAMA		LATINCLEAR		Equity, Corporate Debt, Government Debt
		(Central Latinoamericana de Valores, S.A.)
PERU		CAVALI		Equity, Corporate Debt, Government Debt
		(CAVALI ICLV S.A.)
PHILIPPINES		PDTC		Equity, Corporate Debt
		(Philippine Depository and Trust Corp.)
		XxXX		Government Debt
		(Bangko Sentral ng Pilipinas / Register of Scripless Securities)
POLAND		NDS		Equity, Long-Term Government Debt
		(National Depository for Securities S.A.)
		RPW		Short-Term Government Debt
		(Registry of Securities)

- 33 -

COUNTRY		DEPOSITORY		INSTRUMENTS
PORTUGAL		INTERBOLSA		Equity, Corporate Debt, Government Debt
		(Sociedade Gestora de Sistemas de Liquidação e de Sistemas Centralizados de Valores Mobiliários, S.A.)
QATAR		DSM		Equity
		(Doha Securities Market)
ROMANIA		Central Depository S.A.		Equity, Corporate Debt
		NBR		Government Debt
		(National Bank of Romania)
RUSSIA		VTB		Government Debt (Ministry of Finance Bonds)
		(Vneshtorgbank)
		NDC		Corporate Debt, Government Debt (GKOs/OFZs)
		(The National Depository Center)
SAUDI ARABIA		Tadawul		Equity
		SAMA		Government Debt
		(Saudi Arabian Monetary Authority)
SERBIA		CSD		Equity, Corporate Debt, Government Debt
		(Central Register and Central Depository for Securities)
SINGAPORE		CDP		Equity, Corporate Debt
		(The Central Depository (Pte) Limited)
		MAS		Government Debt
		(Monetary Authority of Singapore)
SLOVAK REPUBLIC		CDCP		Equity, Corporate Debt, Government Debt
		(Centralny depozitar cennych papierov SR, a.s.)
		NBS		Government Debt
		(National Bank of Slovakia)
SLOVENIA		KDD		Equity, Corporate Debt, Government Debt
		(Centralna klirinsko depotna xxxxxx x.x.)
SOUTH AFRICA		Strate Central Securities Depository		Equity, Corporate Debt, Government Debt
		(Strate Ltd.)
SOUTH KOREA		KSD		Equity, Corporate Debt, Government Debt
		(Korea Securities Depository)
SPAIN		IBERCLEAR		Equity, Corporate Debt, Government Debt
		(Sociedad de Gestion de los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A.)

- 34 -

COUNTRY		DEPOSITORY		INSTRUMENTS
SRI LANKA		CDS (Central Depository System (Private) Limited)		Equity, Corporate Debt
		LankaSecure		Government Debt
SWEDEN		VPC		Equity, Corporate Debt, Government Debt
		(Vardepapperscentralen AB)
SWITZERLAND		SIS		Equity, Corporate Debt, Government Debt
		(SIS SegaInterSettle AG)
TAIWAN		TDCC		Equity, Corporate Debt, Government Debt
		(Taiwan Depository and Clearing Corporation)
THAILAND		TSD		Equity, Corporate Debt, Government Debt
		(Thailand Securities Depository Company Limited)
TUNISIA		STICODEVAM		Equity, Corporate Debt, Government Debt
		(Societe Tunisienne Interprofessionnelle pour la Compensation et le Depot des Valeurs Mobilieres)
TURKEY		Central Registry Agency		Equity, Corporate Debt
		(CRA)
		CBoT		Government Debt
		(Central Bank of Turkey)
UKRAINE		NBU		Government Debt
		(National Bank of Ukraine)
		MFS		Corporate Debt, Selected Equity
		(Interregional Securities Union)
UNITED ARAB		DFM		Equity, Corporate Debt, Government Debt
EMIRATES — DFM		(Dubai Financial Market Clearing House)
UNITED ARAB EMIRATES — DIFX		DIFX (Dubai International Financial Exchange Central Securities Depository and Registry)		Equity, Corporate Debt
UNITED ARAB EMIRATES — ADSM		ADSM (Abu Dhabi Securities Market)		Equity, Corporate Debt, Government Debt
UNITED KINGDOM		Euroclear UK & Ireland		Equity, Corporate Debt, Government Debt
		(Euroclear UK & Ireland Limited)
UNITED STATES		DTC		Equity, Corporate Debt
		(The Depository Trust Company)
		FRB		Government Debt, Mortgage Back Debt
		(Federal Reserve Bank)
URUGUAY		BCU		Government Debt
		(Banco Central del Uruguay)

- 35 -

COUNTRY		DEPOSITORY		INSTRUMENTS
VENEZUELA		BCV		Government Debt
		(Banco Central de Venezuela)
		CVV		Equity, Corporate Debt, Money Market
		(Caja Venezolana de Valores, S.A.)
VIETNAM		VSD		Equity, Corporate Debt, Government Debt
		(Vietnam Securities Depository)
ZAMBIA		CSD		Equity, Government Debt
		(XxXX Central Shares Depository Limited)
		BoZ		Government Debt
		(Bank of Zambia)

- 36 -