SECURITIES CLASS ACTION AND GROUP LITIGATION SERVICES ADDENDUM

Exhibit (g)(v)

SECURITIES CLASS ACTION AND GROUP LITIGATION SERVICES ADDENDUM

THIS ADDENDUM, dated December 15, 2015, supplements the global custody agreement dated November 5, 2001 (as amended) (the “Custody Agreement”) between XX Xxxxxx Xxxxx Bank, N.A., f/k/a The Chase Manhattan Bank (“X.X. Xxxxxx”) and Xxxxxxxx Series Trust (the “Fund” or “Customer”).

RECITALS

A. The Customer has requested X.X. Xxxxxx, and X.X. Xxxxxx has agreed, to provide certain administrative services with respect to Securities class actions litigation involving Securities where a group (a class) sues another party and where the investors are required to opt out or opt in the group or class following a court judgment or settlement  (“Class Actions”) and/or group Securities litigations (i.e., developing cases that may be brought to the court representing a specific group of investors where the respective investors are required to be listed as part of the cases via opting in prior to such cases being settled or determined, referred to as “Group Litigations” herein) described in Schedule 1 hereto in connection with Securities currently held in Customer’s Accounts, excluding the Accounts set forth in Schedule 3 hereto (collectively, “Serviced Accounts” and individually, “Serviced Account”); and

B. The parties wish to supplement the Custody Agreement to add such administrative services to the services that X.X. Xxxxxx will provide to the Customer in accordance with the Custody Agreement.

C. The service level document for Schedule 1 Part B: Group Litigation Services is attached hereto and will be updated and amended regularly based on markets that X.X. Xxxxxx supports.

AGREEMENT

1. The Services.

(a) X.X. Xxxxxx will provide the administrative services (the “Services”) described in Section 1(b) and/or Section 1(c) (as applicable) with respect to notifications of Class Actions and/or Group Litigations that X.X. Xxxxxx may receive with regard to the Serviced Accounts, including but not limited to, assessing opt-in securities actions and monitoring and assessing eligibility in lawsuits and settlements.

(b) X.X. Xxxxxx will provide the following Services with respect to Class Actions (the “Class Action Services”) for markets listed in Schedule 1 (Part A): [Check if applicable o and initial    ]

i. preparing and submitting claims and supporting documentation on the Serviced Accounts’ behalf in respect of Class Action notifications relating to the Securities held in the Serviced Accounts during the relevant class period;

ii. responding to inquiries from claims administrators arising from the Serviced Accounts’ participation in Class Actions and making changes to the filings of claim forms as needed to address such inquiries; where additional information is required to make such changes, X.X. Xxxxxx will contact the Customer;

iii. communicating with claims administrators from time to time, in X.X. Xxxxxx’x discretion or at the reasonable request of the Customer, with regard to the status of the Serviced Accounts’ claims; and

iv. crediting the Serviced Accounts upon receipt of claim proceeds from the claims administrator.

(c) If elected by the Customer, X.X. Xxxxxx will provide the following Services with respect to Group Litigations (the “Group Litigation Services”) for markets listed in Schedule 1 (Part B): [Check if applicable o and initial    ]

i. upon receipt of notification by X.X. Xxxxxx regarding Group Litigations affecting owners of the Securities, notifying the Customer if X.X. Xxxxxx, using reasonable care and diligence in the circumstances, identifies that the Customer was a shareholder and held the relevant Securities in custody with X.X. Xxxxxx at the relevant time (such Services described in this clause (i), “Group Litigation Monitoring Services”); and

ii. upon receipt of the Instructions from the Customer to opt in regarding each Group Litigation notification referenced in Section 1(c)(i) above:

1. preparing and submitting claims and supporting documentation on the Serviced Accounts’ behalf in respect of Group Litigation notifications relating to the Securities held in the Serviced Accounts during the relevant period;

2. responding to inquiries from administrators arising from the Serviced Accounts’ participation in Group Litigations and making changes to the filings of claim forms as needed to address such inquiries; where additional information is required to make such changes, X.X. Xxxxxx will contact the Customer;

3. communicating with administrators from time to time, in X.X. Xxxxxx’x discretion or at the reasonable request of the Customer, with regard to the status of the Serviced Accounts’ claims; and

4. crediting the Serviced Accounts upon receipt of claim proceeds from the administrator.

(d) Schedule 1 lists those markets, types of and limitations, if any, under which X.X. Xxxxxx provides the Services.  X.X. Xxxxxx may from time to time, in X.X. Xxxxxx’x discretion, modify such Schedule upon notice to Customer.

(i) Except as otherwise expressly agreed by the parties in writing, the Services shall only be provided in respect of notifications listed on Schedule 1 that arise subsequent to the signing of this Addendum and prior to the termination of this Addendum.

(ii) When X.X. Xxxxxx completes and files claim forms or other documentation on the Serviced Accounts’ behalf, X.X. Xxxxxx shall be acting solely in a clerical capacity as the Customer’s agent and shall not be a fiduciary to the Serviced Accounts with respect to the performance of the Services, even though it may act separately as a fiduciary.  X.X. Xxxxxx is not making any representation or warranty as to the advisability of the Serviced Accounts participating in the Class Action or the Group Litigation (as applicable); X.X. Xxxxxx is not expressing any view in relation to the Class Action or the Group Litigation (as applicable); and X.X. Xxxxxx is not

making any representation or warranty as to the likely outcome of any Class Action or Group Litigation (as applicable), participation in which is wholly at the Customer’s request and the Serviced Accounts’ risk. The Customer acknowledges and agrees that any reports or notifications in connection with the Group Litigation Monitoring Services (if applicable) are provided to the Customer to enable it to determine whether to participate in the relevant Group Litigation and are not for investment purposes (including any decisions to sell, purchase or otherwise trade any Securities).

(iii) Notwithstanding anything to the contrary, as an accommodation to the Customer, X.X. Xxxxxx has agreed to file claims, or cause its third party vendors to file claims, in respect of the Serviced Accounts’ Securities transactions while such Securities were held at other custodians or in a name that was not under the control of X.X. Xxxxxx during the relevant class period unless X.X. Xxxxxx, in its sole discretion, decides that it can no longer support such filings.  The Customer shall provide all necessary information relating to such transactions directly to the designated vendor of X.X. Xxxxxx (or to X.X. Xxxxxx if so notified by X.X. Xxxxxx). The Customer represents that such information provided to such vendor (or X.X. Xxxxxx if applicable) is true, correct and complete and agrees to indemnify and hold X.X. Xxxxxx and its agents and vendors harmless from any and all Liabilities that may result from such transactions.

(iv) X.X. Xxxxxx and its Subcustodians shall not be obliged to file a claim or take any action in any Class Action or Group Litigation (as applicable) where X.X. Xxxxxx or its Subcustodians reasonably determine such Class Action or Group Litigation (as applicable) proceeding does not conform with the standards or market practices prevailing in the relevant market and will promptly inform the Customer in writing each time such a situation arises.

(v) Neither X.X. Xxxxxx nor its Subcustodians shall be obliged to file a claim or take any action in any Class Action or Group Litigation (as applicable) where such Class Action or Group Litigation (as applicable) would require X.X. Xxxxxx or a Subcustodian to file a claim in its own name due to applicable law, regulation or market practice in the relevant market. X.X. Xxxxxx will promptly inform the Customer in writing each time such a situation arises.

(e) Filing of Claims; Standing Instructions.

(a) When X.X. Xxxxxx has received a Class Action or Group Litigation (as applicable) notification, X.X. Xxxxxx shall, as contemplated by the Custody Agreement, research records of the Serviced Accounts to identify the Serviced Accounts’ interest, if any, with respect to any such Class Action or Group Litigation (as applicable) notification and shall notify the Customer of the same via email (to such Xxxxxxxx group email address as the parties may agree from time to time) or by posting such notice on X.X. Xxxxxx’x website or other online reporting tool.

(b) With respect to each Class Action, the Customer shall instruct X.X. Xxxxxx no later than two (2) business days prior to the stated opt-out date referred to in the relevant notification whether the Customer disagrees with any of the information provided by X.X. Xxxxxx under Section 2(a) or if the Customer does not wish X.X. Xxxxxx to proceed with filing a claim on the Service Accounts’ behalf, as applicable in such market.  To the extent applicable, with respect to each Group Litigation, the Customer shall instruct X.X. Xxxxxx no later than two

(2) business days prior to the stated opt-in date referred to in the relevant notification whether the Customer disagrees with any of the information provided by X.X. Xxxxxx under Section 2(a) and whether the Customer wishes X.X. Xxxxxx to proceed with filing a claim on the Service Accounts’ behalf, as applicable in such market.

(c) Unless X.X. Xxxxxx has received Instructions not to file a claim in connection with a Class Action on the Serviced Accounts’ behalf at least two (2) business days prior to the stated opt-out date referred to in the relevant notification, X.X. Xxxxxx shall, to the extent applicable in such market, be under standing instructions to complete and file the required claim forms for the particular Class Action with the claims administrator. To the extent applicable, solely in the event that X.X. Xxxxxx has received Instructions to participate in a Group Litigation on the Serviced Accounts’ behalf at least two (2) business days prior to the stated opt-in date referred to in the relevant notification, X.X. Xxxxxx shall, to the extent applicable in such market, be under standing instructions to complete and file the required claim forms for the particular Group Litigation with the administrator and pay all applicable fees and expenses in connection therewith from the Serviced Accounts.

(d) X.X. Xxxxxx shall present with the claim any supporting information that X.X. Xxxxxx has in its possession and that is required as part of the filing as set out in the Class Action or Group Litigation (as applicable) notification. X.X. Xxxxxx shall be authorized to disclose such information regarding the Serviced Accounts as may be reasonably required to complete and file claims on the Serviced Accounts’ behalf.

(f) Responsibilities of the Customer.

(a) The Customer agrees to provide X.X. Xxxxxx with such information and documentation as X.X. Xxxxxx may reasonably require in connection with the Services.

(b) The Customer acknowledges that in relation to any Class Action or Group Litigation (as applicable) it is important that only one claim is filed on the Serviced Accounts’ behalf in respect of a custodial holding or Securities transaction. If, in the same Class Action or Group Litigation (as applicable), multiple claims are submitted on the Serviced Accounts’ behalf for the same custodial holding, then all such claims might be rejected by the administrator. Therefore, where a claim is to be submitted by X.X. Xxxxxx as set out in a notification, as provided by this authorization, no other party should submit a claim on the Serviced Accounts’ behalf for the same custodial holding or Securities transaction in the same Class Action or Group Litigation (as applicable). X.X. Xxxxxx shall have no duty to check whether any other claims have been filed by any third party on the Serviced Accounts’ behalf in the same Class Action or Group Litigation (as applicable). Subject to Section 4, X.X. Xxxxxx will have no responsibility in the event that a claim is rejected on the basis that a duplicate claim has been filed by the Customer or another party.

(c) Should the Customer engage a third party to make a claim on the Serviced Accounts’ behalf in respect of a custodial holding or Securities transaction, (1) with respect to a Class Action, the Customer shall be responsible for instructing X.X. Xxxxxx not to file a claim on the Serviced Accounts’ behalf at least two (2) business days prior to the stated opt-out date referred to in the relevant notification and (2) with respect to a Group Litigation (if applicable), to the extent the Customer has already instructed X.X. Xxxxxx to file a claim on the Serviced Accounts’ behalf, the Customer shall instruct X.X. Xxxxxx to cease filing

the claim at least two (2) business days prior to the stated opt-in date referred to in the relevant notification.

4. Rejected Claims.

In the event that X.X. Xxxxxx is notified by the administrator that it has rejected a claim, X.X. Xxxxxx will notify the Customer via X.X. Xxxxxx’x website or other online reporting tool.

5. Costs.

The Customer agrees to pay to X.X. Xxxxxx for the Services such fees and expenses as set out in Schedule 2 or as the Customer and X.X. Xxxxxx may mutually agree in writing from time to time.

6. Limitation of Liability.

The Customer agrees that X.X. Xxxxxx’x annual aggregate liability with respect to losses arising out of the Services provided under this Addendum (whether for breach of contract, tort, or otherwise, but excluding losses caused by fraud on the part of X.X. Xxxxxx) that may be incurred during any calendar year shall not exceed USD 100,000 and that this shall be the Customer’s and the Serviced Accounts’ exclusive remedy.  Under no circumstances will X.X. Xxxxxx be liable for any indirect, incidental, consequential or special damages (including, without limitation, lost profits) of any form incurred by any person or entity, whether or not foreseeable and regardless of the type of action in which such a claim may be brought.  No action, regardless of form, arising out of or pertaining to the Services may be brought more than six years after the cause of action has accrued.

7. Miscellaneous

(a) Unless otherwise provided herein, all terms and conditions of the Custody Agreement are expressly incorporated herein by reference and except as modified hereby, the Custody Agreement is confirmed in all respects. Capitalized terms used herein without definition shall have the meanings ascribed to them in the Custody Agreement.

(b) This Addendum may be terminated by either party upon sixty (60) days’ written notice to the other party.  Anything herein to the contrary notwithstanding, if the Custody Agreement is terminated, then this Addendum shall automatically terminate on the date such Custody Agreement terminates.

(c) Defined terms that are not defined in this Addendum shall be as defined in the Custody Agreement.

THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY.

IN WITNESS WHEREOF, the parties have executed this Addendum as at the date first above-written.

Xxxxxxxx Series Trust			JPMORGAN CHASE BANK, N.A.
			f/k/a The Chase Manhattan Bank
By:	/s/ Xxxx X. Xxxxxxxx		By:	/s/ Xxxxxxx Xxxx
Name: Xxxx X. Xxxxxxxx			Name: Xxxxxxx Xxxx
Title: Authorized Signatory			Title: Managing Director
Date: December 15, 2015			Date: January 5, 2016