SHAREHOLDER INFORMATION AGREEMENT
This AGREEMENT entered into as of March 13, 2007, by and between Calamos
Financial Services LLC as distributor to the Calamos family of mutual funds
("Fund Agent") and Security Distributors, Inc. ("Intermediary").
WHEREAS, Fund Agent is the distributor for the Calamos family of mutual
funds ("Funds"); and
WHEREAS, Intermediary is either (i) a broker, dealer, bank, or other entity
that holds securities of record issued by the Fund in nominee name; and (ii) in
the case of a participant-directed employee benefit plan that owns securities
issued by the Fund (1) a retirement plan administrator under ERISA or (2) any
entity that maintains the plan's participant records, and
WHEREAS, pursuant to Rule 22c-2 under the Investment Company Act of 1940,
the Funds are required to enter into a written agreement with each Intermediary
under which the Intermediary agrees to (i) provide, at the Fund's request,
identity and transaction information about the shareholders who hold shares
through an account with the Intermediary, and (ii) execute instructions from the
Fund to restrict or prohibit future purchases or exchanges; and
WHEREAS, this Agreement shall inure to the benefit of and shall be binding
upon the undersigned and each such entity shall be either a Fund Agent or
Intermediary for purposes of this Agreement (the Fund Agent and the Intermediary
shall be collectively referred to herein as the "Parties" and individually as a
"Party").
NOW, THEREFORE, in consideration of the mutual covenants herein contained,
which consideration is full and complete, the Fund Agent and the Intermediary
hereby agree as follows:
Shareholder Information:
A. AGREEMENT TO PROVIDE INFORMATION. Intermediary agrees to provide the
Fund, upon written request, the taxpayer identification number
("TIN"), Individual/International Taxpayer Identification Number
("ITIN") or other government issued identifier ("GII"), if known, of
any or all Shareholder(s) of the account and the amount, date, name or
other identifier of any investment professional(s) associated with the
Shareholder(s) or account (if known), and transaction type (purchase,
redemption, transfer, or exchange) of every purchase, redemption,
transfer, or exchange of Shares held through an account maintained by
the Intermediary during the period covered by the request.
i. PERIOD COVERED BY REQUEST. Requests must set forth a specific
period, not to exceed 90 days from the date of the request, for
which transaction information is sought. The Fund may request
transaction information older than 90 days from the date of the
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request as it deems necessary to investigate compliance with
policies established by the Fund for the purpose of eliminating
or reducing any dilution of the value of the outstanding shares
issued by the Fund.
ii. FORM AND TIMING OF RESPONSE. Intermediary agrees to transmit the
requested information that is on its books and records to the
Fund or its designee promptly, but in any event not later than 10
business days, after receipt of a request. If the requested
information is not on the Intermediary's books and records,
Intermediary agrees to use reasonable efforts to: (i) promptly
obtain and transmit the requested information; (ii) obtain
assurances from the accountholder that the requested information
will be provided directly to the Fund promptly; or (iii) if
directed by the Fund, block further purchases of Fund Shares from
such accountholder. In such instance, Intermediary agrees to
inform the Fund whether it plans to perform (i), (ii) or (iii).
Responses required by this paragraph must be communicated in
writing and in a format mutually agreed upon by the parties. To
the extent practicable, the format for any transaction
information provided to the Fund should be consistent with the
NSCC Standardized Data Reporting Format.
iii. LIMITATIONS ON USE OF INFORMATION. The Fund agrees not to use the
information received for marketing or any other similar purpose
without the prior written consent of the Intermediary.
B. AGREEMENT TO RESTRICT TRADING. Intermediary agrees to execute written
instructions from the Fund to restrict or prohibit further purchases
or exchanges of Shares by a Shareholder that has been identified by
the Fund as having engaged in transactions of the Fund's Shares
(directly or indirectly through the Intermediary's account) that
violate policies established by the Fund for the purpose of
eliminating or reducing any dilution of the value of the outstanding
Shares issued by the Fund.
i. FORM OF INSTRUCTIONS. Instructions must include the TIN, ITIN, or
GII, if known, and the specific restriction(s) to be executed. If
the TIN, ITIN, or GII is not known, the instructions must include
an equivalent identifying number of the Shareholder(s) or
account(s) or other agreed upon information to which the
instruction relates.
ii. TIMING OF RESPONSE. Intermediary agrees to execute instructions
as soon as reasonably practicable, but not later than five
business days after receipt of the instructions by the
Intermediary.
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iii. CONFIRMATION BY INTERMEDIARY. Intermediary must provide written
confirmation to the Fund that instructions have been executed.
Intermediary agrees to provide confirmation as soon as reasonably
practicable, but not later than ten business days after the
instructions have been executed.
C. DEFINITIONS. For purposes of this paragraph:
i. The term "Fund" includes the fund's principal underwriter and
transfer agent. The term does not include any "excepted funds" as
defined in SEC Rule 22c-2(b) under the Investment Company Act of
1940.
ii. The term "Shares" means the interests of Shareholders
corresponding to the redeemable securities of record issued by
the Fund under the Investment Company Act of 1940 that are held
by the Intermediary.
iii. The term "Shareholder" means the beneficial owner of Shares,
whether the Shares are held directly or by the Intermediary in
nominee name. For retirement plan record keepers the term
"Shareholder" means the Plan participant notwithstanding that the
Plan may be deemed to be the beneficial owner of Shares.
IN WITNESS WHEREOF, the undersigned has caused this Agreement to be
executed as of the date first above written.
Calamos Financial Services LLC
By: /s/ Xxxxxx X. Xxxxxxxx, XX
Name: Xxxxxx X. Xxxxxxxx, XX
Title: President
Intermediary: Security Distributors, Inc.
By: Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: President
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