SHAREHOLDER INFORMATION AGREEMENT
(UNDER RULE 22c-2(a) (2) OF THE INVESTMENT COMPANY ACT OF 1940)
This Agreement is effective as of the 25th day of September 2006, by and
between OppenheimerFunds Services ("OFS"), a division of OppenheimerFunds, Inc.,
OppenheimerFunds Distributor, Inc. ("Distributor") and referred together with
OFS as "Xxxxxxxxxxx", CUNA Brokerage Services the following affiliate(s),
and all future affiliates as parties to the Intermediary Agreement (the
"Agreement").
SHAREHOLDER INFORMATION
1. AGREEMENT TO PROVIDE INFORMATION. Intermediary agrees to provide the Fund,
upon written request, the taxpayer identification number ("TIN"), 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.
1.1 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 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.
1.2 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 5 business
days, after receipt of a request If the requested information is not
on the Intermediary's books and records, Intermediary agrees to: (i)
provide or arrange to provide to the fund the requested information
from shareholders who hold an account with an indirect intermediary;
or (ii) if directed by the Fund, block further purchases of Fund
Shares from such indirect intermediary. In such instance,
Intermediary agrees to inform the Fund whether it plans to perform
(i) or (ii). 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. For purposes of this provision,
an "indirect intermediary" has the same meaning as in SEC Rule 22c-2
under the Investment Company Act.
1.3 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.
2. 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.
2.1 FORM OF INSTRUCTIONS. Instructions must include the TIN, if known,
and the specific restriction(s) to be executed. If the TIN 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.
2.2 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.
2.3 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.
3. DEFINITIONS. For purposes of this paragraph:
3.1 The term "Fund" includes the fund's principal underwriter and
transfer agent. The term not does include any "excepted funds" as
defined in SEC Rule 22c-2(b) under the Investment Company Act of
1940.
3.2 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.
3.3 The term "Shareholder" means the beneficial owner of Shares,
whether the Shares are held directly or by the Intermediary in
nominee name.
3.4 The term "written" includes electronic writings and facsimile
transmissions.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed in their names and on their behalf by and through their duly authorized
officers, as of the day and year first above written.
CUNA BROKERAGE SERVICES INC.
----------------------------
NAME OF INTERMEDIARY
By: /s/ Xxxxxxx X Xxxxx
-------------------
Name: /s/ Xxxxxxx X Xxxxx
-------------------
Title: Brokered Products Manager
-------------------------
Date: 25 Sept. 06
------------------
OPPENHEIMERFUNDS SERVICES
(a division of OppenheimerFunds, Inc.)
By: Xxxxx Xxxxxxxx
-------------------
Xxxxx Xxxxxxxx
Senior Vice President
Date: 11/30/06
------------------
OPPENHEIMERFUNDS DISTRIBUTOR, INC.
By: /s/ Xxxxx Xxxx
-------------------
Xxxxx Xxxx
President
Date: 12/5/06
------------------
* As defined in SEC Rule 22c-2(b), the term "excepted fund" means any: (1) money
market fund; (2) fund that issues securities that are listed on a national
exchange; and (3) fund that affirmatively permits short-term trading of its
securities, if its prospectus clearly and prominently discloses that the fund
permits short-term trading of its securities and that such trading may result in
additional costs for the fund.
